Friday, July 9, 2010

BullDozer XJ Momentum Pro - My Current Project

OK, I've got a few curious enquiries on what trading software project am I working on. Some asked : When it is going to be ready? What is it for? Some secrets to winning in the market? Why so long?And I thought why not document the entire development process on my blogsite and share the challenges that I faced, the lessons that I've learnt, the pitfalls, the joy and disappointments in the course. SO, here's the opening of a new topic: MY CURRENT PROJEC...

Thursday, July 8, 2010

How's my GOLD....

Opps!...gold price apparently takes a dip after my post on where I felt it might/should be heading http://stockrats.blogspot.com/2010/06/it-was-oil-now-its-gold.html. One reader after reading  my post said that to me. In between his words, I read these :"Wong, you are wrong this time. It isn't happening the way you described in your blog...booooo" BUT, here's how I look at it...I am even more bullish with this dip. Why? This dip is quiet. There is not much media coverage. And, in my view [at least], a quiet dip is scary; Something big is in the making. There is no sign and no words of panic selling; which is a typical sign of a bubble? what's more fishy about this dip from high is that it happens in the midst of global economic amplified news on 'uncertainties' of , well...what most...

A peep into the deal making process - [snapshot 4 of 6]

 Unlike street transactions, corporate deals are bounded by stringent compliance guidelines, mainly to protect the interest of the minority shareholders [ aunties and uncles]. However, as most clients are not familiar with them, my job was to hear, collect and get those KEY deal points clear in plain language and then help him structure the deal in an acceptable 'flow' by standards of corporate finance practice. And it goes something like that in this sample email correspondenc...

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