Good Morning Readers,

 We are looking at the market to trade slight higher in the morning before another bout of profit taking to start coming into the market after 1115hr onwards. (as of writing, it is 1040hr). The selling from 1600hr yesterday was not just due to the News from Europe. It was a widely expected one.

 Look out for HK Future. Breaking below 20500 will be signal for today’s selling.

 Traders can still choose to buy if they believe what they are seeing is considered resilience but in my opinion; the game for this round is over…

Kindly note, we are still bullish in the market and expect more upside for 1st half of 2012 but no market moves in a straight line therefore a healthy correctional profit taking phase will do good for the market as investors must see confidence and support after the selling is over.

Iev, if fail to close above 84.5cts… it is time to book out….
V3Go Graduate continued to add shorts on Genting, Noble, Cosco, YZJ and the Bank counters.

Kelvin Han
V3Go Chief Tainer

Undeniable facts, Euro is coming down while the Dollar Index rose. US Crude hit a high above US$101 and now is back to US$98.40s. US Consumer Confidence came in below expectati0n. US Home Prices fell short as compared to the previous month.  

Yesterday, we saw the STI closed at the Day High on last 20mins ‘selective buying’ on certain Blue Chips.

With all the above, it fits perfectly into our system to warn us that a 200-300pts correction move by the Dow is just around the corner.

We have been warning traders since last week that the STI is likely to see further profit taking on the recent favourites like ie. Noble, Cosco, YZJ, Olam etc. Local Banks price actions are showing signs of exhaustion too. And yesterday we witnessed 21/30 Top Active counters were pennies and trading very actively, exceeding their average daily volume by huge %.

All these are typical signs of danger and seriously, any savvy trader should know that it is time to bill out from the market and sit on the fence, while awaiting for the next correctional move to come. Bulls and Bears makes money… Pigs get slaughtered!

We are looking at the US S&P to hit 1270 by next Monday or Tuesday. It closed at 1308 last night. 
STI Support will be at 2892 today. It closed at 2906.
Euro may hit 1.2880 this week. Now trading at 1.3090.  
US Crude may test US$95.80 by next Tuesday. Now trading at US$98.45

Caveat emptor.

Kelvin Han
V3Go  Chief Trainer

Due to the overwhelming responses, the Feb Market Outlook Talk by our V3Go Chief Trainer, Kelvin Han on the 8th of Feb 2012, is FULL. We have ceased registration. Thank you for the support.

We look forward to see you in the talk.

V3Go Team

Today is Tuesday and we know the likely direction of the market for today, thus that’s why since morning, we been informing traders to look out for Penny Counters to play…. as this should be the last leg of this run…

UniFiber is up 54% in a single day….. while STI is up less than 3pts….. you tell me this not craziness???

Today’s upside is expected since morning and tomorrow… will likely be a Day of Disappointment… So traders take advantage of today and stay out tomorrow…

====================

This is what I shared with my graduates online and I like to share it with you too….

Question to you, KEL:
Cillin T:

” On 25th STI +1.5%
  on 26th STI +0.1%
   on 27th STI +0.8%
   on 28th STI -1%
   sorry, it look more like a up to me “

KEL’s Reply:

On the 26th of Jan – STI rose 2.8pts…. but it hit a high 2917…. and closed below OP
On the 27th of Jan – STI rose 21.83pts …. but its high was 2916… closed above OP
On the 30th of Jan – STI lost 27ptspts… its high was 2907… closed below OP
Today… 31st of Jan (still trading) – STI down 2pts… its current DH is 2895….

up or down? you decide…

I am already mentioned, many blue chips volume have dipped and range are getting smaller…

The 1st and 2nd liners counters like Noble, Cosco, Sakari aren’t really moving

the penny counters are hoarding the limelight with 20-40% gain INTRADAY!!

So honestly… I am going to say this…. we have hit the end of this upside wave….

Tonight, likely chance to see the Dow UP a bit…

Tomorrow, likely to see more selling upon higher or flat opening…

Again, I can be totally wrong but I am staying away……

Today, i only play penny counters, in and out fast….

Not recommending anything else…

Kelvin Han
V3Go Chief Trainer

The USD Index have started to fall since it touched 82 on the 13th of Jan 2012 and has hit below 79.20 on last Friday. During this period, we saw the Dow rising alongside with the regional emerging Asia markets. USD crosses like Euro and Pound, during this period, traded higher on arithmetic reasons despite the economic fundamentals doesn’t support it.

Interestingly, even the mortgage-backed bonds are back in favor thus the RISK is back on. The Price Action on the Municipals confirmed it.  

V3Go Graduate Team bought the CHF (Swiss Franc) at 0.9130 and shorted more Euro at 1.3214 and placed a short position on the Pound at 1.5714. They also added more short positions on Crude at US$99.66 and new position on Gold at 1736.80

Should the USD Index rise above 79.50, they will add more positions on the S&P, HK and SIMSCI short positions.

Based on calculation, the markets mentioned above, are likely to PROFIT-TAKE for this entire week until 7th of Feb 2012. Traders are adviced not to enter the market on the long side from today onwards unless you are willing to take the extra risk. 

Wait for 1 week so that you can have a better long entry for the next rally that might stretch for 2-3 weeks  until 20th of Feb 2012.

On the 8^th of Feb,

We will be sharing on which counters to look at and the outlook for the STI. We believe some stocks are  about to move in waves once certain resistance levels are taken out. To register for a seat, kindly register @ www.didyoutrade.com/signup. For enquiries, kindly contact Ben at sales@v3go.com or 9270 8681.

Sincere opinion,

Kelvin Han
V3Go Chief Trainer

Do take note of the potential ‘profit taking’ mode to start from 1330hr as US Futures and NIKKEI are not holding up too well and some profit taking on the Blue Chips are clear while Penny counters are pushed up… a typical smoke screen for a plausible last leg of this run.

We are informing our friends and graduates to book profits and stay out from the market until the market completed this run.

Kelvin Han
V3Go Chief Trainer

1. Both STI & SIMSCI below OP (Opening Price) by a far figure

2. Most counters are “manufactured” with a high Opening Price today, followed by  huge volume thrown down on ‘innocent’ people who queued to buy at lower price this morning and now stuck with it,

3. Blue Chips are clearly booking profit… most of them are off DH (Day High) prices by more than 15-20bids…

4. Fed’s although did mentioned that they will ensure low interest rate environment which is good news to the Longists… but
it also meant that the economy need more time to recover… so the Smart Money will book on this news.

4. Last, retails are contacting their brokers and us, non stop since morning to buy and queue lower for stocks…

This is the breaking point…

Of course, the million dollar question is…. whether it (the market) will crack ?

Let’s see but I am sure the clock is ticking and this 6 days party will come to an end soon…

If I am wrong.. I apologize…

But if I am right…. traders just remember that I have warned you….. Take a rest and return  from next Tuesday onwards… Now is the time to watch TV and or spend some quality time with your love ones. Watching the market will make your hand itchy…. and likely to ‘cost’ you some pocket money… for nothing….  

Kelvin Han
V3Go Chief Trainer

V3Go Graduate Team have unloaded 95% of their IEV Holding (avg.53cts), 60% of their Noble at average $1.175.

The Team also unloaded their SIMSCI at (avg 320s) and HK Long Positions (19650s).
Still long in the S&P and Crude.

The Team is taking a break and going light on holding for now.

Note: The Talk For Tonight is FULL. There will be another similar talk on Saturday afternoon. Kindly register for it, to obtain details on how to join our 43rd Mentoring Program and get our V3Go Premium SMS Service. Contact Ben at 9270 8681 or sales@v3go.com

V3Go Team

CATCH The SHORT Sellers and Turn Them Into Your Allies!

 On 18^th  (Wed) & 21^st (Sat) of Jan 2012,  

We are conducting a V3Go Preview cum Talk on the Singapore stocks to take note of for the month of Feb and how to spot counters
attacked by short sellers and the ideal entry and exit point to maximize profits. 

To win on the long side, one must beat the Short Sellers. Let V3Go Academy show you the way in 90mins.

Get more information on how to sign up for V3Go Connect, our premium SMS stock alert service. 

Register for the complimentary talk 18^th  (Wed) & 21^st (Sat) ( @: http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html

For enquiries, please contact Ben @ 92708681.

Limited seats are available.

V3Go Team.

A summary….

First, Congrats to President Ma for his near 52% win in his President Election over the weekend. It was indeed a close fight and both candidates displayed great charisma, determination, drive and passion but honestly, I am glad the former won as it would probably be a better cause for the relationship between China and Taiwan.

Second, I am pissed with Singapore’s soccer team (LIONS XII) for such a toothless display against KEDAH and made the poor fans who travelled more than 14hours on bus, returned home disappointed. We really need STRIKERS as it is goals that win the game… draws can’t bring us far in the league.

Third,  we called for more upside on S&P on Friday but concern and downgrades annoucements by S&P on France, Italy, Portugal, Spain and others brought the market lower despite the better than expected US Data. i.e. Michigan Sentiment (http://money.cnn.com/2012/01/13/markets/markets_newyork/index.htm)

We (The V3Go Graduate Team) bought S&P at 1290 and the Day High was 1295 and we were stopped out at 1284. We bought at average 1240s. 
Thus we are fine.  

We  are heavily long in the SIMSCI from 305-306 level since last week and will be booking some partial profit later.

From the movement over the last few trading days, it is very clear that there are funds (Insti) entering our market and this could continue this week.
I am not recommending short sellers to come into the market despite the S&P chart look toppish for some profit taking until tomorrow.

I will be giving a talk on this 18th of Jan at my office and I will pick a few counters to take note.
I am also looking to LONG Crude Oil soon… for readers of my blog will understand what I am trying to say…. if not, do come for the talk.
Seats are 60% taken up for both days. Registration is a must. (http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html)

Kelvin Han
V3Go Chief Trainer