Market View 7 August 2009

Ok, US 3 major indices continued to fall
for the second day due to financial stocks'
weakness, which was mentioned yestetday in my blog,
with downside momentum continuing for days.
We have the once-giant AIG reporting earnings tonight.

For our local front, the traders' focus has certainly
rotated to pennies, and the energy and commodities
stocks. We saw how Falcon Energy (good name) soared even
higher, First Resources and IndoAgri continue produce
succulent returns, but the star yesterday must be
YZJ, once again above the magical mark $1.

I will highlight some pennies having great potential
to higher ground, and even heading pass the $1 mark
in the other blog http://stockreportsforyou.blogspot.com
When I trade pennies, it is not those
mini-micro 1ct, 5cts type, I prefer the more "expensive"
type. The mini-micro is that "cheap", because that is what
they are, I will stick to better ones.

If you have been following the blog long enough,
you will have certainly noticed that the stocks
within the 80-99.5cts have a great chance of being
pass the $1, and maybe even dropped down, and yet
try again days later, for multiple trading opportunities.
We saw Swiber and ASL Marine surged pass $1, but fall
back, on maybe Traders' Remorse? It is still heading
toward and passing the mark. Will YZJ fall down too?
Well..anything is possible when the selling begins
and accelerates.

The market (aka hot money) is always looking for
new and different to pump-up, and sell off, and
get to the next stock. It is the "Buy, Get others to
Buy, Sell...Buy, Get others to Buy, Sell... pattern
repeating itself all the time. It is a very common
game being played out everyday, and the game continues
until the music stops to reveal who is the last one
holding the baby. Anyhow, the game continues elsewhere...
That is why...ohhh..here we go again, Trailing Stop
is important, and equally so is Cut-loss level.

I am looking at a narrow range-bound day with a
cautious outlook. We have a IPO debut today, PEC,
and some focus will be on it since it is dealing
with the hot sector. By the way, do you know how to
trade IPO on debut and the next few days? There is
a trick to it...

Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid, Hi-P.

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

Market View 6 August 2009

Finally, Uncle Sam took a break, and all
3 major indices closed in the red after a
disappointing service sector report.
Will the downside momentum continues?
I believe it will, for a few days.
Tonight we will see Warner Music & US Cellular
reporting their earnings.

History repeat itself yesterday with the STI back
to last wednesday closing figure. If you recall
my blog posting last thursday, STI closed at 2604
just 2 point shy of Wednesday 4D first prize
number 2606. Yesterday, we closed at 2606. After one
week of trading, we are back to square one.
Interesting...

It was again a pool of red yesterday except for a few
greens like YZJ, Raffles Educations, and can I say this,
it is a much-welcomed scene. I specifically mentioned
in my blog yesterday, "It is quite refreshing to see a
pool of reds except for Yanlord yesterday. We need it, and
it likely we will get it for days.", and indeed we will
have it for days. Yes, I will still be cautious, but I will
also be on the lookout for green shoots to pound on.
I will be focusing on those 80-99.5cts, enough for the day.

Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid, Hi-P.

Some readers emailed me to comment that my watchlist is
getting bigger. Ok, yes, they have grew big, but they
are equally Hot, and are winner in their own rights,
and I just have to "watch over" them. Some brokerages'
stock screen can allow up tp 30 stocks in their watchlist,
so it will still fit in nicely. You can choose a few of the
list to focus on if you want.


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

Market View 5 August 2009

Ok, I will be short today as the trading day
is about to start very soon...

Uncle Sam continued to advance higher,
with the 3 major indices reversed from
early losses to close in the green.
The momentum and trend is still intact,
but one wonder for how long?
My bet is the candle is burning out soon...
We will have Cisco Systems and P&G announcing
their earnings tonight.

For our local market now...
It is quite refreshing to see a pool of reds
except for Yanlord yesterday. We need it, and
it likely we will get it for days.
I am still cautious today, and will focus on a few
stocks in particular. Swiber is once again below $1
after surging past it yesterday, I will focus on it.
Indoagri and First resources are looking to surge again.
The commodities stocks should be watched too although
they have moved up substantially.

I am adding Hi-P into my watchlist as it is the
only tech stock that I feel comfortable now.
Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid, Hi-P.

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

Market View 4 August 2009

Strong, strong Uncle Sam....
The 3 major indices all staged a wonderful
rally on Monday, with S&P 500 above 1000 points
since last November, Nasdaq above 2000 since
October, and Dow recored a triple-digit gain on
the first trading day of the month.
We have Electronic Arts, EA, and Kraft Foods
reporting their earning tonight. Most of the major
power-house had already given their earning report.

Our local market staged a late rally at about 4pm
yesterday after the US futures surged. One dealer
at Skype comment that the market is "crazy", and
staging yet another rally. Well...what can I say?
The market is immersed in a rampant optimism that
it will take a lot of negativities to derail its current
sentiment and trend. Yes, this trading euphoria will
eventually wither, and we will have a correction selldown,
but currently, the Bull is still running the show.

Many Hot stocks are still surging to the roof, and it
is spreading and rotating to those "Cold" stocks now.
I realised this occurances as I will do a scan of the
stocks everyday, and will pick up traces of stocks
with higher-than-usual volume, or moved like 20-30%
a day. We see stocks like NOL, Ezra (I specifically mentioned
yesterday), Falcon Energy , Noble, Swiber in the top volume
which was also recommended by me.
I was just discussing about NOL with a Skype friend last week,
and mentioned that it is ripe for a surge, and indeed it is.

I am still trading in this market now, but my transaction
size is definitely smaller. It is Ok for me as long as the stocks
still continue to move in my favour, as the profits will
add-up. A couple of Skype members asked me about
the currently-everyday top volume stock Golden Agri.
I gave the same answer, it is "cheap", and I prefer the
more "expensive" peer of IndoAgri and First Resources,
they move faster, are more volatile, and certainly are
better winners. And lastly, I don't follow Golden Agri (yet).

Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid.

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

Market View 3 August 2009

Another fresh trading day & week of the month,
how did everyone fare at the lat month's rally?
I believe many should be sitting on succulent
profits. Well done!

Dow recorded its best month since 2002, with
corporate results picking up its pace. We have some
important statistic coming out this week, and
it should be a crunch time to see whether the
indices can continue its momentum.

Back to local front...
I received a couple of emails asking whether
the market will have a V-shape or a W-shaped
recovery, and whether we will see another huge
correction back to "reasonable" & "realistic"
level, so that they can pick up the stocks again.
It is always so interesting to receive such emails,
just get them coming in.

Frankly, I have no preferrence to a V or W-shape
recovery, just as long as it is a O-shape market.
Haha..that is the market will always be open at each
trading day. A V-shape recovery will be a fast and furious
one, which I still see many retailers out of the
market yet. They have missed the first early boat which
I have been urging readers to take multiple times.
But the market will always correct down for them to board
again, that is, if they want to. A W-shape recovery
will see the market plunge to near former low, and
rebound yet again, which I seriously don't believe
will happen, the chances are quite low.

In a bull market, there will still be casualties,
and in a bear market, there are still traders laughing
all the way to the bank. It is not really about the
market, although most people clearly prefer a bull market,
but it is about how the individual views the market.
I have been recommendating the Hot stocks for trading
and investing since last year, and many should have
benefited if they take action, or else I am just
creating cyber-rubbish. If you are still waiting
for Noble, Straits Asia, Olam & Yanlord to fall to
below $1 again, then you can continue to wait and wait.....
It will only happen if there is a major meltdown for
the financial market again, or through their own
corporate scandal, which is a tiny possibility.

I am cautious now, and will take profits once the south
wind is blowing. Some stocks were still strong last friday,
like Ezra, Raffles Educations, I will focus on them
if they are green.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid.

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