Many members asked me why is it that the
US market keep on surging on record high
for many day, but our market remains weak
and the stocks are even retracing. Well...
I can only say that it is always good to take
a break after a great move over the last
couple of month. There are lots of somewhat
better-than-expected and buoyant data and
result coming from Uncle Sam, and it look like
that they will remain in the limelight for the time
being. But do take note, all market will eventually
need to take a rest and subjected to profit-taking
and price consolidation, regardless of how strong
it is doing right now.
I have been through many stock charts recently,
and I will use the example, that I believe that
many stocks are in a squatting position. It is to
say that they are getting ready to jump up yet
again. This is my personal view and it may not
materialised or to the exact scale as expected.
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
Many stocks took a rest yesterday but there
are still a couple of greens like Courts Asia
and STX OSV. Well, you can say that Courts
Asia's surge is because of the recent Maybank
report with its 1.45 target price, I will just take
it that it is a technical breakout. STX OSV fell
below the offer price of 1.22 for a short moment
and rebounded. Actually, all those who asked me
about OSV recently, I will reply with a Buy on weakness.
The fundamental of the company never change,
in fact, it should be able to benefit from a stronger
owner and parent company, rather than required
to assist its former ailing owner. If you still want to
buy and get something on a discount or bargain
right now, look out for the greens.
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
Some members asked me whether we are heading
for a deep-red correction or just a minor sell-off.
I took out my crystal ball and somehow cannot
find any answer from it. Of course, I cannot find
anything! This is a million-dollar question that all
want to know but none has the exact answer to it.
My personal view is still this, the market is just taking
a well-deserved commercial break and having a
kit-kat right now. Although the indexes in US are
still charging through the root, we can barely feel
the effect in our backyard. I believe when the US
market take a break also, which should be pretty
soon, then we will see how far and deep we can go.
I am still optimistic and positive on the next few
months till the first half of the year. For some stocks
right now, there are many buyers who bought high
and they will be stuck for a while.
Oh yes, before I forgot again...
Some readers asked me about the banners on the
top and the side regarding the Millionaire Investor
Program. Ok, I read their books, went for some event
and workshop, I find the company and a bunch of
sincere, knowledgeable and helpful people there.
If you wish to know more about Value Investing, you
can go for the preview and find out more.
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
Remember last Friday that I stated that a downpour
is coming very soon to the stock market, it really
materialised yesterday somewhat. Many penny stocks
were being whacked with some micro-pennies suffered
the worst. There is this WE Holding dropping like
47%, wow, that is so impressive. That is why I don't
look at all these highly speculative, not-much fundamental
value counters. They are cheap for reasons that I am
not interested to know. Among the Myanmar stock play,
I only believe in the leader, which is Yoma. It also
have a good fall yesterday and I will focus and seek
to join in its next surge.
Some members shared with me their wedding dinner
stories yesterday through Skype yesterday and there
were some amazing and eye-popping occurrences.
But that will be the story for another day.
Oh ya, before I forgot. If you have emailed me with
questions or whatever you want to know, and I did
not reply to you, please accept my sincere apology.
I read all the emails received, but sometimes I did
not reply immediately and it somehow slip my mind.
And sometimes, it is the demon "Procrastination" that
I completely missed replying to emails. If this is your
case, please email me again and again with high
importance, or Skype me, as that is the fastest that
I can reply with. Keep the emails and Skype message
coming. I will help and assist to my best ability, I confess
that I won't know every single thing, and I will tell you
that I don't know if I really don't know.
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
Last Friday, I went to a wedding dinner of a
not-so-close friend and of course my wife
and I was "put" in a table of "strangers".
After a casual introduction, a couple ask me
what did I do for a living? I told them I am a
mind-reader. You know what, I can virtually
see a question mark appearing in their eye
instantly. I explained that I read Mr Market's
mind, sentiment, temper and behaviours and
seek to profit and benefit from it. Suddenly,
I can see the question mark sign turned into
money sign faster-than-instantly. After chatting
a while longer, I realised that they are gamblers
and punters, together with the rest of the guest
who joined in the conservation. This is what
some of them said, "I bought what my friend
bought", "My broker called me and said that
this and that stock is good and will chiong, so
I just buy", "The stock market is just like the
大小 table in the casino. Very easy to play lah,
only 大 and 小, win or lose only!" I have to to say
that my face become more and more uneasy as
the conservation gets further, and luckily I was
saved by the wedding couple's grand entry at
over 9 plus. Oh ya, just a side note: the wedding
invitation card already stated that the dinner
will start at 7.30pm, so be considerate and don't
act like a big shot and come like 9pm and expect all
to wait for you. I can still recalled last time I insisted
on starting the dinner on time at 7.30pm but I was
no match from the bad and somewhat incorrigible
habit of some Singaporean. If I am not wrong, I can
only march into the dinner with my wife at around
8.45pm. I guess I am fortunate in a way.
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.
