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Friday, June 22, 2012

Market View 22 June 2012

It was a pool of reds in my watchlist except for
a few "abnormalities" like Ezion and Indo Agri
who survived the onslaught head-on. It seems
that we know there will be a sell-down in the
US market that we pre-dropped beforehand.
Indeed, there is an Operation "Twister" in US
yesterday and the major indexes suffered great
losses of 2% and more. If you ask me about the
selling, I will tell you that this is just a normal
profit-taking from the recent gains and I am glad
that some stocks have fallen hard from grace
and they are in my radar once again. You can't
expect the market to go up in an unachievable
exponential straight line and maintain that way.
Always embrace such a selling as another good
market-making opportunities that is presented
to you on a golden plate. Thank you, I will take it.

Some readers asked me about the 3 musketeers,
Olam, Noble and Sakari's prospect right now.
I have to say that Olam is just plainly "suay" to
have the CFO leaving at this time. Market players
are just taking it as an excuse to sell and take
profits from its excellent gains recently. Noble and
Sakari also suffered the wrath of the selling.
In my view, the 3 stocks are still worth a buy and
if there is further selling, that is equivalent to more
potential upside ahead. The next meaningful support
for Olam if 1.80 breaks, is around the 176-177 level
and it will be a highly-contested rush at this stage
to grab the stock should it be battered to this level.
If Olam can stay above the 188-189 level then it will
be out of the woods very soon. Look for Olam's direction
as that will likely determine the rest of the 2 stocks'
movement as well.     

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 21, 2012

Market View 21 June 2012

US market closed mixed "after the U.S. Federal
Reserve extended its bond-buying program, dubbed
"Operation Twist," but failed to do more to stimulate
the economy" Looking at the pre-opening quotes,
our market will likely have an muted start but I
believe the excitement will start to come in as the
day progresses.

From what I saw in the market for the last few days,
I believe that the palm oil counters look set to be
revived into action, and I will focus on the major ones
like First Resources, Indo Agri, Golden Agri and the
recent IPO Bumitama. Do take note that Volume is
very important in the run-up of stocks and the mentioned
counters need to see strong volume coming in
before the momentum can run on.


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 20, 2012

Market View 20 June 2012

First thing first, my personal view on the IPO
Maxi-Cash is ready at http://singaporeipolobang.blogspot.sg
The other IPO blog will be use as a IPO news
site, but it will take a while.
Next, some of you should have received the
research report mail-out yesterday while the rest
did not as I met with some issues with Yahoo mail.
I will send to the rest of the group by today as
long as Yahoo is not throwing a tantrum.

Ok, recently the recent IPO had been revived and
we see stocks like Civmec hitting new all-time high
and the normally lifeless Cordlife also surged on a
good volume yesterday. I believe the IPO rotational
interest will be spread to other recent debutant and
that include Bumitama and even GPH. Looking at the
chart, I believe that Bumitama will be in action pretty
soon and the upside can be a wild jump.

Other stocks that come to mind and is still in play include
the Three Musketeers for now, Noble, Sakari and Olam.
STX OSV is also rising high on various contracts won
and you all should know my other stocks pretty well.


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 19, 2012

Market View 19 June 2012

I received several emails asking me where will
the market be moving now given that the
Greece issue is solved? Really?
Yesterday was the 10th day of my interim bottom
bold statement written here on 5th June, and
I am glad that I managed to secure my head well.
Seriously, I am better at picking bottom than my
top target picking skill. I am more sensitive to
downside reversal and I will try to improve my
top calling. I did mention that I foresee a good
June-July and maybe you can read between the
lines to know when the market will possibly decide
to call it a day and do the reversal dance.

On a side note, I really want to know how many
reader did buy within this 10 trading days and
win money in this period. If you have done so,
please write me an email or give me a comment. 

I will be doing a write-up on the IPO Maxi-Cash
and I hope that it can be done by this afternoon and
the interested readers can still apply for it before
its application closing time at tomorrow noon.
I will also be doing a report mail-out today.

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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