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Tuesday, September 18, 2012

Pre-Holiday Market View

Ok, I was out this morning to make some
last-minute preparation for my trip starting
from tomorrow. It will be a 1.5 week break and
I will be back to provide the Market View on  
October 1st.

I received a few emails asking for my opinion
during my holiday break. I have already given
my view in yesterday's post and I continue to
believe that there are far too much optimism in
the market although the GOOD news are already
all out. Last week, I stated that the investors will
ask "What's Next?" and that is what I am feeling
too. I am turning short-term bearish on the market
right now as I believe there will be a huge profit-taking
selling in the horizon. However, I believe that after
all the "flushing-out" are done, we should still see
a year-end holiday period rally. Do take note that
this is just my personal view and please take it
with a pinch of salt, pepper and chilli.

Lastly, I have some personal view on the recent
China-Japan tension to voice out.
毋庸置疑, 历史及事实都证明和肯定钓鱼岛的主权是属于
中国的。日本的"买岛"行为确是一种挑衅,甚至是侵略举动,
态度狂妄, 嚣张,野蛮无理。 日间, 在中国各地暴发了反日
游行示威后, 演变成有暴徒畜意破坏日本餐馆, 百货公司等
等,实属不幸及不该。 历史证明,以暴制暴通常都会适得其反,
事与愿违, 会使局面变本加历而没有得到解决。

中国乃泱泱大国,肯定会在用尽了外交途径后, 才会另觅它法。
我恳切希望人们可以冷静下来,让国家领导人可以坐下来
谈判磋商,而绝对不要擦枪走火, 酿成无可挽回的地步。 这时,
应当拿出"宰相肚里能撑船"的海量来容忍滋事小国的夜郎自
大,卑劣举动。 事情还没有到达"士可忍,孰不可忍"的地步,
一切都还有变数, 转机,否极泰来。

 Lastly, I will be doing a research report mail-out either
tonight or tomorrow morning before I left home.
See you soon....




Monday, September 17, 2012

Market View 17 September 2012

This is a real happenings that occurred in the weekend.
I suddenly received 2 phone calls from a stock trading
software and a trading course provider inviting me
to a trading seminar and workshop. As I was spening
quality time with my family and I also feel that I have
no need for such course, I rejected the caller by saying
that I have not touch stocks for a very long time and
I don't even see them nowadays. To my amazement,
the telemarketing callers can even tell me the current
market situation, and encouraged me to buy and show
hand to snap up stocks now to make sure I can still make
some money in the market.

Although I believe that they have a written script in front
of them when they make all the calls but it is like I am
being told by a hawker stall owner to buy stock. I don't like
such a scenario, and I believe that there are far too much
optimism and when everyone and anyone is in the market
and expecting the market to charge high and higher, then
obviously the "minority" always win by the end of the
day. I will advise when I hear my barber also tell me to
buy stock when I go for my haircut. I will really rush back
and do some prompt actions to my stocks immediately.

I received some emails over the weekend by readers
who had chased up the stocks last few days and some
had really bought at the peak or very close to the peak.
You see, the fundamental of a stock don't just change
5 or 10% overnight, but the sentiment of the market do.
I feel that some stocks have just run-up too fast and
a reversal seems like on the cards. You can see on the
chart how steep the recent surges are and from experience
the steeper the surge the harder the fall. It will be
coupled with a inverse V-shaped fall while a consolidation
is being done.

I will be heading for a 1.5 week break starting from this
Wednesday and the readers need to practice vigilant
and caution on their own with clear-cut cut-loss level
in place.  

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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