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Friday, November 30, 2012

Market View 30 November 2012

Olam remains to be in focus as its share surged
yesterday and closed on a high note. I know of
readers who won 2 days in a row on intra trade.
And of course, I also received comments and emails
from emails that "They Should Have". Well, that's life.
Some readers asked me whether Olam can go back
to its former glory days when it was a $2 stock.
I can only say that it is doing a technical rebound
right now and to achieve higher ground, it need to
have a clear-cut strong financial result to back it up.
The management can rebuke all the comments by
Muddy Waters but it is still words against words.
The company need to produce what was being said
into what we can see in its result announcement and
this remains to be verified and justified by the investors.
In my opinion, I believe that Olam is still a pretty
robust company and will continue to deliver values and
appreciation to its shareholders and investors.

Yesterday was quite a great trading day as the stocks
that I mentioned were all up and running, except for
a spoilsport, Yoma. Some readers I know made money
on Biosensors, STX OSV, Yanlord, Noble, the 2 Es and CMZ.
I see the momentum and strength still intact for the
moment but one still must be alert to any reversal play.

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, November 29, 2012

Market View 29 November 2012

Look like Olam is going to remain in the limelight
for quite some time. Yesterday, during its morning trading
halt, I told those readers who asked me about Olam
that I am going to buy the stock when the trading
halt was lifted and I will buy at the opening and within
those few crucial minutes. I told the readers that the
resistance is going to be at 1.57-1.58, and guess what
the stock's day-high was at 1.575. From what I know,
a few risk-taking readers hit the buzzer and managed
to make a handsome intra-day trade. The stock closed
at 1.50 way away from its day-high. I am still mid-term
positive on the stock and I continue to view the current
weakness as a great buying opportunity. If it suffers another
heavy selling, then what a wonderful time to pick up a
quality stock at such a battered price.

For the other stocks that I am also looking at, they
included: Biosensors, STX OSV, Yanlord, Yoma,
Noble, the 2 Es and CMZ.

On a side note, I wonder how many reader have watch
the latest Jack Neo's show, Ah Boys to Men? I watched
it last week when I was on "MC" and it was quite a funny
but enriching movie. It really make me recalled my BMT,
FT units, NSman life and period. Time passes by very fast,
and I have became MR (Military or Mindef Reserve) for a
few years, so for those curious readers, you can roughly
guess my age now. 8-) 

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     

P.S.: I will add the theme song for the movie in the blog
for a couple of days. If you have not watch the show, you
really have to watch it asap if not you knock it down and
give me 50.


Wednesday, November 28, 2012

Market View 28 November 2012

Ok, needless to say, the main market action yesterday
focused on one stock, Olam. The stock suffered a
strong selling after the report by Muddy Waters was
out and called for Strong Sell on Olam. By the way,
Olam requested for a Trading Halt this morning pending
release of announcement. I believe that Olam is going
to defend its ground vigourously and rebuke what was
in the report. I continue to view the current selling as a
wonderful opportunity to pick up the stock at a great
discount.

If you want to read the Muddy Waters' report, go to
http://www.muddywatersresearch.com/research/olam/initiating-coverage-olam/

 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, November 27, 2012

Market View 27 November 2012

I wasn't available to post the Market View as
I took one more day off to enjoy the holiday
at our neighbour country. It was supposed to
be a short trip till Sunday but I extended it for
another day since everyone is enjoying the
quality time together.

Ok, back to the stocks..
Some readers emailed me over the last few
days whether there will be a year-end rally
or the so-called Santa Claus rally?
This is a million dollar question and I am not
prepared to stick out my head this time. All that
I can say is that I expect the Fiscal Cliff in the
US to be resolved peacefully although it may be
a bit messy. And for those doomsday supporter that
the world will end on the 12th, or 20th and even
21th next month, dream on. I will still be celebrating
Christmas on the 25th and Boxing day on the 26th.

I received a comment yesterday and it reads,"Anonymous
 Anonymous said...
Hi SL,
Thanks for the advice for STX and Noble. I bought some
and the price went up nicely. Good JOB!"
I am glad that there are readers who are risk-taker and
took a calculated risk on the stocks I mentioned.
Noble is looking pretty good currently and as long as it
is above 1.10, it should surf further north with a strong
wind behind. Some other stocks that I am paying attention
right now others than the few I mentioned last week are
Biosensors, Yanlord, Yoma and even the recent IPO,
Courts Asia.

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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