Red is the obvious colour after yesterday US market close,
all 3 major indices fell more than 1%. Dow slided down 116
points, S&P 500 fell 42 points while Nasdaq lost 42 points
or 1.9%. Bad result from some corporation result and
global recovery worries once again is the trigger for the
decline. It pays to be on the cautious side at this moment.
Some skype members asked me what is my stand on the
current market situation, and whether I am still cautious
after STI posted a 51 points gain at yesterday's closing bell.
My stand is this: We maybe at a minor turning point now,
the thing is, in which direction. I want to see volume, volatility
and momentum back into our market in not just one day,
but a few days of market action. I don't just see one day's
market transactions and actions and decide that the market
is "officially" on a run again or will turn lower from now on.
I am still cautious optimistic about the market, and believe that
we are just having a much-needed break, and should resume the
upside path once again afterward. Because I am cautious, I will
not just push the blog readers or skype members into action,
but get them to watch the show from the sideline.
Do you know that you can learn a lot of things just watching the
daily market action unfold?
But you will "learn" even more things when you are in the action
yourself if you are not careful and trained.
If you want to trade today, stick to the greens, or else just go
for the CNY shopping. I don't think you will miss much today.
Don't worry, we will see more actions next week.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT,
PEC, Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, January 29, 2010
Thursday, January 28, 2010
Market View 28 January 2010
US market is back in the green in overnight trading
after shaking off early losses and rebound to close
near day-high. The decision that the Fed kept interest
rate unchanged for an extended periood appears to
be welcomed by the market. Dow up 42 points, S&P 500
gained 5 points and Nasdaq added 18 with Apple running
up more than 1% after the revealing of the newest gadget,
Ipad. At 10am Singapore time, President Obama will
deliver his first State of the Union address, and it will be
closely watch by the market. We will see heavy-weights
like 3Com, Amazon, Microsoft and Ford Motor announcing
their result tonight.
Few day ago when the market was in a pool of red with both
the pennies and the blue chips plunging, one skype member
asked me about the the next support for STI. I answered it should
be 2700 next, which she answered that it was still so far away.
I commented that it is never that "far" when we are talking about
the financial market when the sentiment and momentum is gaining.
True to what I told her, the STI stands at 2706 at yesterday's closing,
only a mere 6 points shy of breaking the important psychological
support level.
Will we break it? I think we may have a test below that level,
but may rebound just as swift above it again. That is my personal view.
I don't think the market will be beaten down heavily again,
but I will still remain cautious in my trading from the time being.
Stick to the winner stocks, and trade lightly.
I maintain the view that we will have plentiful of great trading
and profit-making opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT,
PEC, Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
Before I forget once again, I am running a poll on whether
the blog readers will be interested to know how to make money
from buying and trading IPOs, since it is likely we will have
IPOs buffet this year aka lots of money-making opportunities.
Vote in the poll if you are interested.
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
after shaking off early losses and rebound to close
near day-high. The decision that the Fed kept interest
rate unchanged for an extended periood appears to
be welcomed by the market. Dow up 42 points, S&P 500
gained 5 points and Nasdaq added 18 with Apple running
up more than 1% after the revealing of the newest gadget,
Ipad. At 10am Singapore time, President Obama will
deliver his first State of the Union address, and it will be
closely watch by the market. We will see heavy-weights
like 3Com, Amazon, Microsoft and Ford Motor announcing
their result tonight.
Few day ago when the market was in a pool of red with both
the pennies and the blue chips plunging, one skype member
asked me about the the next support for STI. I answered it should
be 2700 next, which she answered that it was still so far away.
I commented that it is never that "far" when we are talking about
the financial market when the sentiment and momentum is gaining.
True to what I told her, the STI stands at 2706 at yesterday's closing,
only a mere 6 points shy of breaking the important psychological
support level.
Will we break it? I think we may have a test below that level,
but may rebound just as swift above it again. That is my personal view.
I don't think the market will be beaten down heavily again,
but I will still remain cautious in my trading from the time being.
Stick to the winner stocks, and trade lightly.
I maintain the view that we will have plentiful of great trading
and profit-making opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT,
PEC, Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
Before I forget once again, I am running a poll on whether
the blog readers will be interested to know how to make money
from buying and trading IPOs, since it is likely we will have
IPOs buffet this year aka lots of money-making opportunities.
Vote in the poll if you are interested.
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, January 27, 2010
Market View 27 January 2010
Although we have a better-than-expected consumer
confidence report and impressive corporate results,
all 3 major US indices still ended the day in negative
territory. Dow reversed from positive territory to end
the day down 3 points, S&P 500 was down 5 points, and
Nasdaq gave up 7 points. The news that China ordered
banks to halt January lending brings cautions to the market
in a lightly-trade volume. We will see companies like Abbot,
Caterpilla and Qualcomm reporting today.
Ok, this was what I wrote on the blog yesterday:
"But take note that today is NOT a day to Show-hand.
Watch for the greens and follow them lightly. You will have
plentiful of opportunities in the coming days."
Look like I am proven right again, and the market reacted
very strongly to the China banks' measure, and it was a
rarely seen major sell-down of the year 2010. Luckily, not many
stocks were in green before the tidual wave sweep in, and
the selling begins. You will not lose much if you stick to your
cut-loss level or trailing stops.
I did tell some skype members that if they are able to
hold a good stock for the mid-term, yesterday was a good
buying opportunity as stock price tumbles. Some members
did so, and I believe they are already in paper profits already.
You see, you can't catch the lowest point of a stock and you
definitely won't know where is the bottom. I would rather
pick-up along the way than to miss the whole big chunk of
profit zone entirely.
If you are looking for trading opportunities today, simply
stick with the stronger green stocks. Once again, I was asked
whether Epure will reach $1 eventually by some members.
I am no God, but just a trader that follows Mr Market's script
to make $$ from the sentiment, momentum and volatility
of the stocks and market. Epure MAY reach $1 when the
momentum and sentiment is in play again. Period.
I will be cautiously optimistic and trade light today on the
winner stocks that are green. Take note that today is NOT a day
to Show-hand again. Don't worry. If the wave changes, you will have
plentiful of opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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
confidence report and impressive corporate results,
all 3 major US indices still ended the day in negative
territory. Dow reversed from positive territory to end
the day down 3 points, S&P 500 was down 5 points, and
Nasdaq gave up 7 points. The news that China ordered
banks to halt January lending brings cautions to the market
in a lightly-trade volume. We will see companies like Abbot,
Caterpilla and Qualcomm reporting today.
Ok, this was what I wrote on the blog yesterday:
"But take note that today is NOT a day to Show-hand.
Watch for the greens and follow them lightly. You will have
plentiful of opportunities in the coming days."
Look like I am proven right again, and the market reacted
very strongly to the China banks' measure, and it was a
rarely seen major sell-down of the year 2010. Luckily, not many
stocks were in green before the tidual wave sweep in, and
the selling begins. You will not lose much if you stick to your
cut-loss level or trailing stops.
I did tell some skype members that if they are able to
hold a good stock for the mid-term, yesterday was a good
buying opportunity as stock price tumbles. Some members
did so, and I believe they are already in paper profits already.
You see, you can't catch the lowest point of a stock and you
definitely won't know where is the bottom. I would rather
pick-up along the way than to miss the whole big chunk of
profit zone entirely.
If you are looking for trading opportunities today, simply
stick with the stronger green stocks. Once again, I was asked
whether Epure will reach $1 eventually by some members.
I am no God, but just a trader that follows Mr Market's script
to make $$ from the sentiment, momentum and volatility
of the stocks and market. Epure MAY reach $1 when the
momentum and sentiment is in play again. Period.
I will be cautiously optimistic and trade light today on the
winner stocks that are green. Take note that today is NOT a day
to Show-hand again. Don't worry. If the wave changes, you will have
plentiful of opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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, January 26, 2010
Market View 26 January 2010
We have the US market snapping a 3-day losing streak to
close once again in the green again buoyed by the techs
and commodities stocks. Dow up a little but nice 23.88
points, S&P 500 added 5 points while Nasdaq gained 5.5 points.
Apple announced a staggering result in after-hour, and it
should lend support to another good run tonight hopefully.
We will have stocks like Dupont, Corning, Yahoo announcing
result tonight.
Ok, now back to SG.
I will be brieft today and go straight to the point.
Yes, to answer some readers and skype members, I still
believe that Epure will go above $1 when the sentiment is
favourable, and the momentum pick-up again. It may not
suceed but I will just trade on how the chart goes.
And yes, it should give support to the remaining water treatment
stocks, and I have mentioned Sinomem and Asia Enviro
in last few days' blog.
It is worth looking at the techs today as well, in particular
Broadway and Sinotel. I will also look for any movement
and activties in the O&M sector as they are always the sector
to move when the trading play begins.
But take note that today is NOT a day to Show-hand.
Watch for the greens and follow them lightly. You will have
plentiful of opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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
close once again in the green again buoyed by the techs
and commodities stocks. Dow up a little but nice 23.88
points, S&P 500 added 5 points while Nasdaq gained 5.5 points.
Apple announced a staggering result in after-hour, and it
should lend support to another good run tonight hopefully.
We will have stocks like Dupont, Corning, Yahoo announcing
result tonight.
Ok, now back to SG.
I will be brieft today and go straight to the point.
Yes, to answer some readers and skype members, I still
believe that Epure will go above $1 when the sentiment is
favourable, and the momentum pick-up again. It may not
suceed but I will just trade on how the chart goes.
And yes, it should give support to the remaining water treatment
stocks, and I have mentioned Sinomem and Asia Enviro
in last few days' blog.
It is worth looking at the techs today as well, in particular
Broadway and Sinotel. I will also look for any movement
and activties in the O&M sector as they are always the sector
to move when the trading play begins.
But take note that today is NOT a day to Show-hand.
Watch for the greens and follow them lightly. You will have
plentiful of opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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, January 25, 2010
Market View 25 January 2010
A simple recap: "U.S. stocks capped their worst three-day slide
in 10 months, with all indexes down more than 3 percent on the
week on fears the bank plan would cut profits, and uncertainty
about the Senate's confirmation of Ben Bernanke for another
term as the Federal Reserve chairman."
What is my take on the sell-off last week?
I take that to be a market correction due to some fiscal
policy changes, and not really a great fundamental shift.
This correction will not be that long-life, and should eventually
weaken once the concerns over the policy changes have been
addressed and deal with.
Ok, I will talk about Singapore stock market more...
Last friday, the market expect a sell-off and yes, we got one
at the early trading day with bloods seen everywhere.
I mentioned in last friday's blog that I am looking for green
leaves in a pool of red flowers, as they are the "stronger"
and will become the superstar of the day and even weeks.
You know what...I got the superstar in my winner stocks list.
They recovered from the day-low and close in the green,
and also reward the traders with good profits if they took
calculated risk. We saw Asia Enviro up 0.5 cts, Broadway added
5cts, CWT gained 0.5cts, Epure surged 3cts, Midas up 1cts,
Sinomem edged-up 1.5cts and Swiber added 2cts.
These are the strong stocks that close up strongly and I will
be watching them very closely today and this week for a repeat
of last friday's performance.
Most stocks will inevitably open weaker and in the red today,
but I don't believe we will see them closing in day-low or
even near to it. Strong stocks will emerge from the weaklings
and surge a powerful move to close in the green and at the
day-high. If you have the holding power, this is a great opportunity
to pick-up bargains in a pool of milky and chalky water for
succulent juicy fishes. Once the water is clear, you will have to
fight very hard for even a tiny fish. ;-)
My stock-watch this week will be the same as last friday for
the time being, and will be review (added or reduced) as the
trading days and week revealed.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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
in 10 months, with all indexes down more than 3 percent on the
week on fears the bank plan would cut profits, and uncertainty
about the Senate's confirmation of Ben Bernanke for another
term as the Federal Reserve chairman."
What is my take on the sell-off last week?
I take that to be a market correction due to some fiscal
policy changes, and not really a great fundamental shift.
This correction will not be that long-life, and should eventually
weaken once the concerns over the policy changes have been
addressed and deal with.
Ok, I will talk about Singapore stock market more...
Last friday, the market expect a sell-off and yes, we got one
at the early trading day with bloods seen everywhere.
I mentioned in last friday's blog that I am looking for green
leaves in a pool of red flowers, as they are the "stronger"
and will become the superstar of the day and even weeks.
You know what...I got the superstar in my winner stocks list.
They recovered from the day-low and close in the green,
and also reward the traders with good profits if they took
calculated risk. We saw Asia Enviro up 0.5 cts, Broadway added
5cts, CWT gained 0.5cts, Epure surged 3cts, Midas up 1cts,
Sinomem edged-up 1.5cts and Swiber added 2cts.
These are the strong stocks that close up strongly and I will
be watching them very closely today and this week for a repeat
of last friday's performance.
Most stocks will inevitably open weaker and in the red today,
but I don't believe we will see them closing in day-low or
even near to it. Strong stocks will emerge from the weaklings
and surge a powerful move to close in the green and at the
day-high. If you have the holding power, this is a great opportunity
to pick-up bargains in a pool of milky and chalky water for
succulent juicy fishes. Once the water is clear, you will have to
fight very hard for even a tiny fish. ;-)
My stock-watch this week will be the same as last friday for
the time being, and will be review (added or reduced) as the
trading days and week revealed.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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, January 22, 2010
Market View 22 January 2010
Another triple digit loss from Dow, the worse of the year,
after U.S. President Barack Obama proposed tough restrictions
on banks that would squeeze profits. Dow fell 2% or 213 points,
while S&P 500 dropped 21 points and Nasdaq lost 26 points.
Obama said banks should no longer be allowed to own, sponsor
or invest in hedge funds for proprietary profit.
Proprietary trading -- when a firm uses its own money to make bets on markets
-- has been an engine of earnings for some major banks.
The proposals must receive congressional approval.
(I don't think this proposal will go through, in my own opinion,
and it will take a mid-long term for it to go through to the
congress. Do you think the bank giant will take it and don't have
a plan A to counteract the policy??)
On the corporate side, Goldman delivered a wonderful financial
result but still fell by the news. Google posted a better-than-expected
result in after-hour, so let see what the market has for us tonight.
We have General Electric (GE), McDonald and Kimberly-Clark
announcing result tonight.
It was a pool of red in yesterday's trading, and yes, I do have
to cut losses, and I picked up some "bargains" along the way,
which may go even cheaper today.
Is this new-year rally over?
It maybe over, for a short while. We have a wonderful and rewarding
big rally recently, and it is just doing a normal break, but with all the
"helps" from the China and US fundamental policies. I don't think
that we should be panicking by any means. Th market is simply digesting
what and where we have gone so far and looking for yet another reason
why it should further pursue its uptrend, and rest assure, there will be
another coming.
Stock will definitely open on a weak note, but I will look for stocks
that is on a "bargain sales" and grab some on a low. Today we
will see the debut of Tiger Airways which some may comment that
it is a "bad" day for it to be trading on a "red-letter" day. I will
see how it opens and decide whether it is worth an IPO punt.
If you a see a leaf among the red flower, then take note of it.
It may become red due to the surrounding influence, or it maybe the
superstar of the day, and surprise everyone with a good surge.
I am always on a hunt for such stock, and today's strategy will still
be the same. Look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to pick up
and grab bargains when they are sold-down hard.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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
after U.S. President Barack Obama proposed tough restrictions
on banks that would squeeze profits. Dow fell 2% or 213 points,
while S&P 500 dropped 21 points and Nasdaq lost 26 points.
Obama said banks should no longer be allowed to own, sponsor
or invest in hedge funds for proprietary profit.
Proprietary trading -- when a firm uses its own money to make bets on markets
-- has been an engine of earnings for some major banks.
The proposals must receive congressional approval.
(I don't think this proposal will go through, in my own opinion,
and it will take a mid-long term for it to go through to the
congress. Do you think the bank giant will take it and don't have
a plan A to counteract the policy??)
On the corporate side, Goldman delivered a wonderful financial
result but still fell by the news. Google posted a better-than-expected
result in after-hour, so let see what the market has for us tonight.
We have General Electric (GE), McDonald and Kimberly-Clark
announcing result tonight.
It was a pool of red in yesterday's trading, and yes, I do have
to cut losses, and I picked up some "bargains" along the way,
which may go even cheaper today.
Is this new-year rally over?
It maybe over, for a short while. We have a wonderful and rewarding
big rally recently, and it is just doing a normal break, but with all the
"helps" from the China and US fundamental policies. I don't think
that we should be panicking by any means. Th market is simply digesting
what and where we have gone so far and looking for yet another reason
why it should further pursue its uptrend, and rest assure, there will be
another coming.
Stock will definitely open on a weak note, but I will look for stocks
that is on a "bargain sales" and grab some on a low. Today we
will see the debut of Tiger Airways which some may comment that
it is a "bad" day for it to be trading on a "red-letter" day. I will
see how it opens and decide whether it is worth an IPO punt.
If you a see a leaf among the red flower, then take note of it.
It may become red due to the surrounding influence, or it maybe the
superstar of the day, and surprise everyone with a good surge.
I am always on a hunt for such stock, and today's strategy will still
be the same. Look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to pick up
and grab bargains when they are sold-down hard.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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, January 21, 2010
Market View 21 January 2010
The three key indices in US fell in overnight trade
with Dow registered its worse day of the year down
122 points, S&P fell 12 points and Nasdaq was down
by 29 points. A few events triggered off the selling, with
major concern over China moves to limit banking lending
being the main culprit, but the financial result from IBM,
BOA, Morgan Stanley lending some "support" to the sell-off.
So what will the China's move impact the recovery concerns?
My view is that we will just have a knee-jerk to the measure
and it will likely not have a bad impact on global growth.
We shall wait and see later when the Hong Kong and Shanghai
market opens.
Ok, back to our market.
Yesterday morning saw the incredible surge by Epure, and I am
glad that a few of members did catch it, and the profits should
be reasonably succulent. A few members said that the move is
"fast and furious", and they will out of sight for a few minutes,
and the price is up about 5-6 bids, so they have "miss the boat".
Some members choose to buy Sinomem which I mentioned in
yesterday blog, and should be also rewarded by profits if they
have a trailing stop implemented, as the scene changes after
the sudden move by China on the bank lending.
After the lunch break, some members asked me for laggard
stocks that are worth a look-up and a potential winner stock
as well. I gave them a stock Asia Enviro which is in my
"Potential mad-horse stocks that can spur into life" list given
out at the beginning of the year.
If you ask me whether Epure will continue to surge to or
even pass $1, I think the chances are quite high, and the water
treatment stocks, like Sinomem and Asia Enviro should follow
the leader to surge. Watch for them.
Our market should open with cautiously weakness, but I believe
that the supporting hand will jump in when there are bargains
around. We are likely to see a better closing toward the end of the
day. Will I be surprise to see a pool of greens in our market later?
No, absolutely not. I don't know what Mr Market has install for
us, and I will just play by his book, and jump in (out) when
the tide is with (against) me.
I will look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to
pick up and grab bargains when they are sold-down hard,
but I believe it will be minimal selling.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel.
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
with Dow registered its worse day of the year down
122 points, S&P fell 12 points and Nasdaq was down
by 29 points. A few events triggered off the selling, with
major concern over China moves to limit banking lending
being the main culprit, but the financial result from IBM,
BOA, Morgan Stanley lending some "support" to the sell-off.
So what will the China's move impact the recovery concerns?
My view is that we will just have a knee-jerk to the measure
and it will likely not have a bad impact on global growth.
We shall wait and see later when the Hong Kong and Shanghai
market opens.
Ok, back to our market.
Yesterday morning saw the incredible surge by Epure, and I am
glad that a few of members did catch it, and the profits should
be reasonably succulent. A few members said that the move is
"fast and furious", and they will out of sight for a few minutes,
and the price is up about 5-6 bids, so they have "miss the boat".
Some members choose to buy Sinomem which I mentioned in
yesterday blog, and should be also rewarded by profits if they
have a trailing stop implemented, as the scene changes after
the sudden move by China on the bank lending.
After the lunch break, some members asked me for laggard
stocks that are worth a look-up and a potential winner stock
as well. I gave them a stock Asia Enviro which is in my
"Potential mad-horse stocks that can spur into life" list given
out at the beginning of the year.
If you ask me whether Epure will continue to surge to or
even pass $1, I think the chances are quite high, and the water
treatment stocks, like Sinomem and Asia Enviro should follow
the leader to surge. Watch for them.
Our market should open with cautiously weakness, but I believe
that the supporting hand will jump in when there are bargains
around. We are likely to see a better closing toward the end of the
day. Will I be surprise to see a pool of greens in our market later?
No, absolutely not. I don't know what Mr Market has install for
us, and I will just play by his book, and jump in (out) when
the tide is with (against) me.
I will look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to
pick up and grab bargains when they are sold-down hard,
but I believe it will be minimal selling.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel.
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
Subscribe to:
Posts (Atom)