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Friday, December 7, 2012

Market View 7 December 2012

I just noticed that this will be my 900th blog post
and I am 100 posts away from the elusive but
imminent 1000th post mark. It should happen in
the next couple of months though. For the time
being, I just have to continue to provide good
quality daily write-up.

It seems that this days you can't help but see Olam
in the limelight for the unglamorous reason. After the
rights issue is out, the stock suffered heavier selling
and rest at the support level of 1.45-1.46 level as stated
in the blog yesterday. Some readers asked for my
view on the recent plunge. I have to say that it is more
of a confidence and belief issue on the company rather
than the financial status or the rights issue now.
I believe that the funds are shedding their interests in 
the company but at the same time, there are longer
term investors and funds picking up the broken pieces.
It is the usual tug-of-war between the supply and demand
side of the market forces, and currently the bears are
winning the battle. Do take note that the war is not over yet.

On my side, I bought Olam when it was in the 1.4x level
and when I saw that the selling is getting stronger, I started
to pare my holdings and contra to preserve profits.
Take note that you should NEVER NEVER NEVER let 
a winning stock become a loser. It will demoralise you with
a devastating effect and you will likely feel it for a long time.
I am still mid-term bullish on the stock and I will start buying
again at the current 1.4x level.

By the way, I have to say that the emails I received for 
the Mentor Group is very encouraging. Keep the emails
coming in.... 

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, December 6, 2012

Market View 6 December 2012

Over the last 2 days, I received close to 20 emails
from readers wanting to get into Mentor Group.
Thank you for all the interests and all will be considered
regardless of the answered that you provided.
Frankly, I have to say that I am pretty impressed by
the quality of the answers and also "shocked" at
some of the out-of-this-world solutions especially
toward the bonus question. It is obvious that we have
readers who are willing and eager to learn and to
further improve their financial knowledge and apply
it to the stock market. I like such active attitude and
you can succeed at anything you are doing right now
or venture at a later stage. Keep the emails coming...
Oh ya, please send the email to:
stocklobangmentorgroup@yahoo.com
I received a few emails to my other email account but
don't worry, you will still be considered.


Ok, we come to the main market focus, Olam now.
I received several questions from the readers about
my view on the stock. I have to say that I am still
pretty bullish and confident on the stock with a
mid-long term view. I consider the stock going through
a rough patch now but I believe that it got the ability
and quality to stand up again and deliver succulent
rewards to those who dare to pick up the battered stock.
Going by the selling momentum, should the support level
of 1.50 failed to hold its ground, we are looking at the
next level of support at the 1.45-1.46 region. 

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, December 5, 2012

Market View 5 December 2012

It is so interesting that I actually intend to
announce the setting up of the Mentor Group
this morning but I already received 6 emails
from the readers. It is encouraging to see that
readers willing to learn and concern about their
finances. For the early birds, although I will not
be using a first-come-first-serve selection basis,
you will still in my priority consideration as I like
people who take action and go for the Change
and not waiting for things to happen. The readers
can still email me with the answers to the questions
asked by Christmas. Keep the email coming.....


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, December 4, 2012

Stock Lobang Mentor Group

Hi All,
I will be starting a Mentor Group from next year
January 1st onward. It is going to be a closed-door
member-only group but it is going to be a FOC one.
No monthly or yearly membership fee of any sort,
the only investment is going to be your own financial
knowledge learning and of course your time and
commitment to interact with Mr Market.

The reason why I decided to have a Mentor group
is because of readers' request that I provide a more
timely and precise technical and fundamental analysis
of the stocks. They want to know the exact entry and
exit price that I will trade and the rationale behind the
trade. I will seek to reveal more of my trading methods,
technique and secrets in the group so that the members
can benefit and gain from my experience and knowledge.
For the other readers not inside the group, I will still continue
to provide market view at this blog without fail, but it will be
more general. The information provided here should be
sufficient  for the readers to make informed financial decision.
But if you are more into stock trading, making money on
contra or intra, then you may want to consider joining the group.
It is FOC anyway, just that there is an entry selection "test".

A few readers asked me to set-up a monthly or yearly
payment site and restrict the members in it. I ponder
about this option for a while and decided not to do
anything of such scale. Once I have members paying
me to ask for my view, I will be very obligated and tied
to my seat and screen for the rest of the day, weeks,
months and year. I want to still have the time and freedom
to take a break whenever I want, to go to some exotic
and mystery countries with magnificent and incredible
nature, mountain and the scenery.

Of course, some readers may feel that I am not qualify
or don't have the credential to be their Mentor and that
is perfectly alright with me. I am seeking personnel that
I can work with and not someone who keep on asking me
questions and all the while telling me "I Should Have".

Ok, we come to the selection of the readers into the group.
It is not going to be on first-come-first-serve basis but I
am going to see how much you know about Mr Market
right now. I am still not sure how many I am going to take
into the group but the number should not be big as I need
to concentrate and provide the best to the members.

Here are the questions that you should answer and I will
see how is the responds. Send your answers to
stocklobangmentorgroup@yahoo.com by Christmas,
and I will use one week time to go through the answer and
decide how many I can take into the group.

Please answer and send in this format:
Name:
Age: (For the ladies, I am not really interested to know the
age, but I can do more to help if I know this data)
Occupation:
Salary: (You can choose not to disclose this sensitive data,
or you can give me a scale like <5000>5000 or 3000anything that you like.)

1. How many years have you been investing/trading in the stock market?
2. Describe Mr Market in one sentence.
3. What is your personal view on the stock market in 2013?
4. How much do you expect yourself to make from the stock market in 2013?
5. Why should you be in the Mentor Group?
6. By joining the Mentor Group, what do you intend to gain or benefit from it?
7. What is your BEST investing/trading record and what did you learn from it?
8. What is your WORST investing/trading record and what did you learn from it?
9. Do you believe in LUCK? Why?
10. To you, how can someone get rich from the stock market?
 Bonus question: How many sides does a piece of paper has? How about 3 pieces then?

Send your answers to stocklobangmentorgroup@yahoo.com by 25th December.

 

Market View 4 December 2012

What a great move by Olam!
Olam unveiled a US$750 million stapled right
issue of bonds and warrants yesterday and it will
hit back at the short-sellers and help dispel doubts
about the firm. I believe the best part is that its major
shareholder, our own Temasek Holdings will subscribe
to all the bonds and warrants that Olam's other
shareholders do not take up. How's that for the
confidence call. It looks like its future is not as "Muddy"
after all. Since its recent saga broke out, I have maintain
my bullish view on the company and called for a
value buy on the stock, and those readers who took
a risk and got it at discounted price can now collect and
sit on the profits. As of writing now, the stock will gap
up at an opening match price of about 1.63   8-)

As for other stocks, it is good to see that Yoma had
attracted The Capital Group to invest in the company.
It had bought over 7% of the shares at $0.525 and
the shares is going to be like 如虎添翼.

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, December 3, 2012

Market View 3 December 2012

Today is the first trading day of the last month
of the year, and what a year it had been and
we are finally in the last lap of the year. I am
contemplating on a few changes and enhancement
to the blog from next year and I will make the
announcement when we are closer to year-end.

Ok, Olam announced that it will take a trading
halt for at least today, and this was what was
being written: "Olam requests a one-day trading halt,
ending prior to market commencement on Tuesday,
4 December 2012, as Olam is expecting to announce an
initiative led by the Company involving its shareholders.
Olam expects the announcement to be made before
market commencement on Tuesday, 4 December 2012."
Look like something BIG and significant is coming soon....

With regard to other stocks, I have already said my
piece last week and I maintain the same short-term
bullish view on the market. If you are into pennies,
it seems that they have spur up to life again.

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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