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Friday, February 17, 2012

Market View 17 February 2012

Market finally took a breather yesterday as
many stocks succumbed to profit-selling
pressure and closed at or near to the day-low.
Even STI also fell below the critical 3000 mark
again. With overnight gains on Wall Street, how
will our market responds today? Looking at
the pre-opening figure, we are going to open
brightly but I don't believe the shine will last till
the closing bell. Expect to see profit-taking
appearing and weakness should be seen in
stocks and the index again.

From the recent surge of STX OSV and China
Minzhong (CMZ), many readers profited considerably
from this 2 counters as seen in the comment
posted by some readers.
"I made quite a bit from STX OSV. Thanks for your tips.
 This is the first time i make so much from a stock and
 all thanks to you. Will continue supporting u all the way :)
 Keep up the good work and god bless u :)"
"Hi SL, Another great call on ChinaMinZhong, we are
 inthemoney for this stock. look like this stock maybe
 the next stxosv, thanks - BK & Friends"
"Thanks for your precious advice that i make more
 than what i am supposed to. I am really glad that i
 chat with you yesterday, else i would have sold off my
stx yesterday after it breakeven at 1.5. Today, it's more
 than coffee money! I hope you can continue to give us
 more tips on your star stock for 2012.
thank you, demi"

I am glad that there are readers who gained from
my blog recommendation (not tips lah) and willing
to post and inform me. Not many readers will do
so even if they had made a pile , but that is their
decision and I cannot force them to do any comment.
It is quite encouraging to see such comments as
my wife is always saying how stupid I am to setup
this blog and telling people what are the stocks that
will be running wild when I can just secretly profited
from them. Well...I believe that there are so much
money to be made from Mr Market and I don't and can't
control the market. I just voice out what are the potential
stock winners and the readers are the last person to
press the buy or sell button. Even if there are even more
readers jumping into certain stocks, the market is
still able to absorb all the transaction volume in a flash.
Frankly, there isn't a lot of readers and members in
this blog. I only have about 300 unique visits to the
blog and this is quite a small figure. I just treat this
to be a close-door niche group that believe in me
and my judgement and recommendations.

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     
 

Thursday, February 16, 2012

Market View 16 February 2012

Wow..wow...what a day we had yesterday!
STX OSV and China Minzhing really blown
my mind and nearly my head away with a
sparkling performance, and I believe many
readers have also benefited greatly from the
stocks I recommended in the beginning of the
year. Even STI also surged pass the elusive
mark of 3000 to close at 3012.
Is this the time to pop the champagne?

On the contrary, although I have enjoyed
succulent returns from the recently frenzy, I
am doing so with really tight trailing stops
and I will take the money when it is triggered.
Expect profit-taking to surface and I don't
think it will be a mild one. Will all the stocks
all succumb to profit-taking? I believe there will
be some resilient stocks making gains and
these are the one to continue to ride on.

By the way, the nearest support for STX OSV
will be at around the 1.69-1.70 mark and I
don't think it will have significant downside
supported by the impressive result, dividend
and the general offer price from the stake sale
by its parent company. 

If you are interested to have a Dragon Baby then
you need to plan for it. Come to Having A Dragon Baby

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, February 15, 2012

Market View 15 February 2012

STX OSV surged to day-high of 1.595
yesterday but eventually closed at 1.54
for the day. It later announce an impressive
Full-year and Q4 result together with the
proposal of a 10cts dividend. ($100 per lot)
How will it perform today?

I believe that it will open high, even gapping
up, but I am looking at the nearest resistance
at about 1.63 which the readers must watch-out
for. It may breech through the resistance intra-day
but it need to close above it for any further upside.
On another note, it is on a take-over trail as its
parent company is seeking to sell its stake of 50.75%
by April this year, according to the STX group chairman.
STX OSV was my strong recommendation last year
when it was still relatively unknown and I know
of readers who invest in it at quite low price and
I congrats you for believing in my view and you are
sitting on a very good stock. Like what I said before,
you don't need to have as many stocks to make
big in the market, you just need a couple of reliable
winners to make the mark.

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, February 14, 2012

Market View 14 February 2012

It's Valentine's Day, and I wish all the
couples a very sweet and romantic day.
To all the singles who choose to be remain
in single by circumstances or choice, it is
always good to get a soul-mate and companion
while continue to be successful in your
career or whatever you are doing.
I seriously believe that behind every succesful
man(woman), there is a woman(man),
and I stand by it, and I believe many agree
with me.

Ok, back to the market...
A few readers asked me whether all the
stocks will confirm retrace about 10-12% as
stated in the blog yesterday. Well....where got
everything also can be confirmed. The only thing
that is surely confirm is the word "confirm", that's all.
I look at the market and charts of the stocks and
based on the price action and volume, I formed
an opinion and view. I still believe that the market
is ripe for a break and a correction profit-taking
is beneficial for the mid-long term. But as seen
in the market action yesterday, only China MinZhong
performed the worst while the others are still
green or slightly in the red. I stick to my view.

On a side note, I have setup a blog Having A Dragon Baby
which may be of interest to some readers.
If you are planning to have a dragon baby son or
daughter, then please proceed in and take a peek.
And yes, I am selling something....

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, February 13, 2012

Market View 13 February 2012

Ok, I will keep today blog simple as
there isn't many things that I can share.
Some skype members asked me about
the scale of the profit-taking that is happening
to many stocks right now. I have to say that
the correction selling is perfectly healthy
and much needed to weed out the weak
holders and be prepared for the next wave.
I am looking at a 10-12% retracement from
the recent high made. Some stocks may
continue to surge high but I believe that
the upside potential is not as bright currently.
If you die-die-die must be in the market now,
then stick to the greens with a very tight
trailing stop.

And just for the record, I am not a supporter
for the proposed circuit-breaker on the stocks
be it the blue chips or the pennies. I believe that
every investor/trader should be responsible for
his/her own buying action  and if they never have
a trailing stop or simply refuse to take a stop-loss then
they deserve to lose big if any reversal or sudden
selling happened. The recent Yoma heavy selling in
the last 15 minutes of the trading day triggered a
suggestion of the circuit-breaker implemented on
the  pennies.Such selling happens for so many
times a year and if the retailers never learn his lesson,
then whatever measure that is implemented will be
as fruitless and useless.

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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