Nicolas Darvas Box Theory Trading Method

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Thursday, March 31, 2011

Market View 31 March 2011

We are down to the last trading day of Q1 and March
and from what we can see from regional and local market,
we should have another field day. Although the SGX
discourage the practice of Window-dressing, but as what
we will see today, the price and movement of the stocks
will be quite obvious.

I mentioned a couple of stocks yesterday and with the
exception of Sinograndness, the remaining are performing
reasonably ok. I continue to hold the same view on the
mentioned stocks.

I did highlight few days ago that Genting will move along
the 2.04 level and indeed after hitting a low, it bounce back
and closed at 2.07 yesterday. Further resistance as mentioned
will be around 2.10
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

P.S.: I will resume the analyst reports sending from next
Monday. If you believe you are not in my mailing list, then
send me an email. Thank you.

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Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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