Market View 11 March 2009

Ok, so Dow surge up 380 points,
and Citigroup is said to be in
profits in the first 2 months of 2009,
and once-mighty NOL dropped to only
0.935 yesterday, so how will Merlion
react today?

Yes, we need news, and Good news
if it matters, and Many Good news
to overturn the whole lousy situation.
It is coming, alas gradually but surely.
We are not totally out of the wood yet,
but we can see a clear path, and
if we keep on following the North Star,
we should see the Bright Light soon....

Now, most stocks will jump up today, as per
normal, but not that many will sustain
it till the end. Today is not a day to be
a Hero and throw caution to the wind,
and only a selected few will continue the
surge today.

I am targetting Olam, Straits Asia & Noble
as the main objectives, while keeping a watchful
eye on Yanlord, SembMarine, Cosco and NOL.
So who will be the next victim to fall like NOL
down the $1 drain, can it be Olam & Noble?
Anything is possible, but it will required a
great "effort" and dreadful event or news
to make such a powerful impact.

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