Ok, Wall Street closed in the red, with Dow ended a
6-day winning streak to close down 94 points
but still 197 points above the critical 10000 support.
Nasdaq was down 18 points, while S&P 500 lost 11
points.
Is the traffic light changing?
In my view, it is just a minor pullback which is much
needed, and the traffic is still shinning green, with
further advancement in sight. Just drive on and
watch for the changing lights....
By the way, if you haven't realise, it is Friday the 13th
today, and yes, it is the best time to.......watch a movie
like 2012. What else do you expect???!!!
Our market has been range bound for quite some time
now, and the pennies are having miserable and terrible
volume that I believe we are reaching a breaking point
for the pennies. I foresee that volume will be coming in
soon, as the tug-of-war winner is emerging. It has been
quite difficult to trade recently as pointed out by some
readers. Those who buy can only win a few cents before
the tide turns. Those who dare to short can also win a few
cents before the tide turn again. The tranaction volume
for some pennies has been really pathetic, and these will
all change soon...
I am still sticking with my stock recommendations for this
week, and will seek to enter on good trading opportunities
if they appears...... Enjoy and embrace the market action,
and you will accept all that happens.
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 13, 2009
Thursday, November 12, 2009
Market View 12 November 2009
The green light shines on...
Wall Street closed in the green, with the Dow up for
a straight 6-day, and hitting a 13-month high
together with the S&P 500. Nasdaq also added
16 points. To me, the sun is still shining brightly,
but one of the blog reader pointed out that a market
crash is on the pipeline. I have to reply him that I
don't see any sign yet, so I just have to move on
with the market. Yes, the recent market surge is
riding on a lower volume, but one wonder where will
the market be heading when the liquidity starts
to pour into the market. It will be a liquidity-driven
rally by then, and from what I see, we still have a
clear road to drive in for quite some time.
We may see a minor correction or profit-taking selloffs
as the Dow is up for 6 days, but the news in the after hours
that HP is acquiring 3Com in a $2.7 billion deal should provide
more carrots for the market to move further.
Ok, back to SG....
Finally, we saw some volatility and volume in a number of
Hot stocks yesterday, and it is a good sign to see it happening.
I continue to stay with the market, though the transactions
had dropped. It gets quite boring and tiring sometimes when
your stocks are moving very slowly, and there are simply
not much price changes on your screen, you just have to sit
it through. Like what the great speculator, Jesse Livermore
said, “It was never my thinking that made me money but
my sitting tight.” I can't be compared to the greats, but I know
that Mr Market is just playing the waiting game now.
There are plenty of Hot money or is that stale money on the
sideline waiting to pounce on the stocks once the liquidity is back.
I will still be looking up for trading opportunities today,
but the Energy, O&M and water treatment stocks in my focus.
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.
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
Wall Street closed in the green, with the Dow up for
a straight 6-day, and hitting a 13-month high
together with the S&P 500. Nasdaq also added
16 points. To me, the sun is still shining brightly,
but one of the blog reader pointed out that a market
crash is on the pipeline. I have to reply him that I
don't see any sign yet, so I just have to move on
with the market. Yes, the recent market surge is
riding on a lower volume, but one wonder where will
the market be heading when the liquidity starts
to pour into the market. It will be a liquidity-driven
rally by then, and from what I see, we still have a
clear road to drive in for quite some time.
We may see a minor correction or profit-taking selloffs
as the Dow is up for 6 days, but the news in the after hours
that HP is acquiring 3Com in a $2.7 billion deal should provide
more carrots for the market to move further.
Ok, back to SG....
Finally, we saw some volatility and volume in a number of
Hot stocks yesterday, and it is a good sign to see it happening.
I continue to stay with the market, though the transactions
had dropped. It gets quite boring and tiring sometimes when
your stocks are moving very slowly, and there are simply
not much price changes on your screen, you just have to sit
it through. Like what the great speculator, Jesse Livermore
said, “It was never my thinking that made me money but
my sitting tight.” I can't be compared to the greats, but I know
that Mr Market is just playing the waiting game now.
There are plenty of Hot money or is that stale money on the
sideline waiting to pounce on the stocks once the liquidity is back.
I will still be looking up for trading opportunities today,
but the Energy, O&M and water treatment stocks in my focus.
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.
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 11, 2009
Market View 11 November 2009
Wall Street closed mixed after Fed officials commented
that "unemployment likely will remain high for the next
several years because the economic recovery won't be strong
enough to spur robust hiring." Dow edged up 20 points, while
Nasdaq and S&P 500 were marginally lower. It is still green
light showing now, but I am always ready and preparing for
the amber light to be showing up. I just have to keep moving
forward for the time being....
Yesterday was a boring and "yawning" trading day for me,
despite a strong performance from Uncle Sam. Many stocks
were range bound with low volatility and liquidity, and I
can only did some scalping here and there. While we wait
for a much clearer picture, we just have to endure what is
being served out by Mr Market now. Like what I have told
some readers, if you have no concept or direction about the
market, then jolly well just stay out, and wait for clear picture.
Although I am a trader, there are times that the market is
really not giving many trading opportunities, so just sit it out.
I will still be looking up for trading opportunities today, but
it is looking to be another boring and sleepy trading day.
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.
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
that "unemployment likely will remain high for the next
several years because the economic recovery won't be strong
enough to spur robust hiring." Dow edged up 20 points, while
Nasdaq and S&P 500 were marginally lower. It is still green
light showing now, but I am always ready and preparing for
the amber light to be showing up. I just have to keep moving
forward for the time being....
Yesterday was a boring and "yawning" trading day for me,
despite a strong performance from Uncle Sam. Many stocks
were range bound with low volatility and liquidity, and I
can only did some scalping here and there. While we wait
for a much clearer picture, we just have to endure what is
being served out by Mr Market now. Like what I have told
some readers, if you have no concept or direction about the
market, then jolly well just stay out, and wait for clear picture.
Although I am a trader, there are times that the market is
really not giving many trading opportunities, so just sit it out.
I will still be looking up for trading opportunities today, but
it is looking to be another boring and sleepy trading day.
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.
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 10, 2009
Market View 10 November 2009
The green light is still shinning brightly.......
Wall Street was in celebration mood after the Dow
ended with a high note, and stormed up 204 points
to close at 10227, a 13-month high for the index.
Nasdaq and S&P 500 also surged strongly up, each
added about 2% to close on the high.
When I said last week that the "stocks should have a green
light to move forward in a straight road", quite a handful
of readers are sceptical of my bullish view, and I
am glad that I listen to Mr Market, and follow
his way, until his next change-face. :-P ----- :-q
Will the US continue to stay up above 10000?
For the time being, I don't see any reason why the
momentum is likely to be halted soon.
Anyway, just look at Mr Market's face, as I am just
his follower.
Yesterday's trading for me has been boring but still
nevertheless rewarding to say the least. I seriously hope
for even more volatility, liquidity and momentum in our local
market, and mainly for the pennies but I can settle for
the range-bound low volatility play too with frequent yawns.
Energy, O&M and Water stocks will be my focus
for today's trading, and I will seek to add-up to my
winning position, and this is one of the gist of any trading
methods which a lot of retailers are not doing.
Learn it, and it will benefit you for many years to come.
Cut-loss & Stop: Use it, and it will benefit your wallet
for many dollar notes to avoid going out.
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
Wall Street was in celebration mood after the Dow
ended with a high note, and stormed up 204 points
to close at 10227, a 13-month high for the index.
Nasdaq and S&P 500 also surged strongly up, each
added about 2% to close on the high.
When I said last week that the "stocks should have a green
light to move forward in a straight road", quite a handful
of readers are sceptical of my bullish view, and I
am glad that I listen to Mr Market, and follow
his way, until his next change-face. :-P ----- :-q
Will the US continue to stay up above 10000?
For the time being, I don't see any reason why the
momentum is likely to be halted soon.
Anyway, just look at Mr Market's face, as I am just
his follower.
Yesterday's trading for me has been boring but still
nevertheless rewarding to say the least. I seriously hope
for even more volatility, liquidity and momentum in our local
market, and mainly for the pennies but I can settle for
the range-bound low volatility play too with frequent yawns.
Energy, O&M and Water stocks will be my focus
for today's trading, and I will seek to add-up to my
winning position, and this is one of the gist of any trading
methods which a lot of retailers are not doing.
Learn it, and it will benefit you for many years to come.
Cut-loss & Stop: Use it, and it will benefit your wallet
for many dollar notes to avoid going out.
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
Monday, November 9, 2009
Market View 9 November 2009
In a volatile and choppy session, Wall Street managed to
close in the green even after government data showing the
unemployment rate hit 10.2 percent, the highest in 26-1/2 years.
Is the worst still yet to come?
My view: The market may choose to look at the other
better fundamental economic indicators, and not just
the unemployment rate for the time being.
The market may react tonight, but I still don't think the
market is going through a correction soon.
Back to our local shore...
I received an email from a reader commenting that I
am "bullish about the market.", while "Most TA analysts
are giving a cautionary view of the market being at a top."
Yes, I am not bearish about the market for now, that is
for sure. If I am not bearish, then what position can I be
in? Like what I mentioned before, I don't sense a tsunami
coming, so I just have to keep going forward.
For the time being, my trades can be consider as scapling,
as most of the time I did quick and prompt trading,
that maybe intra-day and contra trading on the Hot stocks.
The pennies are badly hit, but there are still the first
to rebound, if the wind comes.
I received quite a handful of suggestions from the readers
about my proposal of a anniversary sharing, and I will
look through them properly, and will update here in due time.
There is no clear-cut wind blowing right now in the market,
the Blues may be heading higher, but the pennies may be
in for a beating. Nevertheless, there will still be winners
in a pool of blood, so what I am doing is to trade these winners.
Just have a cut-loss and stop ready.
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
close in the green even after government data showing the
unemployment rate hit 10.2 percent, the highest in 26-1/2 years.
Is the worst still yet to come?
My view: The market may choose to look at the other
better fundamental economic indicators, and not just
the unemployment rate for the time being.
The market may react tonight, but I still don't think the
market is going through a correction soon.
Back to our local shore...
I received an email from a reader commenting that I
am "bullish about the market.", while "Most TA analysts
are giving a cautionary view of the market being at a top."
Yes, I am not bearish about the market for now, that is
for sure. If I am not bearish, then what position can I be
in? Like what I mentioned before, I don't sense a tsunami
coming, so I just have to keep going forward.
For the time being, my trades can be consider as scapling,
as most of the time I did quick and prompt trading,
that maybe intra-day and contra trading on the Hot stocks.
The pennies are badly hit, but there are still the first
to rebound, if the wind comes.
I received quite a handful of suggestions from the readers
about my proposal of a anniversary sharing, and I will
look through them properly, and will update here in due time.
There is no clear-cut wind blowing right now in the market,
the Blues may be heading higher, but the pennies may be
in for a beating. Nevertheless, there will still be winners
in a pool of blood, so what I am doing is to trade these winners.
Just have a cut-loss and stop ready.
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
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