Market View 14 December 2012

The weather today is so cooling and soothing
that I nearly can't lift myself out the bed. I guess
that is the benefit of not working for someone but
only to answer to yourself. Nevertheless, I have some
open positions in the market so I have to have the
self-discipline to be up and monitor over them.

Some of you may have notice the banner of Value
Investing Summit 2013 on top and at side of the
blog. It is an event on "What to Invest in 2013" with
various local and foreign speakers from different
companies and background. I am glad that a "Fool"
will be speaking at the event, that is Mr David Kuo
from The Motley Fool. If you don't know about The
Motley Fool, then you better google them.

The Summit will be held on January 26th and 27th
at Kallang Theatre Auditorium. There is an Early
Bird Discount price of $149 right now till 31st December.
That is like $74.50 per day. If you get a 2nd ticket,
it will cost you $79, meaning for 2 tickets, the total
price is $149 + $79 = $228. That means $114 per person,
and $57 per day per person, is this a steal of what?
Some buffet out there cost more $57 already.
Actually, it is not all about the cost, but I believe that
we will benefit from the insight and views of the
speakers. I am a firm believer of life-time learning,
so my wife and I will be going for the event too. 

As per what I said in yesterday blog, be prepared for
any profit-taking very soon. When I saw the headline
in ST Business section that the index is trading at a
16-month high, I just (dis)like such news as the
imminent will happen.

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 

别人笑我太疯颠，我笑别人看不穿    

     

Market View 13 December 2012

 Seriously, there isn't much for me to add on today
only to say that the STI had been up for the last 6
days, and it maybe ripe to take a break very soon.
The selected small and mid-caps have also done
decently well last couple of days and will be subjected
to profit-taking if the broad market condition turns
cautious and negative. I told many readers on Skype
that I am still quite confident that we should see a
strong closing at year-end, and I maintain to hold
this view. By the way, I will be publishing my own
market view on the stock market in 2013 around
the last few days of the month or even on the
New year day itself. It is a yearly market view which
I will also share those stocks that I believe will be
performing well in the year. Do look out for it.

Last thing before I forgot, if you are interested to join
the Stock Lobang Mentor Group, you have another
12 more days to submit with your answers to the
questions I stated. Further detail available in
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html


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 

别人笑我太疯颠，我笑别人看不穿      

Market View 12 December 2012

I don't know whether you will be busy today, but
I will be. Today is an "auspicious" day to get married
with the date being 12-12-2012. I have a ROM lunch
and a wedding dinner tonight, exactly 2 red bombs in
a day. If you are in the same situation, Skype me to
chit chat about it.

Last week, I mentioned that I am looking at a few stocks
and that included Courts Asia, as I observed some
signs in its chart. It moved up slowly and suddenly
burst up yesterday. Yes, you can say that is because
UOB KH initial coverage with a 1.19 target price.
But if you look at the chart, the indication is already there.
It will likely meet the psychological resistance of 90cts
head-on, and it need to have strong supporting volume
to back it up for a charge over the mountain.

The other stocks that I stated are all doing pretty decent
and if you have a ready cut-loss level present, then you
will do fine to just see the stocks going higher.

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 

别人笑我太疯颠，我笑别人看不穿      

Market View 11 December 2012

STI is now trading at a 16-month high so
the mid-cap and pennies should be doing
very well also right? This is the question
that some readers were asking me yesterday
and last week. Sad to say that, most mid-cap
are still far from their glory days and some is
even far worse off than before. There are
contradicting reports on whether the blues
will continue to move higher as the year is coming
to an end. My personal view is that, although
there may be some bumps along the way, we
should still have a fantastic year-end closing,
baring any unforeseen black swan event.

By the way, do anyone know where I can see
a field or just a patch of dentdelion, better known
as 蒲公英 in Singapore? I remembered that I
used to see big patch when I was still a young boy.
I wish to enjoy blowing its flower into the wind again.
Please email or Skype me on where I can find it now?
Thanks in advance.

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 

别人笑我太疯颠，我笑别人看不穿    

Market View 10 December 2012

 I have to say that last week was quite a good trading
week as so many stocks were being rotated and well
traded around and the limelight keep changing focus.
Even STX OSV decided to join the fun as it surge high
last Friday with a healthy volume. Some readers joked
that I am like the spokesperson of the company and
always recommend the stock when it was temporary
being sold down. Well, I have to say that it is a very
good stock and if you missed the great sales recently,
then you may have squander an opportunity. As long as
the stock is above 1.43 mark and with volume flowing
in, it should continue its march toward the 1.5x level again.

Next, we come to Olam. Many readers keep asking about
the stock and want to know whether they should jump in.
Well, I can only say that you can still catch the fish in
muddy waters if you can stand the uncertainties and
the cloudy situation right now. I believe the caught fish
will be a fat and juicy one after I pull up it from the water.

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 

别人笑我太疯颠，我笑别人看不穿