Sold Holcim

Yesterday's close gave a clear sell signal on the trandline. My order to sell it at the open gets executed at CHF 128.00, at a profit of 0.5% in 8 days.

Sell order for Holcim

Before the open today, I give a sell order for Holcim (HOLN) at market.

Sold u-blox

My limit sell order for u-blox (UBXN) at CHF 66.00 gets executed shortly after the open, with a gain of 10% in three days.

UBXN: first trading day

That was an interesting first trading day after the IPO for u-blox (UBXN). The stock opened at CHF 60.00, the price fell during the morning to a low of CHF 57.80, then rallied in the afternoon with low volume, and closed at CHF 61.00. During the last quarter-hour it traded slightly below the threndline on the 5-minute chart, but at a minuscule volume.

Analising GOOG

The price of Google (GOOG) dropped to the trendline on 22 October but has continued to rally. Yesterday, it closed at USD 668.51, well above the trendline, and stochastic remains high.

Bought UBXN

I got only 4% of the subscribed quantity of u-blox (UBXN) allocated, at CHF 51.00.

Before the open today I ordered some more at market and they got bought at CHF 60.00. Later, the price dropped, with a low of CHF 58.10 so far.

I now place a limit sell order at CHF 66.00 valid until 31 October, only for the quantity I bought at market today, not the small quantity I got allocated on subscription.

Bought Holcim

I buy Holcim (HOLN) towards the close at CHF 127.40. This is the same price at which the stock opened today.

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.