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Tuesday, March 17, 2009

Market View 17 March 2009

Huat Ah!!
STI closed up a Huat 8.80 yesterday,
and I believe if you were in the market,
you should have made money from
Yanlord and Raffles, etc.

Enjoy the surge of Yanlord as it is
not going to last, as it is getting out of
the index on 23th March, and it should have
a drastic effect near that date. It should be
facing an uphill task to continue to surge
higher, unless there is another macro-fundamental
news from China that is benefical to the industry.
If you have went in early for Yanlord,
you should be sitting on a near 20% profits,
which is a reasonably good $$ in all accounts.
Watch for sudden south wind while enjoying
the surging north wind now.

Another stock that should have earned you profit
is Raffles Education. If you have been reading
and following my write-up, you should have earned
at least 20% on Raffles Educations in just 2 days.
Good $$ as usual.

It should be another volatile and rewarding session
today, as the Hot stocks will once again be
heavily involved in a tug-of-war.
I am still very much into the Hot stocks that I
mentioned: NOL, Raffles, Yanlord, Olam, Noble,
Straits, Sembmarine & Cosco.
They are in action everyday, and their daily price
range is well-supported with good volume support
and is always in demand.

Stocks should open weaker today, but I believe
somehow a couple of Hot stocks will continue
to charge-up and it should be another
good session. I believe the commodities are
itching for a good move very soon.

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

P.S.: Take note that I will going on a "retreat"
for about 2 weeks starting from 19th March,
I will be back in action on 30th March.

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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.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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