Look like Wall Street is hitting a harder brake than
what I expected....
Dow was down 94 points though recovered from
as much as negative 170 points, Nasdaq and S&P 500
were also down for the night. There were concerns
about some economic data pointed to the fragility of the
recovery, and BOA-ML downgrade of the semicon sector.
In my view, it is just a clear-cut profit-taking selloff,
and it is very "positive" to have such a market action
to clear off some in-the-money positions. I still believe
that the trend and momentum will resume after this
short brake (break).
I believe that our market will open weaker on the opening
bell but will almost certainly close much better and firmer
in the 2nd half of the day, and maybe even much earlier.
I welcome any panic selling from the retailers as I will
pick up bargains again when available.
My trade for Yingli is still valid, and will also focus on
the 2 sinos: Sinotel and Sinomem, and YZJ for today.
I will keep this blog short today...
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 20, 2009
Thursday, November 19, 2009
Market View 19 November 2009
Ok, Wall Street has hit the brake yesterday,
and is taking a short break. Dpw ended in the negative
region down 11.11 points, together with Nasdaq and
S&P 500. It could be very much worse for the Dow
as it was down 77 points at one stage, but manged
to cut the losses before the closing bell. I am still holding
the view that Wall Street should and will continue to
drive on after this short break (brake), toward a good
end-of-year surge.
Back to Singapore...
The 3Q GDP was just out a while ago, and it was weaker
than expected, but still at a respectable pace. I don't think
the market will react negatively to the figure, and will
continue to run its path.
Ok, on the trading for today...
If you are TA trained, do you notice that Sinotel and Sinomem
have a lot of similarities in the chart, and you can almost trade
them together if you saw the "same pattern" happening
in the chart? This 2 stocks will be in my close focus, as
they have good profit potentials.
Another stock is Yingli. Yes, that Chongqing property
counter which just placed out shares, and dropped yesterday
after it resumed trading from the share halt.
I will go straight to the point this time.
I will buy when it surpass yesterday day-high of 64cts,
and my cut-loss will be below the day-low of 61.5cts.
If it come back to pass 64cts, I will buy again, as simple
as that. I will let my trailing stop determine where I should
take profits, but I believe it will be in the 70s.
If it ding-dong between 61.5-64cts, then I will just sit tight
and watch the show, but going by its past movement,
it is very unlikely that it will stay within such range for long.
As long as 61.5cts low was not taken out, this trade is good.
Ordinary strategy, simple execution, but potential extraordinary
profits ahead....
Other than the 3 stocks I mentioned above, I will still be looking
for trading opportunities in the Hot stocks, and I believe that some
of them have good potential today.
Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Mermaid,
Raffles Education, Sinomem, Swiber,United Enviro,Uniasia,
YZJ, Yingli & 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
and is taking a short break. Dpw ended in the negative
region down 11.11 points, together with Nasdaq and
S&P 500. It could be very much worse for the Dow
as it was down 77 points at one stage, but manged
to cut the losses before the closing bell. I am still holding
the view that Wall Street should and will continue to
drive on after this short break (brake), toward a good
end-of-year surge.
Back to Singapore...
The 3Q GDP was just out a while ago, and it was weaker
than expected, but still at a respectable pace. I don't think
the market will react negatively to the figure, and will
continue to run its path.
Ok, on the trading for today...
If you are TA trained, do you notice that Sinotel and Sinomem
have a lot of similarities in the chart, and you can almost trade
them together if you saw the "same pattern" happening
in the chart? This 2 stocks will be in my close focus, as
they have good profit potentials.
Another stock is Yingli. Yes, that Chongqing property
counter which just placed out shares, and dropped yesterday
after it resumed trading from the share halt.
I will go straight to the point this time.
I will buy when it surpass yesterday day-high of 64cts,
and my cut-loss will be below the day-low of 61.5cts.
If it come back to pass 64cts, I will buy again, as simple
as that. I will let my trailing stop determine where I should
take profits, but I believe it will be in the 70s.
If it ding-dong between 61.5-64cts, then I will just sit tight
and watch the show, but going by its past movement,
it is very unlikely that it will stay within such range for long.
As long as 61.5cts low was not taken out, this trade is good.
Ordinary strategy, simple execution, but potential extraordinary
profits ahead....
Other than the 3 stocks I mentioned above, I will still be looking
for trading opportunities in the Hot stocks, and I believe that some
of them have good potential today.
Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Mermaid,
Raffles Education, Sinomem, Swiber,United Enviro,Uniasia,
YZJ, Yingli & 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 18, 2009
Market View 18 November 2009
Wall Street still shining green...
In what was really a volatile session, Dow finally managed to
close in the green with a 30 points gain after ding-dong
in the positive-negative region for the whole session.
Nasdaq and S&P 500 were also up after good brokers'
upgrades. In the last 11 trading days, Dow were up 9 days
and is currently at a 13-month high, so maybe the green
light is ready to take a break again......
Our market took a breather yesterday with most blues and
pennies closing in the red. I am still quite bullish on the
Hot stocks that I mentioned yesterday, and believe that
they will still be the focus in the next 3 trading days.
Some readers emailed me to tell me that they have
made money in the monday market surge, but was stop-out
in yesterday's decline. It is all part-and-parcel of the market
that profit-taking can surface after just one day of liquidity
surge. That's why we always need a ready cut-loss and trailing
stop when we enter the market.
I will still be looking for trading opportunities in the Hot stocks,
and I believe that some of them will run wild today.
Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Mermaid,
Raffles Education, Sinomem, Swiber,United Enviro,Uniasia,
YZJ, Yingli & Sinotel.
Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja,C2O,
AFP, China Enviroment, Asia Enviroment, CH Offshore.
(Taking out Li Heng, Pan Hong for the time being, until I see
further signal in the chart)
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: For the readers in my mailing list, I will start sending the
reports today and tomorrow, so check your mailbox.
In what was really a volatile session, Dow finally managed to
close in the green with a 30 points gain after ding-dong
in the positive-negative region for the whole session.
Nasdaq and S&P 500 were also up after good brokers'
upgrades. In the last 11 trading days, Dow were up 9 days
and is currently at a 13-month high, so maybe the green
light is ready to take a break again......
Our market took a breather yesterday with most blues and
pennies closing in the red. I am still quite bullish on the
Hot stocks that I mentioned yesterday, and believe that
they will still be the focus in the next 3 trading days.
Some readers emailed me to tell me that they have
made money in the monday market surge, but was stop-out
in yesterday's decline. It is all part-and-parcel of the market
that profit-taking can surface after just one day of liquidity
surge. That's why we always need a ready cut-loss and trailing
stop when we enter the market.
I will still be looking for trading opportunities in the Hot stocks,
and I believe that some of them will run wild today.
Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Mermaid,
Raffles Education, Sinomem, Swiber,United Enviro,Uniasia,
YZJ, Yingli & Sinotel.
Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja,C2O,
AFP, China Enviroment, Asia Enviroment, CH Offshore.
(Taking out Li Heng, Pan Hong for the time being, until I see
further signal in the chart)
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: For the readers in my mailing list, I will start sending the
reports today and tomorrow, so check your mailbox.
Tuesday, November 17, 2009
Market View 17 November 2009
The green light is still shining brightly throughout....
Wall Street started off the week with a bang, and
the major indices closed at a fresh new 13-month high,
after "Federal Reserve Chairman Ben Bernanke reinforced
expectations that interest rates would stay low to spur growth"
Dow was up 136 points, S&P 500 added 16 points, and
Nasdaq advanced 30 points. Although we will have
"significant headwinds" like rising unemployment and tight bank
lending" ahead, the market is likely to be strong and
momentum intact in my 2 cents view.
What a great way to start the trading week yesterday!!
I wrote last week in the blog that I "believe we are reaching
a breaking point for the pennies. I foresee that volume will be
coming insoon, as the tug-of-war winner is emerging."
I was on-the-spot yesterday, as volume, liquidity and
volatility re-emerged in the market, and the Hot stocks
and the pennies enjoy the "attention" again.
I specifically mentioned various stocks for trading in
yesterday blog, "Stocks like YZJ, Ausgroup, Sinomem and
always-hot stocks like Sinotel, Yingli, Ezion, Falcon should be
in the focus", and you can check up the winner list yourself
to see the result. YZJ was up 8cts, Ausgroup and Sinomem
were up 4.5 cts, Sinotel gained 2.5cts, Yongli advanced 1ct,
Ezion surged 2.5cts and Falcon soared 2.5cts.
They will still be the focus winners for this week, so keep
a look-up on them.
The O&M, Energy and Water Treatment stocks will still be
the centre of attention for the coming trading days.
Guess what, I am also looking at some good potential pre-$1
stocks which should be able to be pushed toward the
"magical" $1 mark: Midas at 88.5cts, Tat Hong at $1,
Swiber at 90.5cts, First Resources at 93cts, Mermaid at 86cts.
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 started off the week with a bang, and
the major indices closed at a fresh new 13-month high,
after "Federal Reserve Chairman Ben Bernanke reinforced
expectations that interest rates would stay low to spur growth"
Dow was up 136 points, S&P 500 added 16 points, and
Nasdaq advanced 30 points. Although we will have
"significant headwinds" like rising unemployment and tight bank
lending" ahead, the market is likely to be strong and
momentum intact in my 2 cents view.
What a great way to start the trading week yesterday!!
I wrote last week in the blog that I "believe we are reaching
a breaking point for the pennies. I foresee that volume will be
coming insoon, as the tug-of-war winner is emerging."
I was on-the-spot yesterday, as volume, liquidity and
volatility re-emerged in the market, and the Hot stocks
and the pennies enjoy the "attention" again.
I specifically mentioned various stocks for trading in
yesterday blog, "Stocks like YZJ, Ausgroup, Sinomem and
always-hot stocks like Sinotel, Yingli, Ezion, Falcon should be
in the focus", and you can check up the winner list yourself
to see the result. YZJ was up 8cts, Ausgroup and Sinomem
were up 4.5 cts, Sinotel gained 2.5cts, Yongli advanced 1ct,
Ezion surged 2.5cts and Falcon soared 2.5cts.
They will still be the focus winners for this week, so keep
a look-up on them.
The O&M, Energy and Water Treatment stocks will still be
the centre of attention for the coming trading days.
Guess what, I am also looking at some good potential pre-$1
stocks which should be able to be pushed toward the
"magical" $1 mark: Midas at 88.5cts, Tat Hong at $1,
Swiber at 90.5cts, First Resources at 93cts, Mermaid at 86cts.
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
Monday, November 16, 2009
Market View 16 November 2009
Wall Street closed at a high note last friday, with the
Dow up 73 points or 247 points for the week to close
at 10270. Nasdaq and S&P 500 also closed respectably
in what was a great week for the indices.
Will the momentum continues?
Personally, I don't see any reversal yet for this week's
trading from the fundamental ground, but profit-taking
may surface after such a great run-up. It is still green light
to me and should continue so until Mr Market give the signal.
Last friday, I finally "witnessed" a tsunami but not on our
market, but in the movie 2012. Will we have a financial
tsunami on our local market? I believe the chances are
very small, and I sense that fund inflow this week will
be strong. I saw volume starting to come in with some
of the pennies showing strength and movement.
I am willing to stick my neck out for this week's trading
as I foresee we are going to have a wonderful and rewarding
trading week, and the Hot stocks and pennies should be
having volatile and liquidity-filled sessions.
But....if you are not willing to take risks at this early stage
of liquidity inflow, you can wait for further confirmation
before jumping in.
I am quite bullish on the O&M, Energy and Water treatment
stocks for this trading week. Stocks like YZJ, Ausgroup, Sinomem
and always-hot stocks like Sinotel, Yingli, Ezion, Falcon should be
in the 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
Dow up 73 points or 247 points for the week to close
at 10270. Nasdaq and S&P 500 also closed respectably
in what was a great week for the indices.
Will the momentum continues?
Personally, I don't see any reversal yet for this week's
trading from the fundamental ground, but profit-taking
may surface after such a great run-up. It is still green light
to me and should continue so until Mr Market give the signal.
Last friday, I finally "witnessed" a tsunami but not on our
market, but in the movie 2012. Will we have a financial
tsunami on our local market? I believe the chances are
very small, and I sense that fund inflow this week will
be strong. I saw volume starting to come in with some
of the pennies showing strength and movement.
I am willing to stick my neck out for this week's trading
as I foresee we are going to have a wonderful and rewarding
trading week, and the Hot stocks and pennies should be
having volatile and liquidity-filled sessions.
But....if you are not willing to take risks at this early stage
of liquidity inflow, you can wait for further confirmation
before jumping in.
I am quite bullish on the O&M, Energy and Water treatment
stocks for this trading week. Stocks like YZJ, Ausgroup, Sinomem
and always-hot stocks like Sinotel, Yingli, Ezion, Falcon should be
in the 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
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