Ok, US market reversed early gains to close mixed.
Dow was up 82 point in early trading, but was sold down
in the afternoon, closing edged up by 3 points.
Both Nasdaq and S&P 500 ended the day in the red.
In the short term, I think we are likely to see further
weaknesses.
STI surged pass 2600 yesterday, and the mid-caps,
pennies, and the Hot stocks enjoyed the great session
and most closed at or near to day-high. A good performance
in the stocks that I specifically mentioned too.
I believe many readers should have benefited from it.
Few blogs ago, I mentioned that the "focusing on the
commodities stocks and the oil-related stocks" and they
will lead the market run-up, and indeed they have.
We have good winners in Falcon Energy, PEC, CSE Global, Mermaid,
and even Swissco staged a 15% surge to close up 9cts at 70cts
yesterday. My view is to continue to monitor and trade
them up. Follow their momentum play, and enjoy the good
profits.
For today's trading, the Hot stocks may take a breather,
but there will still be some Hot stocks continuing their
upside movement. You don't need to follow and track
a lot of stocks to win $$ from Mr Market, you just need
to follow the right stock. I have mentioned a few just now,
and also the 90s stocks that is heading toward $1.
Raffles Education announced full-year result yesterday,
and it will be in focus today, my view is watch the show
and only enter Raffles when the coast is clear.
Watch those stocks in 80-90s in their glory match to the $1 mark.
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: I will be on vacation from tomorrow till 18 September,
and I will be back in action and blog writing on 21 September.
Trade safely and profitably!
P.P.S: I will be sending out reseach reports to the mailing
list either today evening or tomorrow morning before
I board the plane. Watch for it.
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Tuesday, August 25, 2009
Monday, August 24, 2009
Market View 24 August 2009
Another trading week, but for a me, is a
shorten week, as I will be on vacation from
this wednesday, 26 August. Why am I willing
to leave the hot market now? Is it because I
feel that the market is going to slide down very soon?
No lah...I just need to refresh myself, so I take
a break loh. When I am back with energy and vitality,
then I can wrestle with Mr Market with more power. :-p
Ok, Dow surged to a nine-month high as Fed Chairman
Bernanke said that the US economy is on the verge of a
long-awaited recovery. Interesting statement, as the market
has already pre-empt the action long ago, so this isn't a
fresh news, just coming out from the horse mouth only.
No prize for guessing that the local market will surge and
gap-up on opening today morning, but the question is
will the fire last long enough till the ending point?
Last friday, we witnessed a weak afternoon session as
expected in my blog entry, but still I received Skype
message from members winning from the 2 stocks
that I specifically mentioned: CSE Global and Mermaid.
He won "reasonable" money with CSE Global and was out with small
loss with Mermaid, and asked me how I know the stock will
go up. I am no B(ig) B(oy) as what he suggested. I am just a
S(mall) L(ad) with stock lobang. Haha..
I just followed what the BBs are doing and playing, and
try to join in the fun, and pick up bits and mostly pieces
from the spoil. It has been quite successful. They should
be still in play, so set a stop and enjoy the surge-up.
Watch those 80-90s in their glory match to the $1 mark.
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.: Thank you Quincy for your good comment on this blog.
I hope that you have benefited much from it.
https://www.blogger.com/comment.g?blogID=7412460237366662615&postID=220438314272508174
===========================================
Afternoon Mid-day Review
A good trading morning from the first minute of the day.
As expected, CSE Global and Mermaid are still running wild,
with Mermaid up 7% and closed at 93cts at mid-day.
Good profits for those who went in.
PEC and Falcon Enery are also doing pretty well. Can they reach $1?
Anything is possible when the market is in a frenzy mood,
but one should still have a clear sense of what is happening.
Just have a stop ready, and ride it up.
The rest of my list are also doing well, and I believe most
readers should still be in the market, sitting on a succulent profits now.
Enjoy the wonderful gift from Mr Market, while at the same
time, observe his face to see if the mood is changing. :-)
Resting a while before the afternoon bell rings...
shorten week, as I will be on vacation from
this wednesday, 26 August. Why am I willing
to leave the hot market now? Is it because I
feel that the market is going to slide down very soon?
No lah...I just need to refresh myself, so I take
a break loh. When I am back with energy and vitality,
then I can wrestle with Mr Market with more power. :-p
Ok, Dow surged to a nine-month high as Fed Chairman
Bernanke said that the US economy is on the verge of a
long-awaited recovery. Interesting statement, as the market
has already pre-empt the action long ago, so this isn't a
fresh news, just coming out from the horse mouth only.
No prize for guessing that the local market will surge and
gap-up on opening today morning, but the question is
will the fire last long enough till the ending point?
Last friday, we witnessed a weak afternoon session as
expected in my blog entry, but still I received Skype
message from members winning from the 2 stocks
that I specifically mentioned: CSE Global and Mermaid.
He won "reasonable" money with CSE Global and was out with small
loss with Mermaid, and asked me how I know the stock will
go up. I am no B(ig) B(oy) as what he suggested. I am just a
S(mall) L(ad) with stock lobang. Haha..
I just followed what the BBs are doing and playing, and
try to join in the fun, and pick up bits and mostly pieces
from the spoil. It has been quite successful. They should
be still in play, so set a stop and enjoy the surge-up.
Watch those 80-90s in their glory match to the $1 mark.
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.: Thank you Quincy for your good comment on this blog.
I hope that you have benefited much from it.
https://www.blogger.com/comment.g?blogID=7412460237366662615&postID=220438314272508174
===========================================
Afternoon Mid-day Review
A good trading morning from the first minute of the day.
As expected, CSE Global and Mermaid are still running wild,
with Mermaid up 7% and closed at 93cts at mid-day.
Good profits for those who went in.
PEC and Falcon Enery are also doing pretty well. Can they reach $1?
Anything is possible when the market is in a frenzy mood,
but one should still have a clear sense of what is happening.
Just have a stop ready, and ride it up.
The rest of my list are also doing well, and I believe most
readers should still be in the market, sitting on a succulent profits now.
Enjoy the wonderful gift from Mr Market, while at the same
time, observe his face to see if the mood is changing. :-)
Resting a while before the afternoon bell rings...
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