Market View 22 Dec 2008

Last week was indeed a big winning or losing
week as I wrote on last Monday. If you went
into the market last week, and was in the right
direction, you will have profited big.
I believe most readers of this blog have benefited
from the volatility and the range of the hot stocks
last week, and can enjoy the Christmas and New Year
happily. :-)

This week is going to be a holiday-shorten trading week,
and the market is "expected" to be quiet and
less volatile. But in a pool of dead water, there will still
have some hot bubbles popping up.

The shipping counters' momentum is still strong
and likely to move on, for example NOL, Cosco,
Ezra, and I will be focus on last friday intraday
winner Raffles Educations, and also Yanlord
if its "strength" is intact.
I will be strict with my stops and so should you,
if you are entering any positions.

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!