Nicolas Darvas Box Theory Trading Method

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Wednesday, March 23, 2011

No Market View Today

I wasn't feeling well this morning and the doctor
supposedly wanted to give me 2-day MC.
Too bad that in this line, a MC is useless or
insignificant to me. I will take a full rest today
and hopefully I am at least 60-70% fit and
alert tomorrow, and I can give a market view.

Tuesday, March 22, 2011

Market View 22 March 2011

It was a good bargain-hunting and bottom-fishing
session for some yesterday with the blues, mid-caps
and pennies enjoying the buying spree together.
Is the trend going to continue? Well, as long as there
is no further untoward news coming from Japan,
the market recovery will be definite.

Genting is at a cross-road now having closed at 1.91
yesterday. Surging up and it will hit resistance at the
as-usual 1.97 level. It will have good support around
the recent low 1.86. I am cautiously bullish that it will
get push-up to the resistance soon.

The commodities, water and O&M sector have always
been my favourite hunting ground and they have pay-off
quite well in all these years. I believe they will also lead
the way this time round. Don't ask me about the what stocks
are worth looking. I have mentioned their names on numerous
occasions and it is still the same old stocks for me.

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.
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 

Monday, March 21, 2011

Market View 21 March 2011

Another fresh new week of trading but the
market leading factor will still be the same
with the Japan earthquake and nuclear crisis
news taking the center-stage and the Middle-east,
mainly on Libya taking the supporting role.

In my opinion, I believe that the market will make
a quick and fast recovery to the pre-quake level
and may even surpass it within a very short time.
Japan is resilient against the natural disaster and
will recover in no time. Some reports pointed to a
V-shape recovery while other believed that it will
be a U-shape recovery for the Japan economy.
I just know that market will definitely move before
the first ray of the sun, and we should be in the
progression now.

Some readers asked about the HPH Trust which listed
last Friday afternoon. My view, how low do you think
it will go? I am already in the stock as I am writing now
if that is the answer you are looking for.
Regarding Genting which a lot of readers are very
interested, as long as the recent low 1.86 is intact,
it is good.

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.
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

Friday, March 18, 2011

Market View unavailable today

I am unable to provide a market view this morning as
I am out to settle something. A simple strategy will be to
look for the winners among the losers. They are strong
for whatever reason that I don't care but they have good
support behind the stock's movement.
Market View back next Monday.

Thursday, March 17, 2011

Market View 17 March 2011

Our market rebounded on bargain-hunting and
bottom-fishing yesterday closing up about 25 points.
But with the 3 major stock indexes in US dropping
about 2%, our market will be tested again today
with severe selling and it will be interesting to see
whether the recent low can be supported.

Look like there is nothing much to say for today's
action but to be ready for any tsunami selling.
Pay particular attention to those still in the green
despite the selling. I did spot a couple of them but
it will be to the readers advantage if they can spot
it themselves.

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.
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

Wednesday, March 16, 2011

Market View 16 March 2011

Uncertainties! Fear! End-Of-The-World! Just throw first lah!
These are the emotions and feelings that is feeding
the market right now and are causing the massive
selldown in regional and worldwide market, currency and futures.
STI was down more than 90 points before staging a late
recovery to close down 85 points or 2.8% at 2946 points.

To be frank, I am stuck with a handful of stocks bought
at higher price due to my indiscipline and reluctance to act
when the charts are clearly showing signs that the trend
is over. For the near term, I may become an unwilling
investor or I will just simply close both eyes and cut loss.

With so much uncertainties, the market is going to be
volatile and irrational amid all the possible events popping
up as the news from Japan come through. I am still
looking for great bargains in the selldown stocks which
is fundamentally sound and will benefit from the Japan
after-quake recovery. For technical point, I will be looking
for bottoming signals from the chart but that is unavailable
in many stocks right now. I don't believe in the 2012 end-of-the-world
bullshit and continue to be in the market and don't tell
me about the radiation cloud flowing to Singapore.
It is unlikely to happen, and before it happens, many countries
along the way will be strike first before reaching our shore (sky).

I am looking to pumping money into quality Blue chips, and
for other sectors like the Oil, Commodities and even the
Water treatment companies.

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.
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

Tuesday, March 15, 2011

Market View 15 March 2011

First and foremost, I received several emails yesterday
and apparently some members were unhappy about the
market saying "" Buy when there is blood in the street"
that was in yesterday's blog citing as inappropriate in
such a insensitive time. Truly, I did not coin this statement,
it had been in the market for a very long time and I am
just quoting it out to describe how I feel about the market
at this moment and nothing else. Period.

From what I can see in the market, stocks will remain
range-bound and waiting for further market signals and
good/bad news from Japan.
Genting will likely move within the 1.91-1.97 range with
a break at either side being monitored and traced closely
by the market players.

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.
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.

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