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Trading Secrets of the Super Rich

Ever wonder how rich folks trade?

I don't mean hedge funds and the like. I mean the real rich, people with inherited wealth who don't have to spend their days huddled over computers in order to earn a living. They can hire the best help and advice out there -- they must be cleaning up, right?

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Where is the Dow heading?

The past 2 weeks have been volatile, and we are expecting that the DJIA to continue going lower in the next few months. Wall Street has closed positively green yesterday following the talks by Bernanke and Bush. However, it doesn't look good for the next couple of weeks.

This might be a good time to buy puts options.
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Beware even if market is up

There are traps even when market is up. In one typical case of Star Cruise SCP.SG, this article explain how Short players manipulate the market when volume is still relatively thin amidst some good news.


Stock Pick 21 Aug 07

Stock Pick for Singapore stocks market:

1) Star Cruise
Recent good news of billion dollar deal and current sell down (on news) presents opportunity.
Here is the analysis by DBS bank with target at US$0.57
Read Official Report

On the contrary, some say that the billion dollar injection from Apollo is used to pay up debts rather than expansion. Price is good but caution!
Current Price: US$0.435

2) BakerTech
Good fundamentals and support at current level. SSH leads with confidence.

Target: S$0.40

Caveat Emptor

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