It is almost like today is Sunday that I struggled
to get out of bed after enjoying the holiday yesterday.
But it is another trading day and it look like
it will be a very interesting one today.
We will have the heavyweight Genting announcing
result after market close today, and looking at
the price action on Wednesday, it look like the
result may have already been leak out. I specifically
told a reader that it will be supported at the 1.26-1.27
level and that was exactly what happened. It hit
a day-low of 1.26 and closed at 1.275 Any breakdown
from the 1.26 level will be chaotic and it is now
within range to 1.33-1.34 I see it bouncing up and
down at this range for the time being.
Some readers asked me about YZJ which also
announced result days ago. Actually, if you ask me,
I see the company as a very quality ship-maker in
a rather weak sector. A strong stock in a weak industry
right now, as compare to others like Cosco and NOL.
I like the stock and it will be a tiger out of the cage
(老虎出笼) once the 1.04 resistance is taken out with
strength and good volume.
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 10, 2012
Wednesday, August 8, 2012
Market View 8 August 2012
Tomorrow is our nation 47th birthday and I
like to wish our nation "Happy Birthday",
国运昌盛， 风调雨顺， 国泰民安, 国民安居乐业，
共创美好，繁荣盛世。
I have really nothing much to offer today but
to highlight a news headline in yesterday's ST.
It reads," STI hits year-high on good news from
US, EU" Frankly, I really like to see such a news
appearing in our mainstream papers, and it will
be much better if ST can continue to feature some
of the recent big winners in the stock market.
And this will be an almost-confirm sign that the
market is really going to take a rest. The signs
are already quite obvious, now is the execution part.
Just to answer a comment left yesterday regarding
Wilmar. I don't think I mentioned Wilmar lately and if
I recalled correctly, it should be on the Three Musketeers,
Sakari, Olam and Noble. These 3 continue do pretty
well, and Noble will be reporting its result on 13 August,
and Olam will likely be the last week of August.
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
like to wish our nation "Happy Birthday",
国运昌盛， 风调雨顺， 国泰民安, 国民安居乐业，
共创美好，繁荣盛世。
I have really nothing much to offer today but
to highlight a news headline in yesterday's ST.
It reads," STI hits year-high on good news from
US, EU" Frankly, I really like to see such a news
appearing in our mainstream papers, and it will
be much better if ST can continue to feature some
of the recent big winners in the stock market.
And this will be an almost-confirm sign that the
market is really going to take a rest. The signs
are already quite obvious, now is the execution part.
Just to answer a comment left yesterday regarding
Wilmar. I don't think I mentioned Wilmar lately and if
I recalled correctly, it should be on the Three Musketeers,
Sakari, Olam and Noble. These 3 continue do pretty
well, and Noble will be reporting its result on 13 August,
and Olam will likely be the last week of August.
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, August 7, 2012
Market View 7 August 2012
Ok, US market surged again in overnight trade
and our market also performed well yesterday.
But I am having an uncomfortable feeling about
the market right now, as I am doing lesser trades
nowadays, and when I did, it is all focus on just
a handful of counters. I am getting lesser chart
indications and many stocks are not "participating"
in the recent run-up. This is an ominous signal and
maybe even an imminent one. I am turning curious
at the moment, although I will still snap up the
bits and pieces of meat I can scrap off from the bones.
There is a saying that I don't know the readers have
heard before and it goes, "上帝要你灭亡， 必先让你疯狂"
I think it is exactly what is happening in the market now.
Frankly, I maybe wrong and people may say that I
am having a doom-day opinion, and that is exactly
what it is, my opinion.
Genting indeed stopped at the 1.34 level that I
highlighted yesterday in blog and only just able to
close at 1.305 I will only be interested in the counter
when it is around the resistance again or else it may
just be beaten back to square one. It will announce
its Q2 result on 10 August, a day after our National Day.
China Minzhong and Sakari are also facing headwind
around the resistance that I stated yesterday and it will
require strong volume and momentum to advance.
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
and our market also performed well yesterday.
But I am having an uncomfortable feeling about
the market right now, as I am doing lesser trades
nowadays, and when I did, it is all focus on just
a handful of counters. I am getting lesser chart
indications and many stocks are not "participating"
in the recent run-up. This is an ominous signal and
maybe even an imminent one. I am turning curious
at the moment, although I will still snap up the
bits and pieces of meat I can scrap off from the bones.
There is a saying that I don't know the readers have
heard before and it goes, "上帝要你灭亡， 必先让你疯狂"
I think it is exactly what is happening in the market now.
Frankly, I maybe wrong and people may say that I
am having a doom-day opinion, and that is exactly
what it is, my opinion.
Genting indeed stopped at the 1.34 level that I
highlighted yesterday in blog and only just able to
close at 1.305 I will only be interested in the counter
when it is around the resistance again or else it may
just be beaten back to square one. It will announce
its Q2 result on 10 August, a day after our National Day.
China Minzhong and Sakari are also facing headwind
around the resistance that I stated yesterday and it will
require strong volume and momentum to advance.
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
Monday, August 6, 2012
Market View 6 August 2012
US market soar last Friday following a
better-than-expected employment report.
Dow was up 217 points or about 1.7%,
Nasdaq and S&P 500 also added 2%.
Our market also performed very well last
Friday with a handful of stocks surging
through the roof.
China Minzhong continue to run up after
crossing the 63cts resistance with style.
It will likely meet the resistance around the
69-70cts level. Its Full-year result is coming
toward the end of the month, and it will be
a focus from now till then.
Sakari is also a very good run after reporting
a decent result. If it can sit comfortably above
the 1.45-1.455 level, then the next hurdle to
cross is around the 1.50 level, but I am seeing
exhausted signs in the stock now.
Somehow, I got to talk about Genting today.
I told a few Skype readers that Genting is in a
stage of decision time last Friday. Base on the
chart, it is either to explode upside or downside
with a bias of upside in my view. Indeed, it broke
out and it will face strong headwind in the 1.33-1.34
region today. Genting will announce its Q2 result
on August 10 after trading hours.
I also observed that there are excitements with the
recent IPOs and I will be watching them closely too.
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
better-than-expected employment report.
Dow was up 217 points or about 1.7%,
Nasdaq and S&P 500 also added 2%.
Our market also performed very well last
Friday with a handful of stocks surging
through the roof.
China Minzhong continue to run up after
crossing the 63cts resistance with style.
It will likely meet the resistance around the
69-70cts level. Its Full-year result is coming
toward the end of the month, and it will be
a focus from now till then.
Sakari is also a very good run after reporting
a decent result. If it can sit comfortably above
the 1.45-1.455 level, then the next hurdle to
cross is around the 1.50 level, but I am seeing
exhausted signs in the stock now.
Somehow, I got to talk about Genting today.
I told a few Skype readers that Genting is in a
stage of decision time last Friday. Base on the
chart, it is either to explode upside or downside
with a bias of upside in my view. Indeed, it broke
out and it will face strong headwind in the 1.33-1.34
region today. Genting will announce its Q2 result
on August 10 after trading hours.
I also observed that there are excitements with the
recent IPOs and I will be watching them closely too.
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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