Market View 30 March 2012

Ok, I received the following emails yesterday
and I am sharing them here.

"Hello,

Not sure if you managed to receive my previous email,

but good call on cordlife. the stock has rocketed off. 

Can i find how you came to the conclusion that cordlife

was a good IPO. Could you share the important information

you look out for in an IPO ?"

 

If I just say that because it is the first IPO of the

year so I believe that it will be hot. Will my answer

be OK to the readers? 

Well, frankly, I have done my research on the 

company. It belongs to the medical sector and from

the recent medical stock listings, you can see that

they are very well-received. They are also given high

valuation when they are listed, that is why I am very

confident that the stock will be the star when listed

and I stated my view in the blog even before the 

application ended.

 

Next, I did not get the stock from the ballot so I

have to buy from the market. And no, I did not sell

at the high at 79.5cts. I believe that the stock will

face strong resistance above to 70cts as based on

the closing yesterday, there are so many stuck

from the day-high of 79.5cts to the closing of 68cts.

I will watch the show from the sideline.

 

Another encouraging email that I received yesterday

 

"Hello Mr. SL,
How have you been?
I have truly learnt a lot of information from your blogposts.
And I would like to Thank You for the information that you 

provide for free on the net where no one does it.
I really appreciate your efforts in trying to help everyone 

and sharing your vast knowledge.
Since then, I am motivated and decided to be something 

different and made you as my goal and have started to get

myself related to investing activities."

 

I am glad that there are readers who appreciate my work

and effort, and I will continue to be around in the cyberspace

to share my views and knowledge to those who read and listen.

 

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 29 March 2012

STI only close down 3 points yesterday but
the mid-caps and pennies seem to have other
ideas as they are mostly in the red and with
the trading volume also coming down.
I believe that we will see further selling down
the road and this is all perfectly normally and Ok.
Just keep a lookout for any rebound on the way.

Today will mark the debut of Cordlife group and
looking at the pre-opening figure, it is going to
be a good start of the stock.

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 28 March 2012

Frankly, I have nothing much to add to my
recent view about the market today.
As what happened in US overnight trade,
there is no follow-through buying and the
indexes succumbed to profit-taking and
closed in the red. I still believe that any strong
rally for the time being is a very good opportunity
to take money out from the recent gains.

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 27 March 2012

Hurray!!!! Yippee!!! Yahoo!!!!
US surged high in overnight trade,
Dow up 161 points, Nasdaq added 55 points
and S&P gained 19 points. It is going wild!!
Pop!! Pop!!
Here comes the market popper!
I believe that this is the last burst of fire and
the inevitable will still happen very soon.
Our market will open strongly but it will be a
case of Tiger head Snake tail today.
If you notice that many stocks close at or near
to the day-low yesterday and it is definitely not
a good sign for the near future and if I am right
about the market trend today, then we are likely
to see strong headwind ahead.

Look like we are going to have a IPO buffet soon.
We have 2 more companies, Bumitama Agri and
Global Premium Hotels in the pipeline and many
more are on the queue soon.

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 26 March 2012

One of my relatives just sold his east-side
condo for a good profits and eagerly shared
his investment sale to everyone in the family
gathering over the weekend. I asked him where
he will park his money now. He wasn't prepared
for such question and look at me blankly before
replying that he felt that the property market is
still hot and he will not put the money back into
buying new house for investment or speculating.
Instead, he said that the money die-die got to be
out with some financial vehicles rather than making
miserable and terrible bank interest. He then continued
to say that most probably the money will be back
into the stock market, but in the blue chips and the
Reits to take in the dividend and the DPU.
Try to read between the lines for what I am trying
to deliver today.

There is a IPO Cordlife Group which is the first this
year and will be closed for application tomorrow noon.
I am putting money into this IPO, just for the record,
for various reasons. Read up on the prospectus and
the news articles before plunging in.

I suddenly realised that the blog is going to hit its
100,000 pageviews very very soon. Judging by the
200-300 visits per day, it should hit the mark next week.
How the blog have progressed....I am getting old too...


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       

P.S.: I will be doing a research report mail-out today
and maybe tomorrow. If you did not receive, email me.