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Friday, April 24, 2009

Market View 24 April 2009

We are at the last trading day of the week,
and it is turning up to be another good week
for Uncle Sam and our local market.
Although I feel that the markets should take
a well-deserved break, and retrace further,
Mr Market is thinking otherwise.
It is always the market leading the man, and
not the opposite, but as time goes by, the
chances of a eminent south wind increases.

I mentioned 2 stocks, IndoAgri and Goodpack,
in my other blog, and they are doing very well,
if you have noticed them. IndoAgri's surge maybe
due to the bullish report by a foreign research house,
but it has been up about 20% since my entry in the blog,
and well heading toward the $1 mark.

I added Goodpack in my blog yesterday when it closed
at 80cts on Wednesday, look at its closing on Thursday,
it is at an wonderful price of 87.5cts, with a day-high
of 89.5cts, but with a low volume.
No, I did not "cause" it to surge.
But as what I have mentioned before, stocks are
in the 80s region for reasons, and one of them is
to prepare for the surge to and pass the targeted
$1 mark, so keep a look-up for all these potential
$1-seekers in my the other blog.

I believe we will see a pretty quiet day, and it is
likely to be the same state for the whole day.
I am cautious today, and will only trade light on
those very Hot stocks, like IndoAgri.
Therefore, I will only be concentrating my bullets
on the Hot stocks: Ezra, Cosco, Straits Asia,Indo Agri, Noble,
NOL, Olam, SembMarine,Yanlord & Uniasia, Raffles Edu,
Midas, Swiber.
I still very much welcome any powerful forced-selling
and/orprofit-taking"exercises"being carried-up by
the Houses.
Come on! Show me what you got!

As usual, enter a position will 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

Thursday, April 23, 2009

Market View 23 April 2009

Ok, so Uncle Sam declined for consecutive days
after starting the day with sunshine, it ended with
a thunderstorm. The market is also "stressed"
about the coming "stress-test" result announcement.
Our market already pre-dropped
before this eminent decline, and we should see a
better day in today's trading.

Most of the Hot stocks, with the exception of
Indo Agri and Yanlord, fell hard yesterday, and
quite a handful had fallen to attractive price yet again.
Ezra is now at 92.5cts, ready for the next attempt
for the $1 hurdle. Cosco is now so near to the cliff
as it closed the session at 1.05, just steps away from
falling down, if it continues to slide further.

I believe that stocks will open weaker or neutral
on opening, but we are likely to see much better
closing as the trading day proceed, but I will still
be cautious today, as the possibility of sudden
strong south wind exists.

Therefore, I will be fighting light batter today,
concentrating on the Hot stocks: Ezra, Cosco, Straits Asia,
Indo Agri, Noble, NOL, Olam, SembMarine,Yanlord & Uniasia,
Raffles Edu, Midas, Swiber.
I still very much welcome any powerful forced-selling and/or
profit-taking"exercises"being carried-up by the Houses.
Show me what you got!

I received a few emails questioning me about the entry
of Uniasia in my watchlist. I have to say that this stock
is really embedded deeply in many's mind, and it seem
to spook them just by mentioning or hearing its name.
It is a highly speculative stock when it is "on-form",
but as long as you have strict money management aka
cut loss point together with trailing stops when you
are winning, you should be well.
Nevertheless, if you don't wish to, simply ignore and
discard Uniasia from your trading, it is just a causal
remark made by me yesterday.
To me, it is just another stock, but it got an dreadful
history, that's all.

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.: When you are "stressed" over trading matters,
office politics, etc, try flipping "stressed" and have
some "desserts", and I am sure you will feel much better
after the delightful break.

P.P.S: I have updated the near-$1 stocks in my another
blog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks heading toward $1.

Wednesday, April 22, 2009

Market View 22 April 2009

Uncle Sam closed on a high note in overnight
session, and our market pre-surged and have
already factored-in this anticpated green closing.
I don't foresee any big movement in today
trading session.

As expected in yesterday's blog, we indeed saw
a couple Hot stocks reversing from red and end-up
in neutral or green closing. I believe some readers
should have benefited from yesterday's volatile
session.

I certainly don't foresee any drastic and huge movement
in today's trading, but if Hang Seng or Nikkei decide to
lead the surge (plunge), and the US futures is as rosy (bleak)
as it can get, then we will just drag along and perform.
Otherwise, we shall have a quiet and peaceful trading day,
in that some Hot stocks will still in the play.

I will be adding 2 more stocks into my stock radar screen,
and they are Indo Agri and Uniasia. Indo Agri looks very
well heading toward the magical mark of $1 powerfully.
I added in this stock in my another blog when it crossed
the 80cts mark, and if you have noticed it, you may have
profited from its yesterday forceful surge.

I believe many readers will remember the Uniasia saga
in 2007 when it staged an incredible and monstrous rally
from 0.50+ to a high of $2.97 in a very short time, and the
drastic fall to the hard ground which left many retailers
high and dry with their high entry price, and launch a
complain to the SGX. I don't recall any official statement
from SGX about this saga, and like it always do,
the rest is history. (I stand to be corrected about the official
statement)

I noticed Uniasia had an exceptional volume and range
last week, and I have been tracking its progress and
have decided to add it into my close watch. It is not to say
it will perform the "colossal" surge again, but if and when
it happens, I will know since it is under my radar.

Therefore I will be concentrating on my Hot stocks: Ezra, Cosco,
Straits Asia, Indo Agri, Noble, NOL, Olam, SembMarine,
Yanlord & Uniasia, Raffles Edu, Midas, Swiber.
I still very much welcome any powerful forced-selling and/or
profit-taking"exercises"being carried-up by the Houses,
as the filtrationof weak holders need to be carried out.
Show me what you got!

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.: I have updated the near-$1 stocks in my anotherblog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks heading toward $1.

P.P.S: For the readers who are also in my report mailing list,
you can expect to receive an email from me today asap.
Sorry for the long break.

Tuesday, April 21, 2009

Market View 22 April 2009

I am late in posting today because my computer
staged a "revolution" just now, and was unable
to boot-up properly, but it is now "suppress" down.
:-)

OK, so Uncle Sam finally suffered a triple digit
losses in the 200s and very near to the losses
target discussed with one of my readers in
Skype. We got to work on it to achieve "that"
target. I am prepared for any onslaught as what
I mentioned yesterday, and this may actually
materialised.

Very obviously, stocks will open weak, but I just
got that tingling sound in my heart that some
stocks can still be green after the initial plunge.
But I will follow my head rather than my heart,
and will only step into the market when there
are really some greens popping up.
We are in the market to Win, and if the chances
are against us, we can choose to avoid it by not
going into the treacherous water.

For today, I am on the sideline watching the horror movie
and will go in when the sentiment is better on intra.
I will be concentrating on a couple of Hot stocks, but only
when they reverse: Ezra, Cosco, StraitsAsia, Noble, NOL,
Olam, SembMarine, Yanlord & Raffles Edu, Midas, Swiber.
I still welcome any powerful forced-selling and/or profit-taking
"exercises"being carried-up by the Houses, as the filtration
of weak holders need to be carried out.

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.: I have updated the near-$1 stocks in my anotherblog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks headingtoward $1.

Monday, April 20, 2009

Market View 20 April 2009

It is another new week of trading, and it is looking
to be an important week as we may see a turning
point happening. Uncle Sam was up for 6 weeks,
the longest winning streak since the 1930s, and
it is looking to be jaded in some stocks.
I certain don't believe that our market has
decoupled from Uncle Sam, and we will still feel
the overnight effect from any drastic action abroad,

A lot of reports are saying that Uncle Sam is
overbought, and should be heading to a decline
soon. I don't really believe in this "overbought"
and "oversold" BS theory, as a stock or index can
remain and stay in a overbought/sold territory
for a very long time before any decent correction
finally arrived. But it will still arrive, as it always do.

I am prepared for any onslaught correction, as I
only traded on contra and intra on a strict trailing
stop, and I am prepared to cut-loss if the sudden red
tide apppears, so if there is a big selling ahead, bring
it ON!

I just received a reports from Citi, and it is all
full of upgraded in our local stocks, the 3 banks are
raised to Buy, the property stocks are also raised to Buy,
and our dearest STI has been raised to 2400 as well.
Look like the correction is really coming......

For today, I will be concentrating on a couple of stocks
that are still green from the Hot stocks list: Ezra, Cosco,
StraitsAsia, Noble, NOL, Olam, SembMarine, Yanlord &
Raffles Edu, Midas,Swiber.
I welcome any forced-selling and/or profit-taking "exercises"
being carried-up by the Houses, as we have a few high-transaction
volume days last week, and if momentum and sentiment dried
up this week, then a horror movie may be on the pipeline.
Enjoy the surge, but be aware of south wind.

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.: I have updated the near-$1 stocks in my anotherblog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks headingtoward $1.

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.

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