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Monday, December 15, 2008

Market View 15 Dec 2008

I will be very straight-forward about this week's
trading. This week is exactly the type that big
fortunes or losses happen, and I will be wary
about any trade this week.

To me, last friday's redness is not red enough,
but it may be the best that I will get from
Mr Market. I am looking at the bull continuing
the charge, but the momentum may not be
enough for a followthrough, and any "bad" news
from Uncle Sam will have a drastic effect on
our market.

If you see that I am having difficulties looking
for directions in the market, or writing ironic
and contradicting statement today, you are right.
I don't know where the direction will go,
and I am not going to predict or forecast it.
I will have to watch as the market action unfold its
real intention, and just ride on and follow it, and
be mindful of any turning of the tides.

I will be staying put with my Hot stocks as they
will be a good indicators of the real market actions.
I believe the first 30 mins of today market start will be
a guideline to where and how the market will go today.
Let the actions begin!!

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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

水能载舟,亦能覆舟!

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