Watching HOLN

Today's closing price confirms the buy signal given yesterday on the trendline, but stochastic 15/5/15 does not confirm it.

I shall watch it at the open tomorrow and decide then whether to take the risk to buy it. Does today's doji candle signal the beginning of an uptrend?.

Subscribed u-blox

A little bird told me about the IPO of u-blox and I subscribe some shares.

"October 16, 2007 -- u-blox Holding AG publishes today the details of its planned initial public offering (IPO) on the SWX Swiss Exchange. The price range for the registered shares being offered will be between CHF 42 and CHF 54 per share. Bookbuilding will start today and is expected to end on October 25, 2007, 12.00 noon (CET). The first trading day on the main segment of the SWX Swiss Exchange is planned for October 26, 2007."

Evaluating HOLN

The price of Holcim (HOLN) has been falling steadily and I am drawing a trendline to look out for a buy signal.

I see that stochastic 15/5/15 does not give reliable signals and I shall have to experiment with other parameters.

Analysing HTC

I look at the chart of Taiwaniese company High Tech Computer, after reading in a market research report of UBS dated 13 October 2007 about a potential project with Google (GOOG):

”Given HTC’s strong confidence in its differentiation capability, we believe the company is exploring new business opportunities that outsiders might perceive as potential risks such as ODM projects for GOOG (Google) or Sony Ericsson. We believe these are confirmations of HTC’s leading industry position in the smartphone market and could generate potential upside to the street 2008 forecast.

Our checks suggest HTC is scheduled to ship ~50,000 handsets with a GOOG OS by the end of 07. We believe the timing could be earlier than the market expectation and the volume could be small initially given it will be for developers to build more applications only. UBS Internet services analyst Benjamin A. Schachter believes GOOG needs to find carrier partners and more details could be available at GOOG’s analyst day on October 24^th.

Given the software is from Google and HTC only provides the hardware designs, we think the possibility to endanger HTC’s relationship with Microsoft should be limited. This is also because HTC could still account for over 70% share in the Windows platform in 2008 according to our estimate and thus Microsoft could still depend on HTC to generate the overall volume growth. We believe other projects with GOOG are in the plans for 08 and the volume could be more meaningful.”

I see that the market has already factored these exptectations into the price. In view of the high volatility of the price, I decide against buying the stock at this time.

GOOG looks alright for today

20 minutes before the open the bid for GOOG is USD 630.11. I worried for nothing or, more likely, too early about a reversal. At the moment, the rally continues.

Evaluating GOOG

Yesterday, GOOG closed at USD 616.00 only minimally above the trendline. Stochastic gave a sell signal already the day before yesterday.

The stock has had an excellent run and I fear a reversal. At the open today I will watch it closely, with a view to selling it if indicated.

Sold Holcim

My order to sell HOLN at market at the open gets executed at CHF 133.60, with a gain of 12% in 48 days.

Sell order for Holcim

Today's closing price gives a sell signal on the trendline and I place an order to sell at market at the open tomorrow.

Sold Swatch

The closing price on Friday, 5 October gave a sell signal on the trendline and I sell Swatch (UHR) today at CHF 376.50, with a gain of 3.2% in 46 days.

Next time, I shall buy UHRN on SWX. With the same transaction dates, this would have given me a gain of 8.5%

Evaluating GOOG

The trendline gave a sell signal on 4 October, stochastic already on 2 October, but I am holding on to GOOG for the moment and will see what Monday brings.

Sold SILC

I sell SILC at USD 24.629, with a gain of 22.5% in 72 days.

SILC: stop-loss order

I set a trigger at USD 21.70 to activate a stop market order at USD 21.60

Buying quadrant

I buy Quadrant (QUAN) at CHF 211.50.

According to a press release on 30 August and news report on 31 August, the two British companies BC Partners and Cheyne Special Situations Fund are considering a buy-out offer at CHF 300 - 330 per share.

Google: preparing for sell signal

The price of GOOG has begun to move up and I am drawing a trendline to see the sell signal when it comes.

Bought Swatch

I have been watching Swatch (UHR) at Virt-x for the past few days. Yesterday's close gave a buy signal and I gave given an order to buy UHR at the open today.

The buy order gets executed at CHF 365.00

Bought Holcim

Yesterdays close for Holcim (HOLN) gave the buy signal I had been waiting for but I forgot to give the order to buy at the open today. Therefore, I bought Hocim now, at CHF 119.30

Holcim: will it give a buy signal today?

I wonder how Holcim (HOLN) will do today. Based on my chart, if it closes above CHF 117 today I should give an order to buy it at the open tomorrow, but is this really the turnaround?

Deciding against Holcim today

I see that the estimated opening price of Holcim (HOLN) has dropped to CHF 127 and therefore cancel my limit buy order, as I will be not at the computer at the opening to watch it.

Analysing Holcim

I have been watching the trend of Holcim (HOLN) for some days now and finally see a buy signal in yesterday's close. I plan to watch it at the open and hope to buy it on Virt-x at maximum CHF 129.

Evaluating Roche GS

If it weren't for the high fees charged by Swiss brokers, plus taxes, I would have sold ROG at the sell signal (at CHF 219.20 on 9 July) and bought them back at the buy signal (at CHF 213.00 on 31 July). For example, Swissquote currently charges a commission from CHF 9 to CHF 250 each for purchase and sale, depending on the amount of the transaction. Their current commission schedule is shown on the left (click to enlarge). On top of this come 0.075% federal tax and a stock market fee of CHF 0.10 per CHF 1000 transaction value.

Doing the exact calculation now, I see that a sale and repurchase would still have been worth my while, giving me a net profit of 0.7%