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Friday, August 17, 2012

Market View 17 August 2012

Ok, I have really nothing much to add to
recent views but to sound the alert again
to warn the readers of irrational trading
activities happening in the market right now.
There are pure speculative forces pushing
up stocks regardless of whether the company
had delivered a good or bad result recently.
You see, a stock's fundamental don't go up
5% in a day or maybe 15% in a week. It is
the buying forces behind the stock that propel
such a surge. I have made money from the recent
madness but I am seeing straight-line surge
in some stocks, and that can only mean that
the correction will be very fast and severe.
Don't ask me when will it happen, just watch
for sudden sell-down with huge volume.

Oh ya, if you have been emailing me last few
days but receive no reply, that is because I am
pretty busy this few days with multiple trades.
It will be better to ask me with Skype message.

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, August 16, 2012

Market View 16 August 2012

I will keep today market view short and sweet
as I woke up late today. 8-)
Ok, basically I believe that the hot stocks
will have difficulties moving up further and
they should consolidate before staging another
run. Genting hit the resistance again yesterday
and retrace to close at 1.31
Sakari also did the same thing over the last
couple of session hitting the resistance.
Olam and Noble are following their counterpart.
I will watch for entry only when they have breech
the resistance with good volume and strength.
Many readers told me that at the current market
situation and the traded price on some stocks,
they simply cannot force themselves to press the
BUY button anymore. I am having the same feeling
on some stocks, but I will still look at opportunities.

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, August 15, 2012

Market View 15 August 2012

STX OSV and the Three Musketeers really
delivered wonderful trades in the last couple
of sessions. Some readers commented that
yesterday was the post-NDP rally with so many
stocks hitting the top gear. STX OSV and Noble
are 2 of the most glamorous winners adding
significant gains in a day. Olam, Sakari, China Minzhong
and the two Es also performed remarkably.

Some readers asked me what is my view on
August now. Actually, I am still sticking with my
view that August isn't particularly a good trading
month. What we are seeing now maybe the last
burst of fire. I am still in the market when opportunities
strike and I am also alert to what is really happening
in the market. That is why I am going for a holiday
on the last week of August. Maybe, just only maybe,
my travel jinx will surface again, maybe.

There was a comment left by a readers in the blog
yesterday and it reads, " Anonymous said...
I benefited from SL's advice again. If u just want some1
who feeds you with answers, then he is not the one.
He will teach you how to fish, but not gives u the rod.
In the long term, it is for your own good. I need to thank
him for his advice."
Well, I certainly won't give out any fish to the readers
but I will point out the place where the fishes are
gathering and I do give up fishing rod to those readers
who really show a desire and will to learn what Mr Market
is doing and thinking. Those who have been chatting
with me for some time will know whether I have the
"substance" or not or just simply talking cyber rubbish.

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, August 14, 2012

Market View 14 August 2012

I have just been through the STX OSV result
and although the profits dropped about 12%
when compared year-on-year, it is still giving
a whopping special interim dividend of 13cts,
that is $130 per lot. I think I should be going for
another trip after getting the dividend in September,
going by what the company did last year.
By the way, I will be away on a short trip in the
last week of the month, the blog will be close
from 27th-31th August. I will be back on the first
trading day of September.

Ok, as usual there were a lot of questions on Genting
yesterday from the readers. At the moment, I
believe there are further upside for Genting when
it can break the 1.27 resistance with strength and
also cover-up the gaps. I will monitor the stock closely.
Regarding the big drop of Sakari, I have to say that
it is perfectly normal. If it continue to slide below the
1.44-1.45 support level, then it will be really bad for
the stock, and I won't rule out the possibility of going
back to square one, that is back to the 1.30s region.
However, if it can breech the 1.50 level again, then
it should be able to launch another assault on the
higher ground. But for the time being, take a break.

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, August 13, 2012

Market View 13 August 2012

Finally, it feel like a "real" trading day after resting
for the last 2 days unlike last Friday. Ok, today the
focus will be on Genting, after it announced a lower
Q2 profits. I believe it will still be range bound unless
the recent low of 1.26 is taken out.
Noble will be announcing result after market close
today. It has been moving steadily up over the last
couple of trading session, and it will interesting to
see whether the momentum can continue throughout.
Also, do note that STX OSV will be announcing the
result tomorrow morning BEFORE market opens. 

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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