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Thursday, March 11, 2010

No Market View on 12 March 2010

There will be no Market View on tomorrow 12 March 2010,
as I will be tied-up with something which may stretch till
late afternoon.
No, I am not giving any seminar whatsoever, it is just personal
matters.
Market View will resume next Monday 15 March 2010.

Market View 11 March 2010

Once again, all 3 major US indexes ended in the
green after a good performance by the banks and
technology stocks "on hopes a revival in business
demand will boost corporate profits" Dow added
3 points, S&P 500 gained 5 points, while Nasdaq up
for a straight fifth day with a 18 points surge.
I wrote in the beginning of the year that I am sticking
my head out that there will be Tech rally this year,
and my head is still with me now, and I am holding
on to this view strongly. The issue now is when will
the tech wave hit our market?

Many retail readers should have gained some profits
over the last few days, and should remember to apply the
trailing stop for the winner stocks. CWT had surpass the
$1 mark and stands at $1.02 now. It should consolidate
around 1.01-1.02 before proceeding with the charge-up.
Should it fall below $1, then it will be back to square one again.
Genting closed at 94cts yesterday, and many readers should
have at least gained some Starbucks coffee $$, and 92cts will
be the support that it can't break down again. Epure's momentum
is not over, and the 91cts support level will prove hard to break.

Yesterday the plantation stocks were quite lively as we saw
gains from Indoagri, First Resources and Golden Agri.
The rotational play may have switched to the commodities
but this is one play that is like the muscial chair, only this
time the person left behind is the loser carrying the baby.
Be swift and alert when you are dealing with the commodities
as the players behind are shrewd and smart, and I won't comment
further.

I am particularly interested in 3 stocks today which is Sinomem, PEC
and Sinotel, which did not participate much in the recent run-up,
but their chart are pointing to a breakout. Watch them and
when the wind comes, grab some and enjoy the surge with
a cut and trailing stop. We may see some weakness in today morning
but it will be back soon.

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 10, 2010

Market View 10 March 2010

Wall Street advanced in overnight although there
is a lack of market-driven news. Dow gained 12 points,
S&P 500 added 2 points and Nasdaq surged 8 points.
"The U.S. economy is slowly recovering from the worst
economic downturn since the 1930s, with the latest data
showing the economy may be on the verge of creating jobs
and a majority of companies reporting stronger-than-expected
earnings." In my view, we will still see a good performance for
the market for the next 3 months or so, but I can't say that for
the 2nd half of 2010.

A few of the readers profited from the CWT surge last
couple of days, and emailed me to inform me. Congrats to
them with CWT now standing at the $1 mark, so what's next?
I believe they should have got it at a good price, so now
just enjoy the surge with a trailing stop and you will be fine.
Never...never let a profit turnaround and become a loss.
It is very demoralising and devastating to ones trading, and
it will lingers in your mind for a very long time.

Genting once again stopped at the 92cts mark and closed
at 91.5cts yesterday. It will once again test the 92cts mark,
and should it break cleanly above it, then we will likely see
it move to the next box, if you know what I mean.
There are other stocks in the 90s that are as good if not
better trading target other than Genting. We have CSE Global
at 95.5cts, Epure at 92cts, and even Broadway at 89cts,
a stone-throw from the 90s.

Some readers commented that I only give stock calls but
no entry and exit price like some other blogs. I told them to
contact me with Skype so that I can give them more timely
and powerful advice rather than I just gave what I saw in
the chart yesterday. The market and stocks change rapidly,
so should be our trades. Skype me, talk to me, ask me questions,
hear trading stories, and even rumours and noises.

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 9, 2010

Market View 9 March 2010

Wall Street closed mixed in overnight trade,
with Dow and S&P 500 in the red, while Nasdaq
march on. Dow lost 14 points, S&P 500 slipped 0.2 points,
while Nasdaq advanced 6 points. Technology stocks
upgrades push the Nasdaq higher. Trading volume
was light, but it is still a reasonable performance giving
last week's strong surge.

Yesterday was the International Women's Day, and
we have a good run-up with many stocks giving reasonable
and some indecent profits. The stocks that I specifically
mentioned performed well, and we can see that Epure added
4cts, CSE Global advanced 2.5 cts, CWT added 1.5 cts.
Their momentum is still strong, and any profit-taking will
be short and mild, with strong rebound following.

These days, I can't miss out commenting about Genting
in the market view, as it is always the most talk-about and
ask-about stock in the emails and skype messages I received.
Genting closed exactly at 92cts yesterday after surging high
in early trading, and there is reason why it close this way.
I can only say that 92cts will be tested again and again,
but its rebound from recent low have been strong and
it is not over yet.

At the moment, water stocks Epure & Sinomem are still
performing decently,and we have CSE Global and CWT very very
close to the $1 mark, which should triggered a pump-up.
I will continue to trade the winner stocks when it is green.
Genting, Falcon Energy, CSE Global, CWT, PEC, Epure,
Sinomem & YZJ .
Winner Stocks: Ezion, Swiber,CH Offshore, 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, March 8, 2010

Market View 8 March 2010

Today is International Women's Day, and I wish all
the women a Happy Women's Day. I do know that
there are quite a number of woman readers, and I have
personally email and skype a couple of them, so enjoy
this wonderful day. I would like to thank my wife and
mother for their loves, and without them, I can't imagine
where I will be.
=========================================

Just a recap of what happened to US market in last
friday trading: All 3 major indexes rose more than 1%,
with Dow surged 122 points or 1.2%, S&P 500 added
16 points or 1.4%, Nasdaq gained 34 points or 1.5%.
The labour employment data was encouraging, and
this week's retail sales figure and March consumer
sentiment will be well-watched by the market and reatilers.

Last friday's local super-star stock must be Genting
in all aspects, as it rose from low to close at 90.5cts
up 6 cts. Many readers asked me about its movement
over email and skype, and I told them what I know about
the stock. If you read the "official" newspaper, the "official"
explanation was that Universal Studios theme park will open
on March 18, and the traders leapt into the stock on the hope
that the company will show a profit this year.

This is what I told the readers in email and skype: Genting
Singapore have been added to the FTSE Asia ex Japan index.
Traders like this inclusion news and pump up the stock
pass the 86.5cts support-turn-resistance level. For those who
know what I am saying, Genting is now trading in the 86.5-92
box, and watch out if it breakout of this region.

Stocks will open brightly today, and it is likely to continue throughout
unless drastic happening in China and HK derails the movement.
US futures may cause some "disturbances" to the market, but at
the time of writing, it is still in the green.
The water stocks Epure & Sinomem are still performing decently,
and we have CSE Global and CWT very close to the $1 mark, which
should triggered a pump-up.
I will continue to trade the winner stocks when it is green.
Genting, Falcon Energy, CSE Global, CWT, PEC, Epure, Sinomem & YZJ .
Winner Stocks: Ezion, Swiber,CH Offshore, 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

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.

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