I was afraid that I will miss out for consecutive
3 Fridays due to some commitments but I will able
to settle the issue yesterday though I will not be
staying for the whole day of trading.
Wall Street rallied in overnight trade "after a pullback
in oil prices and upbeat U.S. labour market data."
The major indexes surged 1.6 to 1.9% in a strong
moving trading session.
Our market look set to continue the current rebound
and will definitely open brighter this morning.
Genting surged past the major resistance 1.97 in
intraday trading but cannot sustain the strength and
and selling pressure to close below at 1.95
The resistance 1.97 will once again and again be
tested and I believe the next resistance of 2.04
is within reached. Since last week, many readers had
asked me about the entry of Genting. I told them that
if they can get it below $2 is good and it will be better
if they get it below $1.97 for a mid-long term view.
I know of a few who have taken the plunge and
the rest are waiting at the sideline "waiting" for the
"best" moment.
Some bright spot that I saw in recent trading are
between the Commodity, O&M and Water treatment sectors.
They are normally the first to react and rebound and
it remains the same this time too.
For those waiting for the "BEST" time to enter the
market, please continue to wait.
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
别人笑我太疯颠，我笑别人看不穿
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, March 4, 2011
Thursday, March 3, 2011
Market View 3 March 2011
Wall Street recovered slightly in overnight trade
but regional and our market look weak and the
selling will continue although the scale may be
weaker as more bargains are in the market now.
Let's put it this way, if I tell you that there is a
massive sales of 90% discount in a jewelery shop
starting from tomorrow 9am and limited quantity only.
What time will you reach that shop if you are really
interested? Exactly at 9am or the night before at 9pm?
It is the same situation with the market now, there is
a great sales going on, but the price may get lower
each day or it may just spur up and never look back,
what do you do?
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
别人笑我太疯颠，我笑别人看不穿
but regional and our market look weak and the
selling will continue although the scale may be
weaker as more bargains are in the market now.
Let's put it this way, if I tell you that there is a
massive sales of 90% discount in a jewelery shop
starting from tomorrow 9am and limited quantity only.
What time will you reach that shop if you are really
interested? Exactly at 9am or the night before at 9pm?
It is the same situation with the market now, there is
a great sales going on, but the price may get lower
each day or it may just spur up and never look back,
what do you do?
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
别人笑我太疯颠，我笑别人看不穿
Wednesday, March 2, 2011
Market View 2 March 2011
STI surged high yesterday closing up 57 points
or nearly 2% but with the US tumbling overnight,
how will the market react today?
(Dow fell about 1.4%, Nasdaq lost 1.6% and
S&P 500 dropped 1.6%.)
Market will definitely opened weaker but I am
looking at a better closing by the end of the day.
Many stocks performed well yesterday and their
gains will be tested today.
As expected, Genting hit a high of 1.97 yesterday
and closed at 1.96 It should be trading within the
range of 1.90-1.97-2.04 right now.
Many readers told me in Skype that they saw unsightly
frog pictures popping up in my blog yesterday.
I believe the frog had since moved on and I don't see
them in blog this morning. If somehow the frog comes
back, just skype me and inform me.
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
别人笑我太疯颠，我笑别人看不穿
or nearly 2% but with the US tumbling overnight,
how will the market react today?
(Dow fell about 1.4%, Nasdaq lost 1.6% and
S&P 500 dropped 1.6%.)
Market will definitely opened weaker but I am
looking at a better closing by the end of the day.
Many stocks performed well yesterday and their
gains will be tested today.
As expected, Genting hit a high of 1.97 yesterday
and closed at 1.96 It should be trading within the
range of 1.90-1.97-2.04 right now.
Many readers told me in Skype that they saw unsightly
frog pictures popping up in my blog yesterday.
I believe the frog had since moved on and I don't see
them in blog this morning. If somehow the frog comes
back, just skype me and inform me.
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
别人笑我太疯颠，我笑别人看不穿
Tuesday, March 1, 2011
Market View 1 March 2011
A brand new month of trading today so will
the gloom and doom cloud in February also
continue to surround the market this month?
STI continued to slide on the last day of February
with the regional market already showing signs
of rebound. Maybe we are too Kiasi or Kiasu
that we are waiting for the coast is clear before
stepping a foot into the murky water?
Well...anyway, Genting had reached the critical
support level of $1.90 and should this be breached
the next will be around the $1.84 level. Further upside
resistance is at $1.97 In any rebound, the stock will
be the first to move and the range play will be wide too.
I can see that many stocks have been indiscriminately
sold down recently which is always the case as the
market is erratic and a "sell then ask" mentality is
always deployed when in doubt or the Fear monster
is in the market. I am not saying that such mentality is
wrong whatsoever, but because of such happening then
can we have a great bargain sales in the market right now.
Companies with impressive recent Full-year or Quarterly
result were also being dumped so who are the Garang Kuni
picking up the discarded gems?
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
别人笑我太疯颠，我笑别人看不穿
the gloom and doom cloud in February also
continue to surround the market this month?
STI continued to slide on the last day of February
with the regional market already showing signs
of rebound. Maybe we are too Kiasi or Kiasu
that we are waiting for the coast is clear before
stepping a foot into the murky water?
Well...anyway, Genting had reached the critical
support level of $1.90 and should this be breached
the next will be around the $1.84 level. Further upside
resistance is at $1.97 In any rebound, the stock will
be the first to move and the range play will be wide too.
I can see that many stocks have been indiscriminately
sold down recently which is always the case as the
market is erratic and a "sell then ask" mentality is
always deployed when in doubt or the Fear monster
is in the market. I am not saying that such mentality is
wrong whatsoever, but because of such happening then
can we have a great bargain sales in the market right now.
Companies with impressive recent Full-year or Quarterly
result were also being dumped so who are the Garang Kuni
picking up the discarded gems?
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
别人笑我太疯颠，我笑别人看不穿
Monday, February 28, 2011
Market View 28 February 2011
I have some issues to settle last Friday so I wasn't
available to do a Market View.
Hint: You may have seen me if you were in the
"queue" at Expo.
Ok, back to what to expect from Mr Market this week.
Last Friday, our local market was up in tandem with the
regional market but the total trading volume is still weak.
We have 2 camps right now regarding the market direction
right now. On one side, we have the optimists that view that
the current Middle East and Africa political unrest will be
over soon, and even if it is not over, the impact will be lessen
and minimise as the days go on. The other camp hold the
opinion that the worst is yet to come and the market will
continue to fall in the coming days together with more bad
news from the region. I am in the optimist camp although I
am cautiously optimistic that the market will be supported
at crucial level and will not fall off the cliff in a free-fall.
We also have the accounting irregularities and audit issues with
2 S-Chip, China HongXing and Hongwei Technolgies. When the
companies were in trading halt, the "news" were already spreading
in the communities and I did mention to a couple of skype members.
Let's put it this way, there are bound to have a black sheep in any
group and we have seen them popping up in the recent years.
There are still quality S-Chips listed in Singapore and if one should
look closely at their books and fundamental, there are hidden gems
waiting to be discovered.
Like what I told many readers on email and skype, if you don't
like what you see in the market or not comfortable with
the current market condition or sentiment, you can simply
stay out and watch the horror show or action-packed movie
unveil itself. If you do want to get involve in the market now,
then please holds a mid-long term view and prepare yourself
for being "stuck" for some time.
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
别人笑我太疯颠，我笑别人看不穿
available to do a Market View.
Hint: You may have seen me if you were in the
"queue" at Expo.
Ok, back to what to expect from Mr Market this week.
Last Friday, our local market was up in tandem with the
regional market but the total trading volume is still weak.
We have 2 camps right now regarding the market direction
right now. On one side, we have the optimists that view that
the current Middle East and Africa political unrest will be
over soon, and even if it is not over, the impact will be lessen
and minimise as the days go on. The other camp hold the
opinion that the worst is yet to come and the market will
continue to fall in the coming days together with more bad
news from the region. I am in the optimist camp although I
am cautiously optimistic that the market will be supported
at crucial level and will not fall off the cliff in a free-fall.
We also have the accounting irregularities and audit issues with
2 S-Chip, China HongXing and Hongwei Technolgies. When the
companies were in trading halt, the "news" were already spreading
in the communities and I did mention to a couple of skype members.
Let's put it this way, there are bound to have a black sheep in any
group and we have seen them popping up in the recent years.
There are still quality S-Chips listed in Singapore and if one should
look closely at their books and fundamental, there are hidden gems
waiting to be discovered.
Like what I told many readers on email and skype, if you don't
like what you see in the market or not comfortable with
the current market condition or sentiment, you can simply
stay out and watch the horror show or action-packed movie
unveil itself. If you do want to get involve in the market now,
then please holds a mid-long term view and prepare yourself
for being "stuck" for some time.
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
别人笑我太疯颠，我笑别人看不穿
Subscribe to:
Posts (Atom)