Look like we started the first trading day
in November with a "bang" and most stocks
were hammered down yesterday due to the
news that Greek is calling for a confidence
vote and a referendum to the last week's deal.
What a "great" unforeseen move by the Greek
government?!
It is going to be another bloodbath today looking
at overnight closing figure from Europe and US.
But if the scale of selling gets too much to my
"liking" then I will also start putting some money
into the market again. Seriously, if you are not
comfortable about the market now, just don't
make any transaction for the time being. But if
you know what you are doing and what are the
risks involved at this juncture, then this maybe
a wonderful time to put in the net.
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Wednesday, November 2, 2011
Tuesday, November 1, 2011
Market View 1 November 2011
The first trading day of November and
it is likely another weaker day but I expect
to see a good month ahead. To me, a
pullback now is a very good opportunity to
pick up some bargain in anticipation of a
year-end rally which I strongly believe will come.
You can choose to ignore and disbelieve what I
say, and only time and Mr Market can prove
me wrong in the days ahead.
I mentioned that I believe that stocks should
pullback 5-8% from the recent high and it
is looking very likely the case. Some skype
members asked whether they can contra the
counters when it is within range. Usually, I don't
really trade the stocks in the red unless I see
that a rebound is coming. I will pump money
into the stock and not contra or intra trade them.
But if you are really game for it, you can put in
a small position and have a cut-loss level in-place.
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
it is likely another weaker day but I expect
to see a good month ahead. To me, a
pullback now is a very good opportunity to
pick up some bargain in anticipation of a
year-end rally which I strongly believe will come.
You can choose to ignore and disbelieve what I
say, and only time and Mr Market can prove
me wrong in the days ahead.
I mentioned that I believe that stocks should
pullback 5-8% from the recent high and it
is looking very likely the case. Some skype
members asked whether they can contra the
counters when it is within range. Usually, I don't
really trade the stocks in the red unless I see
that a rebound is coming. I will pump money
into the stock and not contra or intra trade them.
But if you are really game for it, you can put in
a small position and have a cut-loss level in-place.
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
Monday, October 31, 2011
Market View 31 October 2011
We are in the last trading day of October and
what a roller-coaster ride it had been. Regardless
of what optimism, emotional and sentiment
driven events that had been driven up the market
lately, the party got to end somehow. And today,
it seems like will be the day.
I have told a few skype members last week and
I will put it in writing on the blog today. Given
the positive Europe debt crisis outlook, I believe
that a profit-taking pullback of 5-8% on the stocks
and index is pretty justified and it should start
today. When I say a pullback, it means a 5-8%
drop from the recent high which you can gathered
from the charts.
We have the leaders of G-20 meeting on Thursday to
discuss further about the debt deal and it will be an
all-eye main event this week. Then we will have the
October job data from the US this Friday. It is going to
be a very volatile and expectation-driven trading week
and a cautious mood will be just the stance to take.
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
what a roller-coaster ride it had been. Regardless
of what optimism, emotional and sentiment
driven events that had been driven up the market
lately, the party got to end somehow. And today,
it seems like will be the day.
I have told a few skype members last week and
I will put it in writing on the blog today. Given
the positive Europe debt crisis outlook, I believe
that a profit-taking pullback of 5-8% on the stocks
and index is pretty justified and it should start
today. When I say a pullback, it means a 5-8%
drop from the recent high which you can gathered
from the charts.
We have the leaders of G-20 meeting on Thursday to
discuss further about the debt deal and it will be an
all-eye main event this week. Then we will have the
October job data from the US this Friday. It is going to
be a very volatile and expectation-driven trading week
and a cautious mood will be just the stance to take.
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
Friday, October 28, 2011
Market View 28 October 2011
Ok, if you read any newspaper today, you will
see that the "reason" to the huge surge in
market was due to a deal (plan) to recuse
the Europe debt crisis. But is the crisis really
over or will the bottomless pit prove too much of
a challenge, only time will tell. For the meanwhile,
just enjoy the surge but don't be too happy and
ignore the fundamentals. Looking at the "haircut"
happening in Europe, I think I also need to get
a real haircut too.
A few skype readers asked me why is it that
certain stocks can surge so much while the
others only inch up a bit. I have to say that
"All Stocks are Equal but some are more Equal
than Other", a modification from the famous quote
by George Orwell in the book, Animal Farm.
The fundamental of stocks don't change overnight
but it is the sentiment and emotion change that
propel the stocks up and down. And take note that
not all stocks will have the necessary fuel (volume)
to push them higher.
I gave out a list of stocks that I normally traded
exactly in last Thursday's blog entry and you will
notice that there are Big winners yesterday.
Stocks like Olam, up 21cts or 9.5% in a day, YZJ
up 7.5cts or 8%, Biosensors up 12cts or 9%, GLP
up 11.5cts or 7%, Noble up 14cts or 9.5% and many
others that you can check out yourself. I have to say
that if you really want to make good money from
stocks, you need to be in those with good "support"
from the market players. They will be the first to move
with huge trading ranges but they are equally "strong"
on the downside.
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
see that the "reason" to the huge surge in
market was due to a deal (plan) to recuse
the Europe debt crisis. But is the crisis really
over or will the bottomless pit prove too much of
a challenge, only time will tell. For the meanwhile,
just enjoy the surge but don't be too happy and
ignore the fundamentals. Looking at the "haircut"
happening in Europe, I think I also need to get
a real haircut too.
A few skype readers asked me why is it that
certain stocks can surge so much while the
others only inch up a bit. I have to say that
"All Stocks are Equal but some are more Equal
than Other", a modification from the famous quote
by George Orwell in the book, Animal Farm.
The fundamental of stocks don't change overnight
but it is the sentiment and emotion change that
propel the stocks up and down. And take note that
not all stocks will have the necessary fuel (volume)
to push them higher.
I gave out a list of stocks that I normally traded
exactly in last Thursday's blog entry and you will
notice that there are Big winners yesterday.
Stocks like Olam, up 21cts or 9.5% in a day, YZJ
up 7.5cts or 8%, Biosensors up 12cts or 9%, GLP
up 11.5cts or 7%, Noble up 14cts or 9.5% and many
others that you can check out yourself. I have to say
that if you really want to make good money from
stocks, you need to be in those with good "support"
from the market players. They will be the first to move
with huge trading ranges but they are equally "strong"
on the downside.
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
Thursday, October 27, 2011
Market View 27 October 2011
Don't you just hate it when the meat destined
to be coming into your mouth suddenly dropped
onto the floor?!!? When I saw that Dow was down
over 200 points on Tuesday night, I was so happy
that I will have another chance to pick up some
bargain and was hoping for another bloody session
on Wednesday. But to my disappointment, Dow went
up 162 points, although it is still net negative of about
40 points, our retailers and market players will choose
to be "forgetful" and just favour in the yesterday closing.
Our market will open high today but I really hope that
I will get my wish and the stocks will pullback and I can
take my time with the pickings.Will just keep it short
for today.
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
to be coming into your mouth suddenly dropped
onto the floor?!!? When I saw that Dow was down
over 200 points on Tuesday night, I was so happy
that I will have another chance to pick up some
bargain and was hoping for another bloody session
on Wednesday. But to my disappointment, Dow went
up 162 points, although it is still net negative of about
40 points, our retailers and market players will choose
to be "forgetful" and just favour in the yesterday closing.
Our market will open high today but I really hope that
I will get my wish and the stocks will pullback and I can
take my time with the pickings.Will just keep it short
for today.
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
Tuesday, October 25, 2011
Market View 25 October 2011
Most stock closed green yesterday but did
you notice that many of them also closed
at or near to the day-low rather than the
day-high? The trading volume were also
quite subdued in a way. Wall Street were up
again in overnight trade but I don't think it
will bring a great deal of strength and cheers
to the market. I believe it will be the same
case today as what happened, opened high
but ended weaker.
I received an email from a reader with questions
on STX OSV. It was sent together with a chart
but I will just publish the question in the blog
without the sender's name.
you notice that many of them also closed
at or near to the day-low rather than the
day-high? The trading volume were also
quite subdued in a way. Wall Street were up
again in overnight trade but I don't think it
will bring a great deal of strength and cheers
to the market. I believe it will be the same
case today as what happened, opened high
but ended weaker.
I received an email from a reader with questions
on STX OSV. It was sent together with a chart
but I will just publish the question in the blog
without the sender's name.
"Hi Mr stocklobang
I would need your advise on stx osv, notice that the
previous pullback after it filled the gap of 0.8 it have a
strong rebound, do you think this time the pullback will
fill the gap of 0.93 to 0.905 and it will be a good opportunity
to buy at 0.905?
Thanks a lot for your advise"
If you have been reading my blog lately, you will have
known that I expect a 10-15% pullback on stocks including
STX OSV from their recent high. STX OSV hit a high of
1.195 and retraced indeed 15% to a low of 1.02 and rebounded.
Never mind about all the "news" that came out but the
stock's fall did stop at the 15% mark.
For the current situation, I definitely don't expect it to break
the 1.02 critical mark again. But if it really breached the mark
again, then it should be heading toward the next meaningful
support at 91cts. To put it very bluntly, it just cannot fall below
the 1.02 mark, if not it will triggered another down-slide.
I know of readers who bought the stock at or near the 1.02
low last Friday, and some will be treating their trade as
contra-trading while others will be putting money into the stock
as a mid-term investment. I believe it should consolidate around
the current price and will be moving up again but be cautious
of the stock erratic movement.
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
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
Monday, October 24, 2011
Market View 24 October 2011
Wall Street rallied last Friday as the market was
anticipating that Europe will come up with a
comprehensive plan to deal with its debt problems.
Strong healthy corporate results also added
strength to the surge, with Dow up more than 2%.
It has been this case for the last couple of months
with sudden spikes coming in a few days of
inactivity then followed by a equally strong pullback
only some days later. I can only say to be very
cautious of such a spikes. Our local market will
also open up this morning but I don't expect a
equally closing figure.
The main attraction in last Friday trading is definitely
none-other-than the STX OSV. It plunged hard to
close at 1.02 with a high volume as well. I am not
going to repeat what the newspaper have already
reported, anyway, that is their side of the story.
Before the sudden plunge, I have already stated that
the stock is going to have a retracement very soon
and it is likely between the scale of 10-15%.
True to what I mentioned, it have pullback exactly
15% from the high of 1.195 to close at 1.02
Regardless of whatsoever reason, it will still open
higher in accordingly to the rest of the market and
the critical recent low of 1.02 must be seriously
watched. I know of readers who bought the stock
at about 1.02-04 region as an investment and not
to intra or contra trading the stock. The fundamental
of the stock did not change at all and I believe it
will be constantly valued by the market players
again and 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
anticipating that Europe will come up with a
comprehensive plan to deal with its debt problems.
Strong healthy corporate results also added
strength to the surge, with Dow up more than 2%.
It has been this case for the last couple of months
with sudden spikes coming in a few days of
inactivity then followed by a equally strong pullback
only some days later. I can only say to be very
cautious of such a spikes. Our local market will
also open up this morning but I don't expect a
equally closing figure.
The main attraction in last Friday trading is definitely
none-other-than the STX OSV. It plunged hard to
close at 1.02 with a high volume as well. I am not
going to repeat what the newspaper have already
reported, anyway, that is their side of the story.
Before the sudden plunge, I have already stated that
the stock is going to have a retracement very soon
and it is likely between the scale of 10-15%.
True to what I mentioned, it have pullback exactly
15% from the high of 1.195 to close at 1.02
Regardless of whatsoever reason, it will still open
higher in accordingly to the rest of the market and
the critical recent low of 1.02 must be seriously
watched. I know of readers who bought the stock
at about 1.02-04 region as an investment and not
to intra or contra trading the stock. The fundamental
of the stock did not change at all and I believe it
will be constantly valued by the market players
again and 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
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