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Thursday, October 10, 2013

Market View 10 October 2013

Ok, I received several worried and concerned
emails and Skype message from the readers
after I posted about the Three Peaks and a  Domed House and compared itrto the Dow Jones' chart.
It is not a 100% definite thing that it will happened as
I expected, but I am sounding the alert and caution to the
readers so that you are prepared and know exactly what
and how to react if it really materialised. Do take note that
it is still my own personal view against the other's.
It may or may not happen. Period. 
I believe I am the first or among the first to caution the readers
of such possible occurrence and of course, the readers also
need to act if they believe my view. Correct me if i am wrong. 

Next, I wish to highlight the recent selling of the micro 
penny stocks is already an eminent sign that the market
is going to take a breather and may even rest for quite some
time. As you see, on a normal circumstances and market
behaviour, the penny stocks will be the last to move, after the
players have push up the blue chip and the mid-cap. They 
will then "divert" their attention and financial power to the 
low-price penny stocks and push them to a new height.
That is exactly what we have witnessed for the last couple
of months of trading. It is that obvious that you just need to
see the Top Volume, and you can see "stranger" penny stocks
popping up and being played day-in-day-out. That is until the
bubble got burst. Take note that, the pennies will the LAST 
to get play up, but (un)fortunately, the FIRST to get sell down.
We are looking at the exact "history" scenario repeating
itself again. I am looking very closely at the mid-cap and
the blues at this moment for any cracks and weakness to
surface. It is looking like the perfect storm is coming with
the US market leading the pack, but we can't predict and 
forecast Mother Nature's action, so we can only monitor the
situation now. For the penny stocks, many are merely doing
a rebound at this moment. Just look at their recent low, as
once the stock breech it, all hell will break lose again.

Oh ya, if you wish to open a or another brokerage account 
  with Phillip Securities, then you can email or skype me with
 your detail, and I will  link you up.
  Brokerage Account Opening
 
  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 
  

Wednesday, October 9, 2013

Market View 9 October 2013

Yesterday night, as usual, I was going through
the stock chart of my watchlist stocks and the
indices. While looking at the Dow Jone index
chart, I suddenly had a thrill that went up my
spine and all the way to my head. It seems that
the chart is trying to tell me something. Then
I realised that I have seen the exact chart somewhere
in a book or an article that I read. I went to 
search for the book or article in my personal 
cabinet. I knew that I definitely did see the exact
chart in a book and after going through many 
stock trading and investing books, I found it.

The reader should now look at the Dow Jones 
chart and compare it with Three Peaks and a 
Domed House. Try Google it and you will see
an eerie resemblance of the Dow Jones chart
and the formation. It seems that the Dow is now
forming the Three Peak and it will have a nasty
fall when it fall through the support of 14764 and
14551. Incidentally, Dow was down 160 points and
closed at 14776, a mere 200 points from being
fallen down the the peak. If the readers are interested
to read more on Three Peak and a Domed House,
you can borrow the book, George Lindsay and the 
Art of Technical Analysis by Ed Carlson from the
library. It was published in 2012 and I bought and
read it twice, but somehow the formation slipped
my mind until I suddenly recall the amazing and 
shocking resemblance to the Dow Jones chart.
I am not saying 100% that it will happen but it 
is better to be prepared for it rather than be panicking
when it really happened. If the US were to tumble,
it will have a ripple effect on our market as well.
For now, it is all contra trading for me and  I will
also keep a close watch on the US indices too.

I am sure that I am the first person in Singapore to
warn the readers of my blog of such an formation
that may happen to the US market. I hope that the
readers can be well prepared for any onslaught that
may finally arrive. Correct me if I am wrong.


Oh ya, if you wish to open a or another brokerage account 
  with Phillip Securities, then you can email or skype me with
 your detail, and I will  link you up.
  Brokerage Account Opening
 
  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 
 

Tuesday, October 8, 2013

Market View 8 October 2013

What a great horror movie on show yesterday!
It was quite a "bloody" show in our market
as many micro and penny stocks suffered badly
in a bloodshed selling. The LAB, Liongold, Asiasons
and Blumont had not much BALance left as 
they shed off a whole lot of their stock price.
Seriously, they are not that attractive yet but they
are certainly attracting my attention and focus 
to park some money in them. You see, they have
the fundamental but their recent price surge had
surpass their expectation and fundamental.
Now that they are back to the earth, they are 
becoming decently priced now. I will monitor their
price and situation and decide on when to pump
in some money. 

For the other slaughtered penny stocks, some
of them had also fallen to a more "justified" price.
But do not show hand at one shot, but to buy 
bit by bit along the way. I don't know whether the
readers notice, but the mid-cap are holding on very
well in the recent selling.

Oh ya, if you wish to open a or another brokerage account  with Phillip Securities, then you can email or skype me with 
 your detail, and I will  link you up.
  Brokerage Account Opening

 
  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 
 

 


Monday, October 7, 2013

Market View 7 October 2013

There was a huge fire at the LAB (Liongold, Asiasons
& Blumont) and it affected many other micro penny
stocks as a whole. We can see that Innopac -53%,
Ipco - 13%, Albedo -19%, Metech -19%, just to name
a couple of the causalities. It is like Halloween come
early this month and you know what, I enjoy watching
such a horror movie on show. This is precisely why
I am not that interested in trading the micro penny
stock in the first place. If you are not careful enough,
just one wrong trade can wipe out the accumulated
profits that you have from previous trades. What is
the use of winning 9 trades only to be completed 
returned to Mr Market in just one trade. Some of 
the readers I know like to trade all these Top Volume
micro penny stocks. I just hope that they are fast
enough to avoid such a massive killing last Friday.

Can we expect a part 2 of the horror movie today?
Yes, I believe that the selling is not done with the
micro pennies and they will be in the limelight again
for the wrong reason. With the LAB open again today,
I will just watch the show from the sideline.
Don't worry, you will have plenty of battered bodies
to pick on when the selling is on-going.

Oh ya, if you wish to open a or another brokerage account  with Phillip Securities, then you can email or skype me with 
 your detail, and I will  link you up.
  Brokerage Account Opening

 
  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 
 

 

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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