I just saw on CNA that Singapore have avoided
being in a technical recession, oh my, what a
bad news. It should be a good news to many
but it is kind-of-a bad news to me. With such
an market-sensitive news, it may triggered a
sell-off if we are in a technical recession and
it will be a another wonderful time to pick up the
broken pieces thrown down by ignorant retailers.
Alas, it was not to be this "perfect" scenario, but
our market will still be weaker today although the
scale is not as destructive.
A lot of readers are very interested in STX OSV
nowadays given the way that it can move in days.
This stock is relatively "unknown" when I started
recommending it but its popularity had grown since
then and the stock price has also been in a roller-coaster
mode. I stated that it will consolidate for a while
and it is still in view that this will still stands for the
time being. The perfect scenario buying opportunity
will be between the 96cts to 1.01 region as I believe
the current pullback will be within 10-15% from the
recent high. But given that the stock now is quite a
crazy horse, it can jolly well give me a back kick and
prove me wrong, but I will stand by my current view.
A couple of days ago, I mentioned that Genting's
resistance will be at 1.63 and Noble's will be 1.46,
it was indeed the case yesterday and will remain
as a strong resistance unless overcome by a strong
volume surge.
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 14, 2011
Thursday, October 13, 2011
Market View 13 October 2011
If the readers recalled, only last Wednesday,
I stick my head out and placed my head on
the deadly gallows to state that "on 31 December
2011, STI is going to close higher than 2531
which was yesterday's closing figure." It is looking
like I have hit the nail on the head and it may be
a crucial turning point of trend. Since then, markets
had rallied and it seems like all the gloom and doom
have suddenly disappeared. Although I can't 100% say
that we are definitely out of the wood but at least the
sky looks much brighter and path out of the wood
looks nearer and imminent.
Most stocks surge high during the last hour of trade
yesterday as the European bourses were running wild
and the US futures were showing a good performance.
And yes, we will open higher today but I believe that we
will still close weaker at the end of the day.
STX OSV will be higher than its recent high 1.09 but it
will face immediate resistance at 1.12 and a breakout
of it may triggered a gap-covering between the 1.15-1.18
region but I will discount this from happening. Looking at
the chart, I believe a consolidation is about to happen
and it should be fast and furious.
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
I stick my head out and placed my head on
the deadly gallows to state that "on 31 December
2011, STI is going to close higher than 2531
which was yesterday's closing figure." It is looking
like I have hit the nail on the head and it may be
a crucial turning point of trend. Since then, markets
had rallied and it seems like all the gloom and doom
have suddenly disappeared. Although I can't 100% say
that we are definitely out of the wood but at least the
sky looks much brighter and path out of the wood
looks nearer and imminent.
Most stocks surge high during the last hour of trade
yesterday as the European bourses were running wild
and the US futures were showing a good performance.
And yes, we will open higher today but I believe that we
will still close weaker at the end of the day.
STX OSV will be higher than its recent high 1.09 but it
will face immediate resistance at 1.12 and a breakout
of it may triggered a gap-covering between the 1.15-1.18
region but I will discount this from happening. Looking at
the chart, I believe a consolidation is about to happen
and it should be fast and furious.
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, October 12, 2011
Market View 12 October 2011
Like what I mentioned yesterday, most stock
and the index indeed opened high but closed
much lower. I believe that we will once again
close low today.
STX OSV reversed from a high of 1.09 to close
in the red at 1.005 I mentioned that a pullback
is imminent for STX OSV yesterday and I believe
a 10-15% retrace from the high of 1.09 can be expected
which give it a range of about 93-98cts. My
pullback view will be negated if it can surge pass
the recent high with good volume. I know of a couple
of readers who won as much as 20cts with the stock
last few days. Don't worry, you will have plenty of winning
opportunities with the stock as it has become a
"popular" trading stock nowadays.
If you are looking at other stocks to trade, take a look at
Ezra and Swiber.
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
and the index indeed opened high but closed
much lower. I believe that we will once again
close low today.
STX OSV reversed from a high of 1.09 to close
in the red at 1.005 I mentioned that a pullback
is imminent for STX OSV yesterday and I believe
a 10-15% retrace from the high of 1.09 can be expected
which give it a range of about 93-98cts. My
pullback view will be negated if it can surge pass
the recent high with good volume. I know of a couple
of readers who won as much as 20cts with the stock
last few days. Don't worry, you will have plenty of winning
opportunities with the stock as it has become a
"popular" trading stock nowadays.
If you are looking at other stocks to trade, take a look at
Ezra and Swiber.
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 11, 2011
Market View 11 October 2011
Wall Street soar higher in overnight trade
with the major indexes finished more than
3% higher. Dow added 330 points or near
to 3%, Nasdaq gained 3.5% and S&P 500
advanced 3.4%. It look like we are in a
celebratory mood and we should pop the
champagne now or is this the real picture?
Our market will open higher and most stock
will stretch their recent gains further, but I believe
that we will open high and close much lower
today. Just my personal view.
For individual stocks, STX OSV will likely have
limited upside today and if its volume is
low then the possibility of a pullback will be high.
I mentioned that its resistance is at 1.06 yesterday
and its day-high was 1.055 just a single bid away.
It will open high today but watch for weakness to
settle in as the day goes by.
A reader asked me about the next resistance of
Genting, YZJ and Noble so I will just reply here.
Genting's next resistance will be at 1.63, YZJ will
be at 91cts and Noble will be at 1.46
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
with the major indexes finished more than
3% higher. Dow added 330 points or near
to 3%, Nasdaq gained 3.5% and S&P 500
advanced 3.4%. It look like we are in a
celebratory mood and we should pop the
champagne now or is this the real picture?
Our market will open higher and most stock
will stretch their recent gains further, but I believe
that we will open high and close much lower
today. Just my personal view.
For individual stocks, STX OSV will likely have
limited upside today and if its volume is
low then the possibility of a pullback will be high.
I mentioned that its resistance is at 1.06 yesterday
and its day-high was 1.055 just a single bid away.
It will open high today but watch for weakness to
settle in as the day goes by.
A reader asked me about the next resistance of
Genting, YZJ and Noble so I will just reply here.
Genting's next resistance will be at 1.63, YZJ will
be at 91cts and Noble will be at 1.46
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 10, 2011
Market View 10 October 2011
Another fresh new trading week and it looks
like we will have another volatile trading week.
We have the corporate reporting starting in
the US this week, and the Europe crisis going
for a make-or-break resolution, so what do all
these events provide us with? Lots of trading
opportunities, I believe we will get this week.
There will be wild swing of both sides in stocks
and of course, the indexes too. I don't believe
that we will hit another new low but the possibility
can't be totally ruled out, although I really don't
see it happening.
STX OSV hit a high of 1.01 before closing at
at 98.5cts last Friday. It had been a very good
V-Shape rebound by the stocks together with
impressive trading volume. It had recorded a
high of 27% gain from the low of 79cts and I
believe that its near-term upside potential is
getting lower but it is likely to have found a
low last week. Strong resistance ahead will be
around the region of 1.06 I expect it to do a
consolidation first before staging another surge.
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
like we will have another volatile trading week.
We have the corporate reporting starting in
the US this week, and the Europe crisis going
for a make-or-break resolution, so what do all
these events provide us with? Lots of trading
opportunities, I believe we will get this week.
There will be wild swing of both sides in stocks
and of course, the indexes too. I don't believe
that we will hit another new low but the possibility
can't be totally ruled out, although I really don't
see it happening.
STX OSV hit a high of 1.01 before closing at
at 98.5cts last Friday. It had been a very good
V-Shape rebound by the stocks together with
impressive trading volume. It had recorded a
high of 27% gain from the low of 79cts and I
believe that its near-term upside potential is
getting lower but it is likely to have found a
low last week. Strong resistance ahead will be
around the region of 1.06 I expect it to do a
consolidation first before staging another surge.
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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