This should be my last entry for the time being before
my holiday from 27 April to 11 May. I expect the
market to be rather volatile in this period and it will
be good to exercise caution when dealing with stocks
in the news or have just reported results.
Genting hit a high of 2.25 before closing at 2.23
I expect it to re-test again for a break above 2.25
and the near-term target will be at around 2.32
with the 52-week high of 2.35 a stone-throw away.
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.: From what I can see, my Yahoo email is back in full capability
already and I will send out the reports asap. If you never receive
any report by tomorrow morning, then I have to say "Very Sorry".
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Tuesday, April 26, 2011
Monday, April 25, 2011
Market View 25 April 2011
I just realised that I posted the wrong date of my
holiday last week. The actual date will be from this
Wednesday 27 April to 11 May next month.
By the way, I am still having issues with the Yahoo
mail but I will try to send out the reports by Wednesday.
This Wednesday is the Nomination Day and all eyes
will be on this day on whether all the 87 seats will be
contested. I believe it will be a great "victory" for the
Oppositions if they manage to gather enough candidates
to fight for every seats.
If you are expecting a pre-Nomination day rally or
pre-Election day rally then I suggest that you better focus
on the corporate results that are coming out this 2 weeks.
We also have the Federal meeting this week as well and
it will be important to see what the Fed chief Bernanke will
deliver on whether they will be another QE3 coming.
On the individual stocks, Genting will have good support at
2.18 as many have already knew by now and the next resistance
will be at 2.26
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
holiday last week. The actual date will be from this
Wednesday 27 April to 11 May next month.
By the way, I am still having issues with the Yahoo
mail but I will try to send out the reports by Wednesday.
This Wednesday is the Nomination Day and all eyes
will be on this day on whether all the 87 seats will be
contested. I believe it will be a great "victory" for the
Oppositions if they manage to gather enough candidates
to fight for every seats.
If you are expecting a pre-Nomination day rally or
pre-Election day rally then I suggest that you better focus
on the corporate results that are coming out this 2 weeks.
We also have the Federal meeting this week as well and
it will be important to see what the Fed chief Bernanke will
deliver on whether they will be another QE3 coming.
On the individual stocks, Genting will have good support at
2.18 as many have already knew by now and the next resistance
will be at 2.26
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
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