Some readers asked me about the the recently listed
3 IPO's trading prospects and whether they can be
in their holdings. I will provide my technical view today
and let's see if they can perform soon.
For Cordlife, it has no "life" and I will look at it when
it is above the 59cts mark when it is back on the
life line.
Bumitama will only be my radar after the 93cts mark.
Lastly for Civmec, I will notice it only after the 52cts mark.
These are all the technical levels that the buying will come
into the stocks after it has been taken out.
I have readers who also asked about China Minzhong
and whether there is any damaging news about it.
Looking at its price action yesterday, there isn't as if
there is a bad news, the selling will continue and maybe
intensify and worsen. I know of readers who bought the
stocks at the 90cts region and is in the money right now.
Do take note that this is a good chance to grab some for
mid-term and not as a contra or short-term punt.
Well, if you want to sell your stocks with profits within
days, I also won't know and can't stop you. But you may
say out the much regretted words " I Should Have" afterward.
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, April 20, 2012
Thursday, April 19, 2012
Market View 19 April 2012
The big question I received from Skype
and email yesterday was what happened
to China Minzhong when it was sold down
to close at 91cts. I don't see any fundamental
damaging financial news and I can only suspect
that it is a one-off occurrence. The same
sell-down happened to Biosenors and NOL
on Tuesday and I believe that it may spill to
other counters as well. It maybe the doing of
a institution paring its holding in the stocks.
If you want my opinion, I am taking this opportunity
to grab bargain again with a mid-long term
investment horizon.
Finally, there is a new IPO on the block with
Global Premium Hotel out yesterday.
There are a few very interesting stats when I
read through the prospectus yesterday and
I will highlight them in my write-up at the
IPO blog. It should be out by next Monday.
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 email yesterday was what happened
to China Minzhong when it was sold down
to close at 91cts. I don't see any fundamental
damaging financial news and I can only suspect
that it is a one-off occurrence. The same
sell-down happened to Biosenors and NOL
on Tuesday and I believe that it may spill to
other counters as well. It maybe the doing of
a institution paring its holding in the stocks.
If you want my opinion, I am taking this opportunity
to grab bargain again with a mid-long term
investment horizon.
Finally, there is a new IPO on the block with
Global Premium Hotel out yesterday.
There are a few very interesting stats when I
read through the prospectus yesterday and
I will highlight them in my write-up at the
IPO blog. It should be out by next Monday.
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, April 18, 2012
Market View 18 April 2012
I was out early morning yesterday so I
was unable to write the Market View.
Anyway, US stocks rallied in overnight
trade with the 3 major indexes all up
more than 1.5% So is that gong to bring
cheers and hurrays to our market today?
Yes, we will open brightly but I don't think
the strength of the light is going to last till
the closing bell. In fact I won't be surprised
if some red flowers beginning to pop-up
in the afternoon. This is only my view and it
may or may not be this way. I will take the chance
of such rebound to sell-off the short-term positions
rather than taking up new positions.
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
was unable to write the Market View.
Anyway, US stocks rallied in overnight
trade with the 3 major indexes all up
more than 1.5% So is that gong to bring
cheers and hurrays to our market today?
Yes, we will open brightly but I don't think
the strength of the light is going to last till
the closing bell. In fact I won't be surprised
if some red flowers beginning to pop-up
in the afternoon. This is only my view and it
may or may not be this way. I will take the chance
of such rebound to sell-off the short-term positions
rather than taking up new positions.
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, April 16, 2012
Market View 16 April 2012
Recently, we are having coaster-ride in
the US market and ours too, but there aren't
as many trading opportunities as before
from the many comments and chats from
the readers from Skype and emails.
When I looked at the market nowadays, the
main thing I dislike is the number of strangers
and micro-pennies that are crowding the
Top Volume. On one hand I know that this is
probably the beginning of the end, but on the
other hand, I was hoping for more winner stocks
to rise up to the occasion.
Many readers asked me about the recent 3 IPOs
performance and whether they will continue to
go higher. If you see the slide of Cordlife and the
rotational switching of funds and interest to other
in-coming IPOs, I believe you will know what is
going to happen to Bumitama and Civmec soon.
The same scenario will pop-up when Bumitama
fall below its recent low of 94cts. Take note about it.
Even among the winner stocks that I am looking
at right now, only a handful is still worth a serious
look for contra trading position. They are Biosensors,
China Minzhong, STX OSV, Ezra and Ezion.
I am not saying that the above-mentioned stocks
will surely performed but at least I am seeing some
signs in the charts that they may have some action.
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 US market and ours too, but there aren't
as many trading opportunities as before
from the many comments and chats from
the readers from Skype and emails.
When I looked at the market nowadays, the
main thing I dislike is the number of strangers
and micro-pennies that are crowding the
Top Volume. On one hand I know that this is
probably the beginning of the end, but on the
other hand, I was hoping for more winner stocks
to rise up to the occasion.
Many readers asked me about the recent 3 IPOs
performance and whether they will continue to
go higher. If you see the slide of Cordlife and the
rotational switching of funds and interest to other
in-coming IPOs, I believe you will know what is
going to happen to Bumitama and Civmec soon.
The same scenario will pop-up when Bumitama
fall below its recent low of 94cts. Take note about it.
Even among the winner stocks that I am looking
at right now, only a handful is still worth a serious
look for contra trading position. They are Biosensors,
China Minzhong, STX OSV, Ezra and Ezion.
I am not saying that the above-mentioned stocks
will surely performed but at least I am seeing some
signs in the charts that they may have some action.
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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