Wall Street ended mixed in overnight trade as
"U.S. stocks edged up on Thursday, with the
benchmark S&P 500 closing at a two-year high,
a trend investors expect to continue through the rest
of the year. The Nasdaq finished higher for the
seventh straight day and closed at its highest level since
December 2007. " Dow down 2 points while S&P 500
rose 5 points and Nasdaq advanced 8 points.
The winner stocks continued to rise yesterday and I
believe that the readers should have benefited from
a few of the recommendations if not all.
Only Sound Global did not really make the move
but it is still on a close-watch.
If you are interested in GLP trading, then look at it
when it break the recent high 2.19 barrier.
Swiber and Ezion had done well this 2 days and
glad to see that a member had made money from the
stocks although he had taken the profits too early.
The resistance and support of the stocks were in
previous postings.
Sector to focus on: Plantation, O&M, Water-treatment & Techs.
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, December 10, 2010
Thursday, December 9, 2010
Market View 9 December 2010
Wall Street edged up in overnight trade as "U.S. stocks
closed slightly higher Wednesday, as a rally in financial
stocks and hopes over the impact of tax cuts offset
concerns about the deficit and a selloff in government bonds."
Dow up 13 points, S&P 500 added 5 points and
Nasdaq advanced 11 points.
Yesterday was another field day for the winners stocks
as they advanced further. Genting closed at the support/resistance
level of 2.18 with further upside seen at 2.26 and supported
at 2.11 The plantation stocks were doing well too with First
Resources and Golden Agri surging further. Their resistance
and support level were at previous posting.
I specifically mentioned 3 stocks yesterday: Ezion, Swiber and
Sound Global, and out of the 3, 2 of them broke out. Ezion
broke out of tight trading range and if the momentum continues
and with strength, it will be heading toward the 74cts resistance.
Swiber look set to break out of the tight range as well and the
next resistance will be at 1.06 With regards to Sound Global,
it will face 87cts resistance head-on. We can further expect that
the O&M sector will be in play and the water-treatment sectors
will be in hot pursue.
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
closed slightly higher Wednesday, as a rally in financial
stocks and hopes over the impact of tax cuts offset
concerns about the deficit and a selloff in government bonds."
Dow up 13 points, S&P 500 added 5 points and
Nasdaq advanced 11 points.
Yesterday was another field day for the winners stocks
as they advanced further. Genting closed at the support/resistance
level of 2.18 with further upside seen at 2.26 and supported
at 2.11 The plantation stocks were doing well too with First
Resources and Golden Agri surging further. Their resistance
and support level were at previous posting.
I specifically mentioned 3 stocks yesterday: Ezion, Swiber and
Sound Global, and out of the 3, 2 of them broke out. Ezion
broke out of tight trading range and if the momentum continues
and with strength, it will be heading toward the 74cts resistance.
Swiber look set to break out of the tight range as well and the
next resistance will be at 1.06 With regards to Sound Global,
it will face 87cts resistance head-on. We can further expect that
the O&M sector will be in play and the water-treatment sectors
will be in hot pursue.
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, December 8, 2010
Market View 8 December 2010
Wall Street ended mixed as "U.S. stocks lost most of
their gains to end near neutral on Tuesday, as a rise in
the dollar amid deficit worries took the steam out of early
enthusiasm over a U.S. deal to extend tax cuts."
Dow was up nearly 90 points at mid-day but ended the
day down 3 points, S&P 500 gained 1 point and
Nasdaq advanced 4 points.
I am sure that many readers had a good trading
day yesterday with so many stocks surging to the roof.
Genting charged pass the 2.11 again and closed at
2.14, quite a good showing and was rewarding as well.
Resistance is at stronghold 2.18
The plantation stocks also had a field day as they
were the really the main focus of the day.
First Resources rose to high of 1.53 before settling
to close at 1.52 with the 1.51 support level just a bid
away. It will face strong resistance at 1.58 level.
If you were watching Golden Agri at the final hour
of trading yesterday, then you would have witnessed
a very exciting tug-of-war battle at the 77cts resistance level.
Heavy bombardment were shelling at the resistance
but it stood strong and when the dust has settled,
the closing was at 77cts. Expect the same scenario today
but the resistance may be breached and it will become
a good support for the "aggressor". It will have next support
at 74cts and resistance at 82cts.
A few readers asked me for other stocks to watch-out for
potential breakout or movement. I noticed a few and they
are Sound Global, Ezion, Swiber. You don't need that many
stocks to make big in the market. Just follow the winners and
you are in good hand.
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
their gains to end near neutral on Tuesday, as a rise in
the dollar amid deficit worries took the steam out of early
enthusiasm over a U.S. deal to extend tax cuts."
Dow was up nearly 90 points at mid-day but ended the
day down 3 points, S&P 500 gained 1 point and
Nasdaq advanced 4 points.
I am sure that many readers had a good trading
day yesterday with so many stocks surging to the roof.
Genting charged pass the 2.11 again and closed at
2.14, quite a good showing and was rewarding as well.
Resistance is at stronghold 2.18
The plantation stocks also had a field day as they
were the really the main focus of the day.
First Resources rose to high of 1.53 before settling
to close at 1.52 with the 1.51 support level just a bid
away. It will face strong resistance at 1.58 level.
If you were watching Golden Agri at the final hour
of trading yesterday, then you would have witnessed
a very exciting tug-of-war battle at the 77cts resistance level.
Heavy bombardment were shelling at the resistance
but it stood strong and when the dust has settled,
the closing was at 77cts. Expect the same scenario today
but the resistance may be breached and it will become
a good support for the "aggressor". It will have next support
at 74cts and resistance at 82cts.
A few readers asked me for other stocks to watch-out for
potential breakout or movement. I noticed a few and they
are Sound Global, Ezion, Swiber. You don't need that many
stocks to make big in the market. Just follow the winners and
you are in good hand.
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, December 7, 2010
Market View 7 December 2010
Wall Street ended mixed as "stocks on Monday ended
a three-day winning streak, hampered by worries about
Europe’s ability to stem a spreading debt crisis, with losses
limited by strength in tech stocks." Dow lost 20 points,
S&P 500 down 2 points while Nasdaq advanced 3 points.
Yesterday, the main focus had been Genting and the
plantation stocks that I have mentioned numerous times.
Genting closed below the 2.11 resistance again after surging
to high of 2.14 It will test it again today and with so many
positions stuck at higher price on top, it will really require
great volume and buying to propel it to the next resistance
at 2.18
First Resources did remarkably well yesterday and it appears
that 1.51 resistance may be tested soon with supporting forces
gathering at the 1.44 level. Golden Agri is likely to face strong
resistance at 77cts and it is pretty near to the support at 73cts.
I am quite disappointed with GLP's performance and I had
caused readers' losses from the counter. Please have a cut-loss
level if you are not able to weather the storm now. It will once again
be very attractive near the 2.25 level in my opinion.
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
a three-day winning streak, hampered by worries about
Europe’s ability to stem a spreading debt crisis, with losses
limited by strength in tech stocks." Dow lost 20 points,
S&P 500 down 2 points while Nasdaq advanced 3 points.
Yesterday, the main focus had been Genting and the
plantation stocks that I have mentioned numerous times.
Genting closed below the 2.11 resistance again after surging
to high of 2.14 It will test it again today and with so many
positions stuck at higher price on top, it will really require
great volume and buying to propel it to the next resistance
at 2.18
First Resources did remarkably well yesterday and it appears
that 1.51 resistance may be tested soon with supporting forces
gathering at the 1.44 level. Golden Agri is likely to face strong
resistance at 77cts and it is pretty near to the support at 73cts.
I am quite disappointed with GLP's performance and I had
caused readers' losses from the counter. Please have a cut-loss
level if you are not able to weather the storm now. It will once again
be very attractive near the 2.25 level in my opinion.
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, December 6, 2010
Market View 6 December 2010
Somehow I don't know how did I manage
to spend the weekend without doing anything
productive and rewarding other than spending
quality time with my love ones. I believe that
even if you have all the world fortune in your
palm but you can only enjoy it alone, then it will
be meaningless and useless in my opinion.
To me, a good family relationship is key to rewarding
trading although I do know of some loner traders
performing decently well too, but that is not my
belief and idea to stock trading.
Well...getting back to stock trading now.
Genting had a good run last Friday but still
closed below the resistance of 2.11 It will definitely
test it again and the next resistance stands at the
all-important 2.18
GLP's resistance is still the same as 2.25 although it
will really require a strong volume and strength to
break it.
The palm oil stocks are still doing well and the
resistance level had been much documented in my
previous postings.
Some readers asked me whether I will close my book
and go for holiday in December? No, I am not going anywhere
this month and will sit out the month together with my
trusty computer. :-) Some readers commented that it is
quite boring to trade nowadays but it is not exactly the same
case to me. If you notice, I only stick to stocks that will surely
have liquidity and momentum to be in it.
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
to spend the weekend without doing anything
productive and rewarding other than spending
quality time with my love ones. I believe that
even if you have all the world fortune in your
palm but you can only enjoy it alone, then it will
be meaningless and useless in my opinion.
To me, a good family relationship is key to rewarding
trading although I do know of some loner traders
performing decently well too, but that is not my
belief and idea to stock trading.
Well...getting back to stock trading now.
Genting had a good run last Friday but still
closed below the resistance of 2.11 It will definitely
test it again and the next resistance stands at the
all-important 2.18
GLP's resistance is still the same as 2.25 although it
will really require a strong volume and strength to
break it.
The palm oil stocks are still doing well and the
resistance level had been much documented in my
previous postings.
Some readers asked me whether I will close my book
and go for holiday in December? No, I am not going anywhere
this month and will sit out the month together with my
trusty computer. :-) Some readers commented that it is
quite boring to trade nowadays but it is not exactly the same
case to me. If you notice, I only stick to stocks that will surely
have liquidity and momentum to be in it.
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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