Defining Bull Market Based on MA250

Bull Market Stages:
Stage 1 - Index crossing and staying above MA250
Stage 2 - MA50 crossing above MA250, called "golden cross"
Stage3 - MA250 moving up, usually the uptrend will maintain quite a long period

Examples:

• On Feb-6-2006, Shanghai A index closed at 1349 when MA 50 crossed MA250 s (golden cross), the index accumulated a gain of 360% reaching 6429
• On 1-Jun-2009, the golden cross appeared in Shanghai A and Taiwan market indices (entering Bull Stage 2) while other markets (US, UK, and Asia) still await in Stage 1. On 16-Jun-2009, the golden cross appeared in S'pore STI index, hence also entered Bull Stage 2; around mid-Sep 2009, MA250 started moving up, technically entering Bull Stage 3.
  

(Source: RBC-IS(Asia), 01-06-2009)

My CPF Investment

My shares portfolio with CPF fund:
1)M1 - selected based on high dividend 6-7% (attributed to a minimum of 80 dividend distribution), plus potential business growth due to new NGNBN (next-gen broadband network) service launch in the near future.
2)Parkway Health Reit - selected based on high dividend ~6% (attributed to steady rental income stream from health industry tenants).
3)Euyansang - selected for its long-term steady growth (achieved 2-digit revenue compound annual growth in the past ten years), being the TCM sector leader in SE Asia with an established brand name.
Strategy: Accumulate on dips.

(update: 8-6-2011)

Market Update - June 2011

24 June (Fri):
Overall Market:
(MarketWatch.com) Overnite Dow staged a late rebound to trim early loss of 200pts to only 59 (to reflect on mixed reports:
- (i) a plan to release petro from global reserves hammed oil giants Exxon Mobil and Chervon; and (ii) Greek authorities have agreed to a new 5-year austerity plan to avoid a sovereign default).
- NASDAQ+17, FTSE -98; Gold 1520+, Silver 34+; palm oil -42, crude oil ~92.
- at noon, STI slightly up ~8 while HSI edged up ~300 pts.
Last week:
- quiet while market mood is soft
This Week:
- today sold Tech Oil&Gas @1.01 PP with a gain of $0.1, as it softens after 2 days of surge from $0.90
Watchlists:
- (HK) Dongfeng M., Johnson E. (rebound)
- (SP) GARw (accumulating), Mapletree Ind. (PP), KepCorp (rebound)

19 June (Sun):
Friday closing:
* STI 3,005 -14, HSI 21,695 -257; Dow 12,004 +42, NASDAQ -7, FTSE +16
* Oil 92.9 -2, Gold 1540 +10.9

17 June (Fri):
Today:
- market is weak
- accumulate GARw on dip at .145 and .15; Golden Agri surged at the close & reversed from -.01 to +.02 to close at .685

15 June (Wed):
Overall Market:
- overnite Dow +123, NASDQQ+36, FTSE +29; metals mostly edged up: Gold 1526 +0.2%, Silver 35.6; most oils (palm oil -.2%, crude oil future ~99, ..) slightly off.
- today STI slightly up while HSI correction continues
Last week:
-Long KepCorp @11.16 on rebound off Sup 11.06
This Week:
- closed KepCorp SL@10.96, lost 0.20, rebound didn't materialise :(
Watchlist:
- (HK) Haier, Dongfeng M., Johnson E.
- (SP) CWT, GARw, Mapletree Ind. (-)Gent SP, F&N, ..

7 June, 12.40pm:
(my blog resumed after HongKong trip)

Overall Market:
- overnite Dow -61 , FTSE +8; today STI & HSI continue correction (-1, -165)
Commodity Sector (extracted from Reuter/UOBKH morning news):
-Gold hits one-month high on weak U.S. outlook. SPOT GOLD 1543.89 +0.05% +0.840
-Oil falls on OPEC hike possibility, demand concern. US CRUDE 98.8 -0.21% -0.210
Commodity Counters:
-Olam International confirmed plans to raise S$740 million through a placement of new shares with an eye on future acquisitions. The company plans to sell 94.4 million shares to institutional investors and another 94.4 million shares to Singapore state investor Temasek at S$2.60 a share. The offer price represents a discount of 8.4 percent from the weighted average price of S$2.8381 on June 3.
-MERMAID MARITIME said it plans to consolidate its drilling business under a new unit Asia Offshore Drilling, which will list on Norwegian stock exchange Oslo Axess by end of the month.
-THE THINK ENVIRONMENTAL proposed a change in its core business activity to the mining of precious minerals and natural resources, and said it plans to invest about $41 million in its gold mining assets. The firm will dispose of assets in its green environmental business and change its name to LionGold Corp. The changes are subject to the approval of shareholders.
-Golden Agri Resources' crude palm oil production could rise by more than 10 percent this year if weather conditions remain favourable, its executive director said on Tuesday.
Last week:
-bgt Mapletree IT @1.15, it seems building up at te narrow range of 1.15-1.17
-added more CWT @1.26, on te back of increased vol + gd recom (UOBKH) based on promising expansion into commodity biz (TP~2.0)
This week:
- shopping for any good values during te correction
Watchlist:
- (HK) commodity sector: copper, aluminium n oil; gaming sector (Galaxy, SJM, ..) ; Ch. financing sector, ..
- (SP) CWT, GARw, F&N, (-)Gent SP, TigerAir, ..