What a drastic roller-coaster ride we been
through yesterday, with so many hot stocks
staging a recovery from a Red low, and some
closing and charging high, like Yanlord.
Every now and then, we will have such a
wild horse, that will be helped with fundamental
reasons together with chart formations that
will prospel it to higher sky. We have Noble,
Olam, NOL some trading days ago, and
we have Yanlord last couple of days.
These are the type of stocks that traders
thrive on, and big money can be made from
them, even just one or two of them.
The "obvious" scenario will be a red opening
with some hot stocks maybe gapping down,
but I expect recovery again in some stocks.
Some hot stocks' momentum is still intact,
and will likely surge on, for example
Raffles Educations.
I will stick to the green leaves in a pool
of red flowers, and be ready and prepared
for any North wind. I have given out my
trading stocks and I will trade them accordingly.
I am strict with my stops and so should you,
if you are entering any positions.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
P.S: If you have Metastock and have access to EOD data
for our local stocks, and would like to scan for 80cts to
90cts stocks for a potential surge pass the $1 mark,
leave a comment here or email me.
It is just a simple formulae, and it is just a simple trading trick.
The stocks are at the 80s, 90s for reasons that
I don't care, but I do know that the possibility of them
surging pass $1 mark at subsquence trading sessions
are rather High.
危机就是转机!! The Chinese use two brush strokes to write the word "Crisis". One brush stroke stands for Danger, the other for Opportunity. In a Crisis, be aware of the Danger but recognise the Opportunity. - Former US President Richard Nixon
Friday, December 19, 2008
Thursday, December 18, 2008
Market View 18 Dec 2008
It has been a rather quiet trading week,
but I believe the real show is just
about to begin.
From my interpretation of chart formation,
we will likely be seeing "real" action on thursday
and friday. The "real" action can be either a
great surge or a downhill slide.
Today's opening will be weak following US' overnight
decline, but the strength will pick-up and it is possible
that we will see an opposite situation from yesterday.
Is it possible?
If you wish to enter the market today,please stick to a
strict money managementaka cut loss level.
I am adding Raffles Education into my potential trading stocks
list based on chart formation. I will be sticking with the "strong"
stocks that are still green today, and those near $1 or$1+ stocks,
but I will be strict with the stops.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
but I believe the real show is just
about to begin.
From my interpretation of chart formation,
we will likely be seeing "real" action on thursday
and friday. The "real" action can be either a
great surge or a downhill slide.
Today's opening will be weak following US' overnight
decline, but the strength will pick-up and it is possible
that we will see an opposite situation from yesterday.
Is it possible?
If you wish to enter the market today,please stick to a
strict money managementaka cut loss level.
I am adding Raffles Education into my potential trading stocks
list based on chart formation. I will be sticking with the "strong"
stocks that are still green today, and those near $1 or$1+ stocks,
but I will be strict with the stops.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
Wednesday, December 17, 2008
Market View 17 Dec 2008
Thanks to Uncle Sam and the Fed,
our market will likely surge higher today.
Most hot stocks will gap up,
but can they stay up the whole day?
The "expected" scenario is very obvious,
but how high and how far is the surge,
I am wary of it.
If you went into the market yesterday,
then enjoy the surge with a trailing stop.
If you wish to enter the market today,
please stick to a strict money management
aka cut loss level.
My trades will be with those near $1 or
$1+ stocks, but I be strict with the stops.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
our market will likely surge higher today.
Most hot stocks will gap up,
but can they stay up the whole day?
The "expected" scenario is very obvious,
but how high and how far is the surge,
I am wary of it.
If you went into the market yesterday,
then enjoy the surge with a trailing stop.
If you wish to enter the market today,
please stick to a strict money management
aka cut loss level.
My trades will be with those near $1 or
$1+ stocks, but I be strict with the stops.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
Tuesday, December 16, 2008
Market View 16 Dec 2008
If you went into those hot stocks that I traded
yesterday, you will not much profit, as most
of them opened high, and closed near the the
opening price too. So what will happen to them
today?
The "expected" scenario will be a weak opening,
followed by directionless movement as the
market awaits important decisions from
Uncle Sam. Any surprises?
In this type of market, it is Ok to stay on
the sideline, and wait for clearer signals.
Jesse Livermore said before that it is
the "Sitting" that made him money.
We don't need to trade everyday,
we just need to trade the high
wining percentage days.
For me, I will be focusing on my hot
stock list especially those near the
"magical" $1. If the market stages
a "unexpected" scenario, I will be happy
to join in the surge.
If you have Skype, and would like to chat with me about stocks
and all others,you can ring me at my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
yesterday, you will not much profit, as most
of them opened high, and closed near the the
opening price too. So what will happen to them
today?
The "expected" scenario will be a weak opening,
followed by directionless movement as the
market awaits important decisions from
Uncle Sam. Any surprises?
In this type of market, it is Ok to stay on
the sideline, and wait for clearer signals.
Jesse Livermore said before that it is
the "Sitting" that made him money.
We don't need to trade everyday,
we just need to trade the high
wining percentage days.
For me, I will be focusing on my hot
stock list especially those near the
"magical" $1. If the market stages
a "unexpected" scenario, I will be happy
to join in the surge.
If you have Skype, and would like to chat with me about stocks
and all others,you can ring me at my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
Monday, December 15, 2008
Market View 15 Dec 2008
I will be very straight-forward about this week's
trading. This week is exactly the type that big
fortunes or losses happen, and I will be wary
about any trade this week.
To me, last friday's redness is not red enough,
but it may be the best that I will get from
Mr Market. I am looking at the bull continuing
the charge, but the momentum may not be
enough for a followthrough, and any "bad" news
from Uncle Sam will have a drastic effect on
our market.
If you see that I am having difficulties looking
for directions in the market, or writing ironic
and contradicting statement today, you are right.
I don't know where the direction will go,
and I am not going to predict or forecast it.
I will have to watch as the market action unfold its
real intention, and just ride on and follow it, and
be mindful of any turning of the tides.
I will be staying put with my Hot stocks as they
will be a good indicators of the real market actions.
I believe the first 30 mins of today market start will be
a guideline to where and how the market will go today.
Let the actions begin!!
If you have Skype, and would like to chat with me about stocks
and all others,you can ring me at my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
trading. This week is exactly the type that big
fortunes or losses happen, and I will be wary
about any trade this week.
To me, last friday's redness is not red enough,
but it may be the best that I will get from
Mr Market. I am looking at the bull continuing
the charge, but the momentum may not be
enough for a followthrough, and any "bad" news
from Uncle Sam will have a drastic effect on
our market.
If you see that I am having difficulties looking
for directions in the market, or writing ironic
and contradicting statement today, you are right.
I don't know where the direction will go,
and I am not going to predict or forecast it.
I will have to watch as the market action unfold its
real intention, and just ride on and follow it, and
be mindful of any turning of the tides.
I will be staying put with my Hot stocks as they
will be a good indicators of the real market actions.
I believe the first 30 mins of today market start will be
a guideline to where and how the market will go today.
Let the actions begin!!
If you have Skype, and would like to chat with me about stocks
and all others,you can ring me at my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
水能载舟,亦能覆舟!
Subscribe to:
Posts (Atom)
Disclaimer:
Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.
Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.
I will not be responsible and liable for any losses incur from my views and recommendations in my blog.
Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.
Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.
I will not be responsible and liable for any losses incur from my views and recommendations in my blog.
Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.