Good Afternoon,

After our 29th V3Go MP, I took a break from the market yesterday and will only be back in full force after today but being a trader cum trainer, it is really difficult not take a peak at the market as my HP and Email keep ringing in with SMS and questions.

” Is this the start of the crashing down from now onwards??”

” Can UTD average down??”

” Could USD hit 85 against the YEN?”

” Dow to return back to 8000?”

” STI to return back to 2500??”

Here are my excerpts of my answers to them and I decided to share it openly to the market who may have the same questions in mind…

” Is this the start of the crashing down from now onwards??”

My Answer: I doubt so as its very clear that the Blue Chips are NOT SELLING but primarily are the Penny Counters and the S Shares that are taking the brunt of the selling. As long as the STI remain above 2569, I expect the STI to hit 2756 within the next 2months instead as the trend is very clear; moving on a higher high and low cyclical movement since March 2009.

” Can UTD average down??”

My Answer: I have been recommeding this stock because i like the fundamental of it and of course, its movement been alluring but I did warn that the PE was alittle high for concern when it was trading at 50cents so traders who buy it, must have the holding power. Now this share look very cheap to load. There is a difference between a cheap share and a share being cheap.  And I think this share is the latter now. The market is selling because they feel that UTD is using good money to chase after the bad money on this stock, due to their interest into Asiawater which is currently suspended. Honestly, I am rather surprise with the move too but to me, when I look at the EGM mins of Asiawater and chart movement of it, I think the New Management may have new ideas to turn around the company and IF THAT happen, the share price when open should actually trade higher and if that DO HAPPEN, then UTD should benefit from it. I doubt UTD management is that dumb enough to buy into a same sector stock unless there is a strategic alliances between them. So I will wait for correct entry price and buy into this stock instead. Now, with more 117mil shares traded, the highest volume for now, since the near 85mil transaction on 18th of Sep 2009. I suspect that the support will be around 38cents for now, using common TA knowleddge.

” Could USD hit 85 against the YEN?”

My answer: Based on chart, 88 seem to be the level to match for support for the time being while news from the G7 and G20 seem to want the dollar to strengthen. Based  on V3Go TAOS, the support should be around 88.80 for now.

” Dow to return back to 8000?”

My answer: NO unless we see another big company to fall like Lehman PLUS stocks at super high PE and Price Level or Inflation at high.

” STI to return back to 2500??”

My answer: If the USD strengthen against emerging market, there could be a chance to have Asian stock market to go down initially on profit taking. So my answer is STI must not close below 2583. If yes, then 2500 could be a possible fact first before it can rebound back to 2700.

All the above answers are MY personal viewership of the market thus disclaimer as usual apply over here. Take my comment with a pinch of salt and see if you concur. If you disagree, no problem as everyone reserved their point of view. No right or wrong answer for the market.  Have a great trading day ahead.

Kelvin Han
Chief Trainer
V3Go Mentoring Program

Good Morning,

With the Dow ending in the red, traders are expected to stay cautious towards the market today BUT personally, I’m looking forward towards it instead as a BUYER instead.

Based on our V3Go techniques, the STI closed at 2663 yesterday, above our V3Go DIFF R/L 2651. The closing formation is a Bullish Formation thus traders are expected to stay on the long side IF the STI stays above the Opening Price of today.

But there are 2 points to watch:

(1) The LB of the UT TSC is around 2681 so do expect initial resistance in the morning

(2) The V3Go W% Indicator is a downside sparrow so if the STI stays below the OP of today, the market may face resistance initially. But also because its a ‘downside sparrow’ formation, a lower opening may assist the buying if the STI goes above OP.

The resistance for today should be around 2685, the V3Go TAOS level.

The Singapore Dollar is hovering between 1.41 to 1.42 over the last 6 days and I suspect more strength in the Singapore dollar to come in soon and test 1.405 again. Currently trading at 1.4160. A stronger SIN should give investors the confident to stay with the local stock market.

Today, do expect market to focus on the Hang Seng market for direction as China market goes into a long Holiday to celebrate their Golden Week.

The HK may test 21692 (closed at 21013) within the next 1-2 weeks.

Stocks in watch: Genting and its Rights and oil/commodities stocks.

Currently, NIKKEI and S&P futures are trading above their OP of today.

Disclaimer as usual

Have a great day ahead!!

Cheers!
ps: Credit Swiss – downgrade Genting once again… i really enjoy this call.

V3Go ExPRESS Tonight: We are 60% filled for tonight’s event. Guest Appearance, Shawn Tan, will be showing his trades on how he made more than S$30,000 on United Environment Tech in September. To attend this ExPRESS, RSVP with Herman at 9729 5814 or sales@v3go.net . You can bring along more friends so that you can have more opinion of what you are going to hear by us. See you!!

Good Afternoon,

Do take note of the Dollaryen as I suspect Timonthy Garthner’s statement of a stronger dollar is needed might just slowly seep into the market and if that happen, there should be some initial profit taking on the emerging stock market first before the entire market starts it upside, together.

The Japan stock market should be the first country to benefit from the stronger dollar as the recent rising yen levels gives investors little profit margin during export but on the other side, it had strengthened the book value/asset of the country’s wealth and this could spark off the new catalyst rational of Upside to 11,200 by end of the year, based on my forcast. The current level is around 10,025.

Disclaimer as usual

Kelvin Han
V3Go Chief Trainer

Good Morning,

With the result of the FOMC coming out later which I think will be a non event, I believe the market might go into profit taking mode later as this morning, the STI traded an intraday high of 2698 which missed the high created on the 17th of Sep, 2699. This could be a lower high cycle so if market fail to stay above 2685 today, then I expect profit taking to set in.

Based on our V3Go method, there is a BC at 2695 area which the market tried. Failing to stay above it equal to resistance for the time being.

Support for today is at around 2667, the LB of our V3Go TSC (UT).

Here is what I shared with my graduates this morning at 9.36am

Warning: STI is up for a few days especially on the penny counters. I know many of you may have made some good (cash)(cash) for yourself recently. But remember, others also made good bread too so it will be good that you lock in some and wait for the next round. Keep jumping into the market when its already WENT UP is a very dangerous thingy to do unless you really want to RISK whatever you made over the last few days.

So my personal advice to you, book some profit as the market strength is there and then set trailing stop for the rest of the positions.

V3Go cultivate you to buy when market calls for buy while no one is buying and educate you to take profit when market say sell while everyone is buying into it. I have reduced 80% of position to cash as I am writing now.

Cheers!

Tonight: I will be show casing you a STEP BY STEP trading journey of how a graduate made money from trading the dollaryen then to Euro, Pound and SIMSCI. You will get to see how a V3Go Graduate traders in the market while people gets out from the market. We will also showcase on how we pick United Environment, Yanlord, Genting and Sinotel recently.

Seats are hotting up, so RSVP with Herman at 9729 5814 or email us at sales@v3go.net now. Graduates are encouraged to attend!

See you tonight!!!

Cheers!

Kelvin Han
Chief Trainer
V3Go Mentoring Program
28 Batches since 2006 and still going strong

Good Afternoon,

With the FOMC meeting around the corner,it is very high chance to expect Bernanke and coy to say that interest will be put on hold for now BUT should see a possible increment later this year.

With that, we can see the Dollaryen hitting below our V3Go UT TSC LB thus its good to sit out for a while on the long side and wait for the next wave WHILE one can look at the  Euro and Pound

British Pound is a good long candidate as it shows a DT TSC with -ROC getting smaller and today open outside the TSC. Dollaryen long should be stopped out by the breaking down below UT TSC

Euro Dollar also showing the same thing. Euro should be stronger and better bet than the Pound since the former economy is much stronger than the latter.

So if you want to see how we read the market, we will be doing it ‘Live’ on how we interept the US Economy vs the US Interest vs the World Stock Market. Chief Trainer Kelvin Han, will cover on how he forsee the movement in the next 2 months and how one can capitalize on it.

See you tomorrow!
Contact us at 9729 5814 or sales@v3go.net
V3Go Graduates are encouraged to turn up for this event

V3Go Team

Good Evening,

Do expect some profit taking on the dollaryen… personally, targetting 93.57 to be traded.  Now trading at 94.60 level.

Disclaimer as usual

Kelvin Han

V3Go Team

Good Evening,

Using our V3Go tools, the Dollaryen may be a good long candidate as long as it trade above 93.07 today.

Your stop can be around 92.50 area

If dollaryen can trade and close above 93.18, then there is a chance for the currency to trade higher… longer term view may see the currency back to 96 level.

Cheers!

Disclaimer as usual

V3Go Team

Good Morning,

Dow ended positive for the 2nd day in the row but market is still jittery as we enter into the 2nd Quarter reporting period.

Using our V3Go Tools,  V3Go DIFF Indicator, as long as the STI maintain above OP today, there is a very good chance of the STI to continue its upside to 2352 area in the time to come as the market closed above our V3Go DIFF R/L level, which indicate possible bullishness in this market.

Based on our V3Go TSC, the MAGIC Number for today is actually 2307, which co incidentally, is the closing price of the STI, yesterday. So One must watch for it. If the market fail to maintain above this level, there could be a chance of some profit taking.

But since our V3Go W% Indicator is a maiden upside crossover, as long as the market maintain above OP, the upside should remain.

Thats for the STI…

Now the other 2 important thing to watch are

(1) Oil – Based on our chart pattern, last night, closing is the first positive ROC on a downtrend thus this could spark off some short covering on this commodity today, especially since today is a Friday, the last trading day of the week. The market seem to find a base at around US$60. So as long as the crude maintain is fine but if it goes above US$62.26, then there is a good chance of this market recovering back up and that might be the reason why we are seeing some of the oil related stocks rallying since Wednesday afternoon. ( During the ExPRESS session that we held on Wednesday, we already mentioned that one should start looking at the battered down Oil related stocks and once again, we were PROVEN right as many of the oil related stocks, e.g. Keppel Corp, Straits Asia, Wilmar rallied. It make more sense to accumulating these oil related/indirectly related stocks first before the main commodity move right? This is a Human Game thus it make sense to understand the Big Picture first )

So continue to watch the oil related/indirectly related stocks

(2) The YEN, as long as the dollaryen finds support at above 93, then there should be a good chance of the market stabilizing and recovering, based on our V3Go TSC IP level. So one to watch this 93 level closely. Any recovery will help the Japanese Import and Export business to recover and reduce their customer’s exchange burden. And if that happen, the stock will recover.

One thing to note is that the USD is indeed weakening and that led to panic across the board but to me, I think that with the USD (Greenback) coming off, it actually gave investors a good chance to return back to the market to accumulate so instead of reading its as bad, I read it as a good opportunity to buy back shares at a cheaper price. Of course, buy shares that are cheaper now and NOT Cheap. There is a big difference in the two type of shares. A lowering currency will bring profit taking by people but that also usually spark people thinking of more selling to come but usually we see that stock market goes down on weakening currency but once the currency market recover, the stock market also follow suit so to solve the question on whether when one can start looking at shares, the answer should be now. Do some backtesting and you will see my point. Remember, forex market always move ahead of the stock market and stock market always move ahead of the economy/business cycle.

Have a great trading day ahead!!

Cheers!

Disclaimer as usual

Kelvin Han
Chief Trainer
V3Go Mentoring Program

Good Morning, (0820hr)

On last Friday, we saw the Dow trading inbetween the the positive and negative zone before succumbing down the latter side. While the Dow was rather disappointing in its movement, the NASDAQ climbed 19pts to close at 1827. So traders are expected to watching out on the technology sector for today.

Based on the chart pattern, the NASDAQ near term support will be around 1807 while resistance should be around 1862 area.

For the Dow, which closed at 8539 on last Friday, the nearest support will be around 8497 while the first resistance is 8555. The market tested it on Friday with an intraday day of 8590 but failed to close above it. If the Dow can go and close above  it, then 8799 will be the next level to watch.

With a pretty volatile week ahead since we are going to have Fed Meeting, a slew of   economical data coming out, traders are adviced to expect the unexpected.

I think, the basic bottom line is whether the recession is over? That’s the trillion dollar question as more than 2 trillion dollars have been pumped into the economy by different countries.

Based on the statistic from www.cnnfn.com

The average duration for the last 10 recessions was around 11months while the longest as you can, is in July 1981 for nearly 16months. But as of today, the current recession seem to be 19months already if the world accept the fact that we started to have a recession from Dec 2007 and until todate, we are still inside it then this duration really break the all time post WWII record.

But frankly, I think we have seen the end of recession as economical numbers are picking up from the lower end of it. Yes, the numbers are still bad and pretty bad but if you compared to the lowest/worst, I think it is very clear that is why the stock market around the world have recovered more than 35% across the board since March 2009.

The stock market always move ahead of the economical numbers and that’s why the stock market peaked in October 2007 but until late 2008 then the market realised/reviewed that we started to have a recession since Dec 2007!!!

That is why we hardly want to wait for the economists/analysts to tell us what to do. Normally, they are way way behind or speaks on hindsight… whether their delayed sharing intention was genuine or on other purpose, I believe you will know better than I do. *wink*

Nonetheless, today will be another interesting day as based on our V3Go Tools, the STI is DT TSC with a positive ROC on a SHP. So 2258 is the level to watch. With a closing of 2273 on last Friday, the market for today MUST stay above OP + above 2258 for any possible chance of upside. If not, one can go short on the market IF the stock market goes below 2258.

Based on our v3Go W%+MA Indicator, the STI is a downside sparrow formation so if the STI opened higher, based on V3Go Rules, once the market goes below OP, there should be some profit taking. BUT after the selling, if the market can recover above OP, then one must take note that market may actually trade higher later.

The V3Go DIFF R/L is 2275 so as long as the STI stay above OP + above 2275, there could be an upside potential to 2391.  So do expect a tussel fight between the BULLs and the BEARs at around 2275 area for today.

 Stock to watch out (Long Candidate)

(1) Yanlord
(2) Ezion
(3) Noble
(4) Ausgroup

Over on the NIKKEI Future side: ( Using our V3Go TAOS )

The Support for the NIKKEI is 9735 while the Resistance is 10120. Friday it closed at 9775.

Over on the HK Future side: ( Using our V3Go TAOS )

The Support for the HK Future is 17761 while the Resistance is 18836. Friday it closed at 17915.

Over on the Crude Oil Future side: ( Using oue V3Go TAOS )The Support for the Crude Oil Future is US$68.09 while the Resistance is US$71.37. Friday, it closed at US$69.55

Over on the Gold Future side: ( Using oue V3Go TAOS )The Support for the Gold Future is US$926.90 while the Resistance is US$961.30. Friday, it closed at US$934.00

Over on the Euro Currency Future side: ( Using oue V3Go TAOS )The Support for the Euro Currency Future is US$1.3790 while the Resistance is US$1.3934. Friday, it closed at US$1.3930

All the above levels are meant for today, it may changed tomorrow. So unless you are a V3Go trained, if not, one should only use the above information as reference only.

We, at V3Go Team, sincerely hope that you will make MORE Money today with our technical view.

Cheers!

Disclaimer as usual

Kelvin Han
Chief Trainer
V3Go Team

Good Afternoon,

Over the last few V3Go ExPRESS Sessions, I have been sharing about the dynamics between the Singapore Dollar against the US dollar vs the STI. I was pretty worry when I saw the SGD trades to 1.4645 recently as that might just put the stop to the musical chair for the STI but it seem to be unable to cross 1.4566, despite testing is twice in a row so I guess, we can still see further strengthening of this currency.

If this continue then the STI may potentially try to test its resistance of 2396 based on our V3Go TAOS technique, within today or tomorrow. STI closed for lunch at 2373 at 12.30pm.

One must watch this level carefully as failure to close above 2396 might just bring the market back down to 2325 level in the short term.

So traders, take note of these numbers and enjoy the ride…

I will be sharing the possible relevance of the SGD vs STI during our V3Go ExPRESS. Tonight is your last chance to register and get discount for our upcoming 26th V3Go Mentoring Program as the next 27th Program will be in late July 2009.  The longer you wait/hesistate, the more you missed out!!

Contact V3Go Herman NOW!!! At 9729 5814 to speak to him to RSVP your seat. You can also SMS and state your name and how many seats you need for tonight to be reserve for you!

Do Make more money and kindly donate 1-5% of your winnings to Charity. Most 7-11 stores will have a donation box by the counter.

Cheers!

Disclaimer as usual

Kelvin Han
Chief Trainer
V3Go Team