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Friday, May 18, 2012

Market View 18 May 2012

US and Europe market yet another bloodshed
and closed in the red again over the Euro Crisis
again. Looking at the pre-opening figures, we are
likely to see another "red-letter" trading day in
our market again.

Needless to say, the main questions yesterday
were focused on STX OSV which somehow had
fallen from grace after hitting a day-high of 1.70
 to close at 1.58 I already mentioned that there are
a lot of "noises" aka rumours, hearsay that its
bidder will be out this week. I also stated that those
who are into this stock should have a tight trailing
stop close-by, and this was exactly the reason as you
can see from yesterday's selling. It will be volatile and
wild swing can be expected again on the stock if
any noise come out  about the bidder and the bidder'c
offer price. 

Some readers commented that the vulture example that
I used in the blog yesterday was too gruesome and gross.
Haha, since I am not the bigger beast like the lion, tiger
and bear in the wild, I will rather be the Hyena, Wolf, Fox
and Vulture that I will always be versatile and adaptable
to any market condition and pick-up scraps and pieces
along the way. Who want to be the beast with me? 8-)

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 

人笑我太疯颠,我笑别人看不穿 

Thursday, May 17, 2012

Market View 17 May 2012

Another intraday reversal in the US market
and all 3 major indexes closed in the red again.
It seems like the Euro crisis had taken its toll
on the regional markets recently and guess what,
it is good. The readers should note that good profits
are made when there is blood on the street.
You should be happy that such occurrence is
happening right now and start or already started
the shopping. It is like Great Singapore Sales come
early this year. How wonderful can that be?

Some readers I know don't know how to react
when they are looking at an over-whelming of
reds in their watch list or the Top Volume or any
stocks screen. I like Crisis and you should too.
Never be fearful of crisis as after the storm, the
sun will still be out and even brighter and clearer
sky as all the dust particles and dirt in the air will
be cleansed out. A few readers told me that the
market has not bottom-up yet and they will wait
for it to reach the dead bottom before picking up
the skeleton. I am impressed with their "vision"
and "ability" to know where the bottom will be.
I have no such skill so I have to pump money into
the market at intervals into quality stocks that have
been battered down. I would prefer to be the vulture
and start to eat the carcasses  flesh when they have
fallen down. Oh ya, maybe the bones will still be
there when all the vultures have left the scene.

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 

人笑我太疯颠,我笑别人看不穿  

Wednesday, May 16, 2012

Market View 16 May 2012

Crisis, Crisis and more cry of Crisis!
There are news of crisis everyday and
the worldwide markets are reflecting it
in their respective indexes. US reversed
early gains to close in the red again with
Dow at a 4-month low.

Are you worried or fear of the Crisis?
On the contrary, we should be thankful that
there is Crisis, so that we will have  the chance
to pick up stocks at low price one more time.
I have already stated my view many times
in this blog and I shall not say much further.

STX OSV was the main trading star yesterday
once it breech the previous day-high as mentioned
in my blog. There are "noises" in the market
that the bidder for its stake from the parent
company will be revealed and announced this
week and the offer price is between $1.80-2.00
Ok, all these are still considered "noises" and if
you are speculating on the stock now, it will be
wise to have a trailing stop close-by. Looking at
its trend and momentum yesterday, it will have
"magical" performance pass the day-high again.

Some readers asked about China Minzhong who
had been dropping like a fallen star. My view is still
the same as previously and I believe that it will
still perform and deliver a good return for those in
the stock. If one can recall, the same scenario happened
to STX OSV last year, and look at where the stock
is now. I believe that its fundamental is still strong
and intact and we should see better performance
in the 2nd half of the year.

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 

人笑我太疯颠,我笑别人看不穿  



Tuesday, May 15, 2012

Market View 15 May 2012

Another bloodshed in the US due to the
political stalemate in Greece and it is likely
that we will be feeling the effect and impact
as well. There is no good news recently and
all the doom and gloom are back in the market
with no silver lining seen anywhere yet. I expect
the situation to become clearer and brighter
in June and we may even see a rebound by then.

STX OSV was the main topic questions and
enquiries that I received yesterday by Skype and
emails. It pre-moved before the result announcement
yesterday evening and it was quite a respectable
result although there are declines both in the sales
and the bottom line. But the management also
highlighted its healthy order book in its presentation.
I believe that it will be pretty volatile today and wild
swing like yesterday may surface again. Just look
its yesterday day-high as a gauge. A breech above
it with strong volume is a very good sign that it will
continue to surge higher.

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 

人笑我太疯颠,我笑别人看不穿   
  

Monday, May 14, 2012

Market View 14 May 2012

Another fresh trading week but I am not
optimistic that this week is going to be a
fine one. I don't see any sparks of confidence
and optimism in the market. Only a handful
of die-hard stocks are still in the limelight
while the rest suffered losses from all the
recent selling. I continue to believe that this
is a great time to pick up the bargains along
the way and now is not a time to be gungho
and doing contra on the micro-pennies. The
music will stop, it is not a matter of "how"
but "when".

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 

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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