Wall Street fell in overnight traded as lingering
worries over the Cyprus and Eurozone concerns
took centre-stage or is it really the case as reported.
You see, a drop of water can cause a huge ripple
but it can also make a mountain out of a molehill.
To me, there are lots of hot-air and BS spreading
now. I still maintain my positive outlook and treat
the current market situation as a plain profit-taking
exercise and in time, we will look back and think,
"What was I thinking that time?".
Seriously, I am looking at stocks that have touch
the ground after being in the air for a few seconds.
Will the stock form a squatting position before
the jump again? I am expecting a straight rebound
this time though.
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
When I said that many stocks were in a
squatting position last Friday, many readers
asked me what will happen next? Well...
in order to jump higher and stronger, we
adopt a squatting position to propel and
assist us in our explosive next action.
This is actually what happened to a couple
of stocks right now, even the same case for
some penny stocks too. So after the jump,
what's next? Very simple, how long can you
stay in the air? If you are not Michael Jordan,
then I believe you can only "air-move" for just
a very short while. Expect to see the same case
for our stocks. I am all ready to pick up stocks
back into their squatting position again.
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
First and foremost, before I forgot to mention
again, I received several feedback from the
readers and members that this blog's backgroud
and wording colour is not "user-friendly" to the
eyes. Some commented that the eyes will feel
uncomfortable after looking at this blog for a while.
I am going to open up this issue for discussion.
Please leave a comment about your view on this
blog's design colour and whether there is a need
to change. Any comment is welcomed and it is
for the common benefits of all the blog visitors.
Thank you in advance for the in-coming comments.
QUICKLY, TELL ME YOUR VIEW.
Next, we come back to the stock market...
A few readers asked me about Rowsley yesterday
after I mentioned the stock in the blog. Ok, for the
fundamental side, you can read up about its business
and what it is going to do in the SGX announcement.
Technical wise, I expect the stock to face further
weakness and selling as I believe there is still an
overhang of many "stuckists" bought at high price.
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
Unavoidably, I received many questions and enquiry
on whether the market is going to have a deep
correction or just a normal slight profit-taking session.
Frankly, I really don't see any event that will derail
the current market sentiment and momentum right
now, all the way till 30th June. I believe that after
a short commercial break, the market is going to
get crazy once again and we will see rotational play
changing hand very regularly. By the way, some
readers asked me about the main attraction of the
penny stocks right now: Rowsley. Well, I have looked
at the chart and also its fundamental, it seems like
I am buying into its vision and future propsects.
I will update further about the stock....
Next, it seems that my "old" blog Singapore Stock Reports For You
is getting quite a good debut. From the record, there were
about 250 visits and I can't have any complain about it.
If you have any comment or suggestion, just let me 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
If you are a investor/trader with a keen eye over
what really happened to the stock market, then
you should observed and noticed some "strange
irregularities" in many stocks at Friday's closing.
Well, the banks and the property counters got
hit hard during the closing matching time.
For myself, I am more particularly interested in
what happened to the stocks in my watchlist.
For example, the palm-oil counters,
At 4.59pm, Golden Agri last traded at 60.5cts,
and at matching, it closed at 59cts with a 74 million
shares matched.
Indo Agri, about 6 million shares matched at closing
price of 1.19
Wilmar last traded at 4.59pm at 3.35 and closed
at 3.32 with 26 million shares matched.
First Resources also had about 7 million shares matched
at 1.84
Other "incredible" matched closing price include stocks
like Olam. It was last traded at 1.68 before being matched
and closed at 1.625 with a 20 million shares selling-down.
HPH Trust was last traded at 82cts before closing matched
at 83.5cts with 13 million shares.
Yanlord last traded at 79cts and closed at 80.5cts with a
2 million shares buy-up.
GLP was at 2.63 at 4.59pm and closed on a matched
price of 2.66 with 23 million shares buy-up.
The list can go on and on, but other stocks that I observed
include United Envirotech, Sound Global, Goodpack,
Geoenergy, Suntec Reits, Capitaland, Genting and even Metro.
If you ask me, I can only say that this should be the doing
of the funds doing portfolio balancing and adjustment.
Some funds financial year will close at month-end so they
maybe taking good profits from their winner stocks and
buying into bargains spotted. I won't want to read too much
into what I have shared, but you can form your own opinion.
Next, I have re-opened a blog Singapore Stock Reports For You,
and those readers who have been with me for a long time
will probably have been to the site before. It was a blog set-up
way back in 2008 and "ceased operation" around 2010.
I have re-open it with a new purpose and it is all explained
in the blog itself. I will publish those headline by the local
brokerage in the blog with target price. Hope that it will
benefit the readers and members.
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.
