Market View 16 March 2009

Ok, we were up strongly on Friday,
and the Uncle Sam continues to be
green, and more good news are coming
out, so are we out of the wood yet?

Frankly, we are very near, but not exactly
out yet. But it is this uncertainty and doubts
that is propelling the market right now, and
we can see how volatile the market can get to
sometimes. We will continue to see such effect
and better get used to it and deal with it,
rather than avoid it or deny its existence.

Last friday biggest winner is NOL, which surge
after its no-rights issue news announcement surfaced
at the lunch break, this is an opportunities that awaits
those who still believes in it, and trade it when
the news is out.

If you have followed my recommendation, you will
also profited from Raffles Educations surge based
on typical TA reaction. I have to warn the reader about
Yanlord which is going out of STI on 23 March.
Based on past experience, it is going to be "pump" up
to allow "certain" personel to get out of it, before
the whacking session will begin. Normally, it should start
to be down near 23 March, so keep a watchful eye for
any sudden change of wind direction.

I am cautiously optimistic that today's market action
will still be a much greener pasture, with a couple of
red flowers blossoming. I am still into the Hot stocks
that I mentioned: NOL, Raffles, Yanlord, Olam, Noble,
Straits, Sembmarine & Cosco.
It will be another interesting day for NOL, Raffles and
Yanlord, as they will be volatile and liquid, and can
move either way very fast today, I think I will enjoy
them today.

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