Ok, Wall Street were in a pool of reds yesterday as
all 3 major indices fell by about 1.2%. Dow was down
133 points or 1.27%, Nasdaq lost 27 points or 1.22%,
while the S&P 500 dropped 13 points or 1.18%.
If you want to know the fundamental news behind the
fall, I can tell you a few. We have the worries about the
US dollar strength, disappointment statement from
the Fed, jobless claim data and Citibank share offering.
To me, the main action is still profit-taking, which is normal
and a good step-back for the market and stocks to become
reasonably "attractive" again.
Stocks will opened weak in our local market today which is
pretty expected, but will we see the unexpected at the later
part of the trading day? I don't know, but I will find out
as the market and stocks move, and from that, we can
see the signs if it is the case. I hope for a decent selldown
profit-taking trading session, but don't think I will be getting
one, as there are always supporting hand below ready to catch
any good bargains. I will just do the same and grab any if it
comes.
Stay out of the market if you want, and enjoy a early long-weekend
shopping for Christmas presents, or head down to the
Book Fest at Suntec to look for good books.
For me, I am looking on Yingli, Ausgroup, YZJ, Sinotel, Sinomem,
Swiber, Ezion, Falcon & Mermaid, PEC, Epure (added)
& those sub-$1 stocks heading toward the "magical" mark
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, December 18, 2009
Thursday, December 17, 2009
Market View 17 December 2009
Wall Street closed mixed after Fed voted unanimously to keep
benchmark borrowing costs in a range of zero to 0.25 percent,
which represents historic lows, but Fed also issued a warning
that it plans to tighten monetary policy in the coming year.
Dow was down 11 points, but Nasdaq and S&P 500 gained
6 and 1 points. To me, it is all nothing new that the market
reacted after the Fed news, but the upside momentum is
not broken and should regain its pace.
Back to our local shore.....
STI surged to a new year-high of 2813.93 up 15 points yesterday,
but the blues push-up did flow to the certain mid-caps, but
did not benefit most pennies. Only a handful of "selected"
pennies were up, and did well in recent sessions.
Yes, it had been pretty boring watching the market again,
as described by one Skype member, but the play-up in
some stocks are still worth a look-up.
Ezion, Swiber & YZJ were good trading opportunities lately,
and the profits are still decently well enough for a great
Christmas present which is just a week away.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem,
Swiber, Ezion, Falcon & Mermaid, PEC, Epure (added)
& those sub-$1 stocks heading toward the "magical" mark
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
benchmark borrowing costs in a range of zero to 0.25 percent,
which represents historic lows, but Fed also issued a warning
that it plans to tighten monetary policy in the coming year.
Dow was down 11 points, but Nasdaq and S&P 500 gained
6 and 1 points. To me, it is all nothing new that the market
reacted after the Fed news, but the upside momentum is
not broken and should regain its pace.
Back to our local shore.....
STI surged to a new year-high of 2813.93 up 15 points yesterday,
but the blues push-up did flow to the certain mid-caps, but
did not benefit most pennies. Only a handful of "selected"
pennies were up, and did well in recent sessions.
Yes, it had been pretty boring watching the market again,
as described by one Skype member, but the play-up in
some stocks are still worth a look-up.
Ezion, Swiber & YZJ were good trading opportunities lately,
and the profits are still decently well enough for a great
Christmas present which is just a week away.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem,
Swiber, Ezion, Falcon & Mermaid, PEC, Epure (added)
& those sub-$1 stocks heading toward the "magical" mark
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, December 16, 2009
Market View 16 December 2009
Another brake was applied in Wall Street, with Dow retreated
from 14-month high down 49 points, while Nasdaq and S&P 500
fell 11 and 6 points. Although there are fundamental reason
behind the fall, like the higher-than-expected increase in the
overall U.S. Producer Price Index in November, the main concern
is still with the Fed Policy meeting which started yesterday night.
I believe that this is still a usual and normal profit-taking
session by the market players, as they trimmed their positions.
I certainly don't see any big correction or selldown in the near
future. In fact, I believe that we should have a great month although
the trading volume will be decently thin all the way to the Q1 2010,
especially since we will have lots of FY corporate results out.
One Skype member told me yesterday that he had "close the book"
for his 2009 trading, and although he is not going for a holiday
or whatsoever, he will not be buying stocks this month. I told
him that he will be "forced" to come out and open the book
to trade some stocks in the remaining trading days for the year.
I still see that we should have a run-up soon all the way to the last
trading day of the year, and continue into 2010.
I maybe wrong, but until I am really proven wrong, I will be sticking
with the winner stocks in the last breakout for the year, and
if you have been reading the blog for a while, you should know
which and who are the winners.
Unless I am heading for a last-minute few day trip, I will officially
close the book on the last trading day of the year.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC, Epure (added) & those
sub-$1 stocks heading toward the "magical" mark
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
from 14-month high down 49 points, while Nasdaq and S&P 500
fell 11 and 6 points. Although there are fundamental reason
behind the fall, like the higher-than-expected increase in the
overall U.S. Producer Price Index in November, the main concern
is still with the Fed Policy meeting which started yesterday night.
I believe that this is still a usual and normal profit-taking
session by the market players, as they trimmed their positions.
I certainly don't see any big correction or selldown in the near
future. In fact, I believe that we should have a great month although
the trading volume will be decently thin all the way to the Q1 2010,
especially since we will have lots of FY corporate results out.
One Skype member told me yesterday that he had "close the book"
for his 2009 trading, and although he is not going for a holiday
or whatsoever, he will not be buying stocks this month. I told
him that he will be "forced" to come out and open the book
to trade some stocks in the remaining trading days for the year.
I still see that we should have a run-up soon all the way to the last
trading day of the year, and continue into 2010.
I maybe wrong, but until I am really proven wrong, I will be sticking
with the winner stocks in the last breakout for the year, and
if you have been reading the blog for a while, you should know
which and who are the winners.
Unless I am heading for a last-minute few day trip, I will officially
close the book on the last trading day of the year.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC, Epure (added) & those
sub-$1 stocks heading toward the "magical" mark
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, December 15, 2009
Market View 15 December 2009
Wall Street rally marches on....
Dow surged to a fresh 14-month and 2009 high to close at
10501 up 30 points. Nasdaq closed at 15-month high of
2212 up 22 points. S&P 500 gained 8 points to close
at 1114. The news on Abu Dhabi's $10 billion in aid to help
Dubai avoid a default boosted the market, and stocks were also
propelled by Exxon Mobil Corp's $30 billion takeover bid for
natural gas supplier XTO Energy Inc and plans by Citigroup
to repay the U.S. government about $20 billion in bailout funds.
The Fed policy meeting will starts today and will last for 2 days,
with the expectation that the Bernanke will continue to keep the
rate low in the near future. We shall see what will the market
be like tonight.
Do you have a deja vu feeling when you trade our local market
lately? It is quite normal to feel this way as what I have
explained in the blog yesterday. Seriously speaking, if you
are not comfortable with the market action currently, then
you can stay out of it for the time being. I prefer to stay in the
market, even if it is moving nowhere and anywhere.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber, Ezion,
Falcon & Mermaid, PEC, Epure (added) & those sub-$1 stocks
heading toward the "magical" mark (Did anyone notice Tat Hong's
surge yesterday on low volume?)
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 surged to a fresh 14-month and 2009 high to close at
10501 up 30 points. Nasdaq closed at 15-month high of
2212 up 22 points. S&P 500 gained 8 points to close
at 1114. The news on Abu Dhabi's $10 billion in aid to help
Dubai avoid a default boosted the market, and stocks were also
propelled by Exxon Mobil Corp's $30 billion takeover bid for
natural gas supplier XTO Energy Inc and plans by Citigroup
to repay the U.S. government about $20 billion in bailout funds.
The Fed policy meeting will starts today and will last for 2 days,
with the expectation that the Bernanke will continue to keep the
rate low in the near future. We shall see what will the market
be like tonight.
Do you have a deja vu feeling when you trade our local market
lately? It is quite normal to feel this way as what I have
explained in the blog yesterday. Seriously speaking, if you
are not comfortable with the market action currently, then
you can stay out of it for the time being. I prefer to stay in the
market, even if it is moving nowhere and anywhere.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber, Ezion,
Falcon & Mermaid, PEC, Epure (added) & those sub-$1 stocks
heading toward the "magical" mark (Did anyone notice Tat Hong's
surge yesterday on low volume?)
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, December 14, 2009
Market View 14 December 2009
Just a recap, Wall Street closed mixed last friday with
the Dow up 66 points or 0.8% for the week at 10472,
and S&P 500 added 4 points, while Nasdaq slided 0.6 points.
All eyes will be on the final Fed policy meeting this week
on Tuesday and Wednesday with the expectation that
Ben Bernanke will continue to keep the interest rate
low for "an extended period". This week is looking to be
an quiet rolling into big action trading sessions.
Stocks will be in a tight range for the first few days of the
week, and move into action gear when the coast is clear.
Sometimes, when you look at our market, you will feel
that it is doing a dance with repeated steps. It is always
3-steps forward and 2-steps back, that is why I have many
members saying that they did not make much last week.
My feeling is that, at least, we are up 1 step for the week,
and with that, I am willing to earn that just 1 step.
As long as we are still pushing forward, I will still dance
with Mr Market.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC, Epure (added) & those
sub-$1 stocks heading toward the "magical" mark.
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
the Dow up 66 points or 0.8% for the week at 10472,
and S&P 500 added 4 points, while Nasdaq slided 0.6 points.
All eyes will be on the final Fed policy meeting this week
on Tuesday and Wednesday with the expectation that
Ben Bernanke will continue to keep the interest rate
low for "an extended period". This week is looking to be
an quiet rolling into big action trading sessions.
Stocks will be in a tight range for the first few days of the
week, and move into action gear when the coast is clear.
Sometimes, when you look at our market, you will feel
that it is doing a dance with repeated steps. It is always
3-steps forward and 2-steps back, that is why I have many
members saying that they did not make much last week.
My feeling is that, at least, we are up 1 step for the week,
and with that, I am willing to earn that just 1 step.
As long as we are still pushing forward, I will still dance
with Mr Market.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC, Epure (added) & those
sub-$1 stocks heading toward the "magical" mark.
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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