Did You Trade

Good Afternoon Readers,

Many traders are asking why STI is above 3000 but their counters are not moving much….

Most of the counters are mostly small caps.

My reply is “if my calculation is correct, today the Blue Chip will move first… then follow by the Small Boys, from tomorrow onwards….”

Let’s hope I am right and everyone can prosper before the April Month….

Kelvin Han
V3Go Chief Trainer

Good Morning Readers

V3Go Graduate Team have booked their last 10% HK Shorts as the market hit below 20600.
They shorted above 21500, 2 weeks ago. (http://www.didyoutrade.com/posts/v3go-graduate-team-added-more-shorts-into-sp-and-added-new-positions-onto-hk-and-simsci-while-booking-90-of-long-positions/) 

Now they are looking to go back LONG on this market if it crossed our V3Go MLP or TSC today.

DL is 20552… current at 20615

Good Morning Readers,
(1130hr)

Our V3Go Graduate Team shorted around our V3Go TAOS R/L  at 21600s and increasd positions at around 21250s level. They have covered 60% back at around 20860s.

Good Profit for them and congrats to those who followed!

V3Go Team

Good Morning Readers,

LionGold seems to be shorted by many traders today… if it maintain above $1.08 today, it may even go back to $1.15…

Traders are advised not to short it… Caveat Emptor.

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

Any BPL fans would have known that Torres finally scored and gave Chelsea a nice 5-2 while Man U thrashed its opponent by 5 goals to nil. A great weekend and it is time to do some soccer catch up and watch some drama serial like DICEY Business on SCV 855 (the free HK drama in Mandarin) while we let the market to cool down. The recent run been good and exciting BUT we believe, it is time to move out from the Long side and WAIT.

Our  V3Go Graduate Team, FYI, over the last week; They have booked all positions on Yoma, PSL, China MZ, etc… including exiting all their Liongold shares.

They are ONLY holding China Fashion and Asiasons for long term positioning. They expect a 3-5% correctional movement for the next 1-2 weeks time… thus taking a break while adding more HK Future shorts at 21360.

Kelvin Han
V3Go Chief Trainer

Good Day Readers,

The HK Future market tried to recover the losses that the market created 2 days ago but currently, it seems like it wont happen and if the market is to
lose 21261 level later, we might see a sell down in the market (now at 21370s)

traders just kindly be more careful in the market today.

Rem, trade to win… not trade to trade…

if you have missed the run recently… no worries, come back again the next time.. No hurry to trade if the odds is not with you.

V3Go Graduate Team have unloaded 95% of their long positions, at of this morning. Only holding some yOma, Psl and China Fashion.

Will be shorting more HK and SIMSCI if the market cannot hold. (Watch HK Future at 21261… it is a very important support)

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

Since last week, we been looking and calling on this counter; yOma when it was trading at around 39-40.5cts.

We even increased our stake when it traded 41.5-42cts recently. Now it is trading at 46cts.

We are looking at a short term target of 48.5cts and with a possible target of 52cts in 2-3 weeks time.  Support at 43cts.

This counter do have the potential to test 60cts in the next 2 months.

Kelvin Han
V3Go Chief Trainer

Good Afternoon Readers,

V3Go Graduate Team Have booked 90% of their Long Positions and added Shorts in the S&P at 1389 (shorted at 1396 this morning) and just shorted HK and SIMSCI at average 21530 and 349.2 based on TAOS.

We are advising traders NOT TO BUY anymore stocks for the time being unless you are willing to undertake the risk involved. Of course, nothing is 100%..
Caveat Emptor

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

With both the Dow and NASDAQ crossing the 13,000 & 3,000 last night, I am pretty sure that many traders are looking to go long…

Honestly, we would be unloading most, if not all, our long holding instead as we believe the market has peaked for this round.

Reason is that the upside from the US side came with low volume and this could spell trouble if the market doesn’t hold up strong.

STI, the resistance for today would be around 3025~3030 level. It closed 2989.

Therefore dear readers, I would appeal you trade cautiously today… many penny counters would be on the move today to attract “innocent” retail traders into the game… kindly be careful and ensure you stick with your personal money management plan.

Kelvin Han
V3Go Chief Trainer

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14th of March 2012
V3Go Market Outlook For March 2012 By Kelvin Han

Time     : 7pm-9.30pm
Venue  : ERC Institute @ Bugis (Level 6)
Opposite Bugis Junction (http://www.streetdirectory.com/asiatravel/singaporemap/business/123562/149041/)
Seats   : Left 19 seats
Register: Sales@v3go.com or SMS to 9270 8681 (Registration will close by 1700hr)
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Good Morning Readers,

This morning, we had technical issue with the blog admin side therefore our calls were not able to be seen but that doesn’t mean that we didn’t trade.

We were bullish in today’s market and the V3Go Graduate bought in additional $350,000 worth of stocks, on top of their holding ($330,000) as of yesterday.

We are looking at the STI to test 3000 this week (now at 2982)