2011.05.06

today was a doomed day. i dreamt that the market rebound after 7 straight days of redness. end up the first thing i saw on bloomberg news page was silver dropped 23%..WTF.. so it was like a few dollar to USD50/oz earlier, suddenly today it is in the 30s range. wow commodity can really kill u if u buy the wrong side i guess

today i spent 30 minute searching for 700 hk next earnings announcement. so it is coming up on 5/10/2011. i decided to take a leap of faith to sell it all at $211 as i was told that stocks like these with no real actual realized earnings, the growth rate usually cannot sustain.

another stock that i was trying to buy was 868 hk at $9. but ended up i set it too late and missed and the stock has already gone up from $8.91 to $9.2x.

doesn’t matter, there is always a next time.

by looking at the turnover of the market the pattern of the stock, it seems like the stocks have bottomed for most of them. as i couldn’t even buy 857 hk at 10.2, lowest it goes was 10.3. and 2689 also looks like bottom. lets wait for tonight’s US market open to confirm how things look.

happy tennis day

after 2 weeks of bad weather and some rescheduling, finally played tennis under a stuffy day. yay. no sun but lots of sweat. good perspiration cycle.

after 6 days of drop, HSI is still RED. diu la sing. and today ended with -54pts again… zero resistance to drop, it tried to stay green for a bit but end up red again. 7 days of red.

i have decided to cut out all my positions in 2628 hk finally
sold my final 2k shares @ 26.85. and bot 500 shares of 2318 HK @ 82.35. slightly higher than yesterday. but i have faith that 2318 hk will reach $100 before 2628 hk climb back like a snail to $27.

also added a small position in 1157 HK @ 20, 1000 shares.

order unexecuted: 2338 HK @ 46.5. Seems support around this range. this stock has been trading between 46.x and 56.x for quite a while. buying around 46.x should be safe bet.

other trade ideas today:

sell 700 hk around 220, exit all positions. I think it can’t stand alone without dropping with the market at all. and i can take some $50 profit per share. the current price, if drop, seems to drop like no support, a weak support around 205, but it can go all the way down to 180-190 range. seems upside is very limited especially in the next 2 months.

another interesting stock is 1299 hk, seems ppl are adding positions into the stock, it keeps going up as market is getting lower and lower. a possibility is that institutional investors might be pushing the price for them to SELL, since they just past the 6 month IPO non-sale period. but i do have faith in it as it is still within one year and AIG still have to further sell its asset. e.g. AIU unit, the most money making unit in AIG before. So to keep the reputation, things should go well with this stock. Medium term i am looking at $30.

There was a struggle whether i should sell the remaining 2k shares of 2628 hk and switch to 2318 hk or 1299 hk. but since i have a sizable % in 1299 hk and it has gone up soooo much recently, i decided to take a bet into 2318 hk instead. and it is also at the lower range of bollinger band.

other stocks in mind:
868 HK, very high. but theme is still hot in china
883 HK but it looks like having a horrible resistance at $20, so i probably won’t consider it till it drops further.

sports stocks sports stocks

i have done a couple of bad trades in the past 2 weeks. market has not been performing the way or to the extent that i want it to. picking the right direction is the first step. setting an accurate target is another. i guess i only managed to get 0.5 of first step done. and failed all the rest. well i took it as a nice and early lesson. at least i start the game with losing money, instead of losing my mind after marking tiny bits.

it is a painful process but i am learning the importance to cut loss on stocks that are on a forever downward trend. i was hoping there might be a slight rebound somewhere. but the drop in May has been quite vigorous and i have just decide to do some stock switching at the spot rather than waiting for a fucking rebound.

the increase in transactions so far have not done me any good and i like how swimming comes in place to cool off my mind a bit before i jump into another conclusion, and execute another wrong trade. i should wait. patience is king

today’s execution: (ouch~)

Sold 3k shares of 2628 @ $27
Bot 2k shares of 2318 @ 81.5

still have 2k shares 2628 hk left and i am planning to move it either to 1299 hk or 2601 hk. debating whether to lower my portfolio % on insurance companies. seems they will be going nowhere in at least the next half year or so.

trade not done:
1157 HK @ $20…50 cents away from the target price for my first batch
29206 HK @ $0.09, 3968 HK seems to be on a double top trend, target heading to $18, was hoping to buy this warrant when 3968 HK was around $19.8, so weak, can’t even get there. will check again tomorrow

Other trade ideas:
494 HK @ $33-$35

Stock on watchlist:
2338 HK – medium term trend still seems weak, but it’s on my monitor

I guess it’s best to wait till 914 HK and 3323 HK drop to hell before buying stocks. The 2 forever strong stocks are finally seeing sign of retreat and lets see how far it will go.

HSI broke the “shoulder” today (~23514), close @ 23315
the next “stronger” support is 22868..lets see if it breaks 23k in the following few days

lesson learnt this week:
on warrants:
1) i should pick a stock that doesn’t trade intraday range that will affect the warrant price so much that i cannot bear with it
2) i should set a cut loss point with a target price of the stock instead of the target price of a warrant. and do reverse engineering on that.

have faith. i will win the game.

i haven’t forgotten you

i have been running at a slower pace these days. and it is actually tougher than keeping my earlier pace. there was a 9 day running break in early april which gives me a hard time to pick up again, both the pace and the distance. i just went through a little valley i guess. now i am feeling better. i have gotten back to at least a 45 min run. and pace back to about 6km/h. i guess this happens. when you actually feel bored about running. same pace. same distance. yet crawling for more distance.. you try to impose a lot of contraints on yourself. a sign of negative energy that i need to get rid of. actually the best part is to plan when and where to run. and of course even better, after u completed what u set out to achieve today. lying in the middle of the track looking up at the sky and daydreaming as time and cars flew by. slowly i am pushing from 45min and up. 5 min a time. i need to speed up my 10km run.

and yes i have a new hobby. picking up a new set of knowledge. chart reading. i am fascinated still. keep my fascination going. please.

8 more months and i will be free. so looking forward to it. whatever the change is. mentally. or in reality. its reaching another stage of internal peace. so important to have that to live on and keep having hopes in human beings. life is harsh. life is also fun.

numbers

i am a person who measures things with numbers. how? lets see how i work on a typical day.

7am. woke up. i turned on the tv to check on the US market and overnight movements of the currencies.
7:10am left home with at least 3 types of fruits. good portion for the day. and before that i have a glass of fruit juice that is blended and mixed with at least 3-5 vegetables and fruits.
7:12am i am on time to get to work by 7:45
7:20am should i take bus 102, 106, 110 or 118. they all cost the same $9.30. and i usually pick the longest queue to line up. rationale behind: i can always cut to the shorter queue if the bus does come along for any of those.. but the risk to go back to the longest queue is very high, as i will risk not getting on the bus because i was too far behind the queue. end up, i can’t get on either bus.. SUCKS
7:43am elevator lobby. i have exactly 2 min to get to the office.
7:46am in my seat, switched on my computer. i have 14 min till those bullshit morning meetings.
8:10am i decided i should go pee now. my pee will take less than 2 min. actually, i will go at 8:12am.
8:15am just drop it.. i will pee after the meeting.
8:45am i am sound asleep, woke up check my phone, no one is awake to chat with me yet. let me clear some games at Words with Friends.
9:00am out of the room. i am hungry, time to munch on my first fruit. premarket time, lets see how the market is performing
9:30am market opens. keep watching. lets check the top turnover and top movement lists. these days i will check the nikkei and yen performance as well. no big movement. not too volatile. oh my stock friend is up. we start throwing numbers around.
11:30am i am hungry. deciding where to eat. usually Cafe De Coral would win. cheap and nice lunch. $26 for my favorite, will all my $5 coupon, i will add on a $5 hot coffee for free to boost up my energy in the afternoon.
1:00pm swim at scaa would cost me $22, swim at home would cost me $20 plus transportation, run at happy valley is free but too much hassle..my runners are home.. swim at wan chai would cost me $19. since i will be having dinner tonight on hk side, let me just stick to the old plan to swim at scaa. it closes at 5pm so i can move whenever i feel like. latest time to get into the pool is 4pm. whats the probability of taking an afternoon nap on my workdesk and missing my swimming schedule? maybe i should set an alarm clock at 3pm.
3:00pm finished my blog, chitchatting and packing my swimming gear, i head off to the pool. while on my way on bus, i check the market some more.
4:00pm i jump into the pool and does a 1500m 30minute swimming. 25 freestyle and around 5 backstroke.
5:30pm back to office. i am thirsty, a coke at 7-11 would cost me $6. does these unhealthy and unfilling drinks actually worth this $6? the profit margin seems so high.
8:00pm dinner time. bus would cost me anything from $3.2 to $6.3… or i can take mtr which charge me a flat rate of $4.0-$4.5. how much time do i have? traffic seems ok? which route does the bus take. what is probability of getting stuck in traffic.
8:30pm what is a dinner that is worth is value or i am happy to eat at some restaurant that can take advantage of overcharging me?
11:00pm i am so lucky to have the quickest and cheapest method to get home converge to one. Bus. $9.30

11:30pm home sweet home. bath and bed time. what time shold i set the alarm clock at?

the cycle repeats itself tomorrow

2011.03.14 another monday.

monday. i should be more energetic than how i am feeling right now.

saturday did a run on treadmill. 8km. set inclination to 1. run while sports news was on. i realize that part that i concentrated the most was the local basketball news. watching these broadcast always make me wanna play some bball immediately. but it is always a pain in the ass to get enough ppl, or even harder to get enough ppl to play at or around the same level. and then you will have to fight for a court with a bunch of guys. halfway through that plan, i would probably have give up.

a friend of mine said that i actually have a very complicated mind. which i totally have no idea where that came from. all i know was there are two very boring sports in my life that i don’t find boring at all. run and swim. and it has become such an addictive habit that i would feel totally dreadful if i skip more than 2 days in my routine. you can call it obsessive if you like. but i guess given i have so much time to burn in life, i guess it is the healthiest way to burn my time other than just bumming around on a sofa with a pack of chips.

so i might actually have a complex mind. when i am someone so easily bored by everything in life. somehow sports enlighten me in various ways. and i pick to conquer the 2 most hard-to-defeat-the-boredom sports to be my lifelong partner. i feel strong. i feel i achieve something in life. it feels good. it’s like telling the world that i might have achieve nothing long lasting in life but i will always have these 2 buddies as my left and right hands.

today as i drag my wearied body into the pool. the moment when i jumped into the pool, the sudden splash of cold water wakes my mind and i reconnected with my internal peace. it feels great. the first 500m was a bit of a dread but then i was sharing the lane with this guy who can swim. which i later realize was a coach that i have known since i swam at scaa. he keep passing me and when he was behind me i feel like i can’t swim too slow, i hate ppl passing me. so i would rather swim faster so he pass me less frequently.

30 min passed by swiftly and i have done my part for the day. feels good. it is getting warm. and swimming makes me realize every bit of me is still alive. don’t get too far with the thought of “the end of the world” for what is happening in japan. we still have to live long and live strong to help the weak.

happy birthday my dear sister, janice. i wish you still healthy for as long as you can. and thank you to mom, for her lovely care to bring both of us up in the past 31 years. i love you both. well and yea, haha my dad!

a question for you posted by my friend: if u can run through ppl’s mind as an adventure, which 3 would u pick?

mine: christopher nolan, murakami, and someone like…Paula Jane Radcliffe

2010.03.10 my fav running song of the day

let me start working on my obituary

2011.03.10 running without nano

4 days since my last run, i feel like i deceived my running schedule. bad bad bad. so i set out to run at least 10km tonight and again got sucked into my computer for too long before i get my ass out the door. so cold. actually it was not that bad. 16 degrees but in a sleeveless vest. i know i need to keep running to encounter the heat dissipation. which is good. i will keep running. fuck. my nano is out of battery when i almost hit the ground, so i have to turn back home and update my run list on my iphone. running with an iphone is impossible unless turning it on airplane mode. its so cool when u can be completely out of touch with this world and just enjoy an hour of silence. sometimes just need to ignore all the troubles and worries in life. there are just too much shits in life, ignoring them an hour is nothing. so be selfish and enjoy that moment.

and today i decided to do a repetitive run along tst east harbor as the number of tourists are not that annoying. back and forth seems doable. and i save 5min (or 1km) towards TKW direction. well this side is definitely a smoother run with better air… sometimes if i am bothered by those annoying tourists, i would imagine holding a gun. once i pull the trigger, they disappear into ashes. and then there leaves a smirk on my face. i am MAFIA..wahahhahaha. that would be so cool. and then i imagine it is like Inception when i can just hang on to a minute in air in slow motion and i escaped into another space. haaa. these kinds of creative and crazy thoughts would occupy some time on my nike+ and suddenly i would get that female voice announcing…”25 minutes left” ..how nice. that’s how dreaming should be. BURN TIME.

today i don’t feel like stopping at all but running with my stupid iphone in hand is quite annoying. especially when halfway into the run i realize the readings were totally wrong. 0.19km in 28minutes.. WOW thanks. fuck you apple. so i have to restart the whole workout. oh well i guess it really dones’t matter about the reading when it is just some statistics for reference. it’s like saving up money. i save up 10km into my run everytime just like i save $10 into my account everyday. wahhaha and suddenly one day you realize how the compound interest effect kicks in. just like how the calorie burnt reading is hitting towards 30000.

and then i didn’t wanna stop but i guess i should cuz it is almost 10pm and i wanna throw my iphone into the harbor already. good that mom is not waiting me for dinner. or else i will throw her into the harbor as well. so today run is totally uncalibrated. wrong time wrong distance wrong speed. but it doesn’t matter. i have a number in mind. all that matters is the sweat that evaporated and the distance i travelled with my sole.

i need more weight training. i want 6 packs.

and listening to this feels nice after a night run, tho i dun understand why EDC has to act like he is some crazy idiot living in a hospitalized cushion room… what does that have anything to do with running?

2011.03.07 What I see through WKCD

This was really a hurting result. With Foster winning the bid. Oh come on, plainly from their earlier roadshow, i don’t see how much heart they have put into this project. i feel sorry for OMA and Rocco losing the bid. It doesn’t matter how well they have done. When it comes to the HK government’s final decision, I am sure they need to take the least risk and make sure the giant amount of money they spent bought something that is worth the money. That means, something from international firms. Rocco obviously lost on that end. Then there are two players remaining in the game. Obviously, Foster is more well known than OMA. But seriously, what is that shit that they are building other than the trees. And the sarcastic part is, OMA’s park is actually larger than Foster’s. Where does culture stand? FUCK.

I wish going on strike could help the HK government to open up their minds. But we all know how low efficiency it is to go on strike. If the decision is to satisfy and shut the mouth of a bunch of majority, of which is of low income, low education level. How will you ever teach them what culture is in the Foster’s plan? This is just ridiculous.

It once again proves that the government is good at putting together a plan but failed to execute it with the true meaning. Very disappointed. Hong Kong just doesn’t deserve a better cultural scene. Don’t blame anyone, people. You deserve this.

Afterall, this is just Hong Kong. Global architects should be focussed elsewhere, if this place doesn’t appreciates the crossover of art, culture, human and architecture.

Knowledge is pointless in this society.  Who knows what culture means actually? You think the government understand, eh?

20 years later, I still have faith that the scene will change. But who knows if we will still be standing then, right?

2011.03.07 i hate the treadmill

it has to be the most boring fitness tool on earth. how can you be running on this moving walkway and yet you never really advance? it took me half a day to struggle to get on the treadmill. in this stuffy gym room facing an under-construction pool. anyway, since i have only an hour in total for exercise today, i decided to mount on this giant anyway. luckily there isn’t anyone in the gym room. i am all on my own and i can run in the ugliest posture as i like. yahooooooooo! this stupid tv screen is too close to the runway and i first tried to tune into MTV channel but dammit i have my own music on nike+ so i guess it’s better to watch something more of an action. so i tuned into tvb pearl. nba is on! it’s great to see those muscular man in these perfect shooting postures. how nice the lining. so anyway i started to run and i had a hard time adjusting to the fucking speed. i started at 8km/h. fuck so slow, then slowly 9km/h and then 10.8km/h in the end. need to chase up the slow run in the beginning. i planned a 30 min run followed with a 15 min weight training. and yes i hate weights too. so basically i hate going to the gym and dealing with all these dead and inhumane fitness machines. they look like aliens to me. monsters.

so i ran 5.3km. shortest ever in my running record since October. anyway. given the time, i beat 10km in an hour. so i am still impressed. maybe i should have a treadmill at home. so i can run at like 3am in the morning.

weights were boring. but i beat it. upper thigh muscles are weak. and as usual my triceps and my shoulders. oops forgot my abs.. i want my 6 packs. i really need to put an effort into training my muscles if i want to run better. it’s a good start. but 2 sets of 20 is really too little for each set of muscle. i will do better next time. and yes i am going to come back to the gym.

i was struggling earlier whether i should at least run 8km and above everytime but when i click on the nike+ website, i see that sometimes it actually ask you to run around 5km during a training course. i guess it is a good way to not strain my muscles everytime i run. strengthen the muscle while not overworking.

the whole process of studying my body reactions to the training i feed it is actually a very interesting learning.

today is swimming day. i did a 1500m freestyle + backstroke swim at scaa. tomorrow should be a night 10km run.

i am so addicted to exercise. is this actually healthy?