Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Monday, March 1, 2010

Market View 1 March 2010

The first trading day of March, what can we expect today?
Just a quick recap what happened in the US market
last friday: Major indices closed little change with
Dow gained 4 points, S&P 500 added 1 point and
Nasdaq up 4 points. This week we will have some vital
data coming out in the US, like the Institute for Supply
Management indexes on manufacturing and services.
February's job figure will have an impact this week too,
but I see the market still consolidating and may even
surge higher.

Ok, now that we have the corporate results out, so what
is there to look for or look at in our market for trading and
investing? The main focus looks to stay with Genting for a
long time, which I have discussion both on emails and skype
from readers. My view is still the same, there is a major support
level at 86.5cts, and for investment point of view, I will gradually
grab it up bit by bit. For trading, I will look at it when it pass the
92cts again according to what I see in the chart.

I am cautiously optimistic this week and will be sticking with the
greens for today's tradings.
Main Focus: Genting, Broadway, Falcon Energy, CWT, PEC,
Epure & YZJ (added).
Winner Stocks: Sinomem, CSE Global, CH Offshore, Ezion,
Swiber,Broadway, Midas & Sinotel, Golden Agri, Yingli, Biosensor.

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

No comments:

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.

Chat with me