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Friday, October 30, 2009

Market View 30 October 2009

Wall Street is back on the green on the news that
U.S. economy grew at an better-than-expected 3.5%
in the third quarter. Dow was up 200 points on closing
bell at 9962, a mere 38 points to the 10000 mark again.
Nasdaq and S&P 500 were also surging through
the roof. I am looking forward to the momentum to continue
tonight, and a good trading day.

STI was down yesterday, but I don't really care much about
it. My main concerns are the stocks that I am trading,
and they are doing pretty well. I specifically stated in my
blog yesterday to look at O&M sector, as the news that
C2O acquiring Swissco should have a great impact within
the sector, and we were rewarded with stocks that surge
high after suffering early losses. Ausgroup, Ezion, Falcon,
Mermaid, Seroja & Ramba was in my recommendations,
and the readers who dared to buy them during the
Great Halloween Sales should have been rewarded.

Yesterday, 3 readers skyped me to ask for my stock
view and direction. I told them to buy, that was in the
morning, when I asked them in the afternoon,
only 1 reader took the plunge. Sometimes, you really
need to differentiate when is a bargain and when is
the real correction.

Many stocks will gap-up today, as usual, and if you decide
to chase up the stocks, better have a stop ready.
But if you have already bought the stocks yesterday,
then enjoy the surge, and if you are really in the game,
you should add-up to greater profits, since you are already
in the money. I still have to keep saying that, it is still
essential to have a stop ready for any mood-change from
Mr Market.

The O&M sector stocks should still be boosted and
well-supported, but I will look at the water-treatment
and the alway-hot stocks, like Sinotel, F1, AFP.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res,
Li Heng,Mermaid, Raffles Education, Sinomem, Swiber,
United Enviro,Uniasia, YZJ, Yingli & Pan Hong, Sinotel.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba,
Seroja, C2O, AFP, China Enviroment, Asia Enviroment

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, October 29, 2009

Market View 29 October 2009

Wall Street is once again in the red, with Dow
down 120 points to close at 9762, and Nasdaq
& S&P 500 continued a 4-day losing streak
to close lower. The weak housing data triggered
the concern of the pace of the economic recovery.
We will have the first estimate of third-quarter GDP
tonight, and we shall see how the market react to it.
ExxonMobile, Motorola & P&G will be reporting
their result tonight, so worth taking a look.

Our market were also in a pool red yesterday, with
just a handful of greens showing up. What is my view
with all these decline in the US and local market?
I certainly don't see it as a severe correction for sure.
It is a much-needed and required profit-taking, and
risk-reassesment time for the market players.
I take this to be a Halloween market sales, and yes,
I am enjoying all these "festive" scary sessions, and
taking my time in picking up good bargains that have
been forsaken by panic and clueless retailers.

Like what I always said, if you are really not comfortable
with what you see in the market, you can sit on the
sideline and watch the horror movie as it turn-out.
Or else, you can join in the action to fight your way through
and step on the blooody ground.
Ohh...Ohh....I must have watch too many war movies. :-p
Anyway, enter the market within your comfort level.
Get out if you must, and set a stop when you enter.

I am sure that most readers should know the news that
C20 is trying to acquire Swissco, it should have a
positive with the sector so keep a watchful eye.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Raffles Education, Sinomem, Swiber, United Enviro,
Uniasia, YZJ, Yingli & Pan Hong, Sinotel.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba,
Seroja, C2O, AFP, China Enviroment, Asia Enviroment

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, October 28, 2009

Market View 28 October 2009

Another profit-taking session on Wall Street,
with Dow gained marginally, while Nasdaq &
S&P 500 slided down. The weak consumer
confidence figure outweighed positive housing
data and triggered off the profit-taking.
It will be interesting to see whether the Nasdaq
and S&P 500 can rebound after a straight 3 days
of losses, and I just feel it will be this case.

It was yet another boring bloody trading session
yesterday, with the attentions on a few "hotter"
stocks, while the rest of the pennies were in the
red from the starting bell. But most of pennies
ended the day firmer, and were off the day-low
for most of the day. This is a good sign.

If there are any further selloffs today, then
it will be a happy situation for the supporting hands
as they can grab up bargains yet again.
I don't see a severe correction coming, but a profit-taking
selloff is always heathy and much-needed for the
market to take a break, and resume its course
after the rest. I will still be what many people describe
as "bottom-fishing" today, so any selloff of the stocks
in my recommendation list are welcome.
From the chart, many stocks are showing sign of
resuming their former momentum, but the broad
market sentiment are temporary stopping them for now.
Once the coast is clear, all hell will break lose again......

Take a look: Ausgroup, Ezion, Falcon, F1, First Res,
Li Heng,Mermaid, Raffles Education, Sinomem, Swiber,
United Enviro,Uniasia, YZJ, Yingli & Pan Hong, Sinotel.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba,
Seroja, C2O, AFP, China Enviroment, Asia Enviroment

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, October 27, 2009

Market View 27 October 2009

Wall Street ended the trading in the bloody zone again,
with Dow reversed from a positive 100 points to close
the day down 104 points to close at 9868 in a highly
volatile session. The Financials and Energy stocks
lead the decline, and we also have the government
economy report this week to look forward to,
it is really turning up to be a very exciting trading week.
Given that the Dow is now about 132 points from
the 10000 points, is this the sign of Game Over?
My personal view is that this is just another E-brake,
and we should be back pretty soon.

STI closed up 1 points yesterday in what I will describe
as a boring trading days for most. It is indeed quiet
yesterday unless you are in stocks like Financial One (F1),
Sinotel etc. So what to look for in today's session?
Weakness at the opening bell is a confirmed situation,
but I certainly feel that the day will closed firmer,
and because of that, I will sit at the bottom and pick-up
bargains if the selling get heavier. The panic and clueless
retailers can throw all they want, there will be supporting
hands below. I will also follow the stocks that are still hot,
and that include stocks like F1, United Enviro and Sinotel.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Raffles Education, Sinomem, Swiber, United Enviro,
Uniasia, YZJ, Yingli & Pan Hong, Sinotel.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba,Seroja,
C2O, AFP, China Enviroment, Asia Enviroment

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

Monday, October 26, 2009

Market View 26 October 2009

In a flash, we are at the last trading week
of October, how do everyone fare?
I believe most should end the month in the
green, and not like some who are still waiting
for The Great Crash of October 2009.

Dow was once again below 10000 points after
giving back 109 points to close at 9972, the same
happened to both the Nasdaq and S&P 500 too.
Look like the tug-of-war is going to last for a while.
To me, it is another profit-taking day, and the resistance
will be tested in the coming days. I don't see any
looming and/or dooming clouds ahead....yet.

For our local market trading, I hope for a weakness
at the opening bell, and some clueless and panic
retailers to come out and just simply sell to the market.
Yes, I will once again be aware for any bargains in
the market, and seek to grab some of it in anticipation
of firmer market action at the later part of the day.
I still see further upside in our market, and the pennies
will inevitably follow as well.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res,
Li Heng,Mermaid, Raffles Education, Sinomem, Swiber,
United Enviro,Uniasia, YZJ, Yingli & Pan Hong.
Looking closely at Rotary, Tat Hong & Tiong Woon,
Ramba,Seroja, C2O, AFP, China Enviroment, Asia Enviroment

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

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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