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Friday, July 13, 2012

Market View 13 July 2012

It is Friday the 13th today. Is there anything
to spook the market today? The latest news
out from MTI is that "Singapore's gross domestic
product unexpectedly contracted in the second
quarter mainly due to a sequential contraction in
the manufacturing sector, indicating that the island
nation is facing the chill from troubles in the world's
biggest economies.

Gross domestic product for the three months to June
30 contracted 1.1% on a seasonally adjusted and
annualized basis, compared with a downwardly
revised 9.4% increase in the first quarter, according
to advance estimates released by the Ministry of Trade
and Industry on Friday."

Yesterday, most mid-caps suffered losses in what
was still considered a profit-taking session to
me. But among the red flowers, I can still see
a sparkling green leaf in Biosensors who still
ended the session 1ct up with a normal trading volume.
I like stocks which still manage to perform despite
the unfavourable weather, and I will keep a close
look at the stock for it to continue its momentum up.
Ezra announced a respectable result yesterday and
looking at the pre-opening price, it is going to open
the day with a bang. Will we see a sell-on-news as the
day proceeds, we shall monitor and see.

There was a comment left by a reader, " mistyblu said...
oh no, does it mean july won't be a good month afterall?
i bought semb marine at 5.12 and YJZ at 1.18 and was
hoping to see those levels again before the market takes
a break :("
I am not saying that the market will definitely be going
down at this juncture but I just highlighted to the readers
that when the Top Volume is filled with "strangers" and
those highly speculative micro-pennies, I have my concerns
and I need to voice out to warn and alert the readers
of the situation. It is not 100% that the market will drop,
but it is of a higher chance. You can see from recent
alarm that it always work out that way. Nothing is 100%
for sure, but this observation has been proven successfully
and highlighted by me quite many times already.
The readers really have to learn from this predictable
pattern and benefit from it. By the way, the recent high of
YZJ is only 1.10, so the reader must have bought the '
stock quite long ago.

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, July 12, 2012

Market View 12 July 2012

STI marched on yesterday while the mid-cap
had a lackluster session and many with lower-
than-normal trading volume. The Blues are
strong while the rest are "resting". I jokingly
told a Skype reader that the Blues are in their
own world. Another observation that I made
yesterday was that the Top Volume was saturated
with micro-pennies and you have to search to
find the normal winner stocks in it. I don't like
what I am seeing right now and I did highlight
the same happening last time and it seems that
the market is really going to take a deserved break
soon after all.

You can say that I am selfish but I would like to
see the profit-taking getting intense so that not just
me but we all can get the stocks at a lower
price again. Will I get it? I believe I will. 

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, July 11, 2012

Market View 11 July 2012

Ok, my write-up on the IHH Healthcare IPO
is out at Singapore IPO Lobang. If you are
interested, and I believe you should, then you
have until 5pm today to make the application.
Do take note that your money will only be
refunded or returned on the 23th July and the
stock will debut on the 25th.

Next, some readers asked me that the US market
had been down for days, actually 4 days if you
considered yesterday's fall, and our market are
still strong and carry on charging. Yes, our market
is the odd one out if you look at how the regional
market performed recently. The late push-up that
we witnessed late yesterday afternoon was mainly
due to a good European market opening and of course
the green US futures. I have to agree with the readers
that I am also hoping to see more redness in the
stocks but Mr Market dictate the scale and quantity
of the fall, and we as market participant has to either
obey and follow or you can choose to oppose it at
your own risk. I do the opposite at times.

A few readers pointed out to me that the last week
of July that I mentioned in blog yesterday only has
2 trading days, the 30th and 31th. I think I may have
made a mistake, it should be the week starting from
the 23th all the way to the end of the month, the 31th.
Keep a close watch of the week's action as I believe
it will determine how the remaining months of the
year is likely to behave and perform.

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, July 10, 2012

Market View 10 July 2012

Ok, Uncle Sam dropped again in overnight
trade so how will our market react today?
This is the exact question asked by a reader
in a comment yesterday, "Hello Sir, How low
STI going for this correction? What are the
buying on dip counters we should be looking at?
Appreciate your daily sharing, Q&A."
Well, I certainly won't call STI yesterday's fall a
correction, it is more likely to be just a profit-taking
session. It may continue for a few more days given
that if the index can be up for 8 days, why can't it
take a break for days? On the other hand, stock
just bounce back after the heavy losses yesterday
so it need to last throughout the whole day, and not
a flash in the pan.

It is perfectly normal and healthy for the index and
stocks to rest, and to shake out the weak holders
and those people who is on contra. I am still quite bullish
about this month's progress although I believe that the
action on the last week of July will mark the direction
for the next few months of the year. Keep a close
look on that week and be cautious and vigilant.

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, July 9, 2012

Market View 9 July 2012

First thing first, I have published my view on
the Neo Group IPO at Singapore IPO Lobang
and if you are interested to apply for it, do take
note that the application will be closed at 12pm today.
I will try to publish my view on the next IPO,
IHH Healthcare tonight or the latest by tomorrow
afternoon so that the readers can apply for it
if they are interested to grab a piece of the big pie.
I will also do a research reports mail-out this morning.

Ok, come back to our local market now.
Looking at the pre-opening figures, we are going
to have a weak opening after the "heavy losses"
in US last Friday. It aren't going to be pretty initially
but I expect a much better closing and to be frank
I won't be surprise if we pop-up with another green
closing today. STI is up for an consecutive 8 days now,
and although it is always healthy to take a break,
you can't really determine what the BBs are thinking.
I highlighted that there are more "strangers" in the
Top Volume currently and most of them are those
micro-pennies which is just changing hands between
the players. If you are into such micros, better know
when and how to protect yourself for holding the baby
when the music stops, and it will.

I believe that the readers will know what I am going
to say next, but for the benefits of any new-comers
and those who are forgetful: Look up for the greens
among the bloody red. They are the strong stocks
and they will have excellent backing and support
behind their movements.

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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