Stocks rebounded late yesterday afternoon
after the Europe bourses opened to the green
side. We can see that market leaders like Singtel,
Genting heading the come-back and in the end
STI closed up 25 points in a turnaround.
I used to comment a lot on Genting some time
back and I believe many readers had benefited
financially way back then. Some readers wanted me
to resume the comment on the stock and I have
obliged and I will start next Monday. But just as an
appetizer, Genting is doing very well with all the
intra-day reversal that I saw on a couple of days.
I have high expectation on the stock and I believe
it will delivers.
STX OSV broke below the 1.39 support level to
a day-low of 1.375 but still managed to close above
at 1.395 I believe the 1.39 level will still be tested
but the supporting forces will protect it vigorously.
It is trading range-bound in a tight 1.33-1.39-1.46
region. I am more bullish bias on the stock.
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.: I will be taking a vacation in 2 weeks time, and further
detail will be unveiled next Monday.
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, September 9, 2011
Thursday, September 8, 2011
Market View 8 September 2011
What a day we had yesterday with so many
stocks having a field day and rebounded well.
There are so many stocks to choose from and
most surged high and provided good profits to
those who ventured into them. I mentioned that
" a rebound is on the card and stocks should
move up in these couple of days cautiously. Stick to
the winner stocks and enjoy the ride.", and indeed
I have enjoyed the ride, and I hope you do too.
A readers commented that he bought Sheng Siong
at 44cts after what I wrote about the stock last
week. I stated that "And the correction will likely
land it in the 44-45cts region", and the lowest the
stock went was 43.5cts, a few bids off my expected
region. I am glad that someone actually benefited from
my analysis of Sheng Siong, that means that he/she
can actually read between the lines. Well done!
With regard to the crowd favourite, STX OSV, it had
done very well recently and 1.39 will become a good
support for now. It should be on its way toward the 1.46
recent high with good volume as a strong back-up.
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
stocks having a field day and rebounded well.
There are so many stocks to choose from and
most surged high and provided good profits to
those who ventured into them. I mentioned that
" a rebound is on the card and stocks should
move up in these couple of days cautiously. Stick to
the winner stocks and enjoy the ride.", and indeed
I have enjoyed the ride, and I hope you do too.
A readers commented that he bought Sheng Siong
at 44cts after what I wrote about the stock last
week. I stated that "And the correction will likely
land it in the 44-45cts region", and the lowest the
stock went was 43.5cts, a few bids off my expected
region. I am glad that someone actually benefited from
my analysis of Sheng Siong, that means that he/she
can actually read between the lines. Well done!
With regard to the crowd favourite, STX OSV, it had
done very well recently and 1.39 will become a good
support for now. It should be on its way toward the 1.46
recent high with good volume as a strong back-up.
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, September 7, 2011
Market View 7 September 2011
Recently, our local market is just like our weather,
unpredictable and erratic, but equally exciting and
"entertaining". Stocks rebounded yesterday afternoon
after a good opening in the European bourses.
We can see that Genting is leading the pack and it
will be the first to react to any inflow of buying and selling
thus it is a good gauge of the sentiment and direction
of the market.
A few readers asked me how will STX OSV react
post-XD. From what I see in the chart and price action,
it should head toward the 1.39 resistance and a strong
break of it will propel to the recent high of 1.46
Readers should be aware that the nearest support level
of 1.33 have been quite stable but one should still be
vigilant in view of the current market situation.
I believe that a rebound is on the card and stocks should
move up in these couple of days cautiously. Stick to
the winner stocks and enjoy the ride.
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
unpredictable and erratic, but equally exciting and
"entertaining". Stocks rebounded yesterday afternoon
after a good opening in the European bourses.
We can see that Genting is leading the pack and it
will be the first to react to any inflow of buying and selling
thus it is a good gauge of the sentiment and direction
of the market.
A few readers asked me how will STX OSV react
post-XD. From what I see in the chart and price action,
it should head toward the 1.39 resistance and a strong
break of it will propel to the recent high of 1.46
Readers should be aware that the nearest support level
of 1.33 have been quite stable but one should still be
vigilant in view of the current market situation.
I believe that a rebound is on the card and stocks should
move up in these couple of days cautiously. Stick to
the winner stocks and enjoy the ride.
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, September 6, 2011
Market View 6 September 2011
This is going to be a very exciting and
equally stressful trading week looking at
all the news, rumours and ominous signs
that are floating and waiting to fall down hard.
If the current US indexes futures are used to
gauge the price action of our local market, then
it is likely to be as bad if not worse than yesterday's
action. Just be very vigilant of the erratic market.
Frankly, I am still picking up stocks bit and bit and
I will increase my buying if and when STI reaches
the 26XX region. I expect good buying strength to
emerge when the sell-off reaches the climax, if
it really happened. If you are seeing Fears in the
market, then you can either stay out and watch the
horror movie on show or pick out some good bargains
along the way.
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
equally stressful trading week looking at
all the news, rumours and ominous signs
that are floating and waiting to fall down hard.
If the current US indexes futures are used to
gauge the price action of our local market, then
it is likely to be as bad if not worse than yesterday's
action. Just be very vigilant of the erratic market.
Frankly, I am still picking up stocks bit and bit and
I will increase my buying if and when STI reaches
the 26XX region. I expect good buying strength to
emerge when the sell-off reaches the climax, if
it really happened. If you are seeing Fears in the
market, then you can either stay out and watch the
horror movie on show or pick out some good bargains
along the way.
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, September 5, 2011
Market View 5 September 2011
With the US indexes down more than 2%
on Friday trading, our market will open weaker
and may become worse in the afternoon when
Europe market opens. Watch out for the US
indexes futures as it will determine our market
direction too.
I am receiving more and more emails on STX OSV
lately and it maybe due to my regular mentioning
of the stock in the blog. This is a winner stock in my
opinion and I don't mind sharing it to the blog readers.
Last Friday, even when it started trading XD with a
5cts dividend, the stock still managed to trade above
1.39 support for most of the day. Today, the support
level will be severely tested again and I expect a breach
of it initially but it should close near the support level
and no surprise that it will close above it too.
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
on Friday trading, our market will open weaker
and may become worse in the afternoon when
Europe market opens. Watch out for the US
indexes futures as it will determine our market
direction too.
I am receiving more and more emails on STX OSV
lately and it maybe due to my regular mentioning
of the stock in the blog. This is a winner stock in my
opinion and I don't mind sharing it to the blog readers.
Last Friday, even when it started trading XD with a
5cts dividend, the stock still managed to trade above
1.39 support for most of the day. Today, the support
level will be severely tested again and I expect a breach
of it initially but it should close near the support level
and no surprise that it will close above it too.
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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