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Thursday, August 1, 2013

Market View 1 August 2013

The first day of the month of our nation's birthday.
Too bad that I did not manage to get the ticket for
the NDP after trying my luck for so many years
and I certainly don't intend to watch it at home too.

Yesterday, a lot of stocks suffered selling and 
most of them closed red, real bad in some case.
A lot of readers asked me about Dukang, which 
has since fallen from grace and drop down badly.
I have to say that I don't know where it will fall
to and when it will rebound. But I do know that it
is certainly at the support region right now, and 
a rebound is not out of sight. Its last year FY 
result announcement came on 29th August, and I 
believe this year will be around the same time too.

Ok, next we come to the T-Rex.
I commented in the blog yesterday " I guess I will have
to keep this lonely 1 lot for some time, or to add up the
stock and sell at a optimal time.", and indeed I choose
the 2nd option and add-up my miserable lot yesterday,
The reward was fantastic as the stock went to a high 
of 60.5cts and I managed to get rid of some near the
day-high. A few readers joined me and I saw one 
commented, "Anonymous Anonymous said...
SL thanks for the Rex tip. I add up and make a few cents. 
will moneymax be the same?"
Firstly, it is not a tip, it is what I will do in my situation.
Secondly, I won't know whether MoneyMax will perform
as good, or even worse or better. Let's see how is its
IPO responses first.

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  



 




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