What a wonderful date 11/11/11 today
with many couples getting married and
I also receive a "red bomb" and have
a wedding dinner to attend tonight.
It is going to be a memorable evening
on such a significant date and just forget
about the market for a few hours.
Lots of email and skype messages I received
yesterday was on where and how it will
move now? A very simple but useful method
is to look out of breakout on either side of
its day-move yesterday. A breech of the yesterday
day-high indicated that the buyers (bull) may
be in the stock to push it higher. A break below
the day-low will be bad and points to further
downside. Seriously, I am still in Noble, and
I admit that I have some holdings stuck at a
higher price than the closing yesterday, and
I also confess that I did intra-trading on the stock
yesterday and my holding are virtually all paid-for.
I am still confident and bullish that Noble can
turn it around in a dramatic fashion and then
many will just rush in to push it higher.
If you are interested in what the brokerage analysts
are now viewing Noble, I got a list of the brokerage
and their target price. It is quite a huge gap in what
the analysts view the stock now.
CIMB: $0.99
DMG: $1.20
OCBC: $1.16
DBS: $1.45
UOB: $1.20
CS: $1.80
Daiwa: $1.80
It seems like the Angmo are more daring with their
target price and expectation.
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, November 11, 2011
Thursday, November 10, 2011
Market View 10 November 2011
Needless to say, our market will suffered
the same fate as the European and US
market in overnight trades. All 3 major
indexes in US closed down more than 3%
"as investors saw the spike in Italian bond
yields as a signal that the European debt crisis
had worsened."
I warned and voiced out my concerns 2 days
ago about the article in The Sunday Times and
I don't know whether it is coincidental or the
article is taking the effect that fast.
Noble announced the first quarterly loss in a
decade and looking at the pre-opening figure,
it is going to be an ugly open price. The market
did not expect the loss and although the fundamental
is still sound, a bashing is unavoidable.
I still like the stock and will take this chance to
pick up a good bargain.
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
the same fate as the European and US
market in overnight trades. All 3 major
indexes in US closed down more than 3%
"as investors saw the spike in Italian bond
yields as a signal that the European debt crisis
had worsened."
I warned and voiced out my concerns 2 days
ago about the article in The Sunday Times and
I don't know whether it is coincidental or the
article is taking the effect that fast.
Noble announced the first quarterly loss in a
decade and looking at the pre-opening figure,
it is going to be an ugly open price. The market
did not expect the loss and although the fundamental
is still sound, a bashing is unavoidable.
I still like the stock and will take this chance to
pick up a good bargain.
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, November 9, 2011
Market View 9 November 2011
Very Interestingly, a few readers skyped or emailed
me yesterday and asked whether the "Big Crash"
is coming after what I wrote in the blog. Well, I have
to re-iterate that I am just voicing out my concerns
and how I feel about the article on The Sunday Times.
What I mentioned may or may not materialise and
it is definitely not up to me to determine its course.
Let Mr Market show you the path and you just need
to take the path of least resistance.
A number of readers are also concern about how STX OSV,
Genting and Noble will be heading, so I will give you
my take on the stocks. From what I can see from the chart,
STX OSV will have a breakout pretty soon. It nearest
resistance is the recent high of 1.16 and a breakout
above it will propel it pass the 1.195 resistance and
the next resistance will be around the 1.26-1.27 region.
Genting is at a cross-road now and further upside will be
capped at around the 1.82-1.83 region and support will
be at 1.71
Noble will be announcing its result today and looking
at its last few days of movement, it should be a decent
reporting. Further upside can be seen to be heading
toward 1.69-1.70 after clearing the immediate resistance
at 1.63 But do take note that if there is a sell on news,
the next support will be at 1.57-1.58
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
me yesterday and asked whether the "Big Crash"
is coming after what I wrote in the blog. Well, I have
to re-iterate that I am just voicing out my concerns
and how I feel about the article on The Sunday Times.
What I mentioned may or may not materialise and
it is definitely not up to me to determine its course.
Let Mr Market show you the path and you just need
to take the path of least resistance.
A number of readers are also concern about how STX OSV,
Genting and Noble will be heading, so I will give you
my take on the stocks. From what I can see from the chart,
STX OSV will have a breakout pretty soon. It nearest
resistance is the recent high of 1.16 and a breakout
above it will propel it pass the 1.195 resistance and
the next resistance will be around the 1.26-1.27 region.
Genting is at a cross-road now and further upside will be
capped at around the 1.82-1.83 region and support will
be at 1.71
Noble will be announcing its result today and looking
at its last few days of movement, it should be a decent
reporting. Further upside can be seen to be heading
toward 1.69-1.70 after clearing the immediate resistance
at 1.63 But do take note that if there is a sell on news,
the next support will be at 1.57-1.58
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, November 8, 2011
Market View 8 November 2011
The Sunday Times carried a report on young
investors like the undergrads making and losing
money in the stock market, while also mentioned
that they steer clear of CFDs, the hottest topic now.
Frankly, I read with uneasiness of such report as
I can vividly recalled that there was also a report
about a U-grad making like hundred over thousand
from the market in a year or so in 2007. Guess what,
the market have a great fall about 2 weeks later.
This is like an unconventional market reversal indicator.
I am not saying that the market will definitely 100%
fall in the near term, but History like to repeat itself
and I am turning cautiously optimistic about how
and where the market will be heading now.
If you read my blog for a while, you will know that
I am quite bullish about a good nov-jan year-end
rally. I am still looking at it but I am turning cautious.
Don't blame The Sunday Times for the report, you should
in fact thanks them for giving a possible reversal indicator.
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
investors like the undergrads making and losing
money in the stock market, while also mentioned
that they steer clear of CFDs, the hottest topic now.
Frankly, I read with uneasiness of such report as
I can vividly recalled that there was also a report
about a U-grad making like hundred over thousand
from the market in a year or so in 2007. Guess what,
the market have a great fall about 2 weeks later.
This is like an unconventional market reversal indicator.
I am not saying that the market will definitely 100%
fall in the near term, but History like to repeat itself
and I am turning cautiously optimistic about how
and where the market will be heading now.
If you read my blog for a while, you will know that
I am quite bullish about a good nov-jan year-end
rally. I am still looking at it but I am turning cautious.
Don't blame The Sunday Times for the report, you should
in fact thanks them for giving a possible reversal indicator.
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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