Nicolas Darvas Box Theory Trading Method

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Wednesday, August 5, 2009

Market View 5 August 2009

Ok, I will be short today as the trading day
is about to start very soon...

Uncle Sam continued to advance higher,
with the 3 major indices reversed from
early losses to close in the green.
The momentum and trend is still intact,
but one wonder for how long?
My bet is the candle is burning out soon...
We will have Cisco Systems and P&G announcing
their earnings tonight.

For our local market now...
It is quite refreshing to see a pool of reds
except for Yanlord yesterday. We need it, and
it likely we will get it for days.
I am still cautious today, and will focus on a few
stocks in particular. Swiber is once again below $1
after surging past it yesterday, I will focus on it.
Indoagri and First resources are looking to surge again.
The commodities stocks should be watched too although
they have moved up substantially.

I am adding Hi-P into my watchlist as it is the
only tech stock that I feel comfortable now.
Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri,Noble, NOL, Genting, Ascendas India Trust,Yanlord
&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid, Hi-P.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Tuesday, August 4, 2009

Market View 4 August 2009

Strong, strong Uncle Sam....
The 3 major indices all staged a wonderful
rally on Monday, with S&P 500 above 1000 points
since last November, Nasdaq above 2000 since
October, and Dow recored a triple-digit gain on
the first trading day of the month.
We have Electronic Arts, EA, and Kraft Foods
reporting their earning tonight. Most of the major
power-house had already given their earning report.

Our local market staged a late rally at about 4pm
yesterday after the US futures surged. One dealer
at Skype comment that the market is "crazy", and
staging yet another rally. Well...what can I say?
The market is immersed in a rampant optimism that
it will take a lot of negativities to derail its current
sentiment and trend. Yes, this trading euphoria will
eventually wither, and we will have a correction selldown,
but currently, the Bull is still running the show.

Many Hot stocks are still surging to the roof, and it
is spreading and rotating to those "Cold" stocks now.
I realised this occurances as I will do a scan of the
stocks everyday, and will pick up traces of stocks
with higher-than-usual volume, or moved like 20-30%
a day. We see stocks like NOL, Ezra (I specifically mentioned
yesterday), Falcon Energy , Noble, Swiber in the top volume
which was also recommended by me.
I was just discussing about NOL with a Skype friend last week,
and mentioned that it is ripe for a surge, and indeed it is.

I am still trading in this market now, but my transaction
size is definitely smaller. It is Ok for me as long as the stocks
still continue to move in my favour, as the profits will
add-up. A couple of Skype members asked me about
the currently-everyday top volume stock Golden Agri.
I gave the same answer, it is "cheap", and I prefer the
more "expensive" peer of IndoAgri and First Resources,
they move faster, are more volatile, and certainly are
better winners. And lastly, I don't follow Golden Agri (yet).

Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri,Noble, NOL, Genting, Ascendas India Trust,Yanlord
&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Monday, August 3, 2009

Market View 3 August 2009

Another fresh trading day & week of the month,
how did everyone fare at the lat month's rally?
I believe many should be sitting on succulent
profits. Well done!

Dow recorded its best month since 2002, with
corporate results picking up its pace. We have some
important statistic coming out this week, and
it should be a crunch time to see whether the
indices can continue its momentum.

Back to local front...
I received a couple of emails asking whether
the market will have a V-shape or a W-shaped
recovery, and whether we will see another huge
correction back to "reasonable" & "realistic"
level, so that they can pick up the stocks again.
It is always so interesting to receive such emails,
just get them coming in.

Frankly, I have no preferrence to a V or W-shape
recovery, just as long as it is a O-shape market.
Haha..that is the market will always be open at each
trading day. A V-shape recovery will be a fast and furious
one, which I still see many retailers out of the
market yet. They have missed the first early boat which
I have been urging readers to take multiple times.
But the market will always correct down for them to board
again, that is, if they want to. A W-shape recovery
will see the market plunge to near former low, and
rebound yet again, which I seriously don't believe
will happen, the chances are quite low.

In a bull market, there will still be casualties,
and in a bear market, there are still traders laughing
all the way to the bank. It is not really about the
market, although most people clearly prefer a bull market,
but it is about how the individual views the market.
I have been recommendating the Hot stocks for trading
and investing since last year, and many should have
benefited if they take action, or else I am just
creating cyber-rubbish. If you are still waiting
for Noble, Straits Asia, Olam & Yanlord to fall to
below $1 again, then you can continue to wait and wait.....
It will only happen if there is a major meltdown for
the financial market again, or through their own
corporate scandal, which is a tiny possibility.

I am cautious now, and will take profits once the south
wind is blowing. Some stocks were still strong last friday,
like Ezra, Raffles Educations, I will focus on them
if they are green.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri,Noble, NOL, Genting, Ascendas India Trust,Yanlord
&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Friday, July 31, 2009

Market View 31 July 2009

Last trading day in July.....

Ok, all 3 major US indices surged higher, but if look
closer at their intra-day chart, they closed near to the
day low, which is not a bright sign. We will have Chevron
& The Washington Post reporting their earnings tonight.

Our local market surged after the lunch break again yesterday,
and the Hot stocks did stage a good surge, and some readers
may have profited heavily from Straits Asia wonderful charge-up.
I have to advise that any gap-up today is a good time to
clear some contra holdings, as it is very likely we will not see a
strong closing today. I was triggered by Rotary when it came into the 80cts region,
and I wrote about it in my other blog yesterday, and it did
surged higher and closed above $1 within days. I noticed that
First Resources has also came into the region, and we have Mermaid
Meritime at 76.5cts, very near to the region. I will be watching them
closely.

I am cautious now, and will take profits once the south
wind is blowing.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri,Noble, NOL, Genting, Ascendas India Trust,Yanlord
&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy, Rotary, First Resources, Mermaid.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Thursday, July 30, 2009

Market View 30 July 2009

An interesting thing happened yesterday.
STI nearly did an amazing coincidence in its
closing of 2604 narrowly missed yesterday
4D 1st prize of 2606. Haha, if not the WanBao
and XinMing can write the article for many days.

Ok, back to the market news...
The 3 major indices in US fell on falling oil price
and US factory order figure, but to me, it is
purely profit-taking after a long winning streak.
We will have Kellogg, Sony & Walt Disney reporting
their earning today.

On our local front....
Our market did an roller-coaster ride yesterday,
and closed way above day low, although still in the red.
Most Hot stocks were off the high and were red, as what
I have expected in the blog yesterday. I can only see
2 Hot stocks, Ezra & IndoAgri in the green, and you should
know now that I like to see and will follow the greens
in a pool of reds. We are likely to see a repeat of
yesterday's showing today. Stay on the sideline to watch
the show if you want, or else look for the green shoots.
Seriously speaking, I would like the profit-taking and
selling to acclerate, but I believe the supporting hand
will be around, as history repeat itself again, in
our last consolidation. I received an interestingly shocking
phone call from an old friend in NS asking what stock to buy
currently. What else can I tell him? Are you getting the message?

I am cautious now, and will take profits once the south
wind is blowing.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,
Yanlord&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Wednesday, July 29, 2009

Market View 29 July 2009

Ok, I am 99% recovered, and thanks for all
the concerns, I can beat a cow to death and
eat it now, literally speaking....

Uncle Sam's major 3 indices closed mixed,
with Dow and S&P 500 down narrowly, and Nasdaq
increased 7.62 points. The waning consumer
confidence survey looks to causing a concern and
impacted the market in early trading, but the indices
managed to rebound from intra-low and closed to the good.
We will have ConocoPhillips, Sprint Nextel & Visa
reporting their earning figures tonight.

Our market surged pass the 2600 mark with strong
momentum on good earning expectation from the corporations
in the earning reporting season. But....it is only an
expectation, and the actual result may differs.
There are reports commenting that the recent
"better-than-expected" results are actually fake (read manipulated),
as the "expected results" are set at a very low level, so it is
quite normal to get a expected better result. A better way of saying,
is that most corporations reported a "not-as-bad-as-expected"
results. We can expect the same scenario to be play-out in
our local earning results as well.

I believe many readers should have profited from the past
2 weeks of volatile momentum trading, so it is time
to be cautious as the storm will eventually reach our shore again.
Many Hot stocks were off day-high yesterday, and I personally
don't like to see such a situation. If you are trading today,
stick to the greens, and have a trailing stop implemented.
If not, stay out and watch THE show.

Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,
Yanlord&Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Tuesday, July 28, 2009

Market View 28 July 2009

Hi all readers to my blog,
Thank you to all the concern emails that I
received yesterday as I have not posted any
Market View yesterday. I was down with fever
and flu for the last 4 days, and really don't
have that much of energy yesterday to give a
market view although my mind would really
wanted to do so. Don't worry, it is not the
H1N1 flu that I am suffering, it should be just a
common flu (according to the doctor)but only with
more potency. Touch wood. I am alive and kicking as
I write the blog now. :-)

Ok, back to the trading world....
Uncle Sam's major 3 indices close slightly higher
in Monday trading with financial stocks back in
focus which reversed early losses to close green.
There are not many major powerhouses yet to announce
their earnings, but the rest should still affect the
market figures. We have Energizer, Office Depot, Unisys,
Viacom releasing their result tonight.

Back to local shore....
STI powered-on and closed up 43 points at 2577, way above the
2500 support level, but it is not as rosy in the Hot stocks.
I saw a couple of Hot stocks in the reds, while the rest only
managed to close marginally higher. They may take a breather
today. I will not be that hastily into the market as well,
but will be cautiously looking at green opportunities.
My 4 recommedation stocks look to be earning quite a good
result for the readers, as last friday's post received a
comment from a reader making some money from Genting.
It is always an encouraging feeling reading such a comment.
Keep it coming......

Trade those still Hot (if available Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,Yanlord&
Uniasia, Raffles Edu, Swiber, Swissco.
In close watch: Epure & Falcon Energy.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

P.S.: If you Skyped me, and my response is slow,
I may have fallen asleep infront of the monitor.
It is only a likely scenario.... Haha....

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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