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Thursday, May 23, 2013

Market View 23 May 2013

Ok, just want to inform the readers that although 
the blog has Liverfyre chat at the bottom of the
blog now, you can still leave a comment the usual
way too. Like this one from Yvonne,"
Hi SL
Just wanted to say a BIG thank you for your recommendation

on Dukang. I was a little worried going to this stock because
I found that it is already breaking new heights every day. 
However, there's also another theory that says buy high, 
sell higher. So I bought at 0.49 and sold at 0.52.
Shall look forward to hearing more from you and do enjoy your holiday break.

Best regards always
Yvonne"


Ok, come back to stocks..
US fell sharply and reversed all the early gains in 
overnight trade after, of course, our dearest Fed chief,
Uncle Ben spoke. Looking at the pre-opening figures,
there isn't a clear sign of early selling but I will be on
the cautious side and be ready for anything. This is
the last trading day of the week as we celebrate Vesak Day
tomorrow. 
Before I forgot, I am starting to take profits from Courts
Asia now even though it is still doing a pre-result surge. 

If you are interested in our local brokerage's stock
call, then go to:

Singapore Stock Reports For You
  

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:

Unknown said...

HI SL

Thanks for the recommendation on Dukang. I bou at $0.40 & exit at $0.50.

Thanks
Khim

kk said...

hi bro SL,

wanna thank you for your opinion on rowsley. i looked at the chart of rowsley on tuesday and found it quite decent if it can break through 42 with volume. on wednesday, it started moving up with volume and upon checking with you and your comment that peter lim stocks are in play, i entered 45lots at 425. within minutes it went up to day high of 44 and per your advice, i sold off 25 lots at 44 to lock in some profits. today market reversed and i cut the remaining 20 lots at trailing stop of 42. overall still profits from the trade and more importantly, the discipline in trading. thanks a lot bro SL.

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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