Once again, it was mentioned in ST that the
STI is at a 2-year high from the recent strong
surge. Also, in the previous page, DBS Private
Bank CEO, Mr Lim Say Boon, stated that "Stocks
will be year's top performers", which I agreed and
also highlighted it in the blog days ago. He also said
that "A correction is probably due now, as we've
seen quite a run-up. But I think prices will grind
higher in the course of the year." I sounded the
caution days ago and although can still be in the
market right now, be vigilant and prepared for any
reversal in the pipeline.
I have been rather busy with personal matters
and issues, so seriously, I have not been making
as much contra and intra trades as I wanted.
Fortunately, I called for a strong Buy during last
October to December period, therefore I have also
accumulated a decent amount of stock holdings.
I even stated that the readers will regret not taking
an action during last October and I have readers telling
me "I Should Have" again. I can only say.....
The Rest is History.
Give me some time to settle my matters and I will
be back with a vengeance. For the Mentor Group
members, as per what General Douglas MacAuthur
once said, "I shall return..."
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
A reader asked me yesterday what do I got to
gain by sharing in the blog. I told him whenever
I share, the readers only got to read it once,
but I got to learn it many times. It further reinforce
my knowledge and belief of what I learn from
Mr Market over the years of interacting with him.
I went on to give an example that we all will relate
during our schooling days. I am sure that regardless
which subject or topic that you attend, the lecturers
will give out notes. Some people only study the notes
and go for the exam. Some bought the recommended
textbook and study further. Some read and study beyond
the syllabus of the course material, textbooks.
Yes, the one who study the most may not be the one
to score the best in the exam, as the questions may
all be covered by the notes handled out. I call that being
exam-smart but guess who will be the one to really benefit
in the long-run.
Treat my Market View as just notes and it is really up to
the individuals to fulfill their own hunger and desire to
really learn more about Mr Market. I read a lot of books,
both on and off the stock market/trading/investing and
sometimes, I feel that I read too much, but when I talk
and share with the friends and relative, you should
see the look on their faces. That keeps me going....
ST finally highlighted the penny stock mania that
is happening currently and also sound a caution
to the readers today. Well, I have stated my view on
the micro-pennies run-up and just look the trading
volume of some of it can really spoke me to other
stocks in my other watchlist immediately.
Am I already all out of the market at this time?
No, I am always in the market with some transactions
and always alert to the slight turning and reversal
of the market action. I guess it is call the Instinct.
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
I have nothing much further to add to recent
view that market should be heading to a short
and temporary breather. My bullish view on the
2013 market remains and I still don't see anything
that will derail the market as yet. It is totally
perfect normal that the market is subjected to a
profit-taking action after the recent strong surge
and it will only recover and charge back stronger
than before.
Oh ya, if the readers are still interested in the
Value Investing Summit 2013, there are still tickets
available. The price now is 199 per ticket for the
2-day event which is still a $50 discount than the
normal price. You have missed the early-bird discount,
but it is better than to late than never. I saw that there
is still the offer price for the 2nd ticket bought and this
New Year Deal will only last till 13th January and I
expect the organiser to increase the price after that.
To me, the current surge will end very soon and it
will be interesting to see who have been swimming
naked and who will be the last one holding the baby.
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
Suddenly wherever I go, I can see that there
are more interests in the stock market now.
Yesterday, I went to buy a drink at a traditional
provision shop and I saw a TV next to the counter.
The screen was showing teletext and it is on the
page 305 which is the Top Volume. The old shop-owner's
eyes were sticking to the screen that even when
I stood infront of the counter, it will take him a while
to realise that. Look like even the not-so-active
retailers are also into the market, but sadly I can only
see micro-pennies in the Top Volume and I wonder
which penny he is in.
Just to clarify what I have been writing here over the
last few days. I am just sharing my experience and
observation that I have been through with the readers.
It is always the case that the pennies, worst if it is
the micro-pennies are the last to move in any run-up.
And guess what, they will be the first to reverse when
the selling comes. I have not touch all these micro-pennies
for a very long and I won't even see them even if they
are being "promoted" as multiple baggers until they have
reach a certain stage. Well...if they are really 5, 10 times
baggers then you won't miss it anyway.
To me, the current surge will end very soon and it
will be interesting to see who have been swimming
naked and who will be the last one holding the baby.
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
A sincere apology to the readers of the blog
as I have been pretty busy with some personal
stuff that need to resolved lately. I will be busy
this week too but I believe I won't be missing
out much and the reason will be revealed below...
If you look at the our market now, you will agree
that we are in a stage of 鸡犬升天, as we can
see that the Top Volume are flooded with so many
"unknowns" and their trading volume is incredible.
You should realise that the micro-pennies are the
LAST to move and this is the situation that we are
looking at now. From last Friday's closing figures,
I only see Golden Agri at the 36th position while
the front were dominated with the speculative
micro-pennies with many even below the 10cts mark.
Genting sat at the 41th seat, Noble at the 59th,
YZJ is further back at 68th position, and Olam
is at the unthinkable 101th position in the Top Volume.
You should know that I don't like such an occurrence
and I believe you know what will happen next...
It won't be pretty, but it is much needed.
上帝要你灭亡， 必先让你疯狂! 覆巢之下无完卵!
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
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.
