It's Friday again!
What a good trading week we have been so far!
The music is getting softer and the tempo is getting
slower and we are going to take a break pretty soon.
Yes, some stocks were still charging higher yesterday
but you are right, SOME stocks only. They are recently
in the news or being covered in a buy-call in analyst
research report, you should know who.
Genting hit a high of 2.15 before settling down at 2.12
A few readers asked me whether it will hit the 2.18
resistance soon. From what I see, it is going to face
very strong resistance along the way to 2.18, but even
if it never reach the target, it will hover around the 2.10
region as what was mentioned in blog days ago.
It is likely we will have a rather muted trading day with
most action still being focus on the recent limelight stocks.
Trade with caution, and keep to the trailing stops and
cut-loss.
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, April 8, 2011
Thursday, April 7, 2011
Market View 7 April 2011
STI is up for a consecutive 6 days and the
pennies are also having a good run recently,
BUT the party got to end and the music is stopping
soon. Don't be the last one holding the baby.
From my observations, I believe that there are
signs of "smart" selling at the top in the pennies
right now. The market and pennies are likely to go
for a final burst of fire before taking a kit-kat.
If you are holding on contra buying now, then have a
clear trailing stop and cut-loss point, and when the
final wave of buying comes, be prepare to sell.
If you don't have any buying and wanted to chase some
stock at high-price now, my advice is Don't as you should
be able to get them at a lower price pretty soon.
Do note that I am not trying to say that the market is going
to crash soon whatsoever. It is purely my view that the
market is going for another small surge before profit-taking
steps in. It will be higher price if you are going for the
"small surge" profits as you maybe just able to make peanuts
but you may end up losing "peanuts".
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
pennies are also having a good run recently,
BUT the party got to end and the music is stopping
soon. Don't be the last one holding the baby.
From my observations, I believe that there are
signs of "smart" selling at the top in the pennies
right now. The market and pennies are likely to go
for a final burst of fire before taking a kit-kat.
If you are holding on contra buying now, then have a
clear trailing stop and cut-loss point, and when the
final wave of buying comes, be prepare to sell.
If you don't have any buying and wanted to chase some
stock at high-price now, my advice is Don't as you should
be able to get them at a lower price pretty soon.
Do note that I am not trying to say that the market is going
to crash soon whatsoever. It is purely my view that the
market is going for another small surge before profit-taking
steps in. It will be higher price if you are going for the
"small surge" profits as you maybe just able to make peanuts
but you may end up losing "peanuts".
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
Wednesday, April 6, 2011
Market View 6 April 2011
STI continued to climb higher yesterday but most
mid-caps and pennies were in a profit-taking mood.
A member commented that we are having a Pre-Election
rally right now and it will last till the election period.
I don't wish to be that optimistic and speculative but
it have been a pretty good run.
Some members were still winners as they have
bought the right stock yesterday. I wrote "The main
attraction of the day will be XinRen who finally
put up a good show yesterday surging 3.5cts to close
at day-high 49cts. I believe it should have further momentum
to carry on the climb and further upside will be around
the 54cts region."
Indeed, it was a winner yesterday surging 2cts to close
at 51cts with the day-high as 52cts. Is its surge over?
I certainly don't think so as along as it is above 50cts.
The resistance of 54cts still looks likely with the momentum
still intact.
Genting is another interesting stock yesterday. It surged
past the 2.10 resistance and reach 2.14 only to reverse
gear and close at 2.10 again. My view is that the mark
keep getting higher and higher. It will hover around the
2.10 level and the nearest target is just 8cts away.
Ezion resume trading today and check out the SGX announcemment
for the great news. It should open with a bang today.
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
mid-caps and pennies were in a profit-taking mood.
A member commented that we are having a Pre-Election
rally right now and it will last till the election period.
I don't wish to be that optimistic and speculative but
it have been a pretty good run.
Some members were still winners as they have
bought the right stock yesterday. I wrote "The main
attraction of the day will be XinRen who finally
put up a good show yesterday surging 3.5cts to close
at day-high 49cts. I believe it should have further momentum
to carry on the climb and further upside will be around
the 54cts region."
Indeed, it was a winner yesterday surging 2cts to close
at 51cts with the day-high as 52cts. Is its surge over?
I certainly don't think so as along as it is above 50cts.
The resistance of 54cts still looks likely with the momentum
still intact.
Genting is another interesting stock yesterday. It surged
past the 2.10 resistance and reach 2.14 only to reverse
gear and close at 2.10 again. My view is that the mark
keep getting higher and higher. It will hover around the
2.10 level and the nearest target is just 8cts away.
Ezion resume trading today and check out the SGX announcemment
for the great news. It should open with a bang today.
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, April 5, 2011
Market View 5 April 2011
A few things to talk about today:
The Straits Times' Bulls and Bears column reported
"Trading activity muted,.., as many play wait-and-see game",
which I felt amused. We have another good run yesterday
with many mid-caps and pennies surging high again,
so who is pushing up the stocks? Traders take calculated
risk and enter the market even when the signs are unclear,
but I can understand that the retailers will be much cautious,
and will continue to wait and wait and see and see until the
peak is near, then only will they charge and rush in to pick-up
the remaining fish tails.
Some members asked me whether the musical chair is stopping
soon. From what I see from the market activities, profit-taking
session is quite normal but stocks will recover even stronger
after the selling.
As usual, Genting's rise was capped at 2.10 now, with good support
coming from 2.04 and further upside that I have mentioned many
times before is the 2.18 resistance.
PEC covered the gap and hit a high of 1.22 and closed at 1.20,
so when should we go in again? If you know what I am doing,
it will be above 1.22 or else just stay sideline.
Sinograndness look set to consolidate after a good run.
The main attraction of the day will be XinRen who finally
put up a good show yesterday surging 3.5cts to close at day-high 49cts.
I believe it should have further momentum to carry on the climb
and further upside will be around the 54cts region.
Some members asked about the "future" of Golden Agri, I can only
say that strong storm ahead around the 73.5cts price.
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 Straits Times' Bulls and Bears column reported
"Trading activity muted,.., as many play wait-and-see game",
which I felt amused. We have another good run yesterday
with many mid-caps and pennies surging high again,
so who is pushing up the stocks? Traders take calculated
risk and enter the market even when the signs are unclear,
but I can understand that the retailers will be much cautious,
and will continue to wait and wait and see and see until the
peak is near, then only will they charge and rush in to pick-up
the remaining fish tails.
Some members asked me whether the musical chair is stopping
soon. From what I see from the market activities, profit-taking
session is quite normal but stocks will recover even stronger
after the selling.
As usual, Genting's rise was capped at 2.10 now, with good support
coming from 2.04 and further upside that I have mentioned many
times before is the 2.18 resistance.
PEC covered the gap and hit a high of 1.22 and closed at 1.20,
so when should we go in again? If you know what I am doing,
it will be above 1.22 or else just stay sideline.
Sinograndness look set to consolidate after a good run.
The main attraction of the day will be XinRen who finally
put up a good show yesterday surging 3.5cts to close at day-high 49cts.
I believe it should have further momentum to carry on the climb
and further upside will be around the 54cts region.
Some members asked about the "future" of Golden Agri, I can only
say that strong storm ahead around the 73.5cts price.
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, April 4, 2011
Market View 4 April 2011
One of my trading friend commented that we have
a April Fool's rally last Friday, which was quite aptly
called in my opinion. The index surge past the 3120
level and the mid-caps and pennies also join in
the party.
Those stocks that I mentioned last week also performed
well and I believe the readers should have benefited
from them if they have bought them. I believe that the
stocks will continue to go up with the momentum still
intact. Look out for the commodities, O&M and I have
a feeling that the water treatment stocks will have a
run too.
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: Let me sort out some issues and I will start sending
the analyst reports tomorrow.
a April Fool's rally last Friday, which was quite aptly
called in my opinion. The index surge past the 3120
level and the mid-caps and pennies also join in
the party.
Those stocks that I mentioned last week also performed
well and I believe the readers should have benefited
from them if they have bought them. I believe that the
stocks will continue to go up with the momentum still
intact. Look out for the commodities, O&M and I have
a feeling that the water treatment stocks will have a
run too.
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: Let me sort out some issues and I will start sending
the analyst reports tomorrow.
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