I wasn't available to give a market view yesterday
due to some commitments that I have to fulfill.
Anyway, if you were expecting a massive selldown
in our local market after the biggest one-day fall in
the US this year, then I believe you were quite disappointed
with the market yesterday. STI performed pretty
"impressive" among the regional markets, only falling
12 points or 0.39% while Japan and Hong Kong
were down more than 1.5%.
Genting fell to the $1.97 support level and rebounded
to close at 2.01 As what was mentioned before, it is
now trading in the 1.97-2.04 region for the time being,
and a break of either side will determine the sentiment
and momentum for the following trading sessions.
There are a couple of stocks that I am watching closely
with excitement because I will be able to collect them
once again with reasonable justified lower price, in my view.
PEC will be a good collection below $1 as I know that
it will be up again above the level when the market condition
turns more favourable. I also like Sinograndness for its
fundamental reason and I did win quite a sum from this counter
on numerous times both on contra and investment.
Frankly, to me, many stocks have fall to attractive price region
and I believe that the market will still provide decent and "indecent"
returns on selective stocks which I had mentioned.
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, June 3, 2011
Wednesday, June 1, 2011
Market View 1 June 2011
First trading day of June.
Yesterday was quite an interesting trading day for
many as there were late buying-up in many stocks
like Ezra, STX OSV and etc. A few readers commented
that our market players are quite kiasi and kiasu as
other regional market were surging near to 2%
while our own STI is only up 0.6%. Well, look like
it is in my mentality and we are not as gung-ho like the
rest. US market also surged more than 1% in overnight
trade, how will our market react today?
I believe that today will still be rather quiet with the
attentions and focus concentrated on just a handful
of stocks and not the entire market. Those stocks
that I have been mentioning for the last couple of blogs
are worth a look. Ezra and China Minzhong will be full
of vigour and power above the 1.63 resistance and I
believe that the 2 stocks will re-test this level again
and again, and it will be broken.
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
Yesterday was quite an interesting trading day for
many as there were late buying-up in many stocks
like Ezra, STX OSV and etc. A few readers commented
that our market players are quite kiasi and kiasu as
other regional market were surging near to 2%
while our own STI is only up 0.6%. Well, look like
it is in my mentality and we are not as gung-ho like the
rest. US market also surged more than 1% in overnight
trade, how will our market react today?
I believe that today will still be rather quiet with the
attentions and focus concentrated on just a handful
of stocks and not the entire market. Those stocks
that I have been mentioning for the last couple of blogs
are worth a look. Ezra and China Minzhong will be full
of vigour and power above the 1.63 resistance and I
believe that the 2 stocks will re-test this level again
and again, and it will be broken.
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
Tuesday, May 31, 2011
Market View 31 May 2011
In a flash, we are down to last trading day of a
quiet month. According to Straits Times, yesterday
session's trading volume was the quietest of the year
and even the Chinese New Year eve's trading volume
is even more. I certainly don't believe such a situation
will continue for a long time. One skype reader told me
that it is either the calm before the storm or the surge,
I prefer the latter view in my opinion.
Just to keep it short today, if you don't like what you
seeing in the market, stay out of it. If not, then keep
a lookup for the greens among the reds and pick up
some bargains.
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
quiet month. According to Straits Times, yesterday
session's trading volume was the quietest of the year
and even the Chinese New Year eve's trading volume
is even more. I certainly don't believe such a situation
will continue for a long time. One skype reader told me
that it is either the calm before the storm or the surge,
I prefer the latter view in my opinion.
Just to keep it short today, if you don't like what you
seeing in the market, stay out of it. If not, then keep
a lookup for the greens among the reds and pick up
some bargains.
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
Monday, May 30, 2011
Market View 30 May 2011
Many Skype readers told me that they made peanuts
this month as the market is erratic and "unpredictable",
and some even suffered a losses along the way.
All that I can say is that it had been a rather quiet-trading
month for me, and most of my trades were concentrated
on just a handful of stocks that I know pretty well.
It is alright to know a stock well but not falling in love
with it, and to me, it is an essential of making money from
Mr Market day-in-day-out. I don't jump straight into a
suddenly-become-hot stock but I will watch it over a few
days, knowing its pattern and style of the market players
behind it, before committing myself to the stock.
Last week, I mentioned the stock Hu An Cable which is
an unknown stock to many. I first noticed the stock from
a Skype reader (You know who you are, Thank you.)
months ago, and after looking at the fundamental of stock,
I know it is only a matter of time that its value will be
appreciated by the market players. Then, from the chart,
I noticed that it is on the fringe of a breakout, so I just
raise an alert in the blog entry last week. From the feedback,
I know that only a small pool of readers are in the stocks
due to various reason, with the main issue being the beaish
view that some are holding. I mentioned that the next resistance
will be at 41cts and 43cts with 37cts as the crucial support
this round. Please have a tight and strict cut-loss on the stock
as Murphy's Law may just surface in such a market sentiment.
I am still quite bullish on the stock but once 37cts is broken,
my view will be negated.
Look for those stocks that are still trading in the green despite
the doom and gloom sight now. I am "watching" STX OSV,
Ezion, Ezra, Ausgroup and the palm oil counters right now.
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
this month as the market is erratic and "unpredictable",
and some even suffered a losses along the way.
All that I can say is that it had been a rather quiet-trading
month for me, and most of my trades were concentrated
on just a handful of stocks that I know pretty well.
It is alright to know a stock well but not falling in love
with it, and to me, it is an essential of making money from
Mr Market day-in-day-out. I don't jump straight into a
suddenly-become-hot stock but I will watch it over a few
days, knowing its pattern and style of the market players
behind it, before committing myself to the stock.
Last week, I mentioned the stock Hu An Cable which is
an unknown stock to many. I first noticed the stock from
a Skype reader (You know who you are, Thank you.)
months ago, and after looking at the fundamental of stock,
I know it is only a matter of time that its value will be
appreciated by the market players. Then, from the chart,
I noticed that it is on the fringe of a breakout, so I just
raise an alert in the blog entry last week. From the feedback,
I know that only a small pool of readers are in the stocks
due to various reason, with the main issue being the beaish
view that some are holding. I mentioned that the next resistance
will be at 41cts and 43cts with 37cts as the crucial support
this round. Please have a tight and strict cut-loss on the stock
as Murphy's Law may just surface in such a market sentiment.
I am still quite bullish on the stock but once 37cts is broken,
my view will be negated.
Look for those stocks that are still trading in the green despite
the doom and gloom sight now. I am "watching" STX OSV,
Ezion, Ezra, Ausgroup and the palm oil counters right now.
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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