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Thursday, October 4, 2012

Market View 4 October 2012

 Many stocks were down or closed near to their
day-low in yesterday session. I have to say that
the signs were there already but you need to be
able to spot it. Some readers said that I am trying
to talk down the market. I am amazed with such
an proposition which is really beyond me to perform
this huge act. The tides and our life have its ups and
downs, the market is exactly the same.

I would say that the stocks now is not looking cheap
at this time after the surge recently. Some stocks are
even showing the state of decline on the charts while
some are having a hard time trying to gather enough
strength and momentum to break its recent high.
This is not a time to be gung-ho but a time to practice
ones vigilance in looking at the market condition.
Stock picking is a skill, but the entry timing is an even
more difficult one to master. You need to combine this
two acts or skills to really survive in the stock jungle
and hopefully can hunt down some preys to bring back.   


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, October 3, 2012

Market View 3 October 2012

I wrote about how there are so many strangers
stocks moving high in the Top Volume or just
moved higher without significant volume. To me,
somehow I don't like to see such occurrence as
it had proven to me time and time again that a
pull-back is imminent. I don't believe this time will
be any exception.

Ok, I received some enquiry on the movement
of STX OSV. I have to say that it is trading in a
tight range now. The meaningful resistance is at
163-164 level and a strong break at this level will
signify that the stock may move to the next barrier
around the 1.70 region. I read about the contract
won, but it will still need healthy trading volume to
have any further impact.

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, October 2, 2012

Market View 2 October 2012

I went through the charts and price action
of quite many stocks and I realised that it is
really a state of "Every dog has its day" and
we can see so many stranger stocks also getting
a boost and head higher. I can only say that this
is all 鸡犬升天.

Seriously, I am not that comfortable trading some
of the stocks in my watchlist at this time. Somehow
I can see from the charts that there are exhaustive
signals and the chances of them taking a break
surpass them heading higher in the short term.
I will alert the readers when I see further confirmation.  
By the way, I am still compiling the research reports
and will likely send them out pretty soon.

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, October 1, 2012

I think I write (about my vacations)

Some readers asked how was my vacation on
Skype and email, and I have to reply them I had
a great time taking a break and enjoying the nature
and finally finish a book which had been left on the
shelf for weeks (or is it months)?

I believe in the saying that "读万卷书, 不如行万里路"
and it is during the trip to overseas, to some less-privileged
countries that you can hopefully know and can appreciate
how lucky and fortunate that we are born and brought
up in a prosper country, our homeland Singapore.
I often tell those close to me to treasure and appreciate
their loved ones and enjoy together some precious and
quality moments that will bring wonderful and unforgetful
memories for many more years to come. Although there
are reports stating that we are living healthier and therefore
having a longer life span, but the unpredictability of Life
can just bring an abrupt end to anything and everything.
天有不测风云, 人有旦夕祸福, 莫待树欲静而风不止时才后悔,
时已晚兮

I am a Buddhist, although I can't say I am a 100% devoted
one, but I believe in what I believe, and that is the only thing
I care. I like to visit the Buddhist temple and monument overseas
and I am glad that I have been to quite many already.
Somehow, I can spend a very long time in the temple despite it
being crowded with devotees and tourists like myself.
I just like to sit under the shade of a tree or inside the main
building and just enjoy my time with the Buddha and while
away time watching people and time passed by.
My next trip will hopefully be going to 西藏拉萨布达拉宫
Tibet Potala Palace. I don't know whether my body can
take it with such an high altitude challenge but I guess
I just have to do more strenuous exercises to prepare for it.
I also hope to visit the 敦煌古壁画 and walk along the 丝绸之路.
That is my plan for next year's trip and I plan to complete
it within my ability. Look like Mr Market need to sponsor
more 孔方兄盘缠 for my trip next year. 8-)

 



Market View 1 October 2012

A fresh month, A fresh me, but the same old market.
It is so good to be back with the blog readers and
of course to continue to spar with Mr Market again.
I took a relaxing break in the neighbouring countries
and just watch the time passed by while I enjoy a
good read or just simply doing nothing. I believe such
a rest is beneficial to anyone regardless that you are
a office worker, self-employed boss or just a stock
trader like me. Go on, plan for your holiday and enjoy
the breeze, the sun, the sea or just go for your crazy
shopping trip.

Ok, back to the market.
I went through the chart of most stocks in my watchlist
and I can see that there are little change to most if any.
The 2 Es, Ezion and Ezra did pretty well lately while the
rest remains about the same. I did mention that after the
QE3 was out, the market players will asked "What's Next?"
and that is exactly what we are having right now: a waiting
game. We are waiting for the next trading catalyst, maybe
coming out from the Euro zone, the States or from the
powerful China.

Some people may ask how will the October turn out to
be? Well, October is traditionally a bad months as there
were some bad history clouding the month. It will be a
pretty volatile and exciting month in my opinion. We are
so close to Obama winning again in the presidential election,
and we will have more clear-cut signal from the China's
18th National Congress as we are nearer to it.
This will be one-hell of a month...

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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