Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Tuesday, December 22, 2009

Market View 22 December 2009

Look like we will have a Wall Street Santa Claus rally
this year, and maybe last till the new year!
Anyway, Dow rallied 85 points, s&p 500 added 12
points & Nasdaq close at a 15-month high up 26 points.
Window dressing may have started, and we will have
a better picture of the "power" of it in the next few trading
sessions. Ho....Ho....Ho.....

Ok, back to our own local shore.....
Interesting enough, a few members emailed me that
they have won profits with a few stocks yesterday,
and even hold it overnight till today. Good for them.
This is a holiday-shorten trading week, and maybe
some people are having a mentality of "too high to buy,
too low to sell" now, and they are staying out of the market
or simply have closed the book. That is totally acceptable
as they can enjoy the holiday and festive season mood
without any fear of losing money when trading, lest their
own stock holding already in CDP.

I will just keep a lookout of stocks in the bargain region
and grab it, and look for quick profits or else hold it for
a while when it is in the money.
For me, I am looking on Yingli, Ausgroup, YZJ, Sinotel,
Sinomem,Swiber, Ezion, Falcon & Mermaid, PEC, Epure (added)
& those sub-$1 stocks heading toward the "magical" mark

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