Nicolas Darvas Box Theory Trading Method

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Wednesday, December 28, 2011

Market View 28 December 2011

After such a long break due to the holiday,
laziness seems to be working against any
intention of doing some trades. I have only
been mostly watching my stock list and charts
recently, and focusing on what will be the
superstar in 2012.

Some emails I received asked me whether
this last few days of 2011 will be the final
rally of the year. Ideally, there should be a
window-dressing done this few days, but it
is also possible that the book had already
been closed in some institutions. Looking at
the trading volume last few session, I don't
think we are going to witness major swing
toward the new year.

So my sincere advice is also to close the book
and look forward to a better 2012 trading.
Take a good rest and be prepared to strive in
the new year.



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, December 23, 2011

Market View 23 December 2011

It's Christmas!
A time of giving and also a time of forgiving!
Please forgive me for not writing the market
view as I was out having quality family time
since it was "冬至". I won't be around in Skype
also today as I will be out of home very soon.

Life is not all about stock market and there
are time to trade and there are time that
you should be out of it. I still have positions
in the market but as what I stated days ago,
I don't foresee a big fall anytime soon.
The market seems destined to move within
ranges until there are clearer picture from aboard.

The market view will be back next Wednesday as
I will be taking one more day off after Boxing Day.
Enjoy the holiday season and I wish all the readers
"A Happy and Joyous Christmas"! "圣诞节快乐"

(No, I don't even want to put the usual blah..blah..here today)

Wednesday, December 21, 2011

Market View 21 December 2011

Don't you just love Uncle Sam?!
It can staged a strong rally just when you
least expected, and if you want to know
the "official" explanation, then I will just
tell you. It was reported that the surge was
due to "a jump in U.S housing starts, a
successful Spanish bond auction, and
improving German data." Or is this the
start of the long-awaited year-end rally??

I will take a very short-term view with such
a rally unless it can continue and last for
some time. Our own market had seen very
weak and low volume recently and it really
need to buck up if any year-end rally is to
surface. Many people that I encountered and
chat with told me that they see a bleak future
and tell me lots of doom and gloom horror stories.
I continue to laugh it off at such negativity,
but I enjoy reading such reports and stories,
so keep them coming.

One Skype reader commented to me that I
am rather direct and frank in my blog entries.
Yes, I am quite direct with my thinking and
saying it out in the blog. I may be wrong at times
but I dare to be wrong and with that, I will gain
knowledge and experience that can only benefits
me in the proceeding days.
Do you dare to be wrong?
Oh ya, the readers want to know where the market
will be heading today. It is simple, open high close
lower as the day ends. I may be wrong.....

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, December 20, 2011

Market View 20 December 2011

Nothing much to say today but I believe
that volatile swings are imminent in
current market condition, and always
expect the unexpected.
Seriously, I believe that the reaction from the
death of strongman Kim was overly done
and the market should recover some lost
ground today. Stick to the greens among
the red flowers.

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, December 19, 2011

Market View 19 December 2011

We are just about 2 weeks from the end
of year 2011 and it seems like we are not
going to have a year-end Santa rally this
year. I actually did tell a few members my
price target for a handful of stocks months
ago, but the market turmoil is making the
stock fall short of the target. Where is the
market going in this last few trading days
of the year?


Certainly, I don't foresee a major selldown
in the coming days but wild swing is expected
and it will be a side-moving market at its best.
I am still invested in the market and will continue
to do so, as I don't see a better alternative to
park my money. Yes, I know that the gloom and
doom is spreading to the property sector and many
are waiting for the GPS (Great Property Sales) to
arrive. There are target of 10-30% downside to a
complete meltdown of the property market if you
read the articles in the paper or some analyst reports.
I prefer to open my eyes and ears to look for
real bargains in both the stock and property market.
Granted, I am always looking for good opportunity
to invest in, but I don't believe that anyone can always
pick the "best" bargain at the market bottom.

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   
 

Wednesday, December 14, 2011

No Market View until I am well again

I am down with fever and heavy flu for the
last 2 days that I never write the Market view.
I think the fever had past its peak but I am
still feeling unwell and uncomfortable so I
will be taking MC this couple of days.
I will be back with the Market View when I
am fully recover, maybe tomorrow.

Monday, December 12, 2011

Market View 12 December 2011

I got a habit of asking friends and those around
me how they feel and view the  current market
situation, and from their responses, I will know
how the market will likely behave. About 80-90%
told me that the market will go down next year,
but one very interesting thing is that, they
believe that the real economy will not be affected
and life will goes on fine. I can only say that by
what I have heard, I am even more confident that
we are not going to have a financial meltdown anytime
soon. Although it might be a bumpy and volatile
year ahead, I am still optimistic that there are still
money to be made next year.

A few members asked me whether I enter the market
everyday? Frankly, I don't and you should do the same
as me. I only enter when the time and stock price is
favourable to me. I trade on technical breakout and
also on trend reversal, while I sit tight waiting for the
signal to surface. You really need not trade everyday
to make a handsome profit. I do enjoy great quality
time with my love ones and friend when we meet-up
for meals. I am not tied down by Mr Market and I
can choose not to see him for days, if I decide to.
I only enter the stock when it hit my "best" entry price
and enjoy the momentum play-up or I simply will
cut the stock if it is going against me.

Many are curious on whether we will have a
year-end or Santa rally this year. It is going to
happen if there is one today, isn't it. What we
need is some "good" news as the fuel, and the
fire will light up. There are still time for such thing
to happen and I just believe that we will have it.
Don't mark my words for it.

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.

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