Market View 23 Jan 2009

Will the market benefit from the Budget 2009?
Will we have a post-Budget rally today?
Looking at how we respond to the Budget yesterday
afternoon, it is likely to continue to today's session.

Yesterday, I was stopped-out in a couple of positions,
but I am still in the money, as I am using trailing stops.
Just as well, I can do some pre-CNY cleaning and tidying
of my house. :-)

Today session is likely to be a boring and draggy tug-of-war.
Many Hot stocks are off the glow and may continue the slide-down.
I most likely will be sitting out watching the pre-CNY movie
showing in the market, unless I see volume and volatility coming
into the stocks.

I will be taking one more CNY break on 28 Jan, and will
only be back in trading on 29 Jan.
Please practice strict money management.
I wish all the readers a very Profitable year of the Ox!
Stay healthy, and be prepared to earn much more $$$
this year!!

恭祝大家牛年行大运!
在股市里左右逢源，
财源滚滚来，
身体似牛健壮，
发， 发， 发!!!!!

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 !!

市场生存座右铭: 风林火山