When I wrote that "stocks should have a green light
to move forward in a straight road", "just enjoy the
driving for now, until the next light....", I received
skeptical email from readers commenting that this
will not be the case as they believe that Wall Street
is definitely heading lower.
The result: All 3 major US indices surged through the
roof yesterday, with Dow recording the best day since
July with a 204 points charge to close above the critical
10000 points again at 10006. Nasdaq also added 50 points
and S&P 500 was up 20 points. All these surges are based
on a upbeat October retail sales figure and lower jobless claim,
together with good corporate results.
We still have the monthly job report and unemployment rate
tonight, but I still see a green light shinning through....
The STI was up slightly but the main picture is with the
battered pennies. The pennies can be described to be in
a bloodbath, and the selling gets more heavier as the market
was closing. I was going to take a early break yesterday afternoon
but the bloody scene caught my attention, and there I was,
staying till the closing bell. I took the liberty of picking up some
"unreasonably" beaten-down stocks, which I will sell
for a quick profits today if the tide turns, or else I will just add
on and let the profits run.
We will see stocks jumping up on opening today, but I certainly
don't wish the "jump-down" to follow. It is Ok to be volatile
but I hope the upside momentum will last through the day.
I will snap up and add-on some stocks if the "force" is
still with me, or else, I will throw them into the abyss. :-P
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, CH Offshore.
(Did you see that some stocks are in BOLD)
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, November 6, 2009
Thursday, November 5, 2009
Market View 5 November 2009
Ok, no big surprise from the Fed as it would keep rates
near zero for "an extended period" even as it expressed
confidence in the economic recovery, but it triggered off
a last-minute selloff from the market as profit-taking
and pressure selling sets in. Dow was up as high as 156 points
at mid-day, but closed the day up 30 points, together
with S&P 500 which added 1 point. Nasdaq was down
1.8 points at the closing bell, but Cisco's good result
in the after-hour should provide a boost to the techs tonight.
How do I view the "move" or is it "un-move" from Fed?
My view is that the stocks should have a green light
to move forward in a straight road, but one wonder when
is the next traffic light coming? Round the corner?
Anyway, just enjoy the driving for now, until the next light....
Back to our local shore....
Last few days of trading has been boring and tiring to
say the least for the traders and maybe investor alike.
We have seen stocks moving up in the morning only to
falter in the afternoon session and even into the red region.
Nevertheless, there were still trading opportunities in
a couple of stocks, but frankly, the potential profits is
limited by the small range and weaken momentum.
I believe we should see the volume, volatility and
momentum pick-up in the market, as the Hot money
is really waiting to come into the market. One would argue
that the market will continue to move sideway, or even
The Mother of all Crashes is coming again as described by
one readers who emailed me. I still don't see a tsunami
coming, but I will watch the movie 2012 when available,
then maybe I will see one.
On a personal note, I just realised that 2 of my blogs have
become Pagerank 1 (the lowest) according to Google.
It is so good to see that my effort has been rewarded,
and thank you to all the readers who has or had visited my
blog before. Like whhat I wrote before, this is like a niche blog
with about 200 visits per day, which is pretty reasonable
if you ask me, as I don't do much advertising/marketing.
Therefore without you, there will be no blog from me as all,
as I will be just writing for Mr Market to see. :-P
I started the blog back in October last year, and in a flash,
it is one year old. I am planning something to share with
all readers for the One year anniversary, and will be revealed
next week. Meanwhile, you can also email me to tell me what
are some wishes that you have, and if I can fulfil it, I will give it
to all readers. You can also give comment at the blog as well.
I hope to have many more anniversary coming, and increase
my Pagerank up the roof.....
Thank you once again.
Ok, back to trading....
Market will open bright today, but recently we have thunderstorm
in the afternoon, and an umbrella will do us good in this kind
of unpredictable weather.
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, CH Offshore.
(Did you see that some stocks are in BOLD)
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
near zero for "an extended period" even as it expressed
confidence in the economic recovery, but it triggered off
a last-minute selloff from the market as profit-taking
and pressure selling sets in. Dow was up as high as 156 points
at mid-day, but closed the day up 30 points, together
with S&P 500 which added 1 point. Nasdaq was down
1.8 points at the closing bell, but Cisco's good result
in the after-hour should provide a boost to the techs tonight.
How do I view the "move" or is it "un-move" from Fed?
My view is that the stocks should have a green light
to move forward in a straight road, but one wonder when
is the next traffic light coming? Round the corner?
Anyway, just enjoy the driving for now, until the next light....
Back to our local shore....
Last few days of trading has been boring and tiring to
say the least for the traders and maybe investor alike.
We have seen stocks moving up in the morning only to
falter in the afternoon session and even into the red region.
Nevertheless, there were still trading opportunities in
a couple of stocks, but frankly, the potential profits is
limited by the small range and weaken momentum.
I believe we should see the volume, volatility and
momentum pick-up in the market, as the Hot money
is really waiting to come into the market. One would argue
that the market will continue to move sideway, or even
The Mother of all Crashes is coming again as described by
one readers who emailed me. I still don't see a tsunami
coming, but I will watch the movie 2012 when available,
then maybe I will see one.
On a personal note, I just realised that 2 of my blogs have
become Pagerank 1 (the lowest) according to Google.
It is so good to see that my effort has been rewarded,
and thank you to all the readers who has or had visited my
blog before. Like whhat I wrote before, this is like a niche blog
with about 200 visits per day, which is pretty reasonable
if you ask me, as I don't do much advertising/marketing.
Therefore without you, there will be no blog from me as all,
as I will be just writing for Mr Market to see. :-P
I started the blog back in October last year, and in a flash,
it is one year old. I am planning something to share with
all readers for the One year anniversary, and will be revealed
next week. Meanwhile, you can also email me to tell me what
are some wishes that you have, and if I can fulfil it, I will give it
to all readers. You can also give comment at the blog as well.
I hope to have many more anniversary coming, and increase
my Pagerank up the roof.....
Thank you once again.
Ok, back to trading....
Market will open bright today, but recently we have thunderstorm
in the afternoon, and an umbrella will do us good in this kind
of unpredictable weather.
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, CH Offshore.
(Did you see that some stocks are in BOLD)
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, November 4, 2009
Market View 4 November 2009
In yet another volatile swinging session, Wall Street closed
mixed, with Dow down marginally 17 points, while the
tech-heavy Nasdaq and broader S&P 500 advanced to
close in the green. There are a few news from Uncle Sam
that should be dealt with some concerns. I believe most
have read on Buffett pumping money to buy a railroad
company in what will be a $34 billion transaction.
I look at this news as Buffett believe the market and the
company is cheap right now, and he is picking up a good
bargain.
Another news will be with the FOMC meeting which the
market believe that the Fed will keep the rates close
to zero, but their main concern is what will be Fed's view
on the current economy outlook. I am cautiously optimistic
that the Fed will give a cautious optimistic statement as well.
:-P (pun intended)
Ok, back to our shore...
If you have looked at the STI intra-day yesterday, you will
see the amazingly nice fall from the top of the moutain all
the way down to the bottom at closing. The market expected
a bloodshed in Wall Street, but to their disappointment,
they did not get one, so I believe that our market should
continue to be cautious, but some stocks will leave the pack,
and charge up. I am concentrating on the O&M sector stocks
for today, and it should be enough for a good field-trip.
I have readers asking me what did I do to prepare for the
trading day ahead. Ok, I will reveal the things that I do
in the next few days, so keep a lookup.
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
mixed, with Dow down marginally 17 points, while the
tech-heavy Nasdaq and broader S&P 500 advanced to
close in the green. There are a few news from Uncle Sam
that should be dealt with some concerns. I believe most
have read on Buffett pumping money to buy a railroad
company in what will be a $34 billion transaction.
I look at this news as Buffett believe the market and the
company is cheap right now, and he is picking up a good
bargain.
Another news will be with the FOMC meeting which the
market believe that the Fed will keep the rates close
to zero, but their main concern is what will be Fed's view
on the current economy outlook. I am cautiously optimistic
that the Fed will give a cautious optimistic statement as well.
:-P (pun intended)
Ok, back to our shore...
If you have looked at the STI intra-day yesterday, you will
see the amazingly nice fall from the top of the moutain all
the way down to the bottom at closing. The market expected
a bloodshed in Wall Street, but to their disappointment,
they did not get one, so I believe that our market should
continue to be cautious, but some stocks will leave the pack,
and charge up. I am concentrating on the O&M sector stocks
for today, and it should be enough for a good field-trip.
I have readers asking me what did I do to prepare for the
trading day ahead. Ok, I will reveal the things that I do
in the next few days, so keep a lookup.
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, November 3, 2009
Market View 3 November 2009
Don't you just love the US stock market?
Dow was up as much as 147 points at the 2 hours
mark, but plunged down 34 points before settling
the day up 77 points. What a roller-coaster ride it
must have been in such a volatile day.
Look like such see-saw session will be the theme
for the next few trading days as we will have the Fed
meeting this week, you just got to love such volatility.
STI was maginally down yesterday, but a lot of pennies
were way above the day-low, as expected by me when
I wrote that in the blog yesterday. I have to say that many
retailers are actually out of the market waiting for clear-cut
signal to get into the market, or they are simply holding
on to the losses and praying that the stock price will move
above their buying price, when they will sell their stock off.
I can bet with you that they won't sell even if the price is
above their buying price, as they will then pray for the price
to surge higher, and the whole cycle countinues when the price
falls again........
I have readers asking me what to buy, and I gave my recommendations,
but when I turn to ask them when the stock is running, they
will reply that they did not buy as they are scared.
Ok, it is the infamous Fear monster's doing again.
It is all part-and-parcel of the game, and I can understand their
concerns, but they really need to be able to see the whole
picture which maybe is an issue of experiences.
We shall see a firmer opening today, but the scenario of the
day is to see how long and how high the stock can stay
within the day-high. My view is that we will still have a good
trading day, but not on all stocks.
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
Dow was up as much as 147 points at the 2 hours
mark, but plunged down 34 points before settling
the day up 77 points. What a roller-coaster ride it
must have been in such a volatile day.
Look like such see-saw session will be the theme
for the next few trading days as we will have the Fed
meeting this week, you just got to love such volatility.
STI was maginally down yesterday, but a lot of pennies
were way above the day-low, as expected by me when
I wrote that in the blog yesterday. I have to say that many
retailers are actually out of the market waiting for clear-cut
signal to get into the market, or they are simply holding
on to the losses and praying that the stock price will move
above their buying price, when they will sell their stock off.
I can bet with you that they won't sell even if the price is
above their buying price, as they will then pray for the price
to surge higher, and the whole cycle countinues when the price
falls again........
I have readers asking me what to buy, and I gave my recommendations,
but when I turn to ask them when the stock is running, they
will reply that they did not buy as they are scared.
Ok, it is the infamous Fear monster's doing again.
It is all part-and-parcel of the game, and I can understand their
concerns, but they really need to be able to see the whole
picture which maybe is an issue of experiences.
We shall see a firmer opening today, but the scenario of the
day is to see how long and how high the stock can stay
within the day-high. My view is that we will still have a good
trading day, but not on all stocks.
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, November 2, 2009
Market View 1 Nov 2009
Ok, I will cut short on today's blog as I only managed to
login to Blogger after many tries, and the market is
opening in minutes. I will update more tomorrow....
Our market will open low today, but it will not close
at the day-low, it will be firmer at the 2nd half of the
trading day. My strategy is to pick-up stocks at the low
of of selling, and add-up on rebound, and let go when
the selling gets heavier. This is a risky move not suitable
for all readers, so only enter when you are aware of what
you are facing with.
One reader emailed me to tell me that a CRASH is imminent,
I can only tell him that anything and everything is possible,
but it is not Likely that we will see one soon. Period.
If it is really coming, then I will sense it from the market
volume and transactions, but sadly to him, I am not picking
up such scent yet, so it is still normal trading to me.
I don't know about you guys, but as a trader, I like
such volatility and wild swings in the market, as it is within
such range that money can be made (and lost).
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
login to Blogger after many tries, and the market is
opening in minutes. I will update more tomorrow....
Our market will open low today, but it will not close
at the day-low, it will be firmer at the 2nd half of the
trading day. My strategy is to pick-up stocks at the low
of of selling, and add-up on rebound, and let go when
the selling gets heavier. This is a risky move not suitable
for all readers, so only enter when you are aware of what
you are facing with.
One reader emailed me to tell me that a CRASH is imminent,
I can only tell him that anything and everything is possible,
but it is not Likely that we will see one soon. Period.
If it is really coming, then I will sense it from the market
volume and transactions, but sadly to him, I am not picking
up such scent yet, so it is still normal trading to me.
I don't know about you guys, but as a trader, I like
such volatility and wild swings in the market, as it is within
such range that money can be made (and lost).
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
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