Dow rose yet again in overnight with a 93
points surge and S&P 500 added another 1%.
It seems like the index may rise further tonight
as "Analysts said stocks could rally further on
Friday if the Labour Department puts June jobs
growth at more than 125,000."
Back to our shore, it seems like only the blue
chips are really enjoying their days as the STI
move north, but most of the other pennies and
mid-caps stocks only move a little with some
even falling backward.
I expect the market to trade in a narrow range
today with a more neutral bias. Stick with the
greens. I will be going for holiday for about a week
so the blog will be close in this period.
Expect the unexpected but always have a stop-loss
as a protection and trailing stops as a profit-preservation.
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, July 8, 2011
Thursday, July 7, 2011
Market View 07 July 2011
I just noticed that this will be the 600th posting
in this blog. It has been a really long time since
I started the blog in 2008 and the readers have
progressively increase throughout the years.
I don't do much advertising or marketing of the
site and it is good to be a like a "niche" site with
about 200 members reading my site daily.
I will continue to post in the blog until one fine day
when I am the only one talking to myself in the
cyberspace. Is there a cyber-MPH around?
========================================
It seems like the Eurozone debt crisis is in the
play again, this time we have Moody's cutting
Portugal credit rating to Junk, and Ireland the
next one in the chopping board. The PIGS issues
have been in the limelight for quite some time,
and it look likely to drag down the market and
maybe even triggering off another selloff. If this
the case, then it will once again be a wonderful
time to pick up some good bargains.
If it happens........
Stick to the greens with momentum in such a
time and have a clear cut-loss and trailing stop.
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
in this blog. It has been a really long time since
I started the blog in 2008 and the readers have
progressively increase throughout the years.
I don't do much advertising or marketing of the
site and it is good to be a like a "niche" site with
about 200 members reading my site daily.
I will continue to post in the blog until one fine day
when I am the only one talking to myself in the
cyberspace. Is there a cyber-MPH around?
========================================
It seems like the Eurozone debt crisis is in the
play again, this time we have Moody's cutting
Portugal credit rating to Junk, and Ireland the
next one in the chopping board. The PIGS issues
have been in the limelight for quite some time,
and it look likely to drag down the market and
maybe even triggering off another selloff. If this
the case, then it will once again be a wonderful
time to pick up some good bargains.
If it happens........
Stick to the greens with momentum in such a
time and have a clear cut-loss and trailing stop.
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
Wednesday, July 6, 2011
Market View 6 July 2011
The local market is taking a breather after a
good performance lately and rightly so.
We are seeing stocks in red but the profit-taking
is not as intense as expected by some people.
I believe the market will spur to life very soon
and resume the recent surge. One very hardworking
Skype reader commented to me that whenever I
go for a holiday, the market will drop in my absence.
I was amused by this comment and let's see whether
it turn out to be this way again.
Genting dropped below the 1.90 support to close down
3cts at 1.895 I believe it will not be at this price for long
and will be above the 1.90 very soon.
STX OSV is also taking a breather but as long as it is
above the 1.36 strong support, I believe it will be breaking
the recent high of 1.41 pretty soon. It is only waiting for
the buying volume to surface again, but this time it is likely
to take a longer route as each bid is not 0.5cts
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
good performance lately and rightly so.
We are seeing stocks in red but the profit-taking
is not as intense as expected by some people.
I believe the market will spur to life very soon
and resume the recent surge. One very hardworking
Skype reader commented to me that whenever I
go for a holiday, the market will drop in my absence.
I was amused by this comment and let's see whether
it turn out to be this way again.
Genting dropped below the 1.90 support to close down
3cts at 1.895 I believe it will not be at this price for long
and will be above the 1.90 very soon.
STX OSV is also taking a breather but as long as it is
above the 1.36 strong support, I believe it will be breaking
the recent high of 1.41 pretty soon. It is only waiting for
the buying volume to surface again, but this time it is likely
to take a longer route as each bid is not 0.5cts
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, July 5, 2011
Market View 05 July 2011
US market was closed for 4th July holiday
so will the mice come out and play when the
cat is away?
STI were up yesterday but as many stocks
closed in the green although it was the first
day of the new minimum bid size took place.
Some readers asked the reason to why Genting
was not mentioned in the blog recently, is it because
it is out of my radar already? The answer is a
firm "No". I never talk about the stock as it is
trading now within range, and if it never breakout
of the 1.90-1.97 range then there is noting worth
mentioning, in my view.
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
so will the mice come out and play when the
cat is away?
STI were up yesterday but as many stocks
closed in the green although it was the first
day of the new minimum bid size took place.
Some readers asked the reason to why Genting
was not mentioned in the blog recently, is it because
it is out of my radar already? The answer is a
firm "No". I never talk about the stock as it is
trading now within range, and if it never breakout
of the 1.90-1.97 range then there is noting worth
mentioning, in my view.
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, July 4, 2011
Market View 4 July 2011
Another fresh trading week and the main issue
for today will be the revised bid size for the stocks
by SGX. For those below 20cts stocks, each bid is
0.1ct, that is now the lowest a stock can go is 0.001
For example, a stock at 10cts will have buy bid at 0.10
and a sell bid at 0.101.
Those stocks between 0.20-1.00, the bid size of 0.5cts
remains but for those $1.00-2.00 stocks will have bids
revised from 1cts to 0.5cts. For example Genting will
now have bids like buy 1.920 and sell queue at 1.925
Those stocks above $2 will have bids apart at 1cts,
that is buy $2 and sell at 2.01
For more information, read up SGX announcement
Although the STI is above 3100 now, but the main
concern is whether there will be further upside going
forward. I noted that although the index is soaring,
not many pennies and mid-caps are really performing that
particularly well other than a few selected one, like
STX OSV. I am totally not interested in those speculative
one-day-wonder kind of stocks that is always in the
Top Volume. I prefer to deal with stocks that I know well
and the rewards have been fulfilling.
From what I observe, I believe that the market is only
suitable to do short-term contra transactions for the
moment as there will be lots of uncertainties and concerns
headwind in the horizon. Stocks are going to take a breather
as what mentioned in blog last Friday but there are still
trading opportunities in hot stocks as there will be pursued and
push-up every now and then. If you have missed to park
your money in quality stocks at reasonable low price during
the weak May-June period, don't worry, you can get your
desired stocks at a discount in the months ahead.
The reporting reason is starting soon, and although I expect
to see good corporate results, the issue remains to be how
much of the results have already been factored into
Mr Market's hand.
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
for today will be the revised bid size for the stocks
by SGX. For those below 20cts stocks, each bid is
0.1ct, that is now the lowest a stock can go is 0.001
For example, a stock at 10cts will have buy bid at 0.10
and a sell bid at 0.101.
Those stocks between 0.20-1.00, the bid size of 0.5cts
remains but for those $1.00-2.00 stocks will have bids
revised from 1cts to 0.5cts. For example Genting will
now have bids like buy 1.920 and sell queue at 1.925
Those stocks above $2 will have bids apart at 1cts,
that is buy $2 and sell at 2.01
For more information, read up SGX announcement
Although the STI is above 3100 now, but the main
concern is whether there will be further upside going
forward. I noted that although the index is soaring,
not many pennies and mid-caps are really performing that
particularly well other than a few selected one, like
STX OSV. I am totally not interested in those speculative
one-day-wonder kind of stocks that is always in the
Top Volume. I prefer to deal with stocks that I know well
and the rewards have been fulfilling.
From what I observe, I believe that the market is only
suitable to do short-term contra transactions for the
moment as there will be lots of uncertainties and concerns
headwind in the horizon. Stocks are going to take a breather
as what mentioned in blog last Friday but there are still
trading opportunities in hot stocks as there will be pursued and
push-up every now and then. If you have missed to park
your money in quality stocks at reasonable low price during
the weak May-June period, don't worry, you can get your
desired stocks at a discount in the months ahead.
The reporting reason is starting soon, and although I expect
to see good corporate results, the issue remains to be how
much of the results have already been factored into
Mr Market's hand.
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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