Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Wednesday, December 23, 2009

Market View 23 December 2009

Santa Claus rally continues....
Wall Street is in a festive and jovial mood with the
S& P 500 closing with a new 14-month high of 1118
up 4 points, Dow added 51, and Nasdaq closed at a
15-month high of 2253 up 15 points. Look like the techs
may be the likely superstar next year again....finally....
Good home data triggered the major indices' surges
and it is a good sign that it will continue its momentum
pass Christmas and to the end of the year.

Our market also staged a good strong rally yesterday
and closed on a high note. Look like the sign is quite obvious.
Too bad that the strong move was only shown in a number
of pennies, but it is also good enough for decent profits, and
the best part is that, they are also in my list.

I believe that the festive and window-dressing move will
continues to be the way of the market, and I will gladly
follow the winners in this last leg of the market surge this year.
Not all pennies will move, but just take note of the winners
stocks that I kept mentioning. They are winners for some reasons
that you and me don't need to know entirely, but from their
strength and chart, they will be moving higher and will also
be the main attraction next year too.

I am looking on Yingli, Ausgroup, YZJ, Sinotel, Sinomem,
Swiber, Ezion, Falcon & Mermaid, PEC, Epure &
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