All eyes and of course all ears are on Fed
chairman Mr Bernanke tonight as to what is
the Fed's view on the US economy and whether
there will be another Quantitative Easing (QE3)
this time round. My personal view is there won't
be any concrete statement from the Fed and it
is likely that there is not going to be pushing out
a QE3.
It is going to be a really interesting trading day
as US markets pre-dropped in overnight trade
and I believe that we are going to feel the impact
today. Expect stocks to trade in narrow ranges
and if there is any flash sell-off, it is a good time
to pick up the bargains.
Today is the cooling-off day for the Presidential
Election and indeed it started off very cool as
there were heavy rain island-wide. As the readers
know, I don't like to talk politics in this blog but
I feel that I can't be that "cool" and need to voice
out my personal view on the PE. I feel that the
President need to be vocal, daring and compassionate
enough to speak out and address any concerns
from the ground rather than relaxing in Istana.
He shouldn't be just a symbolic figure with his
pictures all around the government agencies and
institutions. To sum it out, I don't want to see and
hear from the President only during public holiday
when the Istana is open to the public. I would like
to constantly see and hear from him regularly.
To the 4 Tans, may the best man wins.
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, August 26, 2011
Thursday, August 25, 2011
Market View 25 August 2011
A reader told me yesterday that recently whenever
US indexes went up in overnight trade, the next day,
our market will suffer a sell-off. I look back at past
few trading session, and although she was not 100%
right but in some days, the market really performed
like what she stated. US is once again up in overnight
session, so how will our market react today?
It has been really highly volatile and irrational trading
nowadays with so much news, rumours, speculations
and expectations circulating on the ground and in the air.
I am still a net buyer at this time while waiting for the
Financial Armageddon to arrive, if it ever will be coming.
If you ask for my frank view, I will tell you that it will
not come, and all the gloom and doom is just temporary.
I maybe wrong with my so optimistic view, but I choose
to take it that the cup is half full, and I stand by my view
until Mr Market proves me wrong.
STX OSV suffered a profit-taking session yesterday and
closed at 1.325, a bid below the 1.33 support/resistance
level. Some readers asked me for either re-enter or
fresh enter price for the stock, and I replied them that
it is a good time to get in the 1.3x region. But take note
that it is a mid-term entry and not a contra or intra trade.
If you want a much shorter term entry for the stock and
wanted a quick profit for the stock, talk to me in Skype.
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
US indexes went up in overnight trade, the next day,
our market will suffer a sell-off. I look back at past
few trading session, and although she was not 100%
right but in some days, the market really performed
like what she stated. US is once again up in overnight
session, so how will our market react today?
It has been really highly volatile and irrational trading
nowadays with so much news, rumours, speculations
and expectations circulating on the ground and in the air.
I am still a net buyer at this time while waiting for the
Financial Armageddon to arrive, if it ever will be coming.
If you ask for my frank view, I will tell you that it will
not come, and all the gloom and doom is just temporary.
I maybe wrong with my so optimistic view, but I choose
to take it that the cup is half full, and I stand by my view
until Mr Market proves me wrong.
STX OSV suffered a profit-taking session yesterday and
closed at 1.325, a bid below the 1.33 support/resistance
level. Some readers asked me for either re-enter or
fresh enter price for the stock, and I replied them that
it is a good time to get in the 1.3x region. But take note
that it is a mid-term entry and not a contra or intra trade.
If you want a much shorter term entry for the stock and
wanted a quick profit for the stock, talk to me in Skype.
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, August 24, 2011
Market View 24 August 2011
US market surged in overnight trade with the
Dow posting a 3% gain or 322 points, Nasdaq
also added 4.3% and S&P 500 gained 3.4%
Mr Bernanke will be making a key speech this
Friday and it seems like the market is having a
pre-major announcement rally right now.
Our market also performed very well yesterday
in anticipation of a strong performance in Wall
Street overnight. Many stocks surged through
the roof only to be brought back a couple of bids
before the closing bell.
Some readers want to know whether STX OSV
is still a Buy at this stage. I have been mentioning
this counter for a while now and my name is almost
synonym with STX OSV. I even sticked out my head
and give a 50% projection from the 1.1x price I bought
at which is about 1.70 with my target price. I continue
to like the stock but at this time, the stock had moved
about 30cts from the low and it should consolidate
or have a slight move-up to the next resistance around
the 1.46 level. It will have good supports in the 1.3x
and thus will be a good time to pick up the stock.
Do take note that Never fall in love with a stock, and
always have a trailing stop and cut-loss in place.
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
Dow posting a 3% gain or 322 points, Nasdaq
also added 4.3% and S&P 500 gained 3.4%
Mr Bernanke will be making a key speech this
Friday and it seems like the market is having a
pre-major announcement rally right now.
Our market also performed very well yesterday
in anticipation of a strong performance in Wall
Street overnight. Many stocks surged through
the roof only to be brought back a couple of bids
before the closing bell.
Some readers want to know whether STX OSV
is still a Buy at this stage. I have been mentioning
this counter for a while now and my name is almost
synonym with STX OSV. I even sticked out my head
and give a 50% projection from the 1.1x price I bought
at which is about 1.70 with my target price. I continue
to like the stock but at this time, the stock had moved
about 30cts from the low and it should consolidate
or have a slight move-up to the next resistance around
the 1.46 level. It will have good supports in the 1.3x
and thus will be a good time to pick up the stock.
Do take note that Never fall in love with a stock, and
always have a trailing stop and cut-loss in place.
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, August 23, 2011
Market View 23 August 2011
What a roller-coaster ride it had been yesterday
when many stocks price went through the high
and low and then high again. STX OSV was one
of them, having traded to a low of 1.325 in the
early morning, it reversed and surged to a day-high
of 1.395 then succumb to weakness back to around
1.33 support level only to surge once again when
the Europe market opened to close at 1.39, right
at the resistance level. I actually talked little about
the stock, as I believe that the readers already
know what is my view on the stock as I had sticked
out my head for this stock months ago. Thankfully,
my head is still with me and I don't think I will be
losing it in anytime.
Stocks are expected to trade in a tight range for these
days while waiting for clearer picture in the horizon.
But to me, all these gloomy outlook and news reports
are just stating their views and giving their predictions
and forecasts. I choose to believe in my instinct and
trusted chart and it is looking fine and well at this time.
I continue to pick up stocks threw out during panic selling
while keeping a close watch on what is happening
abroad and within. If you want to know who my vote
will go to in the PE, then you won't get to know the answer
as I prefer to keep politics out of this blog. I can only
say that choose wisely and open your ear and eye to
the candidates' background and what they stand for,
and not to choose a symbolic figure again.
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
when many stocks price went through the high
and low and then high again. STX OSV was one
of them, having traded to a low of 1.325 in the
early morning, it reversed and surged to a day-high
of 1.395 then succumb to weakness back to around
1.33 support level only to surge once again when
the Europe market opened to close at 1.39, right
at the resistance level. I actually talked little about
the stock, as I believe that the readers already
know what is my view on the stock as I had sticked
out my head for this stock months ago. Thankfully,
my head is still with me and I don't think I will be
losing it in anytime.
Stocks are expected to trade in a tight range for these
days while waiting for clearer picture in the horizon.
But to me, all these gloomy outlook and news reports
are just stating their views and giving their predictions
and forecasts. I choose to believe in my instinct and
trusted chart and it is looking fine and well at this time.
I continue to pick up stocks threw out during panic selling
while keeping a close watch on what is happening
abroad and within. If you want to know who my vote
will go to in the PE, then you won't get to know the answer
as I prefer to keep politics out of this blog. I can only
say that choose wisely and open your ear and eye to
the candidates' background and what they stand for,
and not to choose a symbolic figure again.
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, August 22, 2011
Market View 22 August 2011
This is going to be a rather short blog this
morning as I have nothing unusual to report
and my view remains the same.
After reading all the doom-day reports in our
newspapers over the weekend, I have decided
to..................CONTINUE to BUY in such a
market situation. In fact, I hope that there is
panic selling on opening bell, and the index
will drop below 2700. This will be a great time
for me to do some shopping and bargain
hunting of the quality stock being sell-down
indiscriminately. What a day it is going to be!
I stated last week that if 2700 is breached, then
I am looking at the next support level at 2650.
I believe that the mid-long term investor will rush
in at the mentioned level and start picking up
stocks and that will really provide a good back-up
to any further weakness.
For those who are willing to take a risk in such a
uncertainty and volatile market condition, do take
note to have a longer investment horizon and
be prepared to ride out this storm.
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
morning as I have nothing unusual to report
and my view remains the same.
After reading all the doom-day reports in our
newspapers over the weekend, I have decided
to..................CONTINUE to BUY in such a
market situation. In fact, I hope that there is
panic selling on opening bell, and the index
will drop below 2700. This will be a great time
for me to do some shopping and bargain
hunting of the quality stock being sell-down
indiscriminately. What a day it is going to be!
I stated last week that if 2700 is breached, then
I am looking at the next support level at 2650.
I believe that the mid-long term investor will rush
in at the mentioned level and start picking up
stocks and that will really provide a good back-up
to any further weakness.
For those who are willing to take a risk in such a
uncertainty and volatile market condition, do take
note to have a longer investment horizon and
be prepared to ride out this storm.
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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