Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Monday, May 18, 2009

Market View 18 May 2009

Fresh new week.
Fresh new game.
Fresh new trading opportunities!

We had had a great wonderful surge for about
2 months, so how long will our correction resting
be? Frankly, it doesn't matters how long it
will be, as trading opportunities will
still present themselves, and you just have to
grab it.

Amid the big pool of red flowers, there will be some
"green shoots, and you just have follow them.
If you are comfortable, then save up the bullet
and wait for a confirmation signal later.

It is looking to be another profit-taking session,
and it is just a much-needed one, so sell all you can,
you Big Funds, Institutions...
I will watch from sideline, and enter when the
tide is turning, which will definitely come.
I don't believe that the latest surge is just a one-off
event, we will have plentiful of money-making opportunities
ahead. Don't worry, as long as you have trailing stops
in place, you have nothing to be concerned about.
I only worry for those who don't have stops,
and like to pray for miracles to happen, I wonder
what are the chances of such "appearance".

I will be watching for opportune entry into some Hot stocks
but it will be light and cautious.
Therefore, Follow the Flow, but expect theUnexpected.
Concentrate on the GREEN (when available)Hot stocks: Ezra,
KS Tech, Cosco, YZJ, Straits Asia, Indo Agri, Noble, NOL, Olam,
SembMarine,Yanlord & Uniasia,Raffles Edu, Midas,Swiber,
Swissco.

As usual, enter a position will a Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

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 !!

市场生存座右铭: 风林火山

No comments:

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.

Chat with me