Market View 20 January 2012

Not much Market View today as this
is the last trading of the lunar Golden
Rabbit and I just want to happily enjoy
the CNY holidays without worries of what
happened in US and Europe. Like what I
told the skype members, I will close all contra
positions today morning and take an early
break and do some last-minute buying
at the supermarket later.
I will most probably be taking one more day
on next Wednesday to settle down after
all the eating and drinking. The Market View
should be back on Thursday.

Lastly, I wish all the readers a very Happy Chinese
New Year and we will have more money-making
opportunities in the Water Dragon Year!

各位股友，
时间过的真快， 一转眼一年又过了。
很快的，我们就要向兔小弟挥手告别，
迎接龙大哥的到来。
在此除旧迎新时刻， 我要恭祝大家在
龙年可以生龙活虎在龙潭虎穴的股市
闯出一片天!
最重要，大家都要龙马精神， 身体健康，
以最佳状态迎接各种挑战!
龙年行大运!

Market View 19 January 2012

This blog entry was supposed to be posted
much earlier. But when I started my computer
this morning, there was a "Preparing to configure
Windows. Do not turn off your computer." screen
and it took about 20 minutes before the main
screen pop-up. So I am left with not much time
to write before the market opens.

Yesterday, many stocks pull back after hitting
the various resistance near the day-high. I wasn't
present in the early morning due to setting
some errands but when I came back in the late
morning, I immediately alerted those on skype.
I hope that they benefited from my "timely" alerts.
It is perfectly normal for stocks that have been showing
great performance to take a break and it remains
to be seen whether they will continue to charge-up
further or rest for a while. With Uncle Sam up in
overnight trade, stocks may try again at the resistance
so take note of the day-high yesterday. Stick with
the stocks that can break it but I will suggest that this
to be an intra-trade or very short-term trade. Take
profits off the table and enjoy the CNY without much
worries on the US and Eurozone situations.

Yesterday, I received an encouraging email from a
blog reader and with his permission, I will publish it
in the blog today.

"

Hi Mr Stocklobang

 

So far the stocks you recommended is doing very well.

 

Stock	Price on 3 Jan 12	Price Now	% Gain
China Minzhong	0.82	0.92	10
GLP	1.76	1.87	11
STX OSV	1.165	1.42	25.5
Noble	1.145	1.17	2.5
NOL	1.135	1.265	13
Yanlord	0.96	1.06	10
Biosensors	1.42	1.545	12.5
Ezion	0.665	0.715	5
Ezra	0.84	0.99	15
First Resources	1.5	1.605	10.5
IndoAgri	1.275	1.41	13.5
Yangzijiang	0.915	1.02	10.5

 

On behalf of my friends who read your blog daily and have made money from your advise, we would like to thank you and wish you a happy and prosperous lunar dragon year."

 

I am glad that there are readers who benefited and profited 

from this blog and my recommendations. It is for all these

faithful and appreciative readers that I will continue to

post meaningful and rewarding recommendations and view

on the market and individual stocks. Thank you to all readers.

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    

Market View 17 January 2012

Market pullback yesterday on the news of
the S&P downgrades of the Eurozone nations
but it is not as bad as predicted. It is looking
like it had already been factored into the markets
and the 3 major European bourses even closed
in the green. I believe we can see a firmer
trading today and a greener finish.

I got nothing much to say about individual stocks
today as I have already stated their support
and resistance last week and it remains the same
until either side is broken. The only thing I can
give today is look out for the Trading Volume.
Yesterday selling is coupled with a more subdued
volume but the volume should be more "excited"
during a firmer session.

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      .  

Market View 16 January 2012

It is only one week away from the almighty
Water Dragon lunar year, and yes, I am
looking forward to it already. It is a good
time to take a break and enjoy the festive
celebration with the family and friends.
I believe I will be taking a longer break than
the 2 public holidays, I shall decide on the
last post of Golden Rabbit year.

With the S&P downgrades of the Euro zone
countries, it is going to be a bad day for the
market today. Looking at the pre-opening quote,
most stocks will open much weaker. Take this
as an opportunity to watch the show from
the sideline or trim down on positions.
But keep a lookout for green leaves among the
red flower or a total reversal of the stocks.
Knee-jerk reaction is also possible so expect
the unexpected.
I have mentioned the support level of various
stocks last week and be cautious of the selling
is coupled with high volume.

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      . 

Market View 13 January 2012

There are 2 things that I suddenly noticed
this morning. Firstly, yesterday blog posting
was incredible my 700th, and what a long way
the blog had been through. Hope that I can
continue to blog what and how I feel about
the market and looking forward to the 1000th
posting, which is like one year more.

Next, I noticed that today is Friday the 13th.
Any significance to the market today?
To me, it is just another date but only that
I realised it this morning when writing the blog.

Stocks did pull back yesterday taking a much
needed break, but I believe that they will still
be back for another run-up. Some stocks in focus
are Ezra, after it announced its result yesterday.
STX OSV fell to within a bid of the strong support
1.27 and it is currently walking on a very tight
rope. A clean breech of the 1.27 level with volume
will be disastrous for the stock with 1.20 next
in line. In my personal view, it will once again
consolidate within the region, and a break at
1.31 will signify its return to the bull side.
Watch out for Noble, China Minzhong, Indo Agri too.

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      .

Market View 12 January 2012

Another good trading day yesterday with many
stocks continued the recent strong run with
healthy volume and momentum, and now the
question on many readers' mind will be when
will it stopped and reverse or consolidate.
With the corporate result kicking off, there are going
to have some support to the current run as
expectation, prediction, hopes and optimistic
excitement comes in to the market.

My advice as always is to stick with the few
winners and monitor the accompanied volume
for any change of strength and momentum.
I got readers asking about Genting again and
again, and I have to once again say that this
stock is not currently in the play-up. It is stuck
within the range of 1.50-1.57 and a break of
either side will point to its near-term trading direction.
If you seriously want my view, I have to say that
I am more optimistic about the bull side.

There are rumours and reports in the market about
STX OSV being a buy-out target as its parent
company are trimming its positions in the stock.
If you just want a "reason" for its surge for the
past 2 days, then you can take it as it is.
To me, it is just a technical breakout and if the
stock can stay above 1.31, it will be heading to the
major resistance around the 1.37-1.38 region.

Yesterday, I mentioned that STX OSV may consolidate
around the 1.27 support level before heading higher
and it was indeed the case. The stock hit a day-low
of 1.265 and rebounded to close at 1.33 and day-high
of 1.34 As you know, this stock is one of the superstar
last year, and I maintain the view that it is going to
continue its "stardom" this year too. Frankly, I really hope
for it to be "bought-out" with a good exit price.
Crossing my fingers.......

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      .

Market View 11 January 2012

It was quite a good trading day yesterday
with many stocks that I mentioned in the
green. A few members asked me about when
is the starting date or the price from which
the stock will move up like 30-40% or 40-50%
as stated in the blog last week.
Well, you can look at the price on the same
date that I posted and multiply it by the expected
percentage or you can use the last transacted
price on 30/12/2011. Anyway, it should provide a
good guideline as to where the stock will go.


Just a few more points on some stocks before
my day starts. STX OSV surged past the 1.27
level after stopping there for a while in the morning,
and now it MUST stay above it. Its next resistance
will be at 1.31 level and if it fall through 1.27,
next support will be at 1.20 But looking at the volume
and transaction yesterday, it may need to do a
consolidation around the 1.27 level first before
heading higher.


Nothing much to talk about Genting as it see-sawing
around the 1.50-1.57 region. A deciding trend will
be decided when either side is broken.


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      .