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Monday, December 1, 2008

Market View Dec 01 2008

It is the start of another trading week,
I hope you are ready for it!

Last friday, Noble staged a wonderful
surge pass the elusive $1 mark, but
ended at a bid below at 0.995
This is the kind of stock that you
need to have in your trading watchlist.
Another stocks that is in the $1 waiting list
is Olam.

I expect to see initial market weakness at
the opening bell, and profit-taking of
recent "too-hot" stocks. Nevertheless,
a handful of stocks will still continue their
upsurge trend.

My radar screen now consists of the following stocks:
Cosco, Ezra, Li Heng, Noble, NOL, Olam, Straits Asia,
Yang ZJ and Yanlord. I will be trading the last friday's
IPO Otto Marine if I see it move pass its listed price
of 0.51 Take note that this is a risky trade.

Ok, I am ready for the opening bell in 15 mins,
let's the show 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

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

狂风暴雨终须竭,旭日东升照九洲!

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Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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