Ok, a quick recap on the US market closing figures.
Dow jumped up 106 points, S&P 500 added 10 points
while Nasdaq gained 30 points on the news that the
debt problem with Greece received EU's backing and good
labour data. US market will still be trading when we are
having our CNY break, so we shall see what we are facing
on Tuesday.
Today is the last trading day before the CNY, and I will
not be doing any buying today but will just watch from the
fence. But yes, if the stock is doing a last-minute CNY rally,
then all I can do is to sell some stocks that I have.
I will like to thank the supports and encouragements that I
received from the Skype members and blog readers all this
while, and I hope to continue to provide quality posting on
the stock market situation and issues to you for many years
to come.
I would like to take this opportunity to wish all the readers
"Happy New Year!!!" & "Huat!!!!! for the year".
Remember to stay Healthy and Vibrant, as that is really the
KEY to better trading, and making more $$$$ from Mr Market.
Gong Xi Fa Cai!!!
Thank you
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, February 12, 2010
Thursday, February 11, 2010
Market View 11 February 2010
US market closed lower "as worries over Federal Reserve
Chairman Ben Bernanke's strategy after the economy recovers
offset optimism about a possible rescue for debt-burdened Greece"
Dow was down 20 points, S&P 500 slided 2 points while Nasdaq
fell 3 points. No clear-cut signal from Mr Market and Uncle Sam
yet, but at least the rebound looks in the pipeline.
We are into the last 2nd trading day before we take a
well-deserved CNY break, and enjoy the festival, and of course,
the goodies and food delicacies, but before that, we still have
a trading day ahead. The market will be in cautious mood today,
and I don't see any drastic big move in either direction, but only
selected play on recent stocks in the news, or have been deeply
selldown and selling in a discount. I will watch from the sideline and
observe for the time being and will not rush in unless there is (are)
good trading profit-making opportunities.
I actually told some Skype members that I am preparing a report
on trading on IPOs and the Hot stocks, but due to some unforeseen
circumstances, I have to postpone it till a to-be-announced later stage.
It is in the process of writing, and I will keep on updated on the content
and further details will be revealed soon.
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
Chairman Ben Bernanke's strategy after the economy recovers
offset optimism about a possible rescue for debt-burdened Greece"
Dow was down 20 points, S&P 500 slided 2 points while Nasdaq
fell 3 points. No clear-cut signal from Mr Market and Uncle Sam
yet, but at least the rebound looks in the pipeline.
We are into the last 2nd trading day before we take a
well-deserved CNY break, and enjoy the festival, and of course,
the goodies and food delicacies, but before that, we still have
a trading day ahead. The market will be in cautious mood today,
and I don't see any drastic big move in either direction, but only
selected play on recent stocks in the news, or have been deeply
selldown and selling in a discount. I will watch from the sideline and
observe for the time being and will not rush in unless there is (are)
good trading profit-making opportunities.
I actually told some Skype members that I am preparing a report
on trading on IPOs and the Hot stocks, but due to some unforeseen
circumstances, I have to postpone it till a to-be-announced later stage.
It is in the process of writing, and I will keep on updated on the content
and further details will be revealed soon.
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, February 10, 2010
Market View 10 February 2010
How things can change so fast?!
US stocks rebound strongly as the news that European
nations and the ECB may help bail out debt-ridden Greece
reacted favourable with the investors and traders.
Dow surged 150 points, S&P gained 14 points and Nasdaq
charged 25 points. Is the current correction finally over?
All will be revealed in the next few trading days, but the signs
are looking bright.
STI surged 51 points yesterday on good corporate results and
bargain hunting activities, and maybe a small CNY rally?
Are we really having a good charge before the CNY?
Stocks will likely open higher today, but the issue is whether it
can sustain for the whole day. I am still pretty cautious over putting
too high hope and stake on the currently market condition now.
If you are a mid-term player, then last few days' drop will be
a god-send opportunities to pick-up some good bargains and
add in some positions.
If you are a contra and intra player, then it is wise to take profits
along the way, and not get caught if the wind change direction again.
I mentioned that "It is looking like we won't have a grand-event CNY
rally this week, but I think a rebound is on the pipe-line.", and
indeed we will have just a rebound this week. It is not all-clear yet.
Look for the greens and follow the winners cautiously, or else sit on the
fence and watch the show unfold.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, Ezion, Swiber,Broadway,Midas &
Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available.
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
US stocks rebound strongly as the news that European
nations and the ECB may help bail out debt-ridden Greece
reacted favourable with the investors and traders.
Dow surged 150 points, S&P gained 14 points and Nasdaq
charged 25 points. Is the current correction finally over?
All will be revealed in the next few trading days, but the signs
are looking bright.
STI surged 51 points yesterday on good corporate results and
bargain hunting activities, and maybe a small CNY rally?
Are we really having a good charge before the CNY?
Stocks will likely open higher today, but the issue is whether it
can sustain for the whole day. I am still pretty cautious over putting
too high hope and stake on the currently market condition now.
If you are a mid-term player, then last few days' drop will be
a god-send opportunities to pick-up some good bargains and
add in some positions.
If you are a contra and intra player, then it is wise to take profits
along the way, and not get caught if the wind change direction again.
I mentioned that "It is looking like we won't have a grand-event CNY
rally this week, but I think a rebound is on the pipe-line.", and
indeed we will have just a rebound this week. It is not all-clear yet.
Look for the greens and follow the winners cautiously, or else sit on the
fence and watch the show unfold.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, Ezion, Swiber,Broadway,Midas &
Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available.
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, February 9, 2010
Market View 9 February 2010
Dow closed below 10000 points for the first time
since November as worries over European debt and
the health of the economic recovery the main trigger
again. Dow closed at 9908, down 104 points, S&P 500
lost 9 points while Nasdaq slided 15 points. The banks
and financial stocks were the biggest losers and it seems
that the low has not been reached yet. I view this tumble
to be like a correction much-needed and definitely not
a crash as some have feared. It is perfectly normal for the
market to fall after last year's strong surge, and the European
debt worries are just "excuses" to "justify" the selling.
It is looking like we won't have a grand-event CNY rally this
week, but I think a rebound is on the pipe-line. From what I
saw in the chart, many stocks have reached important support
level, and we shall see whether it can be breached. Cautious is
still the name of the game this week, and guerrilla warfare is
the perfect strategy to trade stocks currently if you are still game
enough to catch stocks on contra or intra.
Look for the greens and follow the winners, or else sit on the fence
and watch the show unfold.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, Ezion, Swiber,Broadway,
Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available.
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
since November as worries over European debt and
the health of the economic recovery the main trigger
again. Dow closed at 9908, down 104 points, S&P 500
lost 9 points while Nasdaq slided 15 points. The banks
and financial stocks were the biggest losers and it seems
that the low has not been reached yet. I view this tumble
to be like a correction much-needed and definitely not
a crash as some have feared. It is perfectly normal for the
market to fall after last year's strong surge, and the European
debt worries are just "excuses" to "justify" the selling.
It is looking like we won't have a grand-event CNY rally this
week, but I think a rebound is on the pipe-line. From what I
saw in the chart, many stocks have reached important support
level, and we shall see whether it can be breached. Cautious is
still the name of the game this week, and guerrilla warfare is
the perfect strategy to trade stocks currently if you are still game
enough to catch stocks on contra or intra.
Look for the greens and follow the winners, or else sit on the fence
and watch the show unfold.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Sinomem, CSE, PEC, Ezion, Swiber,Broadway,
Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available.
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, February 8, 2010
Market View 8 February 2010
We are just only 6 days from CNY, but it look like
what happen in Uncle Sam and Europe will determine
the festive mood of the traders and investors this week.
Last friday, Dow managed to crawl back to positive region
after breaking pass the 10000 psychological support level
and closed up 10 points to 10031 points. S&P 500 added
3 points while Nasdaq gained 16 points.
Will Dow fall down to below 10000 points again?
Frankly, I don't see why it won't search a low again and
last friday's day-low of 9835 should be closely watched.
This is going to be rather volatile week as the market will
have to deal with once-again global recovery concerns and
Europe's sovereign debt woes.
Will we see a "paper-tiger" this lunar year or will it be the
ferocious tiger that we known?
I think we will see a mild tiger at first, then it will wake up
to show its prowess at a later stage of the year.
Ok, I will comment about the local market now.
It was a pool of pre-red before the CNY last week, and it was
certainly not a welcoming scene to many, but we just have to
make do with it. It is likely that Genting, CH Offshore, Falcon
Energy will be heavily traded this few days with news cooming
out during the weekend break.
If you don't know what happen, read up SGX announcement and
Yahoo! news.
I will trade cautiously this week although I believe we will
see a reasonable rebound in the trading days, and will only
focus the bullets on a few stocks. I will clear my contra and
intra positions by this friday, and will enjoy the CNY with a
light and festive mood.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Epure, Sinomem, CSE, CWT, PEC, Ezion,Swiber,
Broadway, Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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
what happen in Uncle Sam and Europe will determine
the festive mood of the traders and investors this week.
Last friday, Dow managed to crawl back to positive region
after breaking pass the 10000 psychological support level
and closed up 10 points to 10031 points. S&P 500 added
3 points while Nasdaq gained 16 points.
Will Dow fall down to below 10000 points again?
Frankly, I don't see why it won't search a low again and
last friday's day-low of 9835 should be closely watched.
This is going to be rather volatile week as the market will
have to deal with once-again global recovery concerns and
Europe's sovereign debt woes.
Will we see a "paper-tiger" this lunar year or will it be the
ferocious tiger that we known?
I think we will see a mild tiger at first, then it will wake up
to show its prowess at a later stage of the year.
Ok, I will comment about the local market now.
It was a pool of pre-red before the CNY last week, and it was
certainly not a welcoming scene to many, but we just have to
make do with it. It is likely that Genting, CH Offshore, Falcon
Energy will be heavily traded this few days with news cooming
out during the weekend break.
If you don't know what happen, read up SGX announcement and
Yahoo! news.
I will trade cautiously this week although I believe we will
see a reasonable rebound in the trading days, and will only
focus the bullets on a few stocks. I will clear my contra and
intra positions by this friday, and will enjoy the CNY with a
light and festive mood.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Epure, Sinomem, CSE, CWT, PEC, Ezion,Swiber,
Broadway, Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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, February 5, 2010
Market View 5 February 2010
What else can I say?
US market tumbled in overnight trade over
Europe zone debt problems and higher-than-expected
jobless claims. Dow plunged 2.6% or 268 points to
10002 points, just a mere 2 points above the important
psychological mark 10000 level. S&P 500 lost 34 points
or 3%, while Nasdaq slided 65 points or 3%.
The market had been pretty volatile with any news being
given a negative view, and impact the indices. We are likely
to see such market sentiment continues in the days ahead.
Back to our local market...
Some skype members asked me about the fall of Asia Enviroments
which is in my stock watchlist. Well, it issued a profit guidance,
and I quote "
The unaudited financial results of the Group for the fourth quarter
FY2009 is expected to register a loss and the net profit for FY2009
is expected to be lower than the comparative financial results in FY2008.
Nevertheless, the Group expects to remain overall profitable for FY2009."
The company is still expecting to be profitable for FY2009, but the
market magnified the news and start to selloff the stock which was
quite "unreasonable". I took this opportunities to take quick punt
on the stocks yesterday with the intention for quick in-out
profits which materialised. This stock is turning speculative given
such circumstance, but it is a good punting stock for me for the time being.
With this reason, I will remove the stock from my watchlist as the
risk is higher now.
We can expect a pretty gloomy opening today, but I don't expect
a day-low closing for our market. If there are greens around, I will
stick to them, or else, I will just watch at sideline and see how low
the stock can drop and maybe rebound play.
Will the "invisible hand" appear again to support the stocks and
market?
There are signs that it have always come out when there are bargains
in the winner stocks, and I don't see it stopping.
Winner Stocks: Epure, Sinomem, CSE, CWT, PEC, Ezion,Swiber,
Broadway, Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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
US market tumbled in overnight trade over
Europe zone debt problems and higher-than-expected
jobless claims. Dow plunged 2.6% or 268 points to
10002 points, just a mere 2 points above the important
psychological mark 10000 level. S&P 500 lost 34 points
or 3%, while Nasdaq slided 65 points or 3%.
The market had been pretty volatile with any news being
given a negative view, and impact the indices. We are likely
to see such market sentiment continues in the days ahead.
Back to our local market...
Some skype members asked me about the fall of Asia Enviroments
which is in my stock watchlist. Well, it issued a profit guidance,
and I quote "
The unaudited financial results of the Group for the fourth quarter
FY2009 is expected to register a loss and the net profit for FY2009
is expected to be lower than the comparative financial results in FY2008.
Nevertheless, the Group expects to remain overall profitable for FY2009."
The company is still expecting to be profitable for FY2009, but the
market magnified the news and start to selloff the stock which was
quite "unreasonable". I took this opportunities to take quick punt
on the stocks yesterday with the intention for quick in-out
profits which materialised. This stock is turning speculative given
such circumstance, but it is a good punting stock for me for the time being.
With this reason, I will remove the stock from my watchlist as the
risk is higher now.
We can expect a pretty gloomy opening today, but I don't expect
a day-low closing for our market. If there are greens around, I will
stick to them, or else, I will just watch at sideline and see how low
the stock can drop and maybe rebound play.
Will the "invisible hand" appear again to support the stocks and
market?
There are signs that it have always come out when there are bargains
in the winner stocks, and I don't see it stopping.
Winner Stocks: Epure, Sinomem, CSE, CWT, PEC, Ezion,Swiber,
Broadway, Midas & Sinotel, Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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, February 4, 2010
Market View 4 February 2010
US market closed mixed with Dow and S&P 500 down
26 and 8 points respectively snapping a 2 day winning streak
on profit-taking while Nasdaq edge up 1 point.
We have companies like Burger King, Kellogg and Master
Card reporting their financial result tonight.
Some members commented that although the STI charged
up 44 points yesterday but his profits from the pennies
especially the winner stocks did not really match the
strong surge. I have to answer that in such weaker market
sentiment and situation, it is rewarding to get just any kind
of profits. The winner stocks did perform during the last
couple of weeks since the beginning of the year and will
continue to do so for the days ahead.
I will be cautious trading today with important data coming
out in the US tonight and tomorrow. Look for strong stocks
that buck the trend and enter lightly.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE,
CWT, PEC, Ezion,Swiber,Broadway, Midas & Sinotel,
Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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
26 and 8 points respectively snapping a 2 day winning streak
on profit-taking while Nasdaq edge up 1 point.
We have companies like Burger King, Kellogg and Master
Card reporting their financial result tonight.
Some members commented that although the STI charged
up 44 points yesterday but his profits from the pennies
especially the winner stocks did not really match the
strong surge. I have to answer that in such weaker market
sentiment and situation, it is rewarding to get just any kind
of profits. The winner stocks did perform during the last
couple of weeks since the beginning of the year and will
continue to do so for the days ahead.
I will be cautious trading today with important data coming
out in the US tonight and tomorrow. Look for strong stocks
that buck the trend and enter lightly.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE,
CWT, PEC, Ezion,Swiber,Broadway, Midas & Sinotel,
Golden Agri, Yingli, Biosensor (added).
IPO punt, if available
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
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