Nicolas Darvas Box Theory Trading Method

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Friday, December 9, 2011

No Market View today

I am not available today to provide the
market view as I need to rush off to settle
some issues. The Market View will return
next Monday and I won't be online on Skype.
Sorry for the inconvenience and Thank you
for your understanding.

Thursday, December 8, 2011

Market View 8 December 2011

A few readers asked me why is it that the
market are still going up despite what we
are hearing everyday. Well, if you believe
what the press is saying, then if the market
is up, that means that the market players are
optimistic about the current situation. When
the market goes down, then the press will
say that they are worried and concerned about
the whole situation. This is especially so when
you watch the CNA morning show. You can
almost confirm what the presenter will say after
looking at how the US market has closed
and how Japan market has opened.

To me, I believe that as much information,
expectation and forecast have already been
factored into the market. Like what I stated in
the blog many times before, the market is made
up of many players, and it is mainly the Big Boys
that determine and decide where and how the
market will behave in any circumstances.
If the market continues to perform well in the coming
days to weeks, then you will read from the press
that the market choose to ignore the gloom and
doom for a while and stage a year-end rally.
If you look closely, we can have a dire future but
the market can still surge on, as it is not what
we want or hope for the market that matters, it is
how the more powerful hands believe that matters.
That is why it is crucial to know what they are
doing and following them through the trend and
drop off with them when the tide turns. I am doing
so with my trustworthy charts and of course, the
experience and knowledge gained and work-on
throughout all these years of interaction with Mr Market.

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, December 7, 2011

Market View 7 December 2011

We are very near to the new year but it
seems like the year-end rally is nowhere in
sight or is it the case? This is the most  common
question that I received recently. While it may
look the way now, I expect to see a much better
market condition in the  days to come.
Prove me wrong, Mr Market.

I specifically only mentioned 3 stocks last few
days ago, and let's see what happened to them.
Noble have broken the 1.205 resistance and as
long as it is above it, it is fine.
Genting is still some way from the strong 1.57
resistance after testing it on many occasions.
But resistance are meant to be broken, and
once it is breech with a healthy volume, the
upside will be rewarding.
STX OSV's resistance of 1.24 is just a few steps
away, and it should be tested and breech 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   

Tuesday, December 6, 2011

Market View 6 December 2011

I suddenly realised that we are in the
last month of 2011 and we will be stepping
into the year 2012 and the Golden Dragon
year very soon. Sometimes, when you are
overly engross in something, you really never
realise how time can fly pass so easily.
What have you achieve this year, any remarkable
worth-mentioning achievements to showcase?
It have been a pretty drastic and roller-coaster
year for me but call me a optimist, but I see a
much better and brighter 2012 rather than the
gloomy and end-of-the-world views that some
naysayers and rumour-mongers are saying.
Some readers commented that I took too many
holidays this year, but you all should be aware of
what happened during my absence. Maybe I should
take even more breaks next year......   8-)


I will as usual publish my 2012 market expectation
and view on the last week of the year and hope that
the readers can benefit from it.

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, December 5, 2011

Market View 5 December 2011

I will keep today blog entry short as there
isn't really a lot of a big changes to the
market lately.

Last Friday, I specifically mentioned that
Genting will face strong resistance at the
1.57 level, and guess what, its high was at
that level and closed on the point too.
It should be able to breech it today and make
a test on higher ground but just remember this
1.57 level if the stock weakens.
STX OSV also hit the 1.24 resistance level I
mentioned and reversed to close at 1.235
I am aware that there is only 1 lot transacted at
1.24 very near to the closing bell, and it is not
my doing. I don't need to buy the stock at this
level just to prove anything.
I mentioned that Noble will be very bullish once
it past the 1.205 mark and indeed it was the case.
It surged to a closing figure of 1.23 after the
significant resistance was overcome. Remember this
1.205 resistance-turned-support when the selling comes.
Next resistance for Noble will be at the 1.28 level but
1.205 die-die need to hold.

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   

Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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