Last entry for the year. Happy New Year!

This is my last blog entry for the year 2011,
and with that, we will step into 2012 very soon.
It had been a very eventful year full of ups
and downs in what was really a volatile and
drastic trading environment. Nevertheless, I believe
that the readers should have benefited and profited
from the stocks that I recommended, and some
may have won really big on just a couple of stocks.

I will publish my personal view for the market in
2012 next week, and I will try to pin point a couple
of stocks that I believe will become superstar next
year. Trust me, you don't need to trade a full basket
of stocks to win big in the market. On the contrary,
you just need to follow the winner stocks on their
strong momentum trend and you will be heavily rewarded.

I will reveal more of my views and expectations next
week and with that, I would like to thanks the readers
for their continuous support and belief in this blog and
myself. Without you, there is no purpose and meaning
to continue to write this blog.

Finally, I wish all the readers a very Happy New Year!
Much More Money is coming your way...

Market View 28 December 2011

After such a long break due to the holiday,
laziness seems to be working against any
intention of doing some trades. I have only
been mostly watching my stock list and charts
recently, and focusing on what will be the
superstar in 2012.

Some emails I received asked me whether
this last few days of 2011 will be the final
rally of the year. Ideally, there should be a
window-dressing done this few days, but it
is also possible that the book had already
been closed in some institutions. Looking at
the trading volume last few session, I don't
think we are going to witness major swing
toward the new year.

So my sincere advice is also to close the book
and look forward to a better 2012 trading.
Take a good rest and be prepared to strive in
the new year.



Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 23 December 2011

It's Christmas!
A time of giving and also a time of forgiving!
Please forgive me for not writing the market
view as I was out having quality family time
since it was "冬至". I won't be around in Skype
also today as I will be out of home very soon.

Life is not all about stock market and there
are time to trade and there are time that
you should be out of it. I still have positions
in the market but as what I stated days ago,
I don't foresee a big fall anytime soon.
The market seems destined to move within
ranges until there are clearer picture from aboard.

The market view will be back next Wednesday as
I will be taking one more day off after Boxing Day.
Enjoy the holiday season and I wish all the readers
"A Happy and Joyous Christmas"! "圣诞节快乐"

(No, I don't even want to put the usual blah..blah..here today)

Market View 21 December 2011

Don't you just love Uncle Sam?!
It can staged a strong rally just when you
least expected, and if you want to know
the "official" explanation, then I will just
tell you. It was reported that the surge was
due to "a jump in U.S housing starts, a
successful Spanish bond auction, and
improving German data." Or is this the
start of the long-awaited year-end rally??

I will take a very short-term view with such
a rally unless it can continue and last for
some time. Our own market had seen very
weak and low volume recently and it really
need to buck up if any year-end rally is to
surface. Many people that I encountered and
chat with told me that they see a bleak future
and tell me lots of doom and gloom horror stories.
I continue to laugh it off at such negativity,
but I enjoy reading such reports and stories,
so keep them coming.

One Skype reader commented to me that I
am rather direct and frank in my blog entries.
Yes, I am quite direct with my thinking and
saying it out in the blog. I may be wrong at times
but I dare to be wrong and with that, I will gain
knowledge and experience that can only benefits
me in the proceeding days.
Do you dare to be wrong?
Oh ya, the readers want to know where the market
will be heading today. It is simple, open high close
lower as the day ends. I may be wrong.....

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 20 December 2011

Nothing much to say today but I believe
that volatile swings are imminent in
current market condition, and always
expect the unexpected.
Seriously, I believe that the reaction from the
death of strongman Kim was overly done
and the market should recover some lost
ground today. Stick to the greens among
the red flowers.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿    

Market View 19 December 2011

We are just about 2 weeks from the end
of year 2011 and it seems like we are not
going to have a year-end Santa rally this
year. I actually did tell a few members my
price target for a handful of stocks months
ago, but the market turmoil is making the
stock fall short of the target. Where is the
market going in this last few trading days
of the year?


Certainly, I don't foresee a major selldown
in the coming days but wild swing is expected
and it will be a side-moving market at its best.
I am still invested in the market and will continue
to do so, as I don't see a better alternative to
park my money. Yes, I know that the gloom and
doom is spreading to the property sector and many
are waiting for the GPS (Great Property Sales) to
arrive. There are target of 10-30% downside to a
complete meltdown of the property market if you
read the articles in the paper or some analyst reports.
I prefer to open my eyes and ears to look for
real bargains in both the stock and property market.
Granted, I am always looking for good opportunity
to invest in, but I don't believe that anyone can always
pick the "best" bargain at the market bottom.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿    

No Market View until I am well again

I am down with fever and heavy flu for the
last 2 days that I never write the Market view.
I think the fever had past its peak but I am
still feeling unwell and uncomfortable so I
will be taking MC this couple of days.
I will be back with the Market View when I
am fully recover, maybe tomorrow.

Market View 12 December 2011

I got a habit of asking friends and those around
me how they feel and view the  current market
situation, and from their responses, I will know
how the market will likely behave. About 80-90%
told me that the market will go down next year,
but one very interesting thing is that, they
believe that the real economy will not be affected
and life will goes on fine. I can only say that by
what I have heard, I am even more confident that
we are not going to have a financial meltdown anytime
soon. Although it might be a bumpy and volatile
year ahead, I am still optimistic that there are still
money to be made next year.

A few members asked me whether I enter the market
everyday? Frankly, I don't and you should do the same
as me. I only enter when the time and stock price is
favourable to me. I trade on technical breakout and
also on trend reversal, while I sit tight waiting for the
signal to surface. You really need not trade everyday
to make a handsome profit. I do enjoy great quality
time with my love ones and friend when we meet-up
for meals. I am not tied down by Mr Market and I
can choose not to see him for days, if I decide to.
I only enter the stock when it hit my "best" entry price
and enjoy the momentum play-up or I simply will
cut the stock if it is going against me.

Many are curious on whether we will have a
year-end or Santa rally this year. It is going to
happen if there is one today, isn't it. What we
need is some "good" news as the fuel, and the
fire will light up. There are still time for such thing
to happen and I just believe that we will have it.
Don't mark my words for it.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

No Market View today

I am not available today to provide the
market view as I need to rush off to settle
some issues. The Market View will return
next Monday and I won't be online on Skype.
Sorry for the inconvenience and Thank you
for your understanding.

Market View 8 December 2011

A few readers asked me why is it that the
market are still going up despite what we
are hearing everyday. Well, if you believe
what the press is saying, then if the market
is up, that means that the market players are
optimistic about the current situation. When
the market goes down, then the press will
say that they are worried and concerned about
the whole situation. This is especially so when
you watch the CNA morning show. You can
almost confirm what the presenter will say after
looking at how the US market has closed
and how Japan market has opened.

To me, I believe that as much information,
expectation and forecast have already been
factored into the market. Like what I stated in
the blog many times before, the market is made
up of many players, and it is mainly the Big Boys
that determine and decide where and how the
market will behave in any circumstances.
If the market continues to perform well in the coming
days to weeks, then you will read from the press
that the market choose to ignore the gloom and
doom for a while and stage a year-end rally.
If you look closely, we can have a dire future but
the market can still surge on, as it is not what
we want or hope for the market that matters, it is
how the more powerful hands believe that matters.
That is why it is crucial to know what they are
doing and following them through the trend and
drop off with them when the tide turns. I am doing
so with my trustworthy charts and of course, the
experience and knowledge gained and work-on
throughout all these years of interaction with Mr Market.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 7 December 2011

We are very near to the new year but it
seems like the year-end rally is nowhere in
sight or is it the case? This is the most  common
question that I received recently. While it may
look the way now, I expect to see a much better
market condition in the  days to come.
Prove me wrong, Mr Market.

I specifically only mentioned 3 stocks last few
days ago, and let's see what happened to them.
Noble have broken the 1.205 resistance and as
long as it is above it, it is fine.
Genting is still some way from the strong 1.57
resistance after testing it on many occasions.
But resistance are meant to be broken, and
once it is breech with a healthy volume, the
upside will be rewarding.
STX OSV's resistance of 1.24 is just a few steps
away, and it should be tested and breech again.



Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 6 December 2011

I suddenly realised that we are in the
last month of 2011 and we will be stepping
into the year 2012 and the Golden Dragon
year very soon. Sometimes, when you are
overly engross in something, you really never
realise how time can fly pass so easily.
What have you achieve this year, any remarkable
worth-mentioning achievements to showcase?
It have been a pretty drastic and roller-coaster
year for me but call me a optimist, but I see a
much better and brighter 2012 rather than the
gloomy and end-of-the-world views that some
naysayers and rumour-mongers are saying.
Some readers commented that I took too many
holidays this year, but you all should be aware of
what happened during my absence. Maybe I should
take even more breaks next year......   8-)


I will as usual publish my 2012 market expectation
and view on the last week of the year and hope that
the readers can benefit from it.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 5 December 2011

I will keep today blog entry short as there
isn't really a lot of a big changes to the
market lately.

Last Friday, I specifically mentioned that
Genting will face strong resistance at the
1.57 level, and guess what, its high was at
that level and closed on the point too.
It should be able to breech it today and make
a test on higher ground but just remember this
1.57 level if the stock weakens.
STX OSV also hit the 1.24 resistance level I
mentioned and reversed to close at 1.235
I am aware that there is only 1 lot transacted at
1.24 very near to the closing bell, and it is not
my doing. I don't need to buy the stock at this
level just to prove anything.
I mentioned that Noble will be very bullish once
it past the 1.205 mark and indeed it was the case.
It surged to a closing figure of 1.23 after the
significant resistance was overcome. Remember this
1.205 resistance-turned-support when the selling comes.
Next resistance for Noble will be at the 1.28 level but
1.205 die-die need to hold.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 2 December 2011

A few Skype members asked me whether the
strong rally yesterday is just a 回光返照, and
we will be back to square one or even worst
within days or weeks. Ok, although I agree that
the measures taken by the Fed and the Central
Banks is not the holy grail to all the gloom and
doom that we are currently facing, it does lend
some optimism and confidence into the market
right now. I am prepared to be proven wrong but
until that happens, I stand by my view that we
should have a good 2 months ahead of us.
To those sceptics, they can continue to sit on
the fence and wait for the herd to be back before
jumping, which by then the fresh green grass have
already been eaten up.

There is a very simple method to see whether the
current rally will continue or will it falter away.
A real breakout means that the stock price will
continue to go up couple with increasing volume
to sustain the momentum. Many stocks gapped up
yesterday and a good guide is that if the stock price
fall through the base of the gap then it is not a good sign.

For those stocks that I mentioned yesterday, Genting
hit the 1.57 resistance and immediately reverse and
closed at 1.54 Just remember this price: 1.57
It is like the magical number for the stock and a breakout
of this level will be very bullish for the stock.
For STX OSV, the magical number will be 1.24
Noble will be 1.205

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 1 December 2011

Finally I am back into the market action
but what a bad time for me to be back today.
Stocks will definitely gap up today after a
strong rally overnight in the US and Europe,
I wish that I can pick up some bargains but I
guess that it is not to be this 2 days.
The news that " the world's leading central banks
acted jointly to provide cheaper dollar funding for
European banks facing a cash crunch." triggered
the rally but on the other side of the mirror, it also
highlight how deep and serious the problem is.

Anyway, it seems like my travel jinx is still intact
according to some of the emails I received and
last week was a good time to buy stocks.
I know some skype readers will ask me today whether
it is a "good" time to buy stocks. I still believe that
we should have a profitable year-end rally which
is still not too late to start, but stocks will open high
today and it may not be a good time to chase up.
After the dust is settled, there will be a pullback and
that is the chance that some is still looking for.
For those already invested, stay in there with Mr Market.

Some skype readers asked me about various stocks
in emails, but they are concentrated on a couple of them
like STX OSV, Genting, Noble, the ship-makers and
the commodity counters. For STX OSV, the nearest
resistance is at recent high of 1.24 but I believe the main
barrier is at the 1.27-1.28 level. Genting will face resistance
at gap-covering 1.57 and should it breech it, the next meaningful
hurdle is at the next gap of 1.625-1.64 Noble is the interesting
stock now and it will very bullish pass the 1.205 mark.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View will be back in Thursday

I just came back to our beloved country
this early morning after "over-staying" in
our neighbour. The Market View will be back
in Thursday as I have been out of touch with
Mr Market for more than a week so I need to
take another day to look at the charts and read
up the news reports and articles. I will be online
on Skype tomorrow but I won't be responding
to questions on specific stocks until I am ready.

No Market View for today

I will be busy doing some last-minute
"touch-up" to my luggage and traveling
issues to my trip next week, so there will
be no Market View today.

I will be updating the blog for next week
as well, so the blog will return on 28th
November 2011.

Given the volatile, irrational and somewhat
unpredictable nature of the market right now,
the readers are advised to be cautious and
be aware of what is really happening in the
market right now.
For me, I am still "Stay Foolish, Stay Hungry
and Stay invested".

Market View 17 November 2011

US stocks closed lower in overnight trade
as the indexes are down by about 1.6%
Looking at the pre-opening  quote right
now, today is going to be bloody opening
but no, I am not going to predict the closing
as the market action had been too drastic lately.

Many readers asked about the main attraction stock,
Yanlord, yesterday. I can only say that if you are
still not in the stock yet, you can buy at the yesterday
stock-high when the market buying continues.
It takes courage and technique to trade such stock
now and you need to know what you are doing.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 16 November 2011

If you have been reading this blog and feel
that I have not been writing something "material",
and nothing much about the stocks, then
yes, you are right. The market is doing cha-cha
nowadays and although I am still in the market,
my transaction volume and stocks is on the
lower side. I still believe that we will have a good
year-end rally and until something drastic or
dramatic break my expectation, I will stick to
my view and will still be in the market.

Some Skype members asked me whether that
my travel jinx will surface again since I am going
for a week-long holiday next week. I can only
jokingly reply that if anything untoward happened
next week, then that is my fault. Haha...

I will talk briefly about STX OSV again today as I
don't want to sound like selling chinese ko-yo.
STX OSV nearest support lies at the 1.10 level and
resistance will be faced at nearby 1.16 and further
upside will be met with strong resistance at 1.21-1.22
level. I believe that many readers are in this stock
one time or the other regardless of whether it is done
on a contra basis or on investment ground. I continue
to view this stock as a strong winner in such a
volatile and turbulent market condition.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 15 November 2011

STX OSV announced a good Q3 result
yesterday night but looking at the pre-opening
quote, it is going to open around the closing
price of 1.105 Will there be a sell-on-news on
the stock today? I can't be 100% sure of it
but I am prepared for anything since the market
have been pretty volatile and unpredictable lately.
As the brokerage analysts will definitely have
something to say on the stock, I will compile
a list of their target price tomorrow.

Before I forgot once again, I will be taking a one
week holiday next week and I will not be present
for the 5 trading days.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿  

Market View 14 November 2011

Don't you just love the roller-coaster ride
we have in our market and some stocks?
Recently we have huge trading volatility in
a handful of stocks like Noble and Genting
after their result announcements and it is likely
we will have another in STX OSV which reports
tonight. Expect to see price swing in the stock
today and when the result is announced.

US almost regained back all the losses on that
dreadful day when it lost 390 points and it seems
like we are going to have such drastic and
irrational trading days ahead with the news from
Europe, US and even China dominating the market.
I am still in the market and I will take the opportunity
to pick up stocks in any dips as I will still believe
that we will have a year-end rally ahead.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿  

Market View 11 November 2011

What a wonderful date 11/11/11 today
with many couples getting married and
I also receive a "red bomb" and have
a wedding dinner to attend tonight.
It is going to be a memorable evening
on such a significant date and just forget
about the market for a few hours.

Lots of email and skype messages I received
yesterday was on where and how it will
move now? A very simple but useful method
is to look out of breakout on either side of
its day-move yesterday. A breech of the yesterday
day-high indicated that the buyers (bull) may
be in the stock to push it higher. A break below
the day-low will be bad and points to further
downside. Seriously, I am still in Noble, and
I admit that I have some holdings stuck at a
higher price than the closing yesterday, and
I also confess that I did intra-trading on the stock
yesterday and my holding are virtually all paid-for.
I am still confident and bullish that Noble can
turn it around in a dramatic fashion and then
many will just rush in to push it higher.

If you are interested in what the brokerage analysts
are now viewing Noble, I got a list of the brokerage
and their target price. It is quite a huge gap in what
the analysts view the stock now.
CIMB: $0.99
DMG: $1.20
OCBC: $1.16
DBS: $1.45
UOB: $1.20
CS: $1.80
Daiwa: $1.80
It seems like the Angmo are more daring with their
target price and expectation.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 !!

Publish Post

市场生存座右铭: 风林火山 

别人笑我太疯颠，我笑别人看不穿   

Market View 10 November 2011

Needless to say, our market will suffered
the same fate as the European and US
market in overnight trades. All 3 major
indexes in US closed down more than 3%
"as investors saw the spike in Italian bond
yields as a signal that the European debt crisis
had worsened."
I warned and voiced out my concerns 2 days
ago about the article in The Sunday Times and
I don't know whether it is coincidental or the
article is taking the effect that fast.

Noble announced the first quarterly loss in a
decade and looking at the pre-opening figure,
it is going to be an ugly open price. The market
did not expect the loss and although the fundamental
is still sound, a bashing is unavoidable.
I still like the stock and will take this chance to
pick up a good bargain.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 9 November 2011

Very Interestingly, a few readers skyped or emailed
me yesterday and asked whether the "Big Crash"
is coming after what I wrote in the blog. Well, I have
to re-iterate that I am just voicing out my concerns
and how I feel about the article on The Sunday Times.
What I mentioned may or may not materialise and
it is definitely not up to me to determine its course.
Let Mr Market show you the path and you just need
to take the path of least resistance.

A number of readers are also concern about how STX OSV,
Genting and Noble will be heading, so I will give you
my take on the stocks. From what I can see from the chart,
STX OSV will have a breakout pretty soon. It nearest
resistance is the recent high of 1.16 and a breakout
above it will propel it pass the 1.195 resistance and
the next resistance will be around the 1.26-1.27 region.
Genting is at a cross-road now and further upside will be
capped at around the 1.82-1.83 region and support will
be at 1.71
Noble will be announcing its result today and looking
at its last few days of movement, it should be a decent
reporting. Further upside can be seen to be heading
toward 1.69-1.70 after clearing the immediate resistance
at 1.63 But do take note that if there is a sell on news,
the next support will be at  1.57-1.58

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿       

Market View 8 November 2011

The Sunday Times carried a report on young
investors like the undergrads making and losing
money in the stock market, while also mentioned
that they steer clear of CFDs, the hottest topic now.
Frankly, I read with uneasiness of such report as
I can vividly recalled that there was also a report
about a U-grad making like hundred over thousand
from the market in a year or so in 2007. Guess what,
the market have a great fall about 2 weeks later.
This is like an unconventional market reversal indicator.
I am not saying that the market will definitely 100%
fall in the near term, but History like to repeat itself
and I am turning cautiously optimistic about how
and where the market will be heading now.
If you read my blog for a while, you will know that
I am quite bullish about a good nov-jan year-end
rally. I am still looking at it but I am turning cautious.
Don't blame The Sunday Times for the report, you should
in fact thanks them for giving a possible reversal indicator.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿      

Market View 4 November 2011

Interestingly, now "Greece had backed away from
a proposed referendum that could threaten its
membership in the euro zone and the European
Central Bank surprised the markets with an interest
rate cut", market looks like resuming its course to
the upside. Although there maybe nasty surprises
and occasional strong headwind on the horizon,
I stick to my view that we will have a good November
to January period and we should have a profitable
year-end rally. Just be prepared for it.

Some skype members wanted me to talk about
the "Experiences" that I mentioned yesterday.
I believe that experiences will come when you have
deal with Mr Market long enough. I am not saying
about doing paper-trading as there is no emotions
involved and you never put money on the line and
you simply can't appreciate the meaning of Risks.
Whether you win or lose in the market, you will gain
knowledge and experience along the way, although
you will remember the trades deeper when you lost.
After all the battle scars suffered, and you look back
at your "records", then you will become battle-harden
and you will know how to deal with whatever circumstances
that Mr Market throw at you.

Before all these, I am not saying that to be gung-ho
and just plunge into market without fear. Well...some
people I know simply don't know what is Fear, and the
result can be disastrous. To be a doctor, lawyer or
any professional, you need to study the relevant knowledge
and then proceed on to the practical parts and become
better and better along the way. The same can be said
about Trading too. It is very simple to trade but it is
never easy to win. I recommended few books weeks ago
that I stated will benefit those interested to know Mr Market
more, how many of the readers actually bother to pick
them up and have a good read at it. Many are just gamblers
and punters when they are trading and winning and
losing are just pure luck. I don't entirely believe in luck in
the market, I believe in preparing for any trade and just
leave luck to where it belongs.
Albert Einstein said before, "Insanity is doing the same thing,
over and over again, but expecting different results."
This is exactly what happened to many retailers in the market
at any time. I rest my case.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿      

Market View 3 November 2011

There is a saying in the market that "Always
expect the unexpected" and indeed we saw it
happening in the last 2 days. I actually expected
a bloodbath yesterday in the blog but it turned
out to be a greengrass-bath instead. Luckily,
I just need to do some re-adjustment and I am
back in the market with ease. Maybe I need to
take a flower-bath to get rid of any negative energy
and force around me. 8-)

Market is giving us see-saw sessions nowadays
and will continue to do so given the uncertainities
and expectation and rumours circulating in the air.
All these noises turn into Fears and that is why I
received feedbacks from the members on what to
do next. Many a time, I have seen such market condition
and sentiment aplenty having been in it for quite
some time, and I can say that experiences really
play a part. Because you have seen something
happening again and again, you "automatically" know
how to deal with it when it presents itself to you.

I just realised that there is a comment posted yesterday
in the blog, "Blood shed? its positive 1% u idiot!
dun just follow blindly... when US is down, u say STI
will go down... when US is up.. u say STI will go up
Stop stating the obvious!"
The first part of the comment have been addressed in
the beginning of the blog, but the second part about I
just stating the obvious is entirely wrong. I believe the
readers can testify for me that even as US is down,
I will still write that after an initial pullback, we will finish
the day stronger and in the green. When US rallied
overnight, I still wrote that to trade with caution as the
momentum won't last for the full day. It is either the
comment owner choose to ignore this fact or have been
reading the blog for just a short period. Anyway, the readers
have their own bright eye to know that I am telling
the truth.

I still have readers who bought yesterday when it was
still all-red in the early trading day. For them, just have a
trailing stop ready and let the profit runs.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 2 November 2011

Look like we started the first trading day
in November with a "bang" and most stocks
were hammered down yesterday due to the
news that Greek is calling for a confidence
vote and a referendum to the last week's deal.
What a "great" unforeseen move by the Greek
government?!

It is going to be another bloodbath today looking
at overnight closing figure from Europe and US.
But if the scale of selling gets too much to my
"liking" then I will also start putting some money
into the market again. Seriously, if you are not
comfortable about the market now, just don't
make any transaction for the time being. But if
you know what you are doing and what are the
risks involved at this juncture, then this maybe
a wonderful time to put in the net.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 1 November 2011

The first trading day of November and
it is likely another weaker day but I expect
to see a good month ahead. To me, a
pullback now is a very good opportunity to
pick up some bargain in anticipation of a
year-end rally which I strongly believe will come.
You can choose to ignore and disbelieve what I
say, and only time and Mr Market can prove
me wrong in the days ahead.

I mentioned that I believe that stocks should
pullback 5-8% from the recent high and it
is looking very likely the case. Some skype
members asked whether they can contra the
counters when it is within range. Usually, I don't
really trade the stocks in the red unless I see
that a rebound is coming. I will pump money
into the stock and not contra or intra trade them.
But if you are really game for it, you can put in
a small position and have a cut-loss level in-place.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 31 October 2011

We are in the last trading day of October and
what a roller-coaster ride it had been. Regardless
of what optimism, emotional and sentiment
driven events that had been driven up the market
lately, the party got to end somehow. And today,
it seems like will be the day.

I have told a few skype members last week and
I will put it in writing on the blog today. Given
the positive Europe debt crisis outlook, I believe
that a profit-taking pullback of 5-8% on the stocks
and index is pretty justified and it should start
today. When I say a pullback, it means a 5-8%
drop from the recent high which you can gathered
from the charts.

We have the leaders of G-20 meeting on Thursday to
discuss further about the debt deal and it will be an
all-eye main event this week. Then we will have the
October job data from the US this Friday. It is going to
be a very volatile and expectation-driven trading week
and a cautious mood will be just the stance to take.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 28 October 2011

Ok, if you read any newspaper today, you will
see that the "reason" to the huge surge in
market was due to a deal (plan) to recuse
the Europe debt crisis. But is the crisis really
over or will the bottomless pit prove too much of
a challenge, only time will tell. For the meanwhile,
just enjoy the surge but don't be too happy and
ignore the fundamentals. Looking at the "haircut"
happening in Europe, I think I also need to get
a real haircut too.

A few skype readers asked me why is it that
certain stocks can surge so much while the
others only inch up a bit. I have to say that
"All Stocks are Equal but some are more Equal
than Other", a modification from the famous quote
by George Orwell in the book, Animal Farm.
The fundamental of stocks don't change overnight
but it is the sentiment and emotion change that
propel the stocks up and down. And take note that
not all stocks will have the necessary fuel (volume)
to push them higher.

I gave out a list of stocks that I normally traded
exactly in last Thursday's blog entry and you will
notice that there are Big winners yesterday.
Stocks like Olam, up 21cts or 9.5% in a day, YZJ
up 7.5cts or 8%, Biosensors up 12cts or 9%, GLP
up 11.5cts or 7%, Noble up 14cts or 9.5% and many
others that you can check out yourself. I have to say
that if you really want to make good money from
stocks, you need to be in those with good "support"
from the market players. They will be the first to move
with huge trading ranges but they are equally "strong"
on the downside.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 27 October 2011

Don't you just hate it when the meat destined
to be coming into your mouth suddenly dropped
onto the floor?!!? When I saw that Dow was down
over 200 points on Tuesday night, I was so happy
that I will have another chance to pick up some
bargain and was hoping for another bloody session
on Wednesday. But to my disappointment, Dow went
up 162 points, although it is still net negative of about
40 points, our retailers and market players will choose
to be "forgetful" and just favour in the yesterday closing.

Our market will open high today but I really hope that
I will get my wish and the stocks will pullback and I can
take my time with the pickings.Will just keep it short
for today.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿    

Market View 25 October 2011

Most stock closed green yesterday but did
you notice that many of them also closed
at or near to the day-low rather than the
day-high? The trading volume were also
quite subdued in a way. Wall Street were up
again in overnight trade but I don't think it
will bring a great deal of strength and cheers
to the market. I believe it will be the same
case today as what happened, opened high
but ended weaker.

I received an email from a reader with questions
on STX OSV. It was sent together with a chart
but I will just publish the question in the blog
without the sender's name.

"Hi Mr stocklobang

I would need your advise on stx osv, notice that the 

previous pullback after it filled the gap of 0.8 it have a 

strong rebound, do you think this time the pullback will

fill the gap of 0.93 to 0.905 and it will be a good opportunity

to buy at 0.905?

Thanks a lot for your advise"

If you have been reading my blog lately, you will have

known that I expect a 10-15% pullback on stocks including

STX OSV from their recent high. STX OSV hit a high of

1.195 and retraced indeed 15% to a low of 1.02 and rebounded.

Never mind about all the "news" that came out but the

stock's fall did stop at the 15% mark. 

For the current situation, I definitely don't expect it to break

the 1.02 critical mark again. But if it really breached the mark

again, then it should be heading toward the next meaningful

support at 91cts. To put it very bluntly, it just cannot fall below

the 1.02 mark, if not it will triggered another down-slide. 

I know of readers who bought the stock at or near the 1.02

low last Friday, and some will be treating their trade as 

contra-trading while others will be putting money into the stock

as a mid-term investment. I believe it should consolidate around

the current price and will be moving up again but be cautious

of the stock erratic movement.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿     

Market View 24 October 2011

Wall Street rallied last Friday as the market was
anticipating that Europe will come up with a
comprehensive plan to deal with its debt problems.
Strong healthy corporate results also added
strength to the surge, with Dow up more than 2%.
It has been this case for the last couple of months
with sudden spikes coming in a few days of
inactivity then followed by a equally strong pullback
only some days later. I can only say to be very
cautious of such a spikes. Our local market will
also open up this morning but I don't expect a
equally closing figure.

The main attraction in last Friday trading is definitely
none-other-than the STX OSV. It plunged hard to
close at 1.02 with a high volume as well. I am not
going to repeat what the newspaper have already
reported, anyway, that is their side of the story.
Before the sudden plunge, I have already stated that
the stock is going to have a retracement very soon
and it is likely between the scale of 10-15%.
True to what I mentioned, it have pullback exactly
15% from the high of 1.195 to close at 1.02

Regardless of whatsoever reason, it will still open
higher in accordingly to the rest of the market and
the critical recent low of 1.02 must be seriously
watched. I know of readers who bought the stock
at about 1.02-04 region as an investment and not
to intra or contra trading the stock. The fundamental
of the stock did not change at all and I believe it
will be constantly valued by the market players
again and again.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿    

Market View 21 October 2011

Market indeed pullback yesterday after days
of greens and most stocks closed in the red
down by a couple of percents. Some readers
asked me why the 10-15% retracement that I
gave yesterday and not like 8%,12% even 20%.
This is like a million dollar question that is also
interesting. Recently, stocks have been surging
through the roof as much as over 50% rebound
by some stocks in just a short time. To me, a
pullback of 10-15% in such circumstance is
reasonable. I don't just pluck the numbers out
from the air but this is what I observe in dealing with
as many stocks before.

Stocks will still be under selling pressure today
as like what I mentioned, the writing is already
on the wall from the traded volume previously.
Given that today is Friday, I believe we will still
be heading toward a weaker closing today.
I don't want to speculate on any stock target now
as I have already mentioned the 10-15% pullback.
Just do the maths on your selected stocks using
their recent highest price traded.
One more thing before I forgot, some readers asked
me why my watchlist yesterday never consists of stocks
like Keppel Corp, SGX, the Reits... I have to say again
that those are the stocks that I normally do my stock
trading on. I intra and contra trade on the stocks.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿    

Market View 20 October 2011

Wall Street closed in the red in overnight trade
so will our market succumb to the selling pressue
this time? I believe the answer is a Yes. If you look
at the hot stocks at the moment, they have been
going up with decreasing volume and that to me
is quite an imminent sign that it is the beginning
of the end. My expectation of 5-8% pullback for
the index and 10-15% pulback for the stocks from
the recent high still remains, and I believe I will
get it this time. I am still pretty optimistic that after
the pullback, the joyous mood will still come back
as we will have a great November-December rally.
This is purely my view and it may or may not materialise.

Ok, I promised a skype member to reveal what type
of stocks I am trading and are in my watchlist. I don't
mind doing so as they are just the normal winner stocks
and even with more players pumping money into them,
all these will still be absorbed. Normally, about 90+%
of my trades are concentrated on the following stocks:
Biosensors, Cosco, Ezra, Indo Agri, Genting,GLP, Golden Agri,
Noble, NOL, Olam, PEC, Sakari, STX OSV, YZJ, Yanlord...etc.
And the remaining 10% of the trades are on those situational
or rotational plays like the Water-treatment stocks, commodities
or even the food stocks.

Some readers may say that the above-mentioned are "expensive"
stocks and they like to stick to those "cheaper" pennies.
From my experiences over the years, I know that the mentioned
stocks will be the first to move and the scale of the move can be
huge as well, but do take note that they will be the first to fall too.
There is no single trading day that you won't see a few
of them in the Top Volume and that is exactly what I thrive on.
Being a trader, I need the volume, volatility and occasional
irrational moment of the stocks to make good of the presented
trading range. There are reasons why they are "expensive"
compare to the "pennies" looking at their fundamentals and why
they have so much volume everyday. Sometimes, when a skype
ask me about a pennies that I never study, I really can't offer
much assistance and advice, but if you ask me about the above
stocks, I can tell you many "stories".  8-)

By the way, there is one comment which reads "I hope Stock Lobang
Uncle will update his blog before the market open, like in the past.
-T" Firstly, the blog will normally be published before 9am and the
most important point to note is I am not a Uncle lah. I am still quite
young - Body, soul and heart, so don't make me sound so old.
Just call me SL will do.  8-(

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 19 October 2011

With the US indexes up in overnight trade,
will the market goes up again and resume
the recent upside? I believe that the market
will open higher but ended the way weaker.
Some readers I know had bought some stocks
when there is a pool of reds in the market yesterday.
It is good to stick to a trailing stop in such
a market environment.

Ok, there are some emails asking for the
technique or methods that I am using to trade
stocks. Frankly and seriously, there is no way that
I will reveal every single techniques and methods
that I am using in the blog. But being "授之以鱼，也要授之以渔,
I will seek to give out some pointers along the way.
Some of the techniques have been acquired
through experiences in my trading years and
some have been modify or  "enhance" to suit our
local trading arena.

There is one trading technique that I have been
using for many years and it is very simple and
market-friendly, and it is called Darvas Box Theory
developed by the late Nicolas Darvas. You can either
choose to read up his books or like what many
nowadays like to do, just Google it. I will reveal
other techniques or methods the next time.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿  

Market View 18 October 2011

Finally, European and US stocks fell in overnight
trade and if you simply want to hear a news to
justify the fall, then this is the report, "U.S. and
European stocks fell on Monday and the euro slipped,
after Germany dashed hopes that the euro zone debt
crisis would be resolved at next Sunday's summit of
European leaders." If you choose to believe me, then
I will tell you that this is just a normal retracement from
the recent surge-up and it is just a time to reshuffle the
cards in the market now.

The perfect scenario for the retracement will be a
5-8% fall for the indexes and a 10-15% drop for the
stocks, but sometimes the scripts are just too perfect.
I believe we will still see selling for the next couple
of days as profit-taking will take centre-stage.
During this period, then we can see that who is still
strong while others are bleeding.

I will once again publish the email sent by a reader
in reply to what I posted in the blog yesterday.

"Hi stocklobang

 

Thanks for the replies on your blog, can I ask more questions?

 

1. Can you actually share with me or the other members

about some of your trading strategies? 

2. As regards to how & interpretation of charts, is it convenient

for you to share more details?

 

ANS: I will talk about how I trade in the next 2 days or so. Few months

back, I actually did mention about my trading style or methods but I

guess they are lost in the cyberspace already.

 

3. I bought some STI call warrants when the STI is 2620, although now it is showing quite decent profit, but I was unsure how high our STI index can go. From my chart, I saw resistance at 2910 or 3000 but I am guessing at 2800, there should be some profit taking, thus I would like to know your views about it? 

 

With regards to trading warrants, I can say that is not my

cup of tea as I stick to stock trading as my main focus.

I am a firm believer of using trailing stops to protect the trade,

to preserve the profits gained, and to prevent a winning stock

from going into a loss. I sincerely urge the reader to adopt it as

well as it is simply a beneficial and essential trading practice.

My view is that set a trailing stop with the warrant, and if the price

got hit, then you are stop-out with a profit. The main argument to

the trailing stop practice is that "what if the stock/warrant rebound?"

Very easy, just ask yourself truthfully, what are the success rate

and chances of such thing happening with the trades that you 

have done and completed. I can tell you that most that time the

fall will become worse, and the praying sound will also become

louder and more desperate and morale-draining if the profits

reversed into losses. I rest my case.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿 

Market View 17 October 2011

With the market expected to open higher today,
I will turn the blog today into a knowledge sharing.
Ok, I received a email yesterday night asking
about my views and how I trade the market.
I will publish the email here without revealing the
sender name.

"

Hi stocklobang

 

I chanced upon your site by accident & found it really

interesting. Although, I am in the stock market for a

few years but still had not made much profit, thus I hope

to learn & seek a few pointers from you. May I ask a few

questions? Thanks so much for your time.

 

1. May I know which TA software do you recommend to be 

useful, right now I am using chart nexus free software. 

 

Ans: I am using Metastock with daily end-of-day data.

It is perfectly Ok to use the free Chartnexus as we are 

looking at the the same stock chart, but the main issue

is HOW and What can you interpret from the chart.

2. Is there any useful & practical courses that I can go for

in the market because I saw a lot of advertisements on the

newspapers proclaiming easy profits for stocks which I know

is not true, as there is not free lunch in the world. I know stock

investment requires a lot of homework. Can recommend any 

books or newspapers I can read up on also? 

 

ANS: Well, all that I can say is that Stock Trading is simple

but not easy. To be a good doctor, lawyer and even an actors

take years to perfect the skill and technique, and it is the same

case for a good stock trader. I am not saying that I am a 100%

every-trade-is-a-winner stock trader, and I am still learning

from Mr Market everyday. 

 

Aspiring Investor and Trader can start off by reading a couple

of books like, "Why am I Always Losing in the Stock Market" by

a local writer who is also a remisier at a local brokerage.

Wiliam O'Neil's 'How to make money in stocks', Nicolas Darvas'

"How I Made 2,000,000 in the Stock Market". Further studies can

include Larry William and Alexander Elder books as well.

 

A website that is a must to visit everyday is SGX announcement

page. I normally have a explorer window pointing to the site

and I will visit the site at least 3 times a day, before the market opens,

while I am taking my lunch, and at night together with the chart

reading. I will also just pop-by at anytime during the trading hours.

 

3. If I want to do full time trading on my own, targeting 2 to 

3K a month, how should I start preparing? (Sorry, if you think

the question is stupid.)

ANS: In my opinion, no question is stupid. The one who withheld

the question is the most stupid. I will answer this question tomorrow.

 

4. While doing trading, any websites that I need to monitor

for important news coming in? Because I always notice 

towards 3 pm, the market usually fluctuates I guess is due

to the Dow Jones futures, right?

It is good that the sender observed such a "strange" market

behaviour which many retailers simply ignored or never realised.

This occurance is actually partially because of the US indexes

futures and it is also due to the opening of the European bourses.

And also, some traders or funds like to close their stock positions

as intra-day trades and that also add to the volatility and swing

in the market."

 

Hope that my answer to the sender's question will also help

other readers as well. If you have any question on the stocks,

market behaviours, just email me. I may not be able to answer

anything on the market, but trust me, I know where to look for it.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿 

 

 

 

Market View 14 October 2011

I just saw on CNA that Singapore have avoided
being in a technical recession, oh my, what a
bad news. It should be a good news to many
but it is kind-of-a bad news to me. With such
an market-sensitive news, it may triggered a
sell-off if we are in a technical recession and
it will be a another wonderful time to pick up the
broken pieces thrown down by ignorant retailers.
Alas, it was not to be this "perfect" scenario, but
our market will still be weaker today although the
scale is not as destructive.

A lot of readers are very interested in STX OSV
nowadays given the way that it can move in days.
This stock is relatively "unknown" when I started
recommending it but its popularity had grown since
then and the stock price has also been in a roller-coaster
mode. I stated that it will consolidate for a while
and it is still in view that this will still stands for the
time being. The perfect scenario buying opportunity
will be between the 96cts to 1.01 region as I believe
the current pullback will be within 10-15% from the
recent high. But given that the stock now is quite a
crazy horse, it can jolly well give me a back kick and
prove me wrong, but I will stand by my current view.

A couple of days ago, I mentioned that Genting's
resistance will be at 1.63 and Noble's will be 1.46,
it was indeed the case yesterday and will remain
as a strong resistance unless overcome by a strong
volume surge.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿 

Market View 13 October 2011

If the readers recalled, only last Wednesday,
I stick my head out and placed my head on
the deadly gallows to state that "on 31 December
2011, STI is going to close higher than 2531
which was yesterday's closing figure." It is looking
like I have hit the nail on the head and it may be
a crucial turning point of trend. Since then, markets
had rallied and it seems like all the gloom and doom
have suddenly disappeared. Although I can't 100% say
that we are definitely out of the wood but at least the
sky looks much brighter and path out of the wood
looks nearer and imminent.

Most stocks surge high during the last hour of trade
yesterday as the European bourses were running wild
and the US futures were showing a good performance.
And yes, we will open higher today but I believe that we
will still close weaker at the end of the day.

STX OSV will be higher than its recent high 1.09 but it
will face immediate resistance at 1.12 and a breakout
of it may triggered a gap-covering between the 1.15-1.18
region but I will discount this from happening. Looking at
the chart, I believe a consolidation is about to happen
and it should be fast and furious.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿   

Market View 12 October 2011

Like what I mentioned yesterday, most stock
and the index indeed opened high but closed
much lower. I believe that we will once again
close low today.

STX OSV reversed from a high of 1.09 to close
in the red at 1.005 I mentioned that a pullback
is imminent for STX OSV yesterday and I believe
a 10-15% retrace from the high of 1.09 can be expected
which give it a range of about 93-98cts. My
pullback view will be negated if it can surge pass
the recent high with good volume. I know of a couple
of readers who won as much as 20cts with the stock
last few days. Don't worry, you will have plenty of winning
opportunities with the stock as it has become a
"popular" trading stock nowadays.

If you are looking at other stocks to trade, take a look at
Ezra and Swiber.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠，我笑别人看不穿