Permagnus.com

Every good trader knows a sentence “Don’t be too greedy”. So I guess I’m not a good trader then. The day before yesterday, PGAS sank to 11300 level. Many investors and traders alike are trying to bail out of their position due to unfortunate regional investment climate due to Thailand’s new monetary policy (although they [...]

I’m currently reading a book by Leslie Masonson titled All About Market Timing (yeah I’ve been digging into technical analysis for several months now). In one of the page on her book (is it a he or a she?) she stated:
…, never use dollar-cost averaging in a bear market, since it puts you on the [...]

Okay, our buy put options (or short selling positions for you who hold it?) is going very green. Today AMD opened $0.34 lower. I think they closed $0.6-something lower yesterday, I have to check my account for that. Don’t cover your position just yet, I think it can go down more than $4 next week [...]

I have no trading ideas today. I got some signals from RIMM that is probably ready to break its new high (especially their earning announcement is due on Thursday) but still… this stock is already enjoying a good long run.
And Dow Jones is near its all time high so we traders better be careful. Sit [...]

Today (US time that is… meaning Monday’s trading day) my friend told me about an interesting stock that might hold a substantial gain. The stock name is MSCC. He told me that the stock already break 1 year low only in 3 days. He’s going long (read: buy) with the stock.
“Something fishy here,” is my [...]

Yesterday (August 30th), I tried my fate on PTBA (Bukit Asam, an Indonesian company that mainly produces coal). I bought the stocks at Rp3500 and I believed that the stock will go upwards for at least 4 points (around Rp100 rupiah). I believed that because of the following reason:

Bank of Japan and The Fed have [...]

Bloomberg just ran a news about the Nickel (and thus its derivatives such as Ferronickel) deficits around the globe that is caused by the 10% consumption increase by manufacturers this year. Of course this is always a good news since I just bought a pretty pivotal stock of an Indonesian company yesterday.
We’ll see how should [...]

I’m already skeptical about any company that has Bakrie family as one of the major stock holder. No, I have nothing personal against Bakrie (or his family for that matter), it’s just that I never did well in the stock market while holding their company. Be it BUMI, ENRG, or BNBR (UNSP is sole exception).
They [...]