Market View 3 April 2009

Haha, few days ago I can see that you guys'
smiles because of the winning gains from the
Hot stocks, but today I can only see your teeth
and not the eyes, get it?

I closed out all positions before the afternoon break
yesterday as I have to settle some issues outside,
so I missed out on the continual surges in the afterooon
session, but it has been a good ride of the trading
wave, and I have no complains.

I believe that many should have mounting profit
gains from a couple of good trades of winners with
more than 20cts gain, and some may still be holding
on the winners with a trailing stops. I congrats you
for doing and following a good trading practice,
"Let the winners run, and cut the losers short".

Profit-taking will set-in today's opening, and I will
be cautious trading today both for the fact that
it is the last trading day of the week, and I
clearly see a consolidation in the pipe-line
before any stronger and lasting surge will continue.

I heard from a broker from Skype that about 99%
of clients believe that the market will pull-back,
and the surge will not last. Some clients are even
not willing to go into the market yet.
Frankly speaking, it is a common knowledge that
the retailers are always the last to go into the market,
and if they "suddenly" realise that they are late for
the market rally, they will simply rush in, and just in time
for the "Sharks or the Crocodiles" to provide them with
all stocks they need.

Yes, we may have seen the bottom already, which I kept
mentioning since last year time and time. I kept telling
people to buy quality blues and Hot stocks, and just
have a stop-loss point, and you should be safe.
I wonder how many have heed my advices, and they
should be well-rewarded now.
No, we are still not clearly out of the woods yet, but
I believe I can see the lights at the end in the coming
near future.

It is interesting to note that at such a "bullish"
market sentiment that the foreign brokerages'
research reports are "upgrading" stocks either
in the target price or the stock rating.
Midas, STX, NOL, Golden Agri and a couple more
just got upgraded, and I believe we will see more
"upgrades" from the brokerage houses.
Do you get what I mean?

At the current stage, I will still be playing on the Hot
stocks like Noble, NOL, Olam, SembMarine, Straits Asia,
Raffles Educations, Cosco & Yanlord.They are in action
everyday, and you just can't miss any range or volatility
play with them. I am turning cautious with them,
and seriously, I don't mind seeing them in red, but I will
continue with those still in strength and momentum green.

If you notice from my Hot stocks, they are the bigger
winners from the mid-caps and the pennies
stocks. SembMarine is a >$2 stock again, many 80-90cts stocks
have went up pass the $1 mark, and is determined to
stay up. Now, only Straits Asia and Cosco are still below
the magical $1 mark, which I believe they can achieve
in the near future.

As usual, enter a position will a Trailing Stop,
and Please practice strict 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

Market View 2 April 2009

Ok, it seems that the market has no wish
of going down, and it is very resilient
to any onslaught in recent sessions, so what
can we expect today?

Market is expected to open high, but I see
profit-taking setting in at first, before the
supporters will come in to snap-up on weakness.
But I believe the closing will be weaker,
and it is likely we will see reds or way-off-day-high
by then.
That is also what I will be doing today.

I don't know when this momentum will end, but it
is getting tired and we need a consolidation before
staging another surge.
For the time being, I will still be playing on the
Hot stocks like Noble, NOL, Olam, SembMarine,
Straits Asia, Raffles Educations, Cosco,& Yanlord.
They are in action everyday, and you just can't miss
any range or volatility play with them.

As usual, enter a position will a Trailing Stop,
and Please practice strict 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

Market View 01 April 2009

Ok, I can see the smile on your face!
I believe many readers should have an
wonderfully great trading session yesterday,
and the profits should be mounting for some,
from what I received in an email.

Seriously, I told another trader from Skype
that I hope for another triple digit losses from
Uncle Sam, but that's not to be.
With STI closed at a beautiful 1699.99, only
a whisker away from mounting pass the 1700
mark, and today being April Fool's day,
who will end up to be the fool today?

We are very likely to see profit-taking at
the opening bell, but watch for Hot stocks that defy
gravity and is still green, and there should be a
couple of them.
I am still very much focusing on Hot stocks like Noble, NOL,
Olam, SembMarine, Straits Asia, Raffles Educations, Cosco,
& Yanlord. Watch out for them.
I am not launching a full-scale attack today, as I
am turning cautious after the good gains yesterday.
I will only enter when I see that the "supporters" are still
coming in to support the Hot stocks, and I also know
that there will be "Bigger Fool" behind me willing to
pick up the tab. I did covered on what is behind
"Bigger Fool" in past blog views, if you can remember.
If you are still curious about the "Bigger Fool", try
searching "Bigger (or Greater) Fool Theory"
in Google or Yahoo.

As usual, enter a position will a Trailing Stop,
and Please practice strict 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

Market View 31 March 2009

Ok, so Uncle Sam delivered a large triple
digit losses overnight, will our market still
have a good window-dressing session today?

We are very likely to see a weaker opening,
but the support will arrive promptly too,
as buyers taking this great opportunity
to re-load the good stocks that has been
sold-down.

There is a popular market rule stating,
"Don't fall in love with a stock". My personal view
is that it is an outdated general statement,
and to me, it should be "Don't fall in love
with the wrong stocks"
If you are "in love" with some stocks,
and it is those hot stocks in my case,
then befriend with them, and know their
pattern and behaviour, and you can trade and
invest in them safely and confidently.

I will be focusing on Noble, NOL, Olam, SembMarine
today, with Straits Asia, Raffles, Cosco, Yanlord
also in my radar. They should do well today to give
me a welcome-back celebration.

If you missed the past week's surge like me, it is
Ok, as you will see the same volatility and
price action this week. US market will be
jumping up and down, and our market will
just follow-suit, but the pennies and the
mid-caps will have their own supporters
and will surprise many with their actions.

As usual, enter a position will a Trailing Stop,
and Please practice strict 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

P.S.: There is yet another even more popular
general statement, "Money is the root of all
Evil." The more-correct version should be
"Lack of Money is the Root of all Evil" well-said
by George Benard Shaw.

Back from "Retreat"!

Hi Readers of my blog,

I just came back from "retreat"
in the early morning, so I won't be
"participating" in any stock action,
and will continue to provide my
daily market view tomorrow.

Stay tuned for it.