Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Thursday, July 2, 2009

Market View 2 July 2009

Uncle Sam closed in all green on the first day
of 2nd half and 3Q of 2009, but we will have
the important Job figure data today, and our
market will definitely take that into "consideration".

Yesterday, one remisier told me on Skype that the
business is poor, and the whole trading floor is
so dead quiet, and that is clearly shown in our
stock volume. Most stock's volume went down,
and to me, that is a sign of sigificant happening
appearing soon, and we will have plentiful of trading
opportunities soon.

Today will be a bearish bias day, and we may see
weakness setting in, and stocks will be in the red,
as we are expecting job data from Uncle Sam today.
If you want to trade, stick with the greens cautiously.
Have a trailing stop, and stick to it.

Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)
Hot stocks: Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,
Cosco,YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu,Swiber, Swissco.

Enter any position with 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

1 comment:

Diet and Nutrition Specialist said...

Hi S.Lobang,

Still remember me, Sean Lau, friend of Leo. Thanks for your bearish market tip today as I manage to short Parkway from 1.75 and cover back at 1.68 :-)

Rgds
Sean Lau

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