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Tuesday, February 24, 2009

Market View 24 Feb 2009

It is always good to be back feeling afresh
and eager to face Mr Market again,
and that is how I feel right now.

So.... Uncle Sam suffered another triple
digit loss in overnight session, how will
we react? It seems like the our market and
in fact, market all over the world are getting
used to and seasoned to such fall that
the impact nowaday will be small as compared
to last year.

Expect a pool of red initially, as some gullible
and inexperienced retailers will be selling
to the market on opening, which they will
regret by the end of the day. I see supporting
buying coming in to snatch up the beaten-down
stocks and we are very likely to close way higher
than the opening price.

My focus will be on Cosco, which just announced
full-year result, Olam, with the convertible-bond
exchange news, Noble, NOL, and Straits Asia.
I will also be watching Yanlord, Ezra, Swiber, and
Semb Marine which has fallen enough into my radar.

As usual, enter a position will a trailing stop,and
Please practice strict money-management.

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

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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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