Wall Street continued to climb higher as
" stocks rose on low volume on Thursday as data
showed improvement in housing and the job market
a day ahead of the critical monthly payrolls figures.
Investors built on Wednesday's sharp advance as
indicators provided the latest reason for optimism the
economy could avoid another downturn.
But the nascent rally could be derailed if Friday's jobs
data disappoints investors."
Dow rose 51 points, S&P 500 added 10 points and
Nasdaq advanced 23 points.
Genting hit a high of 1.83 before profit-taking took
place and went to close at 1.76 It is going to be
interesting for the stock at it is currently stucked
at the middle of the trading range. 1.83 will be a
strong resistance and 1.70 will provide the needed
support if it is being "called".
Today is Friday, and I won't be playing show-hand
but it will be cautious tradings, if any. Look out
for the 90s stocks charging up, like CSE, PEC,
Swiber.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
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, September 3, 2010
Thursday, September 2, 2010
Market View 2 September 2010
Wall Street soared on overnight trade as it
post "its best day in eight weeks, as investor
mood brightened after better-than-expected
factory data from the United States and China."
Dow surged 255 points or 2.5%, S&P 500
gained 31 points or 3% and Nasdaq advanced
63 points or 3%.
This is getting very interesting. With the US
surging, our market will definitely open brightly
today, and for me it is another sell-on-rally day.
I am still pretty negative about Wall Street as
to me, such a rally is still 昙花一现, 回光返照.
I will take this wonderful opportunity to sell off
the contras, and I hope that most stocks will
gap up, especially my favourite Genting.
Genting closed on a high note yesterday, and I have
a few readers asking me when will the surge end
and how high it can go from now. Seriously, I can't tell
how high it will go, but I do know that its surge is
becoming a steep on the chart, and we all know that
the steeper the movement, the harder it will fall
after it has reached the peak. Take this great chance
to take profits along the way if you have Genting
in your contra trades.
Other than Genting, I am having the view that there
will be a few stocks in the 90s that will be heading
toward the $1 mark. Stocks like CSE Global and PEC
looks very likely to be this way. Remember to take
profits along the way, and for goodness sake and
your own sake, please have a cut-loss level in case
anything drastic happens.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
post "its best day in eight weeks, as investor
mood brightened after better-than-expected
factory data from the United States and China."
Dow surged 255 points or 2.5%, S&P 500
gained 31 points or 3% and Nasdaq advanced
63 points or 3%.
This is getting very interesting. With the US
surging, our market will definitely open brightly
today, and for me it is another sell-on-rally day.
I am still pretty negative about Wall Street as
to me, such a rally is still 昙花一现, 回光返照.
I will take this wonderful opportunity to sell off
the contras, and I hope that most stocks will
gap up, especially my favourite Genting.
Genting closed on a high note yesterday, and I have
a few readers asking me when will the surge end
and how high it can go from now. Seriously, I can't tell
how high it will go, but I do know that its surge is
becoming a steep on the chart, and we all know that
the steeper the movement, the harder it will fall
after it has reached the peak. Take this great chance
to take profits along the way if you have Genting
in your contra trades.
Other than Genting, I am having the view that there
will be a few stocks in the 90s that will be heading
toward the $1 mark. Stocks like CSE Global and PEC
looks very likely to be this way. Remember to take
profits along the way, and for goodness sake and
your own sake, please have a cut-loss level in case
anything drastic happens.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Wednesday, September 1, 2010
Market View 1 September 2010
Wall Street ended mixed on the last trading
in August as "stocks ended little changed in
choppy trading on Tuesday, closing out an August
the bulls would like to forget."
Dow up 5 points, S&P 500 added 0.41
points while Nasdaq lost 6 points.
Yesterday, after publishing "negative" comments
about the US economy and worldwide market,
I received a handful of feedback. Some complained
that I sounded so scary, and it is like the silent before
the storm. I have to state that yesterday's comment
and market views are just my personal forecast
and assessment of the market, and it may or may not
happen. And if it really happens, at least, you have
been pre-informed already, or you can just "left-ear-in
right-ear-out" and ignore and forget what I said.
A few readers asked that am I trying to say that
one shouldn't trade the market now and just simply
wait for the correction to happen before taking any
action. If only interpreting the market action and trading
is so plainly simply and straight-forward. I am not saying
that you can't trade in the market, but just have a
cautious and alert stance when you are doing any trade.
I do still trade in the market but the transaction volume
is definitely lower, and I will take profits along the way.
I don't go for home-run now, I go for simple tab-and-go
nowadays with those continue-to-be hot stocks like
Genting and YZJ.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
in August as "stocks ended little changed in
choppy trading on Tuesday, closing out an August
the bulls would like to forget."
Dow up 5 points, S&P 500 added 0.41
points while Nasdaq lost 6 points.
Yesterday, after publishing "negative" comments
about the US economy and worldwide market,
I received a handful of feedback. Some complained
that I sounded so scary, and it is like the silent before
the storm. I have to state that yesterday's comment
and market views are just my personal forecast
and assessment of the market, and it may or may not
happen. And if it really happens, at least, you have
been pre-informed already, or you can just "left-ear-in
right-ear-out" and ignore and forget what I said.
A few readers asked that am I trying to say that
one shouldn't trade the market now and just simply
wait for the correction to happen before taking any
action. If only interpreting the market action and trading
is so plainly simply and straight-forward. I am not saying
that you can't trade in the market, but just have a
cautious and alert stance when you are doing any trade.
I do still trade in the market but the transaction volume
is definitely lower, and I will take profits along the way.
I don't go for home-run now, I go for simple tab-and-go
nowadays with those continue-to-be hot stocks like
Genting and YZJ.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Tuesday, August 31, 2010
Market View 31 August 2010
Wall Street fell in overnight trade as
"Stocks fell in the year's lightest volume on
Monday as worries about the pace of economic
recovery overshadowed data showing a rise in
consumer spending and income."
Dow fell 141 points to close at 10009 points,
S&P 500 lost 16 points and Nasdaq dropped
34 points.
In my opinion, Wall Street is heading toward
a major correction which I will not be surprise
if it lands below the 9000 points soon. Any slight
rebound these days is a good chance to sell
stocks and be prepared for the worst to follow.
US is sick and is in critical condition, and the
fragile economy and financial news and facts
will be a good "reason" behind any sell-off.
I believe that any good news from Wall Street
will be just delaying the imminent fall and
is just 昙花一现, 回光返照.
But don't worry, Obama and Bernanke will
definitely do whatever to rescue the situation
and continue to printing the dollar that will do
the job temporarily. To me, it is not whether the
fall will come but it is a matter of when it will
come and how serious is the scale. And to
answer my question, I will leave it to Mr Market
and Mr Hedge Fund to do their job.
For those who think that Asia markets in particularly
China will be decoupled from the US crash, you have
to think again. If Uncle Sam is having a flu, the whole
worldwide economy and market will feel the
impact and some will react even worse.
I maybe proven wrong and I am prepared to
be wrong, but this is how I feel about the US
market now. The above-mentioned views are purely
my own, and this is not a recommendation or advice
to start to throw and sell your holdings and stocks.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
"Stocks fell in the year's lightest volume on
Monday as worries about the pace of economic
recovery overshadowed data showing a rise in
consumer spending and income."
Dow fell 141 points to close at 10009 points,
S&P 500 lost 16 points and Nasdaq dropped
34 points.
In my opinion, Wall Street is heading toward
a major correction which I will not be surprise
if it lands below the 9000 points soon. Any slight
rebound these days is a good chance to sell
stocks and be prepared for the worst to follow.
US is sick and is in critical condition, and the
fragile economy and financial news and facts
will be a good "reason" behind any sell-off.
I believe that any good news from Wall Street
will be just delaying the imminent fall and
is just 昙花一现, 回光返照.
But don't worry, Obama and Bernanke will
definitely do whatever to rescue the situation
and continue to printing the dollar that will do
the job temporarily. To me, it is not whether the
fall will come but it is a matter of when it will
come and how serious is the scale. And to
answer my question, I will leave it to Mr Market
and Mr Hedge Fund to do their job.
For those who think that Asia markets in particularly
China will be decoupled from the US crash, you have
to think again. If Uncle Sam is having a flu, the whole
worldwide economy and market will feel the
impact and some will react even worse.
I maybe proven wrong and I am prepared to
be wrong, but this is how I feel about the US
market now. The above-mentioned views are purely
my own, and this is not a recommendation or advice
to start to throw and sell your holdings and stocks.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Monday, August 30, 2010
Market View 30 August 2010
I have to rush off early morning last Friday to
settle some personal issues with Mr Market
and was unable to do a write-up of the
Market View. Sorry for any inconvenience
caused.
=============================================================================
Wall Street surged on Friday trading as
"Stocks rebounded to post their best gains in
nearly four weeks on Friday, overcoming initial
skittishness brought on by a revenue warning from
Intel and dour comments from Federal Reserve
Chairman Ben Bernanke."
Dow surged 165 points, S&P 500 gained 17
points and Nasdaq advanced 35 points.
Is the US market really to rosy as shown?
I beg to differ, and I will try to produce a
write-up on my own opinion and view about
the US market, and the impact it will cast
on the other markets today.
Last week, I told some readers on skype that
PEC is a stock that should be priced above
$1 given its fundamental and my technical view.
After the result was announced, PEC indeed
surge high and will likely be able to test the
96cts resistance soon. Its support will be at
87cts and it will be strongly maintained.
Genting will have 1.64 as the next resistance
and 1.57 as the support. It is likely to trade
in range. Another stock I will be focusing is
Longcheer which announced result last Friday.
It should have a post-result play-up and I will
seek to benefit from such a surge.
Stocks will open on a high note today, but it may
not last through the day, so I will keep the profits
with a trailing stop.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
settle some personal issues with Mr Market
and was unable to do a write-up of the
Market View. Sorry for any inconvenience
caused.
=============================================================================
Wall Street surged on Friday trading as
"Stocks rebounded to post their best gains in
nearly four weeks on Friday, overcoming initial
skittishness brought on by a revenue warning from
Intel and dour comments from Federal Reserve
Chairman Ben Bernanke."
Dow surged 165 points, S&P 500 gained 17
points and Nasdaq advanced 35 points.
Is the US market really to rosy as shown?
I beg to differ, and I will try to produce a
write-up on my own opinion and view about
the US market, and the impact it will cast
on the other markets today.
Last week, I told some readers on skype that
PEC is a stock that should be priced above
$1 given its fundamental and my technical view.
After the result was announced, PEC indeed
surge high and will likely be able to test the
96cts resistance soon. Its support will be at
87cts and it will be strongly maintained.
Genting will have 1.64 as the next resistance
and 1.57 as the support. It is likely to trade
in range. Another stock I will be focusing is
Longcheer which announced result last Friday.
It should have a post-result play-up and I will
seek to benefit from such a surge.
Stocks will open on a high note today, but it may
not last through the day, so I will keep the profits
with a trailing stop.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
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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