Nicolas Darvas Box Theory Trading Method

Investing Seminar

Timeless You

Wednesday, January 30, 2013

Market View 30 January 2013

I was chatting on Skype with 2 ladies yesterday
afternoon and we discussed on various market
issues. You see, although it seems like the sky
is so clear and the coast is clear, with the US 
and Europe 's crisis and problems somehow 
suddenly all disappeared and not mentioned 
nowadays. It is really like that rubbish is all sweep
under the carpet until one fine day that carpet
can no longer contain anymore. There are skeleton
in many countries closet but all they can do is
hope that nobody find out yet. US market is in a
5-year high right now but the crisis talk will surface 
somewhat and somehow, then we shall see the
market retrace to where it should be. Market always
reacted very strongly and erratically to the extreme
side with every good and bad news. 

We can also see that many stocks, the mid-cap and
lately, the recent IPOs are facing downside profit-taking
action. It can only get more obvious as we head
towards the CNY. The Snake or is it the Serpent may
want to show its prowess immediately so be careful
not to be hit by its deadly neurotoxic bite. 

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   

2 comments:

trader said...

I agree that you must be carefull in this market. We could see a correction any day now. I am more focussed on gold and silver right now than I am on stocks. I like the fundamentals of the precious metals and technically they are ready for a rise.

Unknown said...

That is very helpful. It presented me a number of ideas and I’ll be placing them on my blog eventually. I’m bookmarking your website and I’ll be back. Thank you again!
Commodity Tips

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.

Chat with me