In a volatile session in overnight trade, the 3 major
US indices closed in the red but well recovered from the
day-low. Dow was down as much as 188 points but rebound
in the last few hours of trading to close down 53 points.
Both S&P 500 and Nasdaq fell about 2 points. Stocks were
initially being battered on the news that jobless claims
rise unexpectedly, and Greece's debt rating being downgraded
by rating agencies.
Ok, back to our own soil.
The main stock actor that I have receiving day-in-day-out
recently is Genting, which was the same case again when
it fell down hard. I said before in a couple of blogs ago that
if you are a mid-term investor, this is a wonderful opportunity
to grab the stock at a bargain price. Yes, its price may go down
yet again, but you simply won't know, and I believe you definitely
won't be able to catch the lowest point. You can start to accumulate
it bit by bit. Nobody is telling you to show-hand and pump all the
money into one egg. For the traders, I will be cautious if I want to
contra-trade it for quick bucks. Technically, it is still trying to find
a bottom with the pyschological support of 90cts and the next
support is at 86.5cts.
I will be sticking with the greens today in the stock winners
selection, and sticking with the trailing stops and cuts.
Genting, CH Offshore,Falcon Energy, CWT, PEC,
Epure & YZJ (added).
Winner Stocks: Sinomem, CSE, 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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, February 26, 2010
Thursday, February 25, 2010
Market View 25 February 2010
After Old Ben told the congress that interest rate will
stay low, the market rally on the "good" news.
Dow surged 92 points, S&P 500 added 11points while
Nasdaq gained 22 points. All these market swing may be
not welcomed by some, but it is certainly a sign of greater
thing to come, as once the mood is set, the movement that
follows will be fast and furious.
I was hoping for some serious genuine selling yesterday
morning, but the scale of the fall is still not enough. Most
quality stocks rebounded way too early to my disliking,
as I only managed to caught a couple of them.
Nevertheless, you should still have reasonable profits if you
are in Broadway, Epure, Sinotel, Sinomem, YZJ, Yingli,
CWT, Midas and Ezion, which are all in my winner list.
I saw from another "popular" blog website that was telling
the readers to sell yesterday, but I told my reader to buy and
enjoy the "constructive" wave, and I was proven right.
I see the momentum continuing today with the stocks in my
winners list, and I will add positions in those stocks still on the
run-up. Broadway and CWT is back into the 90s and I certainly
don't see Epure far from entering the region again. Midas is facing
resistance after overcoming the $1 mark, and should consolidate
before another surge-up. In my stock scan yesterday night, I noticed
that Ausgroup has a pretty good chart built-up, and I am watching it
closely for potential entry in the run-up. I am still quite bullish on
Genting, as it should rebound any time. But as always, have a trailing stop
and stop-loss ready, as the wind may turn and it will become a
"destructive" wave.
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
stay low, the market rally on the "good" news.
Dow surged 92 points, S&P 500 added 11points while
Nasdaq gained 22 points. All these market swing may be
not welcomed by some, but it is certainly a sign of greater
thing to come, as once the mood is set, the movement that
follows will be fast and furious.
I was hoping for some serious genuine selling yesterday
morning, but the scale of the fall is still not enough. Most
quality stocks rebounded way too early to my disliking,
as I only managed to caught a couple of them.
Nevertheless, you should still have reasonable profits if you
are in Broadway, Epure, Sinotel, Sinomem, YZJ, Yingli,
CWT, Midas and Ezion, which are all in my winner list.
I saw from another "popular" blog website that was telling
the readers to sell yesterday, but I told my reader to buy and
enjoy the "constructive" wave, and I was proven right.
I see the momentum continuing today with the stocks in my
winners list, and I will add positions in those stocks still on the
run-up. Broadway and CWT is back into the 90s and I certainly
don't see Epure far from entering the region again. Midas is facing
resistance after overcoming the $1 mark, and should consolidate
before another surge-up. In my stock scan yesterday night, I noticed
that Ausgroup has a pretty good chart built-up, and I am watching it
closely for potential entry in the run-up. I am still quite bullish on
Genting, as it should rebound any time. But as always, have a trailing stop
and stop-loss ready, as the wind may turn and it will become a
"destructive" wave.
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, February 24, 2010
Market View 24 February 2010
In overnight trade, "U.S. stocks suffered their biggest
one-day decline in nearly three weeks on Tuesday after
a sharp drop in consumer confidence heightened worries
over one of the most vulnerable areas of the economy.
Dow dropped 101 points, S&P 500 fell 13 points and
Nasdaq slided 29 points. To me, it is the same old story
yet again being played out in the market. Please tell me
something that I don't know. It will be just a correction
sell-off, and we will be back on the road again.
Frankly, I hope that there will be "quality" sell-off today,
whether it is panic selling or genuine sell-off because I believe
it is yet another good opportunity to grab some bargains.
But I can only see a weak opening follow by better-than-morning
closing today, so my trading strategy today will be to nib
some stocks along the way to the greens and add-up if the
volume and wind come in like yesterday afternoon.
Recent market actions only surround just a handful of stocks,
but if you have notice, the selling has slow down, and it seems
like the next "constructive" wave maybe breeding and on its way.
In the pool of reds (if it happened), look out for the greens.
I will be trading guerilla warefare today on Genting, CH Offshore,
Falcon Energy, CWT, PEC, Epure & YZJ (added).
Winner Stocks: Sinomem, CSE, PEC, 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
one-day decline in nearly three weeks on Tuesday after
a sharp drop in consumer confidence heightened worries
over one of the most vulnerable areas of the economy.
Dow dropped 101 points, S&P 500 fell 13 points and
Nasdaq slided 29 points. To me, it is the same old story
yet again being played out in the market. Please tell me
something that I don't know. It will be just a correction
sell-off, and we will be back on the road again.
Frankly, I hope that there will be "quality" sell-off today,
whether it is panic selling or genuine sell-off because I believe
it is yet another good opportunity to grab some bargains.
But I can only see a weak opening follow by better-than-morning
closing today, so my trading strategy today will be to nib
some stocks along the way to the greens and add-up if the
volume and wind come in like yesterday afternoon.
Recent market actions only surround just a handful of stocks,
but if you have notice, the selling has slow down, and it seems
like the next "constructive" wave maybe breeding and on its way.
In the pool of reds (if it happened), look out for the greens.
I will be trading guerilla warefare today on Genting, CH Offshore,
Falcon Energy, CWT, PEC, Epure & YZJ (added).
Winner Stocks: Sinomem, CSE, PEC, 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
Tuesday, February 23, 2010
Market View 23 February 2010
Finally, after all the CNY celebrations and good rest,
and not forgetting the goodies, I am back in stock trading
today. Hope that all my blog readers will Huat big big this
year, and ROAR all the way to the bank! Haha!!
==========================================
Ok, just a recap of what happened in the US market in
overnight trading.
Dow closed lower 19 points, S&P 500 dropped 1 points while
Nasdaq fell 2 points. Stocks were actually positive for most
of the day until the last trading hour when sellings surfaced.
Fed chief Ben Bernanke will be speaking today, and "Investors
are hoping Fed Chairman Ben Bernanke clarifies the Fed's thinking
behind last week's surprising hike in the discount rate that begins
the removal of the extraordinary liquidity that has propped up markets"
Back to our local trading scene...
I received quite many emails over the last few days on
Genting, and whether it is a Buy now, or will it drop further
down. It is actually a Great Sales now on Genting when it fell
below the $1 mark. I see it as a great buying opportunity if you
are a mid-term investor, as you won't see it below $1 for long in
my own personal view. For the traders, you should know that I
simply like those stocks in the 90s region as they have a potential
to be played-up very easily pass the $1 mark again. You should know
what to do when it is near $1.......
Ok, if you are expecting a Big Budget Angpow yesterday, then
frankly, you may not be getting what you wish for. It is quite
a conservative but workable budget, if you ask me. I don't think
the market will react strongly to it as there are no surprises.
I will not be trading aggressive today, but will look for the
greens and follow the winners cautiously.
Focusing on Genting, CH Offshore, Falcon Energy,
CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, 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
and not forgetting the goodies, I am back in stock trading
today. Hope that all my blog readers will Huat big big this
year, and ROAR all the way to the bank! Haha!!
==========================================
Ok, just a recap of what happened in the US market in
overnight trading.
Dow closed lower 19 points, S&P 500 dropped 1 points while
Nasdaq fell 2 points. Stocks were actually positive for most
of the day until the last trading hour when sellings surfaced.
Fed chief Ben Bernanke will be speaking today, and "Investors
are hoping Fed Chairman Ben Bernanke clarifies the Fed's thinking
behind last week's surprising hike in the discount rate that begins
the removal of the extraordinary liquidity that has propped up markets"
Back to our local trading scene...
I received quite many emails over the last few days on
Genting, and whether it is a Buy now, or will it drop further
down. It is actually a Great Sales now on Genting when it fell
below the $1 mark. I see it as a great buying opportunity if you
are a mid-term investor, as you won't see it below $1 for long in
my own personal view. For the traders, you should know that I
simply like those stocks in the 90s region as they have a potential
to be played-up very easily pass the $1 mark again. You should know
what to do when it is near $1.......
Ok, if you are expecting a Big Budget Angpow yesterday, then
frankly, you may not be getting what you wish for. It is quite
a conservative but workable budget, if you ask me. I don't think
the market will react strongly to it as there are no surprises.
I will not be trading aggressive today, but will look for the
greens and follow the winners cautiously.
Focusing on Genting, CH Offshore, Falcon Energy,
CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, 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
Monday, February 22, 2010
No Market View today
Due to some personal commitment, I wasn't able to
provide the market view this morning as I only just
reached home minutes ago.
Sorry for any inconvenience caused.
I will definitely provide the market view tomorrow.
provide the market view this morning as I only just
reached home minutes ago.
Sorry for any inconvenience caused.
I will definitely provide the market view tomorrow.
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