Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Tuesday, August 11, 2009

Market View 11 August 2009

This posting was late because when I tried to
complete publishing the post just now, Blogger
crashed on me, and all that I have written
are gone, not even in the Draft. I have to write
another one based on my memory of what I have
written.
=====================================================

Ok, We are back to market action after a
long-weekend, and we should have a pretty
interesting week ahead. We have the Federal Reserve
issuing statement on interest rates and the economy.
It will have a great impact on Uncle Sam's 3 major
indices, and it will flow through to markets all
over the world.

Back to our beloved nation..
I believe that the Hot stocks may be
green in the morning, but I believe profit-taking
and sell-off will take place and the most Hot stocks
will close in the red. I will be cautiously trading
today. Since there is a new ipo, PEC, on board now,
I will be trading it as well, as I know the trick
to trading ipos, at least for the first month of debut.

Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.

Enter any position with a Cut-loss level & 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