Wall Street's sentiment turned negative again in late
trading hour as the indexes "staged yet another
late-day reversal on Wednesday to end lower as
news suggesting China was reassessing its euro-zone
debt holdings pushed investors into profit-taking mode."
Dow closed down 69 points, S&P 500 dropped 6 points
and Nasdaq fell 15 points. I actually expect a rebound
this week but all these reversals are spoiling the mood.
Without doubt, the main superstar stock yesterday must
be Genting. Rebounding from the 92cts support level
day-low on Tuesday and staging a good rally past the
98cts resistance level. The same resistance level may be
tested again today as stocks will open weaker today.
Watch Sound Global, Cosco, YZJ and PEC as they
will be the focus when the market become firmer
during the day. Take note that today is the last
trading day of the week.
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
Thursday, May 27, 2010
Wednesday, May 26, 2010
Market View 26 May 2010
Wall Street finished firmer after a late rebound
as "Stocks staged a furious late-day rally on Tuesday
to push the S&P 500 into positive territory as the
focus shifted from European debt woes to buying
after shares hit six-month lows." Dow down 23 points,
Nasdaq dropped 3 points but S&P edged up 0.38 points.
It is looking like the rebound that I mentioned in past
blog entry is coming to life pretty soon.
I received some feedback emails and skype messages
after what I wrote yesterday at the blog. It is a real-life
happening, but don't worry, my friend is still able to
service those mounting bills. The message I am trying
to bring out is that Never "eat" more than you can "swallow",
you can get choked. One more thing, I know that a lot
of people like to max out their credit card limit, and only
pay off the minimum sum each month. Do you know how long
it will take if you do so monthly? Answer: 30 years.
And you will end out paying much higher than your initial
limits due to the staggering unreasonable interest rate charged.
Stocks will opened firmer today, and I will do a guerilla warfare
today, and nib on those winner stocks for intra and contra gains
for the next 2 days, as friday is a public holiday.
One readers comment to me that he wish that Noble, Straits Asia,
Olam, NOL, Yanlord will be once again below $1. This is a incredibly
tall order and only a catastrophic event will trigger such a massive
fall-back. When they are below $1 "that" time, I keep recommending
a Buy-and-Hold for mid and long term. If you have bought then,
you should have made a 200-300% profits just on them.
But all these are history now.
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
as "Stocks staged a furious late-day rally on Tuesday
to push the S&P 500 into positive territory as the
focus shifted from European debt woes to buying
after shares hit six-month lows." Dow down 23 points,
Nasdaq dropped 3 points but S&P edged up 0.38 points.
It is looking like the rebound that I mentioned in past
blog entry is coming to life pretty soon.
I received some feedback emails and skype messages
after what I wrote yesterday at the blog. It is a real-life
happening, but don't worry, my friend is still able to
service those mounting bills. The message I am trying
to bring out is that Never "eat" more than you can "swallow",
you can get choked. One more thing, I know that a lot
of people like to max out their credit card limit, and only
pay off the minimum sum each month. Do you know how long
it will take if you do so monthly? Answer: 30 years.
And you will end out paying much higher than your initial
limits due to the staggering unreasonable interest rate charged.
Stocks will opened firmer today, and I will do a guerilla warfare
today, and nib on those winner stocks for intra and contra gains
for the next 2 days, as friday is a public holiday.
One readers comment to me that he wish that Noble, Straits Asia,
Olam, NOL, Yanlord will be once again below $1. This is a incredibly
tall order and only a catastrophic event will trigger such a massive
fall-back. When they are below $1 "that" time, I keep recommending
a Buy-and-Hold for mid and long term. If you have bought then,
you should have made a 200-300% profits just on them.
But all these are history now.
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, May 25, 2010
Market View 25 May 2010
Wall Street reacted the opposite of last friday closing
in the last few hours of trading. "U.S. stocks slid on Monday,
driving the Dow to its lowest level since Feb. 10 as fresh signs
of Europe's banking problems emerged." Dow lost 130 points,
S&P 500 fell 14 points and Nasdaq dropped 15 points.
I still believe that we will see a reasonable rebound this week,
as the indexes are tested at the support level again.
Yesterday, one of the trading friends told me that he got
hitted pretty badly in last few weeks of trading, It is not
about the stocks selection or the timing, but it is because
he trade using credit card advances, and the figure had
mounted to a disastrous level.
He traded on contra and pay-off the losses using credit
card but enjoy the profits to the fullest without any thought
of preserving them as future ammunition for further contra trades.
But the main killer of his trade is that he simply has no
cut-loss level, and just let it become worse and hope for
a miraculous reversal, which most of the time never came.
He is heading for trouble, and when a destructive wave comes
by, he indeed got hitted badly and got to "temporarily"
exile from the market to recuperate and service those
card bills. I have no doubt that he will be back again
to the same pit-hole unless he learn the lesson well.
We are looking at a weak opening, but I see a better
closing although it will be wise to be cautious to any
further sell-downs. If you want to trade, for goodness
sake, stick with the greens.
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 the last few hours of trading. "U.S. stocks slid on Monday,
driving the Dow to its lowest level since Feb. 10 as fresh signs
of Europe's banking problems emerged." Dow lost 130 points,
S&P 500 fell 14 points and Nasdaq dropped 15 points.
I still believe that we will see a reasonable rebound this week,
as the indexes are tested at the support level again.
Yesterday, one of the trading friends told me that he got
hitted pretty badly in last few weeks of trading, It is not
about the stocks selection or the timing, but it is because
he trade using credit card advances, and the figure had
mounted to a disastrous level.
He traded on contra and pay-off the losses using credit
card but enjoy the profits to the fullest without any thought
of preserving them as future ammunition for further contra trades.
But the main killer of his trade is that he simply has no
cut-loss level, and just let it become worse and hope for
a miraculous reversal, which most of the time never came.
He is heading for trouble, and when a destructive wave comes
by, he indeed got hitted badly and got to "temporarily"
exile from the market to recuperate and service those
card bills. I have no doubt that he will be back again
to the same pit-hole unless he learn the lesson well.
We are looking at a weak opening, but I see a better
closing although it will be wise to be cautious to any
further sell-downs. If you want to trade, for goodness
sake, stick with the greens.
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, May 24, 2010
Market View 24 May 2010
Wall Street managed to close in the positive region
last friday with a last-minute push-up, but were still
deeply down for the week. "Volatility will be the name
of the game on Wall Street next week as uncertainty
over the euro-zone debt crisis remains and investors
will need nerves of steel to make bets on risky assets
like stocks." In my own view, I believe we will see
a rebound this week although it is still going to be
volatile and erratic.
I knew of some readers who went in last friday on a
couple of stocks when they gap-down on opening,
and I believe they are sitting on a good profits or
have already taken the money out. Like what I mentioned
in blog last week, "Let the ferocious selling by the retailers and
un-known do their job initially, and the "mighty" supporting
hand will quietly sweep up the bargains." Indeed, the closing
was much better with the "supporting hands" doing the
job well.
I expect to see a much firmer market this week, although
you can say that I am still cautiously optimistic about the
short-term market condition. We should be able to see
another surge wave before the big destructive wave
surface again.
Take note of the winner stocks that I kept mentioning
and also those in the 90cts++ region stocks as they
will get push-up to a test of the important $1 mark.
I feel that we will have quite a good week ahead.
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
last friday with a last-minute push-up, but were still
deeply down for the week. "Volatility will be the name
of the game on Wall Street next week as uncertainty
over the euro-zone debt crisis remains and investors
will need nerves of steel to make bets on risky assets
like stocks." In my own view, I believe we will see
a rebound this week although it is still going to be
volatile and erratic.
I knew of some readers who went in last friday on a
couple of stocks when they gap-down on opening,
and I believe they are sitting on a good profits or
have already taken the money out. Like what I mentioned
in blog last week, "Let the ferocious selling by the retailers and
un-known do their job initially, and the "mighty" supporting
hand will quietly sweep up the bargains." Indeed, the closing
was much better with the "supporting hands" doing the
job well.
I expect to see a much firmer market this week, although
you can say that I am still cautiously optimistic about the
short-term market condition. We should be able to see
another surge wave before the big destructive wave
surface again.
Take note of the winner stocks that I kept mentioning
and also those in the 90cts++ region stocks as they
will get push-up to a test of the important $1 mark.
I feel that we will have quite a good week ahead.
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, May 21, 2010
Market View 21 May 2010
What more can I say?
Wall Street registered the worst fall in a year as
"U.S. stocks sank nearly 4 percent on Thursday
on growing fears the euro zone's efforts to tackle
its sovereign debt crisis will fall short, jeopardizing
the global economic recovery." The picture seems to
be getting uglier every single day. I actually expected
such a scene to happen in the 2nd half of the year if
you have been reading my blog for a while, but it happened
about 2 months earlier. It's OK, among all the chaos
and difficult and complex situations, there exists great
opportunities to grab some good bargain at good
beaten-down price.
Stocks will definitely open weak this morning, but you
are expecting a red-throughout day, then you may be
surprise at the tenacity of our market. I expect to see a
much better closing, and I won't be surprise that out
of the many "bloody" stocks, there will be some greens
poping out. Let the ferocious selling by the retailers and
un-known do their job initially, and the "mighty" supporting
hand will quietly sweep up the bargains.
For Genting, still the same 86.5cts, 92cts, 98cts level to
trade the stock. Some other stocks I will be watching
closely are Sound Global, Super Group, Swiber, Cosco,
Mermaid and YZJ.
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
Wall Street registered the worst fall in a year as
"U.S. stocks sank nearly 4 percent on Thursday
on growing fears the euro zone's efforts to tackle
its sovereign debt crisis will fall short, jeopardizing
the global economic recovery." The picture seems to
be getting uglier every single day. I actually expected
such a scene to happen in the 2nd half of the year if
you have been reading my blog for a while, but it happened
about 2 months earlier. It's OK, among all the chaos
and difficult and complex situations, there exists great
opportunities to grab some good bargain at good
beaten-down price.
Stocks will definitely open weak this morning, but you
are expecting a red-throughout day, then you may be
surprise at the tenacity of our market. I expect to see a
much better closing, and I won't be surprise that out
of the many "bloody" stocks, there will be some greens
poping out. Let the ferocious selling by the retailers and
un-known do their job initially, and the "mighty" supporting
hand will quietly sweep up the bargains.
For Genting, still the same 86.5cts, 92cts, 98cts level to
trade the stock. Some other stocks I will be watching
closely are Sound Global, Super Group, Swiber, Cosco,
Mermaid and YZJ.
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, May 20, 2010
Market View 20 May 2010
Nothing unexpected as Wall Street is again in the red
as "U.S. stocks fell on Wednesday as Germany's unilateral
action to ban specific trades on some stocks and bonds
sparked a fresh wave of uncertainty and risk aversion
among anxious investors." Dow fell 67 points, S&P dropped
6 points and Nasdaq lost 19 points.
Yesterday was quite a bloodshed for many stocks and
the retailers as well. I received an email from a reader
regarding Sound Global which he entered at a low price.
I told him to keep a trailing stop tight and indeed I believe
the stop was triggered in the afternoon when all hell broke
lose.
Expect to see a recovery today as stocks should have a
rebound today in a cautious mood. Keep to the winner
stocks when they are green.
With regards to Genting, just need to see these few price
support/resistance level, 86.5cts, 92cts and 98cts.
You can make money just trading on these levels.
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
as "U.S. stocks fell on Wednesday as Germany's unilateral
action to ban specific trades on some stocks and bonds
sparked a fresh wave of uncertainty and risk aversion
among anxious investors." Dow fell 67 points, S&P dropped
6 points and Nasdaq lost 19 points.
Yesterday was quite a bloodshed for many stocks and
the retailers as well. I received an email from a reader
regarding Sound Global which he entered at a low price.
I told him to keep a trailing stop tight and indeed I believe
the stop was triggered in the afternoon when all hell broke
lose.
Expect to see a recovery today as stocks should have a
rebound today in a cautious mood. Keep to the winner
stocks when they are green.
With regards to Genting, just need to see these few price
support/resistance level, 86.5cts, 92cts and 98cts.
You can make money just trading on these levels.
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, May 19, 2010
Market View 19 May 2010
When I hit the bed yesterday night, Wall Street
was still very much in the green, but I was "greeted"
with a pool of red closing when I checked it this morning.
The indexes revsersed early gains to close low, as "Stocks
sank on Tuesday, driven lower as the strengthening of
financial regulation from Wall Street to Frankfurt crushed
bank stocks, adding to worries about the sustainability of the
global economic recovery." Look like the market will take
some time to stable down, and by the look of the futures now,
it is not going to be a pretty scene tionight.
These past weeks, my tradings have been limited to a couple
of stocks that I know will move everyday, that is, it will fall big
in a weak sentiment and rise up when the mood is better.
The results are still OK, given the fact that we are in such
drastic and volatile market condition. I will keep doing so
until the sky is clear blue again, but that will take some time.
Market will open weak today, and it is going to stay that way
throughout unless the futures move to the positive region, and
that is also a big IF, which the market may not move at all too.
Stick with the winner stocks ONLY when they are in the green zone.
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
was still very much in the green, but I was "greeted"
with a pool of red closing when I checked it this morning.
The indexes revsersed early gains to close low, as "Stocks
sank on Tuesday, driven lower as the strengthening of
financial regulation from Wall Street to Frankfurt crushed
bank stocks, adding to worries about the sustainability of the
global economic recovery." Look like the market will take
some time to stable down, and by the look of the futures now,
it is not going to be a pretty scene tionight.
These past weeks, my tradings have been limited to a couple
of stocks that I know will move everyday, that is, it will fall big
in a weak sentiment and rise up when the mood is better.
The results are still OK, given the fact that we are in such
drastic and volatile market condition. I will keep doing so
until the sky is clear blue again, but that will take some time.
Market will open weak today, and it is going to stay that way
throughout unless the futures move to the positive region, and
that is also a big IF, which the market may not move at all too.
Stick with the winner stocks ONLY when they are in the green zone.
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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