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Friday, June 15, 2012

Blog closed for a day on Monday

Due to unforeseen circumstances, I won't be
around in Singapore to write the Market View
on Monday. Looking at how our and regional
markets are behaving today ahead of the "all-crucial"
Greece election on Sunday, it is quite clear that
whatever surprises spur out from the election, the
market will likely to just have a knee-jerk reaction as
it will be absorbed into the "system" quickly.
Then the question on everyone mind will be
" Who is next?" then the whole cycle start all
over again.

Anyway, there is an IPO listing application
closing next Wednesday, 20th June. I will publish
my view and recommendation on the 19th, next
Tuesday. Oh ya, the IPO is Maxi-Cash Financial
Services Corporation Limited and I have browsed
through the prospectus and my initial impression is
a BUY but I will read deeper between the lines
and give my final recommendation next week.

Market View 15 June 2012

Will we see a clam and peaceful market before
the storm or there is simply no storm in sight and
we are just being paranoid? Greece will go to
the poll this Sunday and it seems like all the focus
is on how the votes will swing in the eventual outcome.
Don't worry, regardless of the result, the press will
have the news that you want to read.
If the market go up after the poll, then you will see
"Market reacted optimistically because of the Greece
poll...."
If the market go down, then you will likely see,
"Market reacted negatively despite the positive result
in the Greece poll"
Notice the use of word to describe the unfolding event
as it happens.

My money is still in the market and I believe that the
market will just have a knee-jerk reaction to the poll
result and we will be back to see-saw movement in
the market. I am cautiously optimistic that the Greece
people know what is best for their and the nation benefit
and they will make the right choice this time.

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, June 14, 2012

Market View 14 June 2012

It is so interesting to see the responds from
the Skype messages and the emails about
what I posted in the blog yesterday. It is really
a sense of Deja Vu for many who read the
blog post and feel that it is all coming back that
I have written before the market occurrence again.

One of my favourite stock which I have openly
declared my target price surge high yesterday
and it is China Minzhong that I am talking about now.
It closed high at 62.5cts yesterday with a healthy
volume and good price action. Will it continue its
strength and momentum? I believe it will see heavy
resistance fire around the 66cts level and it should
launch bombardment on it soon.

Another stock that caught my attention is Yanlord
which also surged high yesterday. Strong resistance
expected to be seen at the 1.16 mark.

Market will likely open weaker today but I believe that
there will still be some action in the stocks I mentioned
yesterday and today. Keep a close look at them,

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, June 13, 2012

Market View 13 June 2012

Some readers asked me why is the market still
going up despite all the uncertainties, crisis and
gloom and doom stories that we are hearing and
reading from the TV and newspaper everyday.
I immediately realised that I have written on the
blog before about this situation and went on to
search for that post. Bingo! I found it.
The below post was published on last December
and you will have a sense of Deja Vu reading it.

"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."

Isn't it eerily familiar and "coincidental" that all of what
I wrote happens again.

Back to the market...
Recently, it seems that we have a few new market leaders
in the trade. Well actually not really new, but they were
market darling being thrashed down from the Top.
Genting used to be the stock to look for when you are
gauging the market condition but it have been (temporarily?)
replace by Olam, Noble even Sakari. I like what I see
in the Top Volume nowadays as it is not saturated by those
micro-pennies and it is now the the mid-caps that is leading
the way. I continue to believe that even with the end-of-the-world
news circulating, we will likely see a fantastic June-July
trading days.  

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, June 12, 2012

Market View 12 June 2012

Finally, I have gotten rid of the "Frog" on the blog
and give the blog a new look, actually a new template.
It is a Blogger template so it is like back to the
beginning and basic after using a third-party
one for so long. A few early readers who saw the
new look commented that it looks neater although
the colour theme is about the same as the previous.

Recently, the market is going through roller-coaster
ride and one day it can be that they sky is clear and
the next day, it may be full of dark cloud and the sky
is about to crack. I would say that it is like a prelude
to something big happening soon. By now, everyone
should know that we will see Greece going to poll again
this Sunday and we are reading reports about issues
and problem in USA and China. If you ask me, I believe
that all these have been factored into the market by
now and the market is just going to have a knee-jerk
reaction to any further bad news out from somewhere.
From the pre-opening quote, we are going to open
weaker, but I see a firmer closing at the end of the day.

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, June 11, 2012

Market View 11th June 2012

Give me one more day to change the template
on this blog as I was rather busy last 2 days.
I will also do a report mail-out tonight.

If you did read the newspaper or online news
over the weekend, you will know that it seems
that all the problems and issues in Euro are
settled or is this the case? I call for an interim-bottom
being formed last Monday and I believe that
this will be the case from what we can see from
the market reaction this morning. Stocks are going
to open strongly as seen from the pre-opening
quotes and it is likely that it will last for the day.
Don't ask me whether can buy or not at this time
as I have already stated my view last Monday and
it is up to you to evaluate and analyse what I said.

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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