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Monday, August 26, 2013

Market View 26 August 2013

In a flash, August will be over this week and
we will welcome September very soon.
Some readers told me that this is a August 
that they will rather forget and thus look forward
to a better next month. You know, I normally
will remember the bad months better than the
better counterpart. I just know that there are more
to be learned in the storm rather than from the
clear sky. I certainly hope that the readers remember
any painful experience they had this month and
it should become a well-earned helpful knowledge
in many years to come.

Next, I have decided to have a Skype Group Chat
where I can discuss any potential trade with the
Skype member in a more timely fashion. You can
skype me if you are interested. It is of course FOC
but do note that you will be able to see all the participants
in the Group Chat. You may even see your colleagues
and/or friend in it too, so if you are not comfortable with
it, then you should not join the group. 

Ok, lastly, how do I see this week market?
You know, I am very very close to calling an interim 
bottom for our index and the many stocks that follow.
I take the current market condition as a god-send 
to start to collect and buy some winner stocks again.
You may have different opinion and that is fine with me.
I am just plainly voicing my views and of course it will
differ with many others. 

One more thing before I forgot. I received a comment
from a reader last week and it goes,
"Anonymous stockwannabe said...
Hello,SL. First of all, i have to apologise as this comment is
overdue. I wanna say thank you for sharing your thoughts
here in the blog unselfishly.

I went into a few trades from what you posted 2 weeks ago.

FIrst, I bought into Yanlord@1.24 and exited at 1.29. 
Secondly,it's Kris Energy. I went into it when it break out of
inside day  trade@1.21. i exited early at 1.27. It went on to
hit 1.33 after that. However, I am happy with the profit made,
as I am rather new in trading using TA. Thirdly, it's Geo Energy. 
Though the first week saw a whipsaw along 385, which it's
the breakout price you  mentioned, last week's price action
has given me a good reward to sell it at 405 amidst the
bloodshed in STI. All these sharing have helped me to gain
 confidence in using TA.

:)"


One final thing, the Stock Report blog will resume from today.
I had some issues with it for the past 2 weeks and it should
be Ok from today.


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 connect to me at my
email address: stocklobang@yahoo.com

You can also join my Group Chat too.
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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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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