Singapore Stock Lobang

Friday, January 11, 2013

Market View 11 January 2012

Once again, it was mentioned in ST that the
STI is at a 2-year high from the recent strong
surge. Also, in the previous page, DBS Private
Bank CEO, Mr Lim Say Boon, stated that "Stocks
will be year's top performers", which I agreed and
also highlighted it in the blog days ago. He also said
that "A correction is probably due now, as we've
seen quite a run-up. But I think prices will grind
higher in the course of the year." I sounded the
caution days ago and although can still be in the
market right now, be vigilant and prepared for any
reversal in the pipeline.

I have been rather busy with personal matters
and issues, so seriously, I have not been making
as much contra and intra trades as I wanted.
Fortunately, I called for a strong Buy during last
October to December period, therefore I have also
accumulated a decent amount of stock holdings.
I even stated that the readers will regret not taking
an action during last October and I have readers telling
me "I Should Have" again. I can only say.....
The Rest is History.
Give me some time to settle my matters and I will
be back with a vengeance. For the Mentor Group
members, as per what General Douglas MacAuthur
once said, "I shall return..."

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

Thursday, January 10, 2013

Market View 10 January 2012

A reader asked me yesterday what do I got to
gain by sharing in the blog. I told him whenever
I share, the readers only got to read it once,
but I got to learn it many times. It further reinforce
my knowledge and belief of what I learn from
Mr Market over the years of interacting with him.
I went on to give an example that we all will relate
during our schooling days. I am sure that regardless
which subject or topic that you attend, the lecturers
will give out notes. Some people only study the notes
and go for the exam. Some bought the recommended
textbook and study further. Some read and study beyond
the syllabus of the course material, textbooks.
Yes, the one who study the most may not be the one
to score the best in the exam, as the questions may
all be covered by the notes handled out. I call that being
exam-smart but guess who will be the one to really benefit
in the long-run.

Treat my Market View as just notes and it is really up to
the individuals to fulfill their own hunger and desire to
really learn more about Mr Market. I read a lot of books,
both on and off the stock market/trading/investing and
sometimes, I feel that I read too much, but when I talk
and share with the friends and relative, you should
see the look on their faces. That keeps me going....

ST finally highlighted the penny stock mania that
is happening currently and also sound a caution
to the readers today. Well, I have stated my view on
the micro-pennies run-up and just look the trading
volume of some of it can really spoke me to other
stocks in my other watchlist immediately.
Am I already all out of the market at this time?
No, I am always in the market with some transactions
and always alert to the slight turning and reversal
of the market action. I guess it is call the Instinct.

Wednesday, January 9, 2013

Market View 9 January 2013

I have nothing much further to add to recent
view that market should be heading to a short
and temporary breather. My bullish view on the
2013 market remains and I still don't see anything
that will derail the market as yet. It is totally
perfect normal that the market is subjected to a
profit-taking action after the recent strong surge
and it will only recover and charge back stronger
than before.

Oh ya, if the readers are still interested in the
Value Investing Summit 2013, there are still tickets
available. The price now is 199 per ticket for the
2-day event which is still a $50 discount than the
normal price. You have missed the early-bird discount,
but it is better than to late than never. I saw that there
is still the offer price for the 2nd ticket bought and this
New Year Deal will only last till 13th January and I
expect the organiser to increase the price after that.

To me, the current surge will end very soon and it
will be interesting to see who have been swimming
naked and who will be the last one holding the baby.

Tuesday, January 8, 2013

Market View 8 January 2013

Suddenly wherever I go, I can see that there
are more interests in the stock market now.
Yesterday, I went to buy a drink at a traditional
provision shop and I saw a TV next to the counter.
The screen was showing teletext and it is on the
page 305 which is the Top Volume. The old shop-owner's
eyes were sticking to the screen that even when
I stood infront of the counter, it will take him a while
to realise that. Look like even the not-so-active
retailers are also into the market, but sadly I can only
see micro-pennies in the Top Volume and I wonder
which penny he is in.

Just to clarify what I have been writing here over the
last few days. I am just sharing my experience and
observation that I have been through with the readers.
It is always the case that the pennies, worst if it is
the micro-pennies are the last to move in any run-up.
And guess what, they will be the first to reverse when
the selling comes. I have not touch all these micro-pennies
for a very long and I won't even see them even if they
are being "promoted" as multiple baggers until they have
reach a certain stage. Well...if they are really 5, 10 times
baggers then you won't miss it anyway.

To me, the current surge will end very soon and it
will be interesting to see who have been swimming
naked and who will be the last one holding the baby.

Monday, January 7, 2013

Market View 7 January 2012

A sincere apology to the readers of the blog
as I have been pretty busy with some personal
stuff that need to resolved lately. I will be busy
this week too but I believe I won't be missing
out much and the reason will be revealed below...

If you look at the our market now, you will agree
that we are in a stage of 鸡犬升天, as we can
see that the Top Volume are flooded with so many
"unknowns" and their trading volume is incredible.
You should realise that the micro-pennies are the
LAST to move and this is the situation that we are
looking at now. From last Friday's closing figures,
I only see Golden Agri at the 36th position while
the front were dominated with the speculative
micro-pennies with many even below the 10cts mark.
Genting sat at the 41th seat, Noble at the 59th,
YZJ is further back at 68th position, and Olam
is at the unthinkable 101th position in the Top Volume.
You should know that I don't like such an occurrence
and I believe you know what will happen next...
It won't be pretty, but it is much needed.
上帝要你灭亡，必先让你疯狂! 覆巢之下无完卵!

Friday, January 4, 2013

Market View 4 January 2013

I am in a rush this morning to be out to
settle some issues and getting some loose
end done with.

To keep the story short, I have 2 very interesting
incidents yesterday and I like to share with the
readers. First, I took a cab to my destination and
guess what, the cab driver was telling me about
the stocks he bought and showing off the "paper"
profits that he had. I asked him what stock he bought
and how he monitor the stocks. He replied that some
"unknown" names and said that his broker will
call him to tell him when to sell. I was pretty shocked
to hear all these and I advised him to keep a close
look-up himself but given that he is on the road most
of the time, I guess he can't really do so.

Few hours later, while having my dinner, I can't help
but "overheard" the loud conversation on the phone
from an auntie at a side table. She was saying something
like this, "My friend made 40k on MDR...she tell me to
just buy, so I also bought some this morning...doing ok
lah..got go up a bit...see can make the 40k also then
I will sell..."
I don't know about your reaction but it doesn't sound that
alright to me. and guess what will be my action!

Thursday, January 3, 2013

Market View 3 January 2013

Congrats to the many readers who bought stocks
last year during the October-December period and
is sitting on a good profits or have already taken the
profits. Our market pre-surged yesterday in anticipation
of a good rally in the US which duly delivered. Stocks
are expected to open higher today but there are signs
yesterday that the play-up may be ending very soon.
I saw Ezion taking the lead to move backward at closing
and also a handful of stock closing way below the day-high.
If the stocks test the yesterday day-high again and
reverse the direction, then please take some money off
the table immediately. Frankly, I have already to lock
in good profits and have advise some readers on Skype
to do the same too. For those who heed my recommendation
way back few months ago, you should be laughing, or at
least, smiling all the way to the bank already. Don't worry,
the current surge is very normal, it is what was termed as
Capricorn Effect and coupled with the Fiscal Cliff wayang
show, the surge was quite impressive. When the craze is
rested for a short while, the play will be back again.
I will be pretty busy this couple of days both on and off
the market that I may not be present in Skype and will have
a delay in time in my email replies.