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Friday, August 21, 2009

Market View 21 August 2009

Uncle Sam continues to move higher, and
the S&P 500 is above 1000 points again.
While the number of newly laid-off U.S. workers
filing claims for unemployment benefits rose
unexpectedly for the second straight week, the market
decided to surge on in view that the recession
has bottom-up, and a sunny weather is in sight.
I can only see dark thick cloud forming in the
US for now.....

On our local shore...
Last few day's of trading has been volatile, drastic, and
I believe for most readers, stressful but finanically rewarding.
We have come to the last trading day which I believe will
not be as rosy as yesterday. We may still start-off brightly,
but it is likely that the weather will change pretty soon.
We will see profit-taking arises from nowhere, and the Hot stocks
will lead the fall. I will trade light for today, and as usual, follow
the stops religiously. The stocks that I have mentioned can
still be focus and followed, but with a tight stop, as they were
up pretty well for this week.

Some readers asked me why was it that there were no
afternoon mid-day review yesterday. If there are some stocks
worth highlighting, or the market sentiment is changing,
then I will alert the readers, or else, I will try to rest my
eye, neck, shoulder for the period, and let my stomach do
the job. HaHa....

Yesterday blog posting received 2 comments, and they
are both much welcomed. The 2nd comment came from
Simon (from the email address), and he said that "Your evaluations
were indeed very reassuring and confidence boosting.
Appreciate very much if I could be in your mailing list too.
I think You are the most accurate analyst I've seen so far."
https://www.blogger.com/comment.g?blogID=7412460237366662615&postID=3247951184214796803
Thank you, Simon, for the encouraging words.
It really brighten up the day.
I am not an analyst. I am just a battle-hardened trader.
I have seen it all, but I am still a student infront by the
almighty Mr Market, as he can change-face very rapidly,
so I have adapt to survive in the financial jungle.
I hope my blog will provide a guide to better trading
for the readers, but as usual, the disclaimer applys. :-p

2 particular stocks caught my eye yesterday, and they
are Mermaid & CSE Global. They are in my close watch.
Trade those still Hot (Green) stocks but be very 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, PEC, CSE Global.

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

Thursday, August 20, 2009

Market View 20 August 2009

Interestingly, Wall Street recovered from
early losses to close up again. The 3 major indices
were each up about 0.7% led by strong gains
in the energy sector stocks. Seriously, I don't
like what I am seeing in the US for now, the rally
seems to be over-stretched, and we shall see
whether I was right about Mr Market in the coming days.

China benchmark Shanghai index dropped more
than 4%, and that triggered a panic selling when
we are back from the lunch break. I saw the index
dropped from -6 to -30 in just a few minutes, but
did you notice how the Hot stocks react?
Stocks are not created equal, so we can see that
some Hot stocks are still up after initial weakness,
while other plunge further down, and close bad.

Some members suggested to me that this type of
roller-coaster market action is really taking the
toil on them, as they will be stop-out from drastic
movements from stocks, and from market far away from
us in China, Hong Kong & US. To me, you really need
to enjoy such irrational and occasionally crazy
market actions. It is always the same pattern being
played out each and single time, only the stocks
are different. You have to adapt and embrace such
market action. "The Only Thing Constant is Change itself".

I am concentrating my focus on the 4 stocks heading
to $1: Genting, First Resources, YZJ & Swiber.
They have done it before, and they will do it again.
Together with them will be the commodities stocks
and offshore and oil counters. They have been the leaders
and will likely be played again.

Trade those still Hot (Green) stocks but be very 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, PEC, CSE Global.


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

P.S.: For the readers that are in my mailing list, I will be sending
"some" reports today. Watch for it.

Wednesday, August 19, 2009

Market View 19 August 2009

Ok, Uncle Sam is up again with gains
from the 3 major indices on better-than-expected
retail figures. Dow covered back 83 points
after losing 186 points on Monday.
It is looking to be an interesting week again....

STI and most of the Hot stocks were up yesterday,
with most stocks closing near the day-high this time.
One Skype member asked me yesterday why was STI up?
I reply with laughter, and did not gave much reply
after that. He then said that it was not good for
the heart because of the roller-coaster ride day-in-day-out.
I will be very filthy rich if I knew exactly
what is on Mr Market's mind on any particular day.
But I can predict (50-50), and then follow what
is the main action of the trading.

I started trading light a few stocks that I specifically
mentioned yesterday, "focusing on the commodities stocks
and the oil-related stocks", and add-on to them when it
was clear that it was going to be a all-green day.
That is how I trade. I test the market with light positons,
and if I am wrong, I will be out at the cut-loss level.
If I am right, I add-on to the positions, and ride the
stocks up high with a trailing stop, of course.
The add-on part of the trading is actually one of the gist
of trading and winning, but I notice that many retailers
do not practice it. So now, you have gain an advantage over
the rest of people who don't read this blog. :-p

Another gist of trading is money-management which
I have repeatedly mentioned in every blog entry.
A cut-loss is essential in preserving capital
and even confidence in trading, as many will take
a long time to mentally recover from a huge losses
which will cause turmoil to their life. When your stock
is moving in your direction, you set a trailing stop,
to protect your profits. You add-on stocks on its way up,
so that your profits will multiply, and you hold the winners
long until the south wind bring it to your trailing stop,
and you are out with a decent profits. So when to buy again?
That is another gist of trading that will be discuss next.....

I wonder how many readers actually gain from PEC's surge
last few days. I will continue to focus on the commodities
and oil-related stocks, and you saw it coming, those near-$1
stocks.
Trade those still Hot (Green) stocks but be very 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, PEC, CSE Global.


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


===========================================

Afternoon Mid-day Review

Hello Readers, have you all taken your lunch?
This morning trading was concentrated on a few
stocks only, and I was also stop-out in a few
positions.

Maybe some readers will wonder how come I
never recommend them stocks like Seroja, C2O
which are the big winner in the Top volume?
Normally, I will watch over the stocks for a
while, observe their movement habit, then I will
start to trade on them. Yes, they are in my watch,
as how can anyone miss them since they are so hot.
I will continue to watch them...until...

I will continue to stick to the greens, but I will
sell them if they reverse and hit my stops.
That is how I play the game.

Tuesday, August 18, 2009

Market View 18 August 2009

As expected, Uncle Sam's major 3 indices
fell sharply, as Dow recorded the worst
losses in the last 6 weeks. What is the
reason behind the selloff? If you like
political-correct answer, then it is the
worries for the consumer spending in the US,
the economy......

It was a pool of red for the STI and the
Hot stocks, as we pre-fall ahead of the
expected US selloff. This is a "genuine"
selloff as most Hot stocks closed at or within
a few bids of the day-low, and some stocks
even closed 7-9% down for the day. I specifically
state to be aware of a stormy weather this week,
and indeed we have it on the 1st day of the week.
I believe that the readers will be stop-out yesterday
if you are using trailing stops. It is Ok as you
should still have pretty decent profits for
last week's surges. For those who are still
holding to losers, then you really have to
pray more since you don't want to cut losses.

What do we expect to see in today's trading?
I believe we may see "green shoots" today, but
I will be cautious to trade them, as I need to
see a mini trend arising first, if you know what
I mean. Like what I told a reader at Skype yesterday,
it is the sitting tight that makes money, and not
my beliefs. Nevertheless, I will be particularly
focusing on the commodities stocks and the oil-related
stocks, as I believe they will be the leader if
there is any recovery today and beyond.
Not to forget those stocks heading toward the $1 mark.
You can simply choose to sit-out today if you
are uncomfortable to trade any stocks today.
Observe the stock action, and have a feel of the wind
direction, taste the wind for any wind reversal.

Trade those still Hot (Green) stocks but be very 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, PEC, CSE Global.


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


===========================================

Afternoon Mid-day Review

It has been an interesting trading day.
There are multiple trading opportunities
but I am only in small positions.
If you are wondering why Straits Asia surged
so high up, there are a few "reasons".
It announced that it has formally completed a
process for rezoning land use across South Kalimantan
with the Indonesian government. If you are looking
for a more "juicy" reason, ML initial coverage
on Straits Asia today with a Buy rating and $2.80 price
target. Macquarie also raised its target for Strait Asia
to $3 in its research report.

I am only looking for quick and swift profits
today on the commodities and oil stocks,
and will clear-out positions if the south wind
blow, and my stops got triggered.
I am not looking at a rosy afternoon trading
session, so the odds are, the selling will continues.

See you later...

Monday, August 17, 2009

Market View 17 August 2009

Another fresh trading week...
Uncle Sam was down last friday,
and it is looking to be gloomy
trading days this week. But if you
are with me for some time, you will know
that there will still be trading opportunities
available even in a pool of red sea.

PM Lee stated that "For the long term, we should be optimistic. No sunny days yet, but we can see some hope and some green shoots,".
I like this particular statement in his National Day Rally.

We should be seeing stormy weather this week,
as we really have a rosy weather for too long.
I welcome a change of weather, but will continue to seek trading opportunities amid a sea of chaos.I continue to like my Fantastic 5 (for the time being) but also watching the others. I like Falcon Energy's chart, and is waiting for yet another break to soar higher again.
I will be adding a mid-day market view during
the lunch break, so watch for it. It will be added to the end of the morning market view.

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, PEC, CSE Global.

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

===========================================

Afternoon Mid-day Review

A pool of reds in the Hot stocks is the main
attraction of the day, but somehow a few
green shoots can be seen spuring the life,
and it will be worth watching them for the
next 3 hours of trading.

We have IndoAgri in the green, First Resources
and Falcon Energy seeking to surge to the
green. I am on them, and will look forward to
better performance from them this afternoon.
Those 2 near $1 stocks that I specifically mentioned this morning are also looking well.
Keep them in focus..

Taking a break and ready for the next 3 hours
of trading...

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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