I wasn't able to write a Market Review yesterday
due to last minute commitment to an unforseen
happening, so I am sorry for any inconvenience
caused by my absence.
Today is the last trading day of the year and I would
say it had been a wonderfully exciting year for me.
I believe many readers will agree with me on this note.
The market had been pretty kind this year and the
rewards and returns from stock trading and investing
had been impressive for some and decent to others.
Will TY(trading year)2011 be equally rewarding or
even more superb returns are waiting for us?
I believe it will be the same if not better next year.
Give me a few more days and I will produce a more
detail view on what 2011 is going to be in my own
personal view and how it will impact you and me.
I will not be doing any trade today as I have close
my book yesterday. Most of my positions will be
carried forward to next year in anticipation of a
succulent January rally if it should happen. And
because I did not trade today I will also not give
any trading analysis to any stocks today.
Anyway, we have just a half trading day today.
In respond to some readers' request, I will launch another
2 blogs next year and they are on IPOs and Stock Investment.
I will provide their website soon when they are ready to
face the readers and the world.
To end, I wish all readers "Happy New Year and
a very Profitable and Rewarding year 2011 to come!!!"
-------------------------------------------------------------------------------------------------------------------------
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 31, 2010
Wednesday, December 29, 2010
Market View 29 December 2010
I will dive into local trading view for today since
I somehow missed my alarm but it's quite OK
as I have done all the homework the previous night.
Trading volume increased yesterday as positions were
taken up in anticipation of a good year-end rally and
a follow-through into the new year. I have also taken
positions in various counters but as what I told the
readers in Skype, it is more for short-mid period
and not necessarily for contra play. Those stocks
that I keep mentioning will be the main focus in
any rally, so if you have them and can hold them
for a while, you will be rewarded with good price
range play-up.
Genting surged past the 2.18 resistance level yesterday
and closed up 7cts at 2.19 My view is that it will
continue to move within the 2.18 level while
storing enough ammunition to launch another charge
toward the 2.25 next resistance level with 2.20
as the initial psychological resistance point. It has move
into the 2.11-2.18-2.25 region currently.
The palm oil counters also did well yesterday with First
Resources adding another 3cts to close at 1.56
The next resistance will be 1.60 and 1.63 with 1.51
as the nearest support level. Golden Agri also
up 2cts at 79.5cts after touching the 80cts mark.
I mentioned that the stocks will be in the 80s last week
and it indeed came true. It will next face 82cts resistance
first and 86cts next if the momentum continues.
Support level will be seen at 77cts
Last week, I mentioned a few Tech stocks and ECS was
one of them. It surged 5.5cts on a reasonably higher volume
after the news that it is going for a dual listing in Taiwan
emerged after the trading halt. From the chart, it is looking
toward the 87cts resistance level next and 92cts as the
major resistance. Watch out for Ezion as well and as long
as it is above the 68cts support, it should be able to move
toward the 74cts target.
The main thing to look for in the current market is Trading
Volume as shown in recent trading days.
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
I somehow missed my alarm but it's quite OK
as I have done all the homework the previous night.
Trading volume increased yesterday as positions were
taken up in anticipation of a good year-end rally and
a follow-through into the new year. I have also taken
positions in various counters but as what I told the
readers in Skype, it is more for short-mid period
and not necessarily for contra play. Those stocks
that I keep mentioning will be the main focus in
any rally, so if you have them and can hold them
for a while, you will be rewarded with good price
range play-up.
Genting surged past the 2.18 resistance level yesterday
and closed up 7cts at 2.19 My view is that it will
continue to move within the 2.18 level while
storing enough ammunition to launch another charge
toward the 2.25 next resistance level with 2.20
as the initial psychological resistance point. It has move
into the 2.11-2.18-2.25 region currently.
The palm oil counters also did well yesterday with First
Resources adding another 3cts to close at 1.56
The next resistance will be 1.60 and 1.63 with 1.51
as the nearest support level. Golden Agri also
up 2cts at 79.5cts after touching the 80cts mark.
I mentioned that the stocks will be in the 80s last week
and it indeed came true. It will next face 82cts resistance
first and 86cts next if the momentum continues.
Support level will be seen at 77cts
Last week, I mentioned a few Tech stocks and ECS was
one of them. It surged 5.5cts on a reasonably higher volume
after the news that it is going for a dual listing in Taiwan
emerged after the trading halt. From the chart, it is looking
toward the 87cts resistance level next and 92cts as the
major resistance. Watch out for Ezion as well and as long
as it is above the 68cts support, it should be able to move
toward the 74cts target.
The main thing to look for in the current market is Trading
Volume as shown in recent trading days.
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 28, 2010
Market View 28 December 2010
Wall Street closed mixed as "U.S. stocks ended
mixed in post-holiday trading Monday, with American
International Group Inc. lifting financials, while the
Dow Jones Industrial Average continued its retreat
from a 26-month high."
Dow fell 19 points, S&P 500 added 1 points and
Nasdaq advanced 2 points.
I have been taking easy for the last 2 weeks with
few trades and mostly on stocks which I intended
to hold on till the new year for any Capricorn effect
to take place. We should be able to see the market
moving higher after the New year with the market
players coming back to the trading positions. It will
be volatile in January but somehow in the choppy
water, there are big rewards waiting for those who
dare to the plunge.
Most of the stocks that I mentioned were still hovering
around the price region that I mentioned and with that
I will not comment further. The only thing that can spur
me up again is a sell-off right now this week as it will be
another wonderful time to load up some bargains, but I
doubt it will happen. Volume will continue to be low with
the masses coming from Genting and the commodities stocks.
I will do a write-up on what I see in 2011 trading scene this
weekend while we are having a New Year celebration,
and also do a review on what happen in trading year 2010.
It is going to be another interesting and rewarding 2011
from what I can see in my crystal ball.
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
mixed in post-holiday trading Monday, with American
International Group Inc. lifting financials, while the
Dow Jones Industrial Average continued its retreat
from a 26-month high."
Dow fell 19 points, S&P 500 added 1 points and
Nasdaq advanced 2 points.
I have been taking easy for the last 2 weeks with
few trades and mostly on stocks which I intended
to hold on till the new year for any Capricorn effect
to take place. We should be able to see the market
moving higher after the New year with the market
players coming back to the trading positions. It will
be volatile in January but somehow in the choppy
water, there are big rewards waiting for those who
dare to the plunge.
Most of the stocks that I mentioned were still hovering
around the price region that I mentioned and with that
I will not comment further. The only thing that can spur
me up again is a sell-off right now this week as it will be
another wonderful time to load up some bargains, but I
doubt it will happen. Volume will continue to be low with
the masses coming from Genting and the commodities stocks.
I will do a write-up on what I see in 2011 trading scene this
weekend while we are having a New Year celebration,
and also do a review on what happen in trading year 2010.
It is going to be another interesting and rewarding 2011
from what I can see in my crystal ball.
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 27, 2010
Market View 27 December 2010
After all the party celebration and turkey and logcake
feasting, we are back to stock trading again. On Christmas
day, China gave us a "GREAT" present as it hiked its
lending rate by 0.25% to 5.81%, the second rise in just
over two months. Will this move impact any potential
year-end dressing rally if it happens?
Market is likely to be quiet this final week of 2010, but
we should still be able to see a decent dress-up.
Nevertheless, we should always expect the unexpected
and be prepared for anything.
Those winner stocks that I mentioned are still hovering
around the support and resistance level that I repeated
stated in my postings. Genting in a 2.04-2.11-2.18 trading
range and Golden Agri is always aiming to break above
77cts again. First Resources has its nearest bid of 1.51
as the next resistance which I believe can be easily
broken when the form comes.
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
feasting, we are back to stock trading again. On Christmas
day, China gave us a "GREAT" present as it hiked its
lending rate by 0.25% to 5.81%, the second rise in just
over two months. Will this move impact any potential
year-end dressing rally if it happens?
Market is likely to be quiet this final week of 2010, but
we should still be able to see a decent dress-up.
Nevertheless, we should always expect the unexpected
and be prepared for anything.
Those winner stocks that I mentioned are still hovering
around the support and resistance level that I repeated
stated in my postings. Genting in a 2.04-2.11-2.18 trading
range and Golden Agri is always aiming to break above
77cts again. First Resources has its nearest bid of 1.51
as the next resistance which I believe can be easily
broken when the form comes.
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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