Recent content by yipwj

Part of the reason why I'm paying to hedge my fund in Singapore dollars. PUBLISHED APRIL 14, 2012 Singapore, the future Swiss franc market for Asia SINGAPORE - A flurry of foreign fundraising, including a rare high-yield chinese bond, has put the spotlight on Singapore's growing...

HAPPY EASTER SUNDAY! Treasured Blessings to one and all in this day of Resurrection of Christ!

Current Value: US$92229.34x1.25101=S$115,409.13 Commentary: The bounce back up of 2.52% virtually eliminated last month's last day grains frenzy, with better news across the board globally, helping in my long positions (Wheat is still weak though, I may be exiting this position soon...

March 2012 Performance and Overall Report Current Value: US$89437.19x1.25805=S$112,516.46 Commentary: I had expected a small loss for this month of March, but over the past few hours, my short positions in Wheat took a rough beating. For the day, Wheat was up a jawdropping 7.94%. So...

Current Value: US$91598.19x1.25605=S$115,051.91 Commentary: Generally commodities have slided downwards. The pain for me comes from positions in Natural Gas have been wallopped and it has been painful. Otherwise, shorts in other commodities softened the blow and pretty much balanced off...

This article caught my eye. I made similar bets but while they turned out to be losing bets, I do not consider them 'wrong'. Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities By Joe Richter - Mar 26, 2012...

Current Value: US$91203.51x1.26192=S$115,091.53 Commentary: No good news in sight, as we still see weakness in the global economy. I managed to get 2 seconds on bloomberg of MF Global and Jon Corzine. I've not expressed my views on this before, but this matter is close to the hearts...

Current Value: US$90733.99x1.26463=S$114,744.92 Commentary: The fund has hit a bit of a bad patch, particularly with traders speculating of a revival of the Europe crisis led by Spain and China's slowdown (to 7%, yes, 7%, and everyone's panicking - what if it slows to 5%?). I'm still...

Current Value: US$92191.25x1.2650=S$116,621.93 Commentary: Perception of weakening Chinese economy is still hanging over commodities, so until there is clarity on this, there will not be much upside. Nevertheless, my position is to ride this weakness. Others: Too busy...

Current Value: US$92582.12x1.26304=S$116,934.92 Commentary: The markets, both commodity and stocks are weakening as bulls take a rest. But this is a short term situation, with the trend still on the up. What's interesting is the idea that F1 could be IPO-ed. I guess there will be a...

Current Value: US$92700.76x1.25866 = S$116,678.74 Commentary: None. No time to read the news today. I reviewed my strategy over the weekends. No changes needed. Technicals and fundamentals making sense for one of the commodities, I will probably put through that trade tonight...

Current Value (Friday Close): US$92477.67x1.25751=S$116,291.59 Commentary: Not much to comment, but given the fall since last week, I'll be reviewing my strategy over the weekend. I doubt there will be any or much change though. Others: On the 'other job' front, It has been an...

Current Value: US$91939.98x1.26146 = S$115,977.35 Commentary: I've been out for a business trip today looking at a solar manufacturing company, and came back noticing further weakness. I'll be re-looking at my strategy over the weekend.

Current Value: US$92436.49x1.26643 = S$117,064.34 Commentary: The Current Value is a pretty disgusting sight, and I'm in an unenviable position to bet against the lemmings who believe China is in a hard landing. Thanks to Wen Jiabao and his last hurrah speech. Nevertheless, down...

Current Value: US$93492.42x1.26319 = US$118,098.69 Commentary: More weakness in the markets with Wen Jiabao in his closing speech confirming the slowing Chinese economy, presenting me with a dent in an otherwise improving Current Value. It must be a heart attack inducing period for...