Being in the market at all times is not the key to profits. Being in the market when there is a clear, unconfused technical signal during a strong market, and the trader's judgment is not swayed by emotion, is a method for trading success. No matter how good the fundamentals and technicals are, stocks will have a high risk of failure during weak markets.
Wednesday, March 3, 2010
Daibochi trial run products progressing well (tp=4.4)
Trial run products progressing well. Daibochi’s trial run for the packaging of a dairy product for a major dairy producer is well on track, and accordingly, orders have started gaining pace in 1Q10. We also understand that Daibochi has since started on some samples for the group’s other product ranges. Given that the dairy industry is a niche industry, requiring some rigid technical knowledge, we understand that it is not an easily penetratable industry and thus, margins are generally on the higher-end.
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