A few Skype members asked me whether the
strong rally yesterday is just a 回光返照, and
we will be back to square one or even worst
within days or weeks. Ok, although I agree that
the measures taken by the Fed and the Central
Banks is not the holy grail to all the gloom and
doom that we are currently facing, it does lend
some optimism and confidence into the market
right now. I am prepared to be proven wrong but
until that happens, I stand by my view that we
should have a good 2 months ahead of us.
To those sceptics, they can continue to sit on
the fence and wait for the herd to be back before
jumping, which by then the fresh green grass have
already been eaten up.
There is a very simple method to see whether the
current rally will continue or will it falter away.
A real breakout means that the stock price will
continue to go up couple with increasing volume
to sustain the momentum. Many stocks gapped up
yesterday and a good guide is that if the stock price
fall through the base of the gap then it is not a good sign.
For those stocks that I mentioned yesterday, Genting
hit the 1.57 resistance and immediately reverse and
closed at 1.54 Just remember this price: 1.57
It is like the magical number for the stock and a breakout
of this level will be very bullish for the stock.
For STX OSV, the magical number will be 1.24
Noble will be 1.205
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, December 2, 2011
Thursday, December 1, 2011
Market View 1 December 2011
Finally I am back into the market action
but what a bad time for me to be back today.
Stocks will definitely gap up today after a
strong rally overnight in the US and Europe,
I wish that I can pick up some bargains but I
guess that it is not to be this 2 days.
The news that " the world's leading central banks
acted jointly to provide cheaper dollar funding for
European banks facing a cash crunch." triggered
the rally but on the other side of the mirror, it also
highlight how deep and serious the problem is.
Anyway, it seems like my travel jinx is still intact
according to some of the emails I received and
last week was a good time to buy stocks.
I know some skype readers will ask me today whether
it is a "good" time to buy stocks. I still believe that
we should have a profitable year-end rally which
is still not too late to start, but stocks will open high
today and it may not be a good time to chase up.
After the dust is settled, there will be a pullback and
that is the chance that some is still looking for.
For those already invested, stay in there with Mr Market.
Some skype readers asked me about various stocks
in emails, but they are concentrated on a couple of them
like STX OSV, Genting, Noble, the ship-makers and
the commodity counters. For STX OSV, the nearest
resistance is at recent high of 1.24 but I believe the main
barrier is at the 1.27-1.28 level. Genting will face resistance
at gap-covering 1.57 and should it breech it, the next meaningful
hurdle is at the next gap of 1.625-1.64 Noble is the interesting
stock now and it will very bullish pass the 1.205 mark.
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
but what a bad time for me to be back today.
Stocks will definitely gap up today after a
strong rally overnight in the US and Europe,
I wish that I can pick up some bargains but I
guess that it is not to be this 2 days.
The news that " the world's leading central banks
acted jointly to provide cheaper dollar funding for
European banks facing a cash crunch." triggered
the rally but on the other side of the mirror, it also
highlight how deep and serious the problem is.
Anyway, it seems like my travel jinx is still intact
according to some of the emails I received and
last week was a good time to buy stocks.
I know some skype readers will ask me today whether
it is a "good" time to buy stocks. I still believe that
we should have a profitable year-end rally which
is still not too late to start, but stocks will open high
today and it may not be a good time to chase up.
After the dust is settled, there will be a pullback and
that is the chance that some is still looking for.
For those already invested, stay in there with Mr Market.
Some skype readers asked me about various stocks
in emails, but they are concentrated on a couple of them
like STX OSV, Genting, Noble, the ship-makers and
the commodity counters. For STX OSV, the nearest
resistance is at recent high of 1.24 but I believe the main
barrier is at the 1.27-1.28 level. Genting will face resistance
at gap-covering 1.57 and should it breech it, the next meaningful
hurdle is at the next gap of 1.625-1.64 Noble is the interesting
stock now and it will very bullish pass the 1.205 mark.
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, November 29, 2011
Market View will be back in Thursday
I just came back to our beloved country
this early morning after "over-staying" in
our neighbour. The Market View will be back
in Thursday as I have been out of touch with
Mr Market for more than a week so I need to
take another day to look at the charts and read
up the news reports and articles. I will be online
on Skype tomorrow but I won't be responding
to questions on specific stocks until I am ready.
this early morning after "over-staying" in
our neighbour. The Market View will be back
in Thursday as I have been out of touch with
Mr Market for more than a week so I need to
take another day to look at the charts and read
up the news reports and articles. I will be online
on Skype tomorrow but I won't be responding
to questions on specific stocks until I am ready.
Friday, November 18, 2011
No Market View for today
I will be busy doing some last-minute
"touch-up" to my luggage and traveling
issues to my trip next week, so there will
be no Market View today.
I will be updating the blog for next week
as well, so the blog will return on 28th
November 2011.
Given the volatile, irrational and somewhat
unpredictable nature of the market right now,
the readers are advised to be cautious and
be aware of what is really happening in the
market right now.
For me, I am still "Stay Foolish, Stay Hungry
and Stay invested".
"touch-up" to my luggage and traveling
issues to my trip next week, so there will
be no Market View today.
I will be updating the blog for next week
as well, so the blog will return on 28th
November 2011.
Given the volatile, irrational and somewhat
unpredictable nature of the market right now,
the readers are advised to be cautious and
be aware of what is really happening in the
market right now.
For me, I am still "Stay Foolish, Stay Hungry
and Stay invested".
Thursday, November 17, 2011
Market View 17 November 2011
US stocks closed lower in overnight trade
as the indexes are down by about 1.6%
Looking at the pre-opening quote right
now, today is going to be bloody opening
but no, I am not going to predict the closing
as the market action had been too drastic lately.
Many readers asked about the main attraction stock,
Yanlord, yesterday. I can only say that if you are
still not in the stock yet, you can buy at the yesterday
stock-high when the market buying continues.
It takes courage and technique to trade such stock
now and you need to know what you are doing.
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
as the indexes are down by about 1.6%
Looking at the pre-opening quote right
now, today is going to be bloody opening
but no, I am not going to predict the closing
as the market action had been too drastic lately.
Many readers asked about the main attraction stock,
Yanlord, yesterday. I can only say that if you are
still not in the stock yet, you can buy at the yesterday
stock-high when the market buying continues.
It takes courage and technique to trade such stock
now and you need to know what you are doing.
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, November 16, 2011
Market View 16 November 2011
If you have been reading this blog and feel
that I have not been writing something "material",
and nothing much about the stocks, then
yes, you are right. The market is doing cha-cha
nowadays and although I am still in the market,
my transaction volume and stocks is on the
lower side. I still believe that we will have a good
year-end rally and until something drastic or
dramatic break my expectation, I will stick to
my view and will still be in the market.
Some Skype members asked me whether that
my travel jinx will surface again since I am going
for a week-long holiday next week. I can only
jokingly reply that if anything untoward happened
next week, then that is my fault. Haha...
I will talk briefly about STX OSV again today as I
don't want to sound like selling chinese ko-yo.
STX OSV nearest support lies at the 1.10 level and
resistance will be faced at nearby 1.16 and further
upside will be met with strong resistance at 1.21-1.22
level. I believe that many readers are in this stock
one time or the other regardless of whether it is done
on a contra basis or on investment ground. I continue
to view this stock as a strong winner in such a
volatile and turbulent market condition.
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
that I have not been writing something "material",
and nothing much about the stocks, then
yes, you are right. The market is doing cha-cha
nowadays and although I am still in the market,
my transaction volume and stocks is on the
lower side. I still believe that we will have a good
year-end rally and until something drastic or
dramatic break my expectation, I will stick to
my view and will still be in the market.
Some Skype members asked me whether that
my travel jinx will surface again since I am going
for a week-long holiday next week. I can only
jokingly reply that if anything untoward happened
next week, then that is my fault. Haha...
I will talk briefly about STX OSV again today as I
don't want to sound like selling chinese ko-yo.
STX OSV nearest support lies at the 1.10 level and
resistance will be faced at nearby 1.16 and further
upside will be met with strong resistance at 1.21-1.22
level. I believe that many readers are in this stock
one time or the other regardless of whether it is done
on a contra basis or on investment ground. I continue
to view this stock as a strong winner in such a
volatile and turbulent market condition.
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, November 15, 2011
Market View 15 November 2011
STX OSV announced a good Q3 result
yesterday night but looking at the pre-opening
quote, it is going to open around the closing
price of 1.105 Will there be a sell-on-news on
the stock today? I can't be 100% sure of it
but I am prepared for anything since the market
have been pretty volatile and unpredictable lately.
As the brokerage analysts will definitely have
something to say on the stock, I will compile
a list of their target price tomorrow.
Before I forgot once again, I will be taking a one
week holiday next week and I will not be present
for the 5 trading days.
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
yesterday night but looking at the pre-opening
quote, it is going to open around the closing
price of 1.105 Will there be a sell-on-news on
the stock today? I can't be 100% sure of it
but I am prepared for anything since the market
have been pretty volatile and unpredictable lately.
As the brokerage analysts will definitely have
something to say on the stock, I will compile
a list of their target price tomorrow.
Before I forgot once again, I will be taking a one
week holiday next week and I will not be present
for the 5 trading days.
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
Subscribe to:
Posts (Atom)