This morning, I woke up to a much-welcomed
red bloody closing from Uncle Sam. Major indices
all fell near to 3% due to "worse-than-expected"
job unemployment data since 1983. Like what I said
in my earlier postings, I like surprises, maybe not the
real-life type, but I certainly welcome financial market
surprises. I hope to see more of such "worse", "negative"
wording in the coming results reporting season.
Now that we have a surprise, and Uncle Sam is
certainly reacting normal to it, but will our
local market stage an abnormal reaction, and maybe
even closing in the green. It is always about how the market
react to a certain news, and never really about the news
itself. You can have so-called "bad" news, but green indices
and stocks, and vice versa, but do you know how to trade
in such circumstances?
Our market reversed early gains and closed in the red,
tracking an imminent bad trading day ahead in the US,
but the fall is definitely lower than the degree of fall in
the US. Yes, we will surely open in the red today, and
may even see a gap-down in a couple of stocks, but if you
ask me whether we will see a full-day drop, my answer
is a positively No.
Once again, I don't foresee stocks closing in day-low,
yes, we will fall, but will climb back up during
the day. It has been proven that whenever the Hot stocks
have dropped to a certain degree, supporting hand will
inevitably appeared, and sustain the fall. Will we see the same
thing again? I believe we will. They are still people out there
who believe that they have missed the early boat, and will
rush in when they see a market weakness and selloff, and
we also have the "insider" that will uphold the market to their
advantage in their portfolio positions. I certainly welcome
my view being proven wrong, and that will mean a
bloodbath today.
I certainly hope that my posting yesterday about a
bearish bias trading day, and stocks will be in the red,
have "saved" the readers from incurring losses if they
were to trade yesterday. I read from the blog comment
from a Skype trading friend, Sean, that he even take full
advantage of my posting, and made a 7cts profit shorting
Parkway Holdings down. What else can I say?
Good job, Sean!
Today's trading is very easy. Stay on the sideline and watch
the horror movie unfold. Very relax? No, you also need to watch
for green shoots popping up, and these are the stocks in focus
should you really want to trade today.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Enter any position with 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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, July 3, 2009
Thursday, July 2, 2009
Market View 2 July 2009
Uncle Sam closed in all green on the first day
of 2nd half and 3Q of 2009, but we will have
the important Job figure data today, and our
market will definitely take that into "consideration".
Yesterday, one remisier told me on Skype that the
business is poor, and the whole trading floor is
so dead quiet, and that is clearly shown in our
stock volume. Most stock's volume went down,
and to me, that is a sign of sigificant happening
appearing soon, and we will have plentiful of trading
opportunities soon.
Today will be a bearish bias day, and we may see
weakness setting in, and stocks will be in the red,
as we are expecting job data from Uncle Sam today.
If you want to trade, stick with the greens cautiously.
Have a trailing stop, and stick to it.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Enter any position with 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
of 2nd half and 3Q of 2009, but we will have
the important Job figure data today, and our
market will definitely take that into "consideration".
Yesterday, one remisier told me on Skype that the
business is poor, and the whole trading floor is
so dead quiet, and that is clearly shown in our
stock volume. Most stock's volume went down,
and to me, that is a sign of sigificant happening
appearing soon, and we will have plentiful of trading
opportunities soon.
Today will be a bearish bias day, and we may see
weakness setting in, and stocks will be in the red,
as we are expecting job data from Uncle Sam today.
If you want to trade, stick with the greens cautiously.
Have a trailing stop, and stick to it.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Enter any position with 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
Wednesday, July 1, 2009
Market View 1 July 2009
Ok, Uncle Sam slided down with 3 major index
closing in the red on the last day of Q2.
If you read the news, "they" will tell you it is due
to worse-than-expected consumer confidence reading.
Ya, I "believe" you.
If you ask me, it is just profit-taking, and the consumer
confidence reading just provided a good fundamental
reason for the sell-off.
Our local STI still managed to close in the green yesterday,
but I can't say the same for the other stocks.
If you have read my blog yesterday, I said "On this last day
of June, we just may doa good last-minute STI dress-up party.
I can't say the same for the Hot stocks, they should be under
pressure, and will not be moving as strong as the index stocks."
My view turned out to be exactly what happened yesterday,
and the readers should have taken the money out before
the selldown began.
STI has rebounded about 60% from March's lowest point,
and if you have been putting money into the stocks for
investment purpose, you are sitting on the respectable
profit now. But if you have been putting money into the
Hot stocks that I kept mentioning, you should have
"indecent" profits of well over 100%, with big winners
in stocks like Olam, Yanlord, Noble, Straits Asia, even
Cosco and Ezra.
Now that we are in the 2nd half of the year, what can we
expect from this next 6 month of trading?
I see volatile but lucrative trading ahead, and we should see
some stocks got push pass the $1, and they are Midas, Swiber,
YangZiJiang, with the dark horse like Genting, Ezion & Ascendas India
Trust. Can they achieve it in 6 months? We shall see...I believe they can.
The rest of the Hot stocks may see a correction of 5-15% along the
way, but it is much-needed and welcomed by me, as they
will once again be the focus once it has dropped to critical support
level. I will be opening both hand to embrace them again.
If you want to ask me about the Property stocks, stick to those
that is not yet $1, and within the 80cts-$1, my favourite range.
I don't like them fundamentally now, but a couple of them
will still be push ahead of any clear fundamental signal is out.
We should have the Q2 corporate result announcements soon,
and I hope to see major surprises, whether it is on the upside
or downside, but with bias on the downside. It is with this type
of surprises that major trading opportunities arise, and
the market need them now. I hope to see more "worse-than-expected",
"better-than-expected", "negative", "positive" appearing
in the result announcement reporting, and lesser "within expectation",
"on par". Give me all the major (negative, worse) surprises!!
Ok, for today trading, stocks will open on the downside, and
will continue to slide until hitting a support level. I certainly
don't foresee them closing at the low. Keep a watchful of the
major market leaders, and they should provide a clue to
how our market will end the day.
I am still quite bullish on the commodities stocks, and will
watch for them today.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Enter any position with 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
closing in the red on the last day of Q2.
If you read the news, "they" will tell you it is due
to worse-than-expected consumer confidence reading.
Ya, I "believe" you.
If you ask me, it is just profit-taking, and the consumer
confidence reading just provided a good fundamental
reason for the sell-off.
Our local STI still managed to close in the green yesterday,
but I can't say the same for the other stocks.
If you have read my blog yesterday, I said "On this last day
of June, we just may doa good last-minute STI dress-up party.
I can't say the same for the Hot stocks, they should be under
pressure, and will not be moving as strong as the index stocks."
My view turned out to be exactly what happened yesterday,
and the readers should have taken the money out before
the selldown began.
STI has rebounded about 60% from March's lowest point,
and if you have been putting money into the stocks for
investment purpose, you are sitting on the respectable
profit now. But if you have been putting money into the
Hot stocks that I kept mentioning, you should have
"indecent" profits of well over 100%, with big winners
in stocks like Olam, Yanlord, Noble, Straits Asia, even
Cosco and Ezra.
Now that we are in the 2nd half of the year, what can we
expect from this next 6 month of trading?
I see volatile but lucrative trading ahead, and we should see
some stocks got push pass the $1, and they are Midas, Swiber,
YangZiJiang, with the dark horse like Genting, Ezion & Ascendas India
Trust. Can they achieve it in 6 months? We shall see...I believe they can.
The rest of the Hot stocks may see a correction of 5-15% along the
way, but it is much-needed and welcomed by me, as they
will once again be the focus once it has dropped to critical support
level. I will be opening both hand to embrace them again.
If you want to ask me about the Property stocks, stick to those
that is not yet $1, and within the 80cts-$1, my favourite range.
I don't like them fundamentally now, but a couple of them
will still be push ahead of any clear fundamental signal is out.
We should have the Q2 corporate result announcements soon,
and I hope to see major surprises, whether it is on the upside
or downside, but with bias on the downside. It is with this type
of surprises that major trading opportunities arise, and
the market need them now. I hope to see more "worse-than-expected",
"better-than-expected", "negative", "positive" appearing
in the result announcement reporting, and lesser "within expectation",
"on par". Give me all the major (negative, worse) surprises!!
Ok, for today trading, stocks will open on the downside, and
will continue to slide until hitting a support level. I certainly
don't foresee them closing at the low. Keep a watchful of the
major market leaders, and they should provide a clue to
how our market will end the day.
I am still quite bullish on the commodities stocks, and will
watch for them today.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Enter any position with 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
Tuesday, June 30, 2009
Market View 30 June 2009
Look like Uncle Sam is doing a good job
in the Q2 window-dressing, with Dow up 90.99,
and the rest of the index also up.
On this last day of June, we just may do
a good last-minute STI dress-up party.
I can't say the same for the Hot stocks, they
should be under pressure, and will not be
moving as strong as the index stocks.
Nevertheless, there are still a couple of stocks
worth tracking for today.
The commodity stocks will be a target today,
and together with Ezra, Ezion, Swiber & Cosco,
should present potential trading winners.
Just have a feel of where the wind is blowing
today.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Yes, the same stocks, but they are good trading winners.
Enter any position with 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
in the Q2 window-dressing, with Dow up 90.99,
and the rest of the index also up.
On this last day of June, we just may do
a good last-minute STI dress-up party.
I can't say the same for the Hot stocks, they
should be under pressure, and will not be
moving as strong as the index stocks.
Nevertheless, there are still a couple of stocks
worth tracking for today.
The commodity stocks will be a target today,
and together with Ezra, Ezion, Swiber & Cosco,
should present potential trading winners.
Just have a feel of where the wind is blowing
today.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Yes, the same stocks, but they are good trading winners.
Enter any position with 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
Monday, June 29, 2009
Market View 29 June 2009
Ok, so June only has 2 days left, and very soon,
we will be in July, when we will see companies
reporting season starts again. This last 2 days
of trading will be volatile and fierce from what
I gather from the chart and sentiment.
Stocks will be in tight range, and may reverse
as soon as the trading "objective" of the institutions
or funds are reached, so be wary of the pump-and-dump
strategy being used again and again.
Stocks should open little change from last friday
opening, and will try to find a clear-cut direction
before settling to tight range-bound movement.
We have a handful of vital data like Job figure
from Uncle Sam this week, and that will likely
determine the sentiment and direction for this week.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Today is not a day to show-hand, as the situation can reverse as fast.
Enter any position with 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
we will be in July, when we will see companies
reporting season starts again. This last 2 days
of trading will be volatile and fierce from what
I gather from the chart and sentiment.
Stocks will be in tight range, and may reverse
as soon as the trading "objective" of the institutions
or funds are reached, so be wary of the pump-and-dump
strategy being used again and again.
Stocks should open little change from last friday
opening, and will try to find a clear-cut direction
before settling to tight range-bound movement.
We have a handful of vital data like Job figure
from Uncle Sam this week, and that will likely
determine the sentiment and direction for this week.
Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be 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.
Today is not a day to show-hand, as the situation can reverse as fast.
Enter any position with 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
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