US was down again in overnight trade making
it a consecutive 4 days drop in a row. It is likely
to put on some pressure to our local stocks today.
But like what I said on Monday, I expect a bad
month but up to now, it has not turn out to be
this way. I will continue to monitor the situation
and gauge where the market is heading.
I will be doing a mail-out today and during the weekend
so enjoy reading 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
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, August 3, 2012
Thursday, August 2, 2012
Market View 2 August 2012
I received several emails and Skypes messages
asking about something that I wrote in the blog
yesterday. They wanted to know whether I am
telling the readers to Short Civmec. I think I have
not made myself clear yesterday. I am not comfortable
with the stock having quite a spectacular surge since
the listing and the valuation is pretty rich now.
If you have been in the market for quite some time,
you will know that speculative stocks which have been
pushed up not due to fundamental ground will have
a nasty wake-up call when it fall from grace. The fall
will be hard but sometimes not as swift. You can totally
disagree with my personal view but I am only just
voicing out my concerns. I see a fall in Civmec and
it will lead to a significant selling in other stocks as well.
I maybe wrong but it is only my view again.
A few readers asked about China Minzhong's surge
yesterday. I believe it definitely have something to do
with the research report published by Maybank Kim Eng
who gave the stock a 1.16 target price after visiting the
company. To me, it is still considered a rebound unless
it can stay above 61cts for this couple of days and with
increasing volume to back it up toward the 63cts resistance.
Fundamentally, I like the stock and I believe it is undervalued.
It will be announcing its full-year result in the last week
of August if I am not wrong, so maybe it will have a run-up
prior to the result announcement.
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
asking about something that I wrote in the blog
yesterday. They wanted to know whether I am
telling the readers to Short Civmec. I think I have
not made myself clear yesterday. I am not comfortable
with the stock having quite a spectacular surge since
the listing and the valuation is pretty rich now.
If you have been in the market for quite some time,
you will know that speculative stocks which have been
pushed up not due to fundamental ground will have
a nasty wake-up call when it fall from grace. The fall
will be hard but sometimes not as swift. You can totally
disagree with my personal view but I am only just
voicing out my concerns. I see a fall in Civmec and
it will lead to a significant selling in other stocks as well.
I maybe wrong but it is only my view again.
A few readers asked about China Minzhong's surge
yesterday. I believe it definitely have something to do
with the research report published by Maybank Kim Eng
who gave the stock a 1.16 target price after visiting the
company. To me, it is still considered a rebound unless
it can stay above 61cts for this couple of days and with
increasing volume to back it up toward the 63cts resistance.
Fundamentally, I like the stock and I believe it is undervalued.
It will be announcing its full-year result in the last week
of August if I am not wrong, so maybe it will have a run-up
prior to the result announcement.
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, August 1, 2012
Market View 1st August 2012
Ok, I will go straight into what and how I
feel August and the next couple of months
and trading days will turn out to be. This is
just my personal analysis and I am not sticking
my neck and head out this time, as my wife
call me crazy for doing so in so many occasions.
She said that this isn't necessary to order to make
a point and my neck and head will be worthless.
Haha, she got a point so I am leaving my head
out this time.
Personally, I don't see a pretty August, in fact, I
see a rather stormy month ahead. I expect the market
to be volatile but it is going to drift lower this month.
This trend should drag till about mid-September and
then we will see a much brighter and clearer sky.
What I will do this month is to look for bargains in
any big drop and correction along the way.
Oh ya, by the way, please have a stock call Civmec
in your watchlist as this stock will be the beacon
to where the market is going. If you see a sell-down
in this stock then we can expect the same for the
others as well. I won't be surprise if I see a >10%
a day for this stock. Civmec is a recent IPO but it has
risen significantly and trading at a P/B of more than 10 times.
This is pure madness valuation in the stock and I
certainly expect it to fall back to a more realistic level.
If you have been in the market for some time, you will
know where all these exuberance will eventually leads to.
Do take note that I am not saying that all should just
hide inside the cocoon or shell and ignore what is
happening in the market. On the contrary, one should
watch vigilantly this months as I believe that we will
be able to pick up juicy discount bargains.
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
feel August and the next couple of months
and trading days will turn out to be. This is
just my personal analysis and I am not sticking
my neck and head out this time, as my wife
call me crazy for doing so in so many occasions.
She said that this isn't necessary to order to make
a point and my neck and head will be worthless.
Haha, she got a point so I am leaving my head
out this time.
Personally, I don't see a pretty August, in fact, I
see a rather stormy month ahead. I expect the market
to be volatile but it is going to drift lower this month.
This trend should drag till about mid-September and
then we will see a much brighter and clearer sky.
What I will do this month is to look for bargains in
any big drop and correction along the way.
Oh ya, by the way, please have a stock call Civmec
in your watchlist as this stock will be the beacon
to where the market is going. If you see a sell-down
in this stock then we can expect the same for the
others as well. I won't be surprise if I see a >10%
a day for this stock. Civmec is a recent IPO but it has
risen significantly and trading at a P/B of more than 10 times.
This is pure madness valuation in the stock and I
certainly expect it to fall back to a more realistic level.
If you have been in the market for some time, you will
know where all these exuberance will eventually leads to.
Do take note that I am not saying that all should just
hide inside the cocoon or shell and ignore what is
happening in the market. On the contrary, one should
watch vigilantly this months as I believe that we will
be able to pick up juicy discount bargains.
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
Tuesday, July 31, 2012
Market View 31 July 2012
I wasn't available yesterday as I was out of
the country for a short trip at our neighbour.
Anyway, today is the last day of July, and
very soon we will celebrate our National
Day. I received a few interesting emails asking
whether we will have a National Day rally
coming. I have some personal views about what
is going to happen in August and the months
that follow, but I will reveal it maybe tomorrow
or during this week. Don't ask me to stick out
my neck again, I will just put it as my personal
analysis or just simply my gut feeling.
There are also a couple of emails asking me
about Genting which suddenly shot up yesterday.
I can only say that expect the unexpected and
all the factors are in its stock price right now.
Can it go further up? I still feel that it is still doing
a rebound now and I will monitor further.
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 country for a short trip at our neighbour.
Anyway, today is the last day of July, and
very soon we will celebrate our National
Day. I received a few interesting emails asking
whether we will have a National Day rally
coming. I have some personal views about what
is going to happen in August and the months
that follow, but I will reveal it maybe tomorrow
or during this week. Don't ask me to stick out
my neck again, I will just put it as my personal
analysis or just simply my gut feeling.
There are also a couple of emails asking me
about Genting which suddenly shot up yesterday.
I can only say that expect the unexpected and
all the factors are in its stock price right now.
Can it go further up? I still feel that it is still doing
a rebound now and I will monitor further.
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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