It was a good strong run-up yesterday and
as expected, I knew that there will be emails
and skype messages asking me the same
old question: Can I buy now?
Interestingly, I observed that many retailers
will only start buying when they see the all-green
sign while the seasoned market players will
start to grab stocks when there are blood all
over the market. This is a incorrect way of
dealing with Mr Market and it got to change.
Good money can be made while stepping on
the blood on the street. I did not coined this
saying, as this is an old time Wall Street quote.
Like what I mentioned yesterday, the current
surge is a rebound, and it is looking to be a
strong V-Shape rebound which is fast and
furious as you may observed with some stocks.
Most stocks will open higher, and some may
even gap-up again today. If you are just jumping
into the market, you are in with a higher price
and the higher risks that come with it. Seriously,
I believe there are still chances that the market
will come down after this rebound, but it is unlikely
that it will fall below the recent low.
Some readers want me to talk about STX OSV again.
Well, yesterday while it was surging, I mentioned
to a handful of skype readers that it will face strong
resistance at 91cts, and I was off by just one bid as
its day-high was 90.5cts and it closed at 89.5cts.
The stock had rebounded well after coming off the
IPO price of 79cts. I knew of readers who made contra
profits off the stock and some even got in at a good
price for investment purpose. Please practice good
money-management. It will likely break 91cts today
but it need to sit firmly above the level for any potential
of reaching the next hurdle at 96cts, or else it will test the
nearest support at 87cts.
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, October 7, 2011
Thursday, October 6, 2011
Market View 6 October 2011
Ok, so Wall Street ended in the green for
consecutive days and I know that many readers
will be wondering whether the thunderstorm is
over or is it just that we are in the hurricane eye.
My personal view is that we are in a rebound
now as the markets are oversold and this is
quite normal in a volatile stage we are in.
But do take note of the recent low of the stocks
and indexes, and if it is not breached in the near
term, it may have hit an interim-low. If the
rebound continues, then a trend will be formed,
an upside trend, for all who wish to know. 8-)
It is likely that volatile and irrational trading will
continue, but frankly, it is not really entirely a
bad thing, just watch out for the recent low.
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
consecutive days and I know that many readers
will be wondering whether the thunderstorm is
over or is it just that we are in the hurricane eye.
My personal view is that we are in a rebound
now as the markets are oversold and this is
quite normal in a volatile stage we are in.
But do take note of the recent low of the stocks
and indexes, and if it is not breached in the near
term, it may have hit an interim-low. If the
rebound continues, then a trend will be formed,
an upside trend, for all who wish to know. 8-)
It is likely that volatile and irrational trading will
continue, but frankly, it is not really entirely a
bad thing, just watch out for the recent low.
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, October 4, 2011
Market View 5 October 2011
Ok, it seems that we have a very unhappy
reader who keep posting comments on the blog
talking about STX OSV.
This was what happened: Before I left for my vacation,
my last posting on STX OSV on 15th September was "
STX OSV broke below the 1.33 major support for
consecutive days but managed to close above it
yesterday. Technically, I like what I saw from its
closing and 1.33 will remain strong and further
upside is at the 1.39 area."
But on the 16th, STX OSV succumb to heavy selling
and breached the 1.33 support level and fell to a
low of 1.22 before closing 1.23.
As I got an early flight out of Singapore on Saturday,
I was only in the market on Friday for about half day.
Frankly, I didn't managed to sell my holdings but my
contra buying was already sold off days ago since I
am going for vacation. Anyway, I also have no intention
of selling my holding since they are bought at low price
and my expectation of it is a 50% return as many should
have read it in my blog before. Till date, I still have the
stock with me, and the quantity had added-up too.
To the reader who posted the comment that I "have
already sold all at a profit...", I posted on Monday that
"Truthfully, I am still in the stock as I still believe in the
stock's propsect and believe that the selling was overdone.
I can't overturn the pessimism on the stock by myself but
I can hold differing opinion on the stock against the
masses and I believe I will be proven right as the time
passes by."
I am aware that the reader may have suffered losses with
STX OSV during my vacation, but I have specifically and
for countless times cautioned that one should have a cut-loss
level whenever they contra or intra-day trade. If you never
have one in place, then you are playing with fire and tempting
with fate, and eventually Mr Market will caught up with you,
which unfortunately should be what exactly happened.
Some readers I skyped with told me to just ignore and forget
such an incident as this is just a small molehill being turned
into a mountain. I don't really concur with their opinion and
I believe that I do have a part to play in that readers' losses
in STX OSV. If I make a posting on the 16th September night
with my view on STX OSV, then maybe the reader will
have cut his/her contra and may not have made a possible big
losses in days.
This recent incident really did dampen my mood and sentiment
and I have borrowed a few listening ears to hear my side
of happening. Thank you for the few readers willing to lend
me their ears. Come to think of it, I have given many accurate
recommendations on quite many stocks and sometime it is
pin-point to the exact price. The most recently being Sheng Siong
when I specifically told a readers that the straight-line surge will
end at 57cts and I was only off by a single bid. Many readers
will also remembered that I was exactly on the dot with Sinograndness
last year and quite many readers profited as much as 10cts.
I have also given many accurate recommendation on Genting,
STX OSV, the palm oil counters, etc. I am very confident that
many readers should have greatly benefited and profited from
my recommendations regardless it is intra-day and/or contra
trading and also investment with the many winner stocks.
History is written by Victors and Audentes Fortuna Juvat
(Fortune Favours the Bold), I believe that NOW is a GREAT
time to starting picking up stocks. I am not saying just throw
a dart on the stock list and just grab it. I am saying to buy
quality stocks, like the Blues for those who believe in fundamental
and Singapore won't sink in the near future. There are also
good mid and small caps worth putting money into and many
stocks can really appreciate when the market gets better.
For the readers who are with the blog for a while,
you should know that I like to stick my head out
in order to challenge something or to prove a point.
Guess what, I am putting my head on the deadly gallow
again. I am stating that on 31 December 2011, STI is
going to close higher than 2531 which was yesterday's
closing figure. Also, most volatile and active trading stocks
are going to close above their closing yesterday as well.
I certainly hope it is not a moment of folly or maddness
by me, and I maintain my confidence and belief that it
will be the case by the end of the year.
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
reader who keep posting comments on the blog
talking about STX OSV.
This was what happened: Before I left for my vacation,
my last posting on STX OSV on 15th September was "
STX OSV broke below the 1.33 major support for
consecutive days but managed to close above it
yesterday. Technically, I like what I saw from its
closing and 1.33 will remain strong and further
upside is at the 1.39 area."
But on the 16th, STX OSV succumb to heavy selling
and breached the 1.33 support level and fell to a
low of 1.22 before closing 1.23.
As I got an early flight out of Singapore on Saturday,
I was only in the market on Friday for about half day.
Frankly, I didn't managed to sell my holdings but my
contra buying was already sold off days ago since I
am going for vacation. Anyway, I also have no intention
of selling my holding since they are bought at low price
and my expectation of it is a 50% return as many should
have read it in my blog before. Till date, I still have the
stock with me, and the quantity had added-up too.
To the reader who posted the comment that I "have
already sold all at a profit...", I posted on Monday that
"Truthfully, I am still in the stock as I still believe in the
stock's propsect and believe that the selling was overdone.
I can't overturn the pessimism on the stock by myself but
I can hold differing opinion on the stock against the
masses and I believe I will be proven right as the time
passes by."
I am aware that the reader may have suffered losses with
STX OSV during my vacation, but I have specifically and
for countless times cautioned that one should have a cut-loss
level whenever they contra or intra-day trade. If you never
have one in place, then you are playing with fire and tempting
with fate, and eventually Mr Market will caught up with you,
which unfortunately should be what exactly happened.
Some readers I skyped with told me to just ignore and forget
such an incident as this is just a small molehill being turned
into a mountain. I don't really concur with their opinion and
I believe that I do have a part to play in that readers' losses
in STX OSV. If I make a posting on the 16th September night
with my view on STX OSV, then maybe the reader will
have cut his/her contra and may not have made a possible big
losses in days.
This recent incident really did dampen my mood and sentiment
and I have borrowed a few listening ears to hear my side
of happening. Thank you for the few readers willing to lend
me their ears. Come to think of it, I have given many accurate
recommendations on quite many stocks and sometime it is
pin-point to the exact price. The most recently being Sheng Siong
when I specifically told a readers that the straight-line surge will
end at 57cts and I was only off by a single bid. Many readers
will also remembered that I was exactly on the dot with Sinograndness
last year and quite many readers profited as much as 10cts.
I have also given many accurate recommendation on Genting,
STX OSV, the palm oil counters, etc. I am very confident that
many readers should have greatly benefited and profited from
my recommendations regardless it is intra-day and/or contra
trading and also investment with the many winner stocks.
History is written by Victors and Audentes Fortuna Juvat
(Fortune Favours the Bold), I believe that NOW is a GREAT
time to starting picking up stocks. I am not saying just throw
a dart on the stock list and just grab it. I am saying to buy
quality stocks, like the Blues for those who believe in fundamental
and Singapore won't sink in the near future. There are also
good mid and small caps worth putting money into and many
stocks can really appreciate when the market gets better.
For the readers who are with the blog for a while,
you should know that I like to stick my head out
in order to challenge something or to prove a point.
Guess what, I am putting my head on the deadly gallow
again. I am stating that on 31 December 2011, STI is
going to close higher than 2531 which was yesterday's
closing figure. Also, most volatile and active trading stocks
are going to close above their closing yesterday as well.
I certainly hope it is not a moment of folly or maddness
by me, and I maintain my confidence and belief that it
will be the case by the end of the year.
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
Market View 4 October 2011
Ok, a reader left a comment yesterday and
it reads "Nothing but bullshit!" and I can only
assume that he/she is referring to my blog
post yesterday or to my entire blog as a whole.
I believe that anyone is entitled to his/her own
view and I will not remove or delete the comment.
If possible, the poster can email me or skype
me and tell me what improvement he/she wishes
to see in the blog or how I can enhance the
features on the blog.
I received feedback before that my blog postings
are sometime too general and they wish to see
specify stocks being mentioned and the exact
entry price being listed out. I don't think I will be
doing that in a large scale but I will be touching on
stocks when I see a great potential in them.
For those readers who are skeptical that whether
I have the "material" to talk about stocks and
the market, try skype me and talk to me, then you
will know whether I got "material" or not. There are
a handful of regulars that I chat with and they can
validate and verify the "material" in me. 8-)
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
it reads "Nothing but bullshit!" and I can only
assume that he/she is referring to my blog
post yesterday or to my entire blog as a whole.
I believe that anyone is entitled to his/her own
view and I will not remove or delete the comment.
If possible, the poster can email me or skype
me and tell me what improvement he/she wishes
to see in the blog or how I can enhance the
features on the blog.
I received feedback before that my blog postings
are sometime too general and they wish to see
specify stocks being mentioned and the exact
entry price being listed out. I don't think I will be
doing that in a large scale but I will be touching on
stocks when I see a great potential in them.
For those readers who are skeptical that whether
I have the "material" to talk about stocks and
the market, try skype me and talk to me, then you
will know whether I got "material" or not. There are
a handful of regulars that I chat with and they can
validate and verify the "material" in me. 8-)
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, October 3, 2011
Market View 3 October 2011
In a flash, my holiday is over and the
Q3 is also over and we are in the first
trading day of Q4 2011. It seems that my
travel jinx had strikes again and the market
was in disarray and chaos from the first day
I left the country on a plane. Now with the
financial troubles seem to be never-ending
and STI is now at 2675 and and heading into
another bloodshed today, what is my view
in all these gloom and doom?
A lot of readers and members asked me about
STX OSV which had fallen from grace and
it is currently trading in the 90s. It was one of
my great recommendation and I can say that
many did benefit from it. Before I went for my
holiday, any enquires about STX OSV was answered
by me in just one way. I specifically told the readers
that they can only invest in the stock and not buying
it on contra, but I wonder how many did heed my
advice. The stock fell because of fallen expectation
on the future earning and new order prospect by
the analysts covering the stock. Market and stocks
are driven by expectations and predictions from the
mass market players although the fundamental of
stock may not have change at all. Truthfully, I am still
in the stock as I still believe in the stock's propsect
and believe that the selling was overdone. I can't
overturn the pessimism on the stock by myself but
I can hold differing opinion on the stock against the
masses and I believe I will be proven right as the time
passes by.
As I was mentioning just now, amidst all the chaos,
disarray, crisis, doom and gloom lies great opportunities
that the brave and vigilant can venture and gain from it.
My blog title is 危机就是转机! and I still held the belief
that this CRISIS is a GREAT opportunity to rearrange the
riches in the market. With the STI in the 26XX region now,
it will be a marvelous time to pick up and BUY.
If you are still waiting, then history will repeat again and
you will be buying at the near peak once again when
the market rebounded strongly. I expect a good reversal
rally this quarter and I believe we should have a profitable
quarter to show for.
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
Q3 is also over and we are in the first
trading day of Q4 2011. It seems that my
travel jinx had strikes again and the market
was in disarray and chaos from the first day
I left the country on a plane. Now with the
financial troubles seem to be never-ending
and STI is now at 2675 and and heading into
another bloodshed today, what is my view
in all these gloom and doom?
A lot of readers and members asked me about
STX OSV which had fallen from grace and
it is currently trading in the 90s. It was one of
my great recommendation and I can say that
many did benefit from it. Before I went for my
holiday, any enquires about STX OSV was answered
by me in just one way. I specifically told the readers
that they can only invest in the stock and not buying
it on contra, but I wonder how many did heed my
advice. The stock fell because of fallen expectation
on the future earning and new order prospect by
the analysts covering the stock. Market and stocks
are driven by expectations and predictions from the
mass market players although the fundamental of
stock may not have change at all. Truthfully, I am still
in the stock as I still believe in the stock's propsect
and believe that the selling was overdone. I can't
overturn the pessimism on the stock by myself but
I can hold differing opinion on the stock against the
masses and I believe I will be proven right as the time
passes by.
As I was mentioning just now, amidst all the chaos,
disarray, crisis, doom and gloom lies great opportunities
that the brave and vigilant can venture and gain from it.
My blog title is 危机就是转机! and I still held the belief
that this CRISIS is a GREAT opportunity to rearrange the
riches in the market. With the STI in the 26XX region now,
it will be a marvelous time to pick up and BUY.
If you are still waiting, then history will repeat again and
you will be buying at the near peak once again when
the market rebounded strongly. I expect a good reversal
rally this quarter and I believe we should have a profitable
quarter to show for.
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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