Market View 10 March 2009

Ok, so the STI is at a 6 years low,
and Nikkei at 26 years low and
Mr Obama is in office for 50 days,
so am I giving 4-D winning numbers
for tomorrow??
Maybe, buy at your own dollar.
:-)

In my view, we are very near to the
end of all these misery, but all that we
lack or rather need now is Confidence!
Market Confidence, Investor Confidence,
Consumer Confidence, Common-People-On
-The-Street Confidence.
Confidence in the "system" had been eroded,
and it will take some time for it tofully recovered,
but it is doing so slowlybut surely.

Ok, back to our home ground now.
I am a trader, and that means that regardless
of the market sentiment or conditions,
there are bound to have trading opportunites
in the market, differentiated by the amount
of risk involved.

Most of the time, I only trade the Hot stocks
which will be actively transacted every single
day, and it will be volatile and liquid enough
to gain from it. I like to only stick with a
couple of them, as it is essential to just
concentrate the ammunitions to full power
and not disperse it all around.

Sometime I will fight a guerilla battle when
the signal is unclear, and the risk is high.
At other time, I will launch a full-scale attack
on the Hot stocks like Today.

Stocks are likely to open weak, but I believe
support will come in, and we should have
a field-day today. Stick with the Hot stocks:
Yanlord, Noble,Olam, Straits Asia, Cosco,
SembMarine, NOL.
I will be paying more attention to Straits, Noble
and Olam today, but the rest will still be watched.

As usual, enter a position will a Trailing Stop,
and Please practice strict money-management.
If you don't like what you see in the market,
simply don't trade.

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