All 3 major US indices closed in the green in overnight
trades, with Dow up 47 points, S&P 500 gained 4 points
and Nasdaq added 12 points. Market was cheered-up by
"better-than-expected monthly sales from retailers and
a drop in the number of Americans filing claims for jobless
benefits pointed to stabilization in the economy."
Ok, now that Genting had breached the important support
level of 86.5cts, what's next?
Like what I have stated 2 days ago, the next support is at
80.5-81cts level which is quite near as it closed at 84.5cts
yesterday. If it rebound now, then the previous 86.5cts support
level will become a strong resistance now. I believe there will
be a consolidation of stock price with Genting before any
"reasonable" charge-up will take place. This is not a stock
for any faint-hearted trader, and you may get wipe-out if
you anyhow jump in for any thought of quick bucks.
For the time being, I would rather use my ammo on other
potential movers like the Water stocks, Epure and Sinomem
that i mentioned yesterday. Looking closely at CSE, CWT, Sinotel
and PEC as well, and it should be enough for some friday trades.
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, March 5, 2010
Thursday, March 4, 2010
Market View 4 March 2010
US indices closed mixed with Dow and Nasdaq closing
in the red while S&P 500 edged up slightly. Dow lost
9 points after surging about 70 points initially,
Nasdaq fell by 0.1 points and S&P 500 gained 0.5 points.
Heathcare stocks and sector pressurised the market,
as "Pfizer Inc, the world's largest drugmaker, fell 1.6 percent
after its Alzheimer's drug did not meet the main goals of a
late-stage clinical trial, weighing on the Dow industrials."
No clear indication yet, but the employment data is still
the main focus for the week.
Our market will open little change or slightly bearish bias
today, but I certainly don't foresee any drastic downside
movement. Genting's major support level of 86.5cts remains
to be tested yet again today, but it shouldn't matters to the
traders as they will look at it when it surpass 92cts.
The 2 water stock Epure and Sinomem are looking lively,
and should continue to stay this way with the momentum intact.
I will continue to trade the winner stocks when it is green.
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
in the red while S&P 500 edged up slightly. Dow lost
9 points after surging about 70 points initially,
Nasdaq fell by 0.1 points and S&P 500 gained 0.5 points.
Heathcare stocks and sector pressurised the market,
as "Pfizer Inc, the world's largest drugmaker, fell 1.6 percent
after its Alzheimer's drug did not meet the main goals of a
late-stage clinical trial, weighing on the Dow industrials."
No clear indication yet, but the employment data is still
the main focus for the week.
Our market will open little change or slightly bearish bias
today, but I certainly don't foresee any drastic downside
movement. Genting's major support level of 86.5cts remains
to be tested yet again today, but it shouldn't matters to the
traders as they will look at it when it surpass 92cts.
The 2 water stock Epure and Sinomem are looking lively,
and should continue to stay this way with the momentum intact.
I will continue to trade the winner stocks when it is green.
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
Wednesday, March 3, 2010
Market View 3 March 2010
It is the same old story happening in the US, with
the Dow advancing to as high as 50 points before fading
off late in the day and closed up 2 points. S&P 500
advanced 3 points and Nasdaq gained 7 points. We will
have an important employment data coming out at the
end of the week, and all eyes will be on its outcome.
It is looking to be an exciting closing toward the week.
I received a Skype message from a reader that I "copied"
the trading strategy on Genting from another "well-known"
blog VXGo and its self-proclaimed trainer. I was quite shocked
and surprised with such accusation and went to the site immediately.
After I read his posting, I realised that he only commented on
Genting's movement on 28th February while I started my comment
on 23 February, and my more detailed view was on the 26 February
posting. Yes, we came out with the same view that the strong and
important support level is at 86.5cts, but I certainly stated this
figure days before the other site.
Ok, now that Genting had touched 86.5cts support level and
closed at 87 yesterday, what's next for this stock?
From the chart view, if 86.5cts is breached, by that I mean
it close below 86.5cts, the next support level is at 80.5-81cts.
Is it possible that Genting will drop to that "low"?
Anything is possible in the stock market, and we just need to
be prepared for every and any possible scenario, although
I feel that supporting hand should be out very soon.
As an investor, I will take this great opportunity to grab this
"infant" stock which once it is pass the initial "restless and troubled"
stage, it will be going for the strong growth stage.
For the trader, I stick to my view that contra position should only
be done when it is pass 92cts.
I continue to see that we will be having a good trading week,
and will trade the winner stocks when it is green.
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
the Dow advancing to as high as 50 points before fading
off late in the day and closed up 2 points. S&P 500
advanced 3 points and Nasdaq gained 7 points. We will
have an important employment data coming out at the
end of the week, and all eyes will be on its outcome.
It is looking to be an exciting closing toward the week.
I received a Skype message from a reader that I "copied"
the trading strategy on Genting from another "well-known"
blog VXGo and its self-proclaimed trainer. I was quite shocked
and surprised with such accusation and went to the site immediately.
After I read his posting, I realised that he only commented on
Genting's movement on 28th February while I started my comment
on 23 February, and my more detailed view was on the 26 February
posting. Yes, we came out with the same view that the strong and
important support level is at 86.5cts, but I certainly stated this
figure days before the other site.
Ok, now that Genting had touched 86.5cts support level and
closed at 87 yesterday, what's next for this stock?
From the chart view, if 86.5cts is breached, by that I mean
it close below 86.5cts, the next support level is at 80.5-81cts.
Is it possible that Genting will drop to that "low"?
Anything is possible in the stock market, and we just need to
be prepared for every and any possible scenario, although
I feel that supporting hand should be out very soon.
As an investor, I will take this great opportunity to grab this
"infant" stock which once it is pass the initial "restless and troubled"
stage, it will be going for the strong growth stage.
For the trader, I stick to my view that contra position should only
be done when it is pass 92cts.
I continue to see that we will be having a good trading week,
and will trade the winner stocks when it is green.
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
Tuesday, March 2, 2010
Market View 2 March 2010
Ok, I am late to post for the market view today so I
will dive straight into the local trading view.
Many will be asking the question that whether they
should go into Genting now that it had rebound from
low, and closed at 91cts yesterday. Actually, if you are
an investor, the fact is that you should already be in the
stock when it was trading below 90cts, and it is also likely
that you bought them when it was below $1. My view is that
once it is pass the current turbulence, it will go back to the
normal path. For the trader, in my own trade, I will only look
at it above 92cts. If you ask me why, I will tell you that it is
what my chart is showing me.
Many other stocks are looking attractive for trades now, we
have the water stocks Epure and Sinomem on the move.
The offshore stocks are doing decently well lately, and the trend
is likely to continues. Sinotel had woke up from its sleep, and is
once again attracting lots of interest aka trading volume.
Broadway, CWT and CSE Global is in the 90s and the $1 mark
is just ahead, can they reach it?
I don't see why this is not going to be a great trading profits
week, but you still need to have the "protection" mechanism
ready. Keep your cut-loss and trailing stops ready, and enjoy
the surges.
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
will dive straight into the local trading view.
Many will be asking the question that whether they
should go into Genting now that it had rebound from
low, and closed at 91cts yesterday. Actually, if you are
an investor, the fact is that you should already be in the
stock when it was trading below 90cts, and it is also likely
that you bought them when it was below $1. My view is that
once it is pass the current turbulence, it will go back to the
normal path. For the trader, in my own trade, I will only look
at it above 92cts. If you ask me why, I will tell you that it is
what my chart is showing me.
Many other stocks are looking attractive for trades now, we
have the water stocks Epure and Sinomem on the move.
The offshore stocks are doing decently well lately, and the trend
is likely to continues. Sinotel had woke up from its sleep, and is
once again attracting lots of interest aka trading volume.
Broadway, CWT and CSE Global is in the 90s and the $1 mark
is just ahead, can they reach it?
I don't see why this is not going to be a great trading profits
week, but you still need to have the "protection" mechanism
ready. Keep your cut-loss and trailing stops ready, and enjoy
the surges.
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, 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
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
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