Bloggy Award

Being pretty new to the business of blogging, I decided to send my blog in for a professional opinion. I chanced upon "Bloggy Award" while visiting other websites, submitted my URL and, voila, a review was completed on 6 Jan 2010. My blog was given a very objective review and some very constructive comments. I am so impressed that I've decided to blog about them and recommend that fellow bloggers who would like to know the positive and negative aspects of their blog designs to send their URLs to "Bloggy Award" as well.

In case you have doubts as to their professionalism or objectivity, I have reproduced here the review which they did for my blog:

Posted Jan 6 2010 in Personal Finance by Noemi:

A Singaporean Stockmarket Investor is the blog of AK71, whose aim is to secure a financial future for himself. In his blog, he shares his experience in trying to grow his wealth and create a steady (passive) stream of income.

Visual Aesthetics – 8
The color scheme of A Singaporean Stockmarket Investor is quite pleasant – various hues of green. First impression: the blog looks stark. If you think about it though, the simplicity matches the central idea of the blog. I suggest a more striking header, though, as well as a few more images here and there. Another suggestion is to balance out the contents of the columns, as most columns have lots of content while the third column has too much “white space.”

User Friendliness – 10
A Singaporean Stockmarket Investor is very very easy to navigate. The four-column structure makes it easy to find relevant links – both within the blog and outside of it. Load times were not a problem either.

Reading Enjoyment – 10
I have to be honest and say I didn’t really find myself enjoying the posts, but I cannot take this against the blogger; after all, I have no inclination towards stocks whatsoever. Going through the content, however, I am pretty sure that like minded people will find the blog quite enjoyable to read.

Useful Info – 10
As ignorant as I am when it comes to investing, I was able to pick up tidbits of information from A Singaporean Stockmarket Investor. I can just imagine how useful this blog will be to those who actually need information on the Singaporean stockmarket. From the blogger’s favorite companies to his strategies, you will find a lot in this blog.

Overall Experience – 9
A Singaporean Stockmarket Investor has loads of content that many will find useful. If you are into investing and the stockmarket, then you ought to bookmark this blog. If, however, you are not, then I suggest passing up on this one.

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Bloggy Award Review

Genting SP

This is another counter which I found visitors searching for in my blog. Personally, I'm not vested. Here is a TA for those who are interested.

On 31 Dec 09, price action formed a wickless white candle, closing at $1.30 for 2009, a record high at the time. On the first trading day of 2010, price action formed a long legged doji with price closing 1c lower. MACD had a sell signal that day and the price has been declining since then.

Today, the price closed unchanged but the relieve this grants to shareholders might be just an illusion as the candlestick formed today is what is commonly called a gravestone doji. With the MACD about to form a bearish crossover, the MFI declining after forming a lower high which spells reduced buying momentum and a declining OBV which tells the chart reader that distribution has been ongoing, more downside cannot be ruled out.

The 61.8% Fibo line is where the rising 20dMA will be next week at $1.21. That provides initial support followed by support found at the 50% Fibo line which is also a many times tested candlestick resistance at $1.18. Rising 50dMA and 100dMA at close proximity to each other should limit further downside by providing a cluster of supports between $1.10 to $1.15.



Taking a quick peek at the weekly chart reveals a bearish candlestick pattern, a smaller black candle within a larger white candle. The black candle week also happened on the back of higher trading volume. The probability of a decline in price is definitely higher next week. Having said this, even if the price should decline to $1.15 next week, the longer term uptrend remains unbroken for now.