I am unable to provide a market view this morning as
I am out to settle something. A simple strategy will be to
look for the winners among the losers. They are strong
for whatever reason that I don't care but they have good
support behind the stock's movement.
Market View back next Monday.
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, March 18, 2011
Thursday, March 17, 2011
Market View 17 March 2011
Our market rebounded on bargain-hunting and
bottom-fishing yesterday closing up about 25 points.
But with the 3 major stock indexes in US dropping
about 2%, our market will be tested again today
with severe selling and it will be interesting to see
whether the recent low can be supported.
Look like there is nothing much to say for today's
action but to be ready for any tsunami selling.
Pay particular attention to those still in the green
despite the selling. I did spot a couple of them but
it will be to the readers advantage if they can spot
it themselves.
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
bottom-fishing yesterday closing up about 25 points.
But with the 3 major stock indexes in US dropping
about 2%, our market will be tested again today
with severe selling and it will be interesting to see
whether the recent low can be supported.
Look like there is nothing much to say for today's
action but to be ready for any tsunami selling.
Pay particular attention to those still in the green
despite the selling. I did spot a couple of them but
it will be to the readers advantage if they can spot
it themselves.
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 16, 2011
Market View 16 March 2011
Uncertainties! Fear! End-Of-The-World! Just throw first lah!
These are the emotions and feelings that is feeding
the market right now and are causing the massive
selldown in regional and worldwide market, currency and futures.
STI was down more than 90 points before staging a late
recovery to close down 85 points or 2.8% at 2946 points.
To be frank, I am stuck with a handful of stocks bought
at higher price due to my indiscipline and reluctance to act
when the charts are clearly showing signs that the trend
is over. For the near term, I may become an unwilling
investor or I will just simply close both eyes and cut loss.
With so much uncertainties, the market is going to be
volatile and irrational amid all the possible events popping
up as the news from Japan come through. I am still
looking for great bargains in the selldown stocks which
is fundamentally sound and will benefit from the Japan
after-quake recovery. For technical point, I will be looking
for bottoming signals from the chart but that is unavailable
in many stocks right now. I don't believe in the 2012 end-of-the-world
bullshit and continue to be in the market and don't tell
me about the radiation cloud flowing to Singapore.
It is unlikely to happen, and before it happens, many countries
along the way will be strike first before reaching our shore (sky).
I am looking to pumping money into quality Blue chips, and
for other sectors like the Oil, Commodities and even the
Water treatment companies.
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
These are the emotions and feelings that is feeding
the market right now and are causing the massive
selldown in regional and worldwide market, currency and futures.
STI was down more than 90 points before staging a late
recovery to close down 85 points or 2.8% at 2946 points.
To be frank, I am stuck with a handful of stocks bought
at higher price due to my indiscipline and reluctance to act
when the charts are clearly showing signs that the trend
is over. For the near term, I may become an unwilling
investor or I will just simply close both eyes and cut loss.
With so much uncertainties, the market is going to be
volatile and irrational amid all the possible events popping
up as the news from Japan come through. I am still
looking for great bargains in the selldown stocks which
is fundamentally sound and will benefit from the Japan
after-quake recovery. For technical point, I will be looking
for bottoming signals from the chart but that is unavailable
in many stocks right now. I don't believe in the 2012 end-of-the-world
bullshit and continue to be in the market and don't tell
me about the radiation cloud flowing to Singapore.
It is unlikely to happen, and before it happens, many countries
along the way will be strike first before reaching our shore (sky).
I am looking to pumping money into quality Blue chips, and
for other sectors like the Oil, Commodities and even the
Water treatment companies.
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 15, 2011
Market View 15 March 2011
First and foremost, I received several emails yesterday
and apparently some members were unhappy about the
market saying "" Buy when there is blood in the street"
that was in yesterday's blog citing as inappropriate in
such a insensitive time. Truly, I did not coin this statement,
it had been in the market for a very long time and I am
just quoting it out to describe how I feel about the market
at this moment and nothing else. Period.
From what I can see in the market, stocks will remain
range-bound and waiting for further market signals and
good/bad news from Japan.
Genting will likely move within the 1.91-1.97 range with
a break at either side being monitored and traced closely
by the market players.
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
and apparently some members were unhappy about the
market saying "" Buy when there is blood in the street"
that was in yesterday's blog citing as inappropriate in
such a insensitive time. Truly, I did not coin this statement,
it had been in the market for a very long time and I am
just quoting it out to describe how I feel about the market
at this moment and nothing else. Period.
From what I can see in the market, stocks will remain
range-bound and waiting for further market signals and
good/bad news from Japan.
Genting will likely move within the 1.91-1.97 range with
a break at either side being monitored and traced closely
by the market players.
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, March 14, 2011
Market View 14 March 2011
Some members emailed me over the weekend
asking is now a good time to buy quality stocks
in the market since it is going to be weak today
after the great disaster earthquake in Japan?
I don't wish to comment further today but to leave
the members with 2 market sayings.
The first, " Buy when there is blood in the street" &
the second " Audentes Fortuna Juvat (Fortune Favours The Bold).
Normal market view will resume tomorrow....
asking is now a good time to buy quality stocks
in the market since it is going to be weak today
after the great disaster earthquake in Japan?
I don't wish to comment further today but to leave
the members with 2 market sayings.
The first, " Buy when there is blood in the street" &
the second " Audentes Fortuna Juvat (Fortune Favours The Bold).
Normal market view will resume tomorrow....
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