The same pattern is once again repeated in the US.
Dow started the day brightly up as high as 57 points
only to reverse to negative zone on a poor US
housing sales report to close down 41 points.
The same can be said of the Nasdaq and S&P 500.
Actually, the main concern in the market is how
will the economy and the market be like when
the Fed starts to withdrawing the stimulus support,
and let the market forces take its action.
To say the truth, our market is still quite resilient
to the fall in the US and only closed slightly down
in yesterday's trading. Many Hot stocks were down,
but those that I recommendated still carry on their
surges, like Ezion, Falcon...
If you have been in the market, you will notice that
another sector is also in the play from time to time,
and that is the Water Treatment or Environmental Friendly
sector. We can see stocks like Sinomem, Ecowise, United Envirotech,
Epure, China Enviroment, Asia Enviroment surging high.
If you still have enough mental power and not enough
profits, then you should add these stocks into the watch too.
Some readers may feel that my recent recommendation
are quite speculative and not like those I formerly recommended,
those Noble, Olam, Straits Asia type. Actually, you should also
note that my trading has become guerilla warfare as well.
I am quite bearish that a selldown storm is brewing and
should and will come soon, but I know that the market players
will still find stocks to pump-up, so I am joining them in
their "operation". The stocks that I mentioned is volatile,
and highly possible to have a pump-up very often, I believe
you can see that too.
The stocks that I mentioned on the O&M and Energy sectors
are still good for trading, together with the Water Treatment
stocks. They are the BB's favourite trading stocks, and so
will become mine as well, until they fell out of favour.
I also noticed a stock that has just started being in the limelight
and I am keeping a very close watch in case it stage an amazing
rally which its peer has done. Watch Financial One, its volume
and momentum has pick up, and what if it is the next Uniasia?
I believe if you are in the market for some time, you will
know about the incredible surge made by Uniasia, and you
may jolly well be in it and won big with it in its former surge!
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, September 25, 2009
Thursday, September 24, 2009
Market View 24 September 2009
Uncle Sam was in the red at market closing bell,
and all 3 major indices were down. Dow reversed
a positive 88 points to close down 81 points.
Nasdaq also did an U-turn from +21 to close -15.
What is the issue?
The concern is that the Fed is closer to pulling back
on extraordinary measures to inject funding to shore
up the economy. Simply, no money and no helps from
the Big Brother, and letting the market take its own
action.
I view this potential move as positive as the Mr Market
can finally show its prowess because of too many
stimulus in the market now.
Is yesterday 80 points fall the beginning of the selldown
that I was stating on Monday's blog posting?
Well, Rome wasn't built in a day, and the selldown
is not a result of some federal statements, it was built-up
for some times. It will come, but let see how is the action
for the rest for the last 2 trading day for this week.
Back to our local shore....
I believe that the blog readers should be satisfied with
our stock recommendations as a few of them are
very good winners yesterday. The focus and theme
play is on the O&M sector and Oil and Energy stocks.
We can see that a couple of them like VDH Energy,
Ezion, C2O Holdings, Ramba Energy, Seroja were
sizzling hot in the Top Volume yesterday. It seems that
stocks with the word "Energy" in it will have its day
in the rotational play. If you really looks at their fundamental,
it will really be an eye-opener. Some stocks are still losing money,
some are not really in the "Energy" business. But that is
the way how the market works. At the end of the day,
"Every dog has its day" still applys in the market.
Some of these stocks are getting "heavier" and "expensive"
on valuation and expectation, or I just say it out to all,
it is purely speculation and pump-up by the BBs and the players.
Ok, I admit that I was involve in the play, but I am just
a small player, and can't move them as much.
I just follow the Big plays, and nib some pieces of meat
here and there....
The obvious direction for today is down, so guess what I will
say for today's action? If you don't like what you see,
simply sit at the spectator stand and watch the show.
If you want to be in the action, then follow the greens.
The stocks that I mentioned are still hot, and I believe
they will recover from early weakness, and I won't be
surprise if they stage another pump-up.
But....set a trailing stop please.
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
and all 3 major indices were down. Dow reversed
a positive 88 points to close down 81 points.
Nasdaq also did an U-turn from +21 to close -15.
What is the issue?
The concern is that the Fed is closer to pulling back
on extraordinary measures to inject funding to shore
up the economy. Simply, no money and no helps from
the Big Brother, and letting the market take its own
action.
I view this potential move as positive as the Mr Market
can finally show its prowess because of too many
stimulus in the market now.
Is yesterday 80 points fall the beginning of the selldown
that I was stating on Monday's blog posting?
Well, Rome wasn't built in a day, and the selldown
is not a result of some federal statements, it was built-up
for some times. It will come, but let see how is the action
for the rest for the last 2 trading day for this week.
Back to our local shore....
I believe that the blog readers should be satisfied with
our stock recommendations as a few of them are
very good winners yesterday. The focus and theme
play is on the O&M sector and Oil and Energy stocks.
We can see that a couple of them like VDH Energy,
Ezion, C2O Holdings, Ramba Energy, Seroja were
sizzling hot in the Top Volume yesterday. It seems that
stocks with the word "Energy" in it will have its day
in the rotational play. If you really looks at their fundamental,
it will really be an eye-opener. Some stocks are still losing money,
some are not really in the "Energy" business. But that is
the way how the market works. At the end of the day,
"Every dog has its day" still applys in the market.
Some of these stocks are getting "heavier" and "expensive"
on valuation and expectation, or I just say it out to all,
it is purely speculation and pump-up by the BBs and the players.
Ok, I admit that I was involve in the play, but I am just
a small player, and can't move them as much.
I just follow the Big plays, and nib some pieces of meat
here and there....
The obvious direction for today is down, so guess what I will
say for today's action? If you don't like what you see,
simply sit at the spectator stand and watch the show.
If you want to be in the action, then follow the greens.
The stocks that I mentioned are still hot, and I believe
they will recover from early weakness, and I won't be
surprise if they stage another pump-up.
But....set a trailing stop please.
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
Wednesday, September 23, 2009
Market View 23 September 2009
Back to a normal trading day....
Ok, what do we have from Uncle Sam?
Nothing much actually, the market continues
its rally prospelled higher by the financials
despite a disappointing housing data.
The Federal meeting will also determine the
direction of the market today and beyond.
I still have a feeling the we are nearly at the
end of the road, unless I am proven wrong.
For our local front, yesterday main news was
that GIC selling off its Citi holding and made
a profits of 1.6 Billion along the way.
Do you wonder why did they sell at this time?
The official and politically-correct answer will be
GIC can now use the profits and the proceeds
to invest in other potential markets.
The truth is that I believe GIC don't believe that
the market will be as rosy further down the road,
and decide to bring the money home first.
Note that Citi has more than quadrupled since
early March, and you certainly don't expect it to
repeat such amazing feat again.
The same situation is also happening in our local
market. We have seen amazing run-up since
March, and I believe many should have already taken
profits, or have set a tight trailing stops, and will
dump once the situation is turning tide.
Nevertheless, I will still be trading the market on
fast pump-and-dump trades. You should know that
I like stocks in their 90s, and we can see that First Resources,
Midas, Swiber, Ascendas India Trust, Falcon Energy,
with CSE Global and Swissco warming up soon.
A surge to above $1 is highly possible in a quick pump,
and these are the type of trades that suits the nimble traders,
so trade with care.
If you are looking for a sector that will constantly be played
at anytime, and there will always have stocks from this sector
being push-up, then stick to the Marine & Offshore and Energy
sectors. We have stocks like Ausgroup, C2O Holdings, CSE,
Falcon, Mercator, Mermaid, Swissco, Swiber, Rotary, Ezra,
Ezion, TechOil & Gas.
Yes, I know that some of the stocks have risen up a lot recently,
and they are way past their fundamental value, but I am saying
stock trading now. They are the stocks for quick profits because
they are the Hot sector now, and they are volatile and the
momentum is still intact, but here we go again, have a trailing
stop really.
I have already clearly stated my trading stocks, and it is likely
I will stick to them for some time until a storm knock
me off the path.
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
Ok, what do we have from Uncle Sam?
Nothing much actually, the market continues
its rally prospelled higher by the financials
despite a disappointing housing data.
The Federal meeting will also determine the
direction of the market today and beyond.
I still have a feeling the we are nearly at the
end of the road, unless I am proven wrong.
For our local front, yesterday main news was
that GIC selling off its Citi holding and made
a profits of 1.6 Billion along the way.
Do you wonder why did they sell at this time?
The official and politically-correct answer will be
GIC can now use the profits and the proceeds
to invest in other potential markets.
The truth is that I believe GIC don't believe that
the market will be as rosy further down the road,
and decide to bring the money home first.
Note that Citi has more than quadrupled since
early March, and you certainly don't expect it to
repeat such amazing feat again.
The same situation is also happening in our local
market. We have seen amazing run-up since
March, and I believe many should have already taken
profits, or have set a tight trailing stops, and will
dump once the situation is turning tide.
Nevertheless, I will still be trading the market on
fast pump-and-dump trades. You should know that
I like stocks in their 90s, and we can see that First Resources,
Midas, Swiber, Ascendas India Trust, Falcon Energy,
with CSE Global and Swissco warming up soon.
A surge to above $1 is highly possible in a quick pump,
and these are the type of trades that suits the nimble traders,
so trade with care.
If you are looking for a sector that will constantly be played
at anytime, and there will always have stocks from this sector
being push-up, then stick to the Marine & Offshore and Energy
sectors. We have stocks like Ausgroup, C2O Holdings, CSE,
Falcon, Mercator, Mermaid, Swissco, Swiber, Rotary, Ezra,
Ezion, TechOil & Gas.
Yes, I know that some of the stocks have risen up a lot recently,
and they are way past their fundamental value, but I am saying
stock trading now. They are the stocks for quick profits because
they are the Hot sector now, and they are volatile and the
momentum is still intact, but here we go again, have a trailing
stop really.
I have already clearly stated my trading stocks, and it is likely
I will stick to them for some time until a storm knock
me off the path.
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
Tuesday, September 22, 2009
Market View 22 September 2009
Hello everyone, I am back!!
It is so great to be back in our beloved Singapore,
but not much for the ever-so-hot weather.
Haha...
The 3 weeks vacation break was a superb time
for me to get recharged and I am glad that I
took it even during the hot market period.
There will always be money-making opportunities
anytime, and you simply can't make all the money
in the world.
I was back during the weekend, and spent the last
2 days catching-up on many reports, and reading the
essential news, and most importantly, looking at the
as many charts to look for direction and momentum
in the market and stocks.
Sad to say, except for a couple of strong winners,
most of the Hot stocks are about the same range
3 weeks ago. And yes, like some people still keep
mentioning, the market is still Hot, but......
Based on my observations and personal view,
I am sticking my head out to say that I seriously
expect a major selldown to happen very soon.
How major and how soon?
I don't know, but from my charts reading and
analysis of the financial news and happening,
the storm is brewing, and it will hit the shore.
So am I saying that the blog readers should sell
all their stocks and hold on to cash now?
No, I am telling them to be prepared for an
imminent market action, which is very much
still my personal view.
So will I still be trading in the market and
stocks since I believe that the selldown is
coming?
Yes, why not?
But I will be fighting guerilla warfare with
the Hot stocks for now on. I will be participating
in any pump-and-dump actions by the "players",
and going for quick and prompt profits, and
gladly sell-off when the tide is turning or it
trigger my trailing stops.
Some people will say that I am just having sour-grape
now, and is talking the market down because I did
not make any money last 3 weeks.
Ok, I don't wish to argue or oppose to such people's view,
the market will show its true colours. I maybe wrong,
and at the moment, I am wrong, but what if I am right?
Anyway, it is just my personal observation and view.
All disclaimers apply.
How time flies.... I started my blog in 19th October
last year, and this blog will soon be one-year old.
It is still a very young blog in all senses, but I believe
it have help and benefited many readers, and I will
continue to do so, unless and until I am unable to
use the keyboard, or one fine day, my TA knowledge
suddenly disappear overnight! :-(
I started to push for many Hot stocks when they are
still very cheap, and for some, even when they are
below the $1 mark. Noble, Olam, NOL, Straits Asia
and Indoagri were once just pennies, look at where
they are standing now!
During my vacation break, I receive a very interesting
email from a blog reader. She is a current student in
one of the local university, and seek my help in completing
one project involving the US stock in that they
need to select stocks that will outperform or at least
match the real market performance in 8-weeks.
I tried my best even in vacation mode to assist her in
the project by giving her my 2-cents view. I told her to
select stocks from the Top Volume since she definitely
will need a volatile portfolio for this 8-week.
I also wrote "I will assume that the objective of the project is
not really to see how well is your chosen portfolio's performance after
8-week, and it isn't about TA or FA, it is all about how you
choose your stocks. You need to present the case that you
choose stocks over a diversity of sectors, and you are
spreading the risk across the stocks. If you choose all stocks
from the same sector, then you are either going to have the best result
or the worst result on market returns, but your lecturer will
not give you a good mark for such stocks selection.
Marks will be allocated to a well-diversified portfolio
in dealing with systematic risk or market risk and non-systematic risk.
You need to explain your selection criteria in this case.
Your textbook and reference books will have plenty of
academic-correct theories to justify your case.
The keyword in this case: Spreading of Risks."
My views was later confirm to be correct by the student,
so I shall see how was her portfolio performance after the 8-week is over.
I also observed that although I specifically stated that
I will be on vacation, and this blog will be shut down
during this period, the traffic at the blog is still strong.
Many readers are still coming to this blog at each trading
day, and it was shown in the traffic stats. Frankly, this blog
has about 250 readers each trading day, and at least a-third
still visit the blog everyday even when it is not open for business.
I thank you for your support. I know that as compared to
other trading blog, a "readership" of 250 is nothing,
but at least I know that there are readers out there who
believe and trust my market view, and it is for all
these readers that I will continue to post market view day-in-day-out.
If you have benefited from the blog yourself,
you can recommend to your friends and relatives,
so that they can also win $$ from Mr Market and
at the same time, be beware of any pitfalls ahead.
Just treat this blog as a niche trading blog but I certainly
hope that the "readership" will increase.
Give me any comments if you want, I welcome all
constructive and "destructive" view, regardless of whether
you agree with my views or oppose it. Simply shoot me?!
I will not be trading today, and will just look at the market
action from the spectator stand to have a feel of the
momentum once again. Because I am not trading today,
I won't be recommending stocks also.
I will be back tomorrow.....
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
It is so great to be back in our beloved Singapore,
but not much for the ever-so-hot weather.
Haha...
The 3 weeks vacation break was a superb time
for me to get recharged and I am glad that I
took it even during the hot market period.
There will always be money-making opportunities
anytime, and you simply can't make all the money
in the world.
I was back during the weekend, and spent the last
2 days catching-up on many reports, and reading the
essential news, and most importantly, looking at the
as many charts to look for direction and momentum
in the market and stocks.
Sad to say, except for a couple of strong winners,
most of the Hot stocks are about the same range
3 weeks ago. And yes, like some people still keep
mentioning, the market is still Hot, but......
Based on my observations and personal view,
I am sticking my head out to say that I seriously
expect a major selldown to happen very soon.
How major and how soon?
I don't know, but from my charts reading and
analysis of the financial news and happening,
the storm is brewing, and it will hit the shore.
So am I saying that the blog readers should sell
all their stocks and hold on to cash now?
No, I am telling them to be prepared for an
imminent market action, which is very much
still my personal view.
So will I still be trading in the market and
stocks since I believe that the selldown is
coming?
Yes, why not?
But I will be fighting guerilla warfare with
the Hot stocks for now on. I will be participating
in any pump-and-dump actions by the "players",
and going for quick and prompt profits, and
gladly sell-off when the tide is turning or it
trigger my trailing stops.
Some people will say that I am just having sour-grape
now, and is talking the market down because I did
not make any money last 3 weeks.
Ok, I don't wish to argue or oppose to such people's view,
the market will show its true colours. I maybe wrong,
and at the moment, I am wrong, but what if I am right?
Anyway, it is just my personal observation and view.
All disclaimers apply.
How time flies.... I started my blog in 19th October
last year, and this blog will soon be one-year old.
It is still a very young blog in all senses, but I believe
it have help and benefited many readers, and I will
continue to do so, unless and until I am unable to
use the keyboard, or one fine day, my TA knowledge
suddenly disappear overnight! :-(
I started to push for many Hot stocks when they are
still very cheap, and for some, even when they are
below the $1 mark. Noble, Olam, NOL, Straits Asia
and Indoagri were once just pennies, look at where
they are standing now!
During my vacation break, I receive a very interesting
email from a blog reader. She is a current student in
one of the local university, and seek my help in completing
one project involving the US stock in that they
need to select stocks that will outperform or at least
match the real market performance in 8-weeks.
I tried my best even in vacation mode to assist her in
the project by giving her my 2-cents view. I told her to
select stocks from the Top Volume since she definitely
will need a volatile portfolio for this 8-week.
I also wrote "I will assume that the objective of the project is
not really to see how well is your chosen portfolio's performance after
8-week, and it isn't about TA or FA, it is all about how you
choose your stocks. You need to present the case that you
choose stocks over a diversity of sectors, and you are
spreading the risk across the stocks. If you choose all stocks
from the same sector, then you are either going to have the best result
or the worst result on market returns, but your lecturer will
not give you a good mark for such stocks selection.
Marks will be allocated to a well-diversified portfolio
in dealing with systematic risk or market risk and non-systematic risk.
You need to explain your selection criteria in this case.
Your textbook and reference books will have plenty of
academic-correct theories to justify your case.
The keyword in this case: Spreading of Risks."
My views was later confirm to be correct by the student,
so I shall see how was her portfolio performance after the 8-week is over.
I also observed that although I specifically stated that
I will be on vacation, and this blog will be shut down
during this period, the traffic at the blog is still strong.
Many readers are still coming to this blog at each trading
day, and it was shown in the traffic stats. Frankly, this blog
has about 250 readers each trading day, and at least a-third
still visit the blog everyday even when it is not open for business.
I thank you for your support. I know that as compared to
other trading blog, a "readership" of 250 is nothing,
but at least I know that there are readers out there who
believe and trust my market view, and it is for all
these readers that I will continue to post market view day-in-day-out.
If you have benefited from the blog yourself,
you can recommend to your friends and relatives,
so that they can also win $$ from Mr Market and
at the same time, be beware of any pitfalls ahead.
Just treat this blog as a niche trading blog but I certainly
hope that the "readership" will increase.
Give me any comments if you want, I welcome all
constructive and "destructive" view, regardless of whether
you agree with my views or oppose it. Simply shoot me?!
I will not be trading today, and will just look at the market
action from the spectator stand to have a feel of the
momentum once again. Because I am not trading today,
I won't be recommending stocks also.
I will be back tomorrow.....
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
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