Market View 18 March 2009

Ok, this will be my last Market View
for about 2 weeks till 30 March
when I come back from "retreat".
I believe the following 2 weeks will
be even more volatile than this week
and it will present many trading opportunities
but at a higher risk, as we will really
find out whether we are really out of
the wood, or still far from it.

Yesterday, I specifically mentioned that
"I believe the commodities are itching for a
good move very soon.", and as expected,
commodities stock like Olam, Noble, Straits
surge through the roof. If you have entered,
you should have posted a 20-30% profits.
Congrats to those who followed.

Yanlord and Raffles also continue to reward
traders, and the profits is mounting to over
50% for those who entered early.
I have specifically given my view on Yanlord,
its surge will not be long, as near 23th March,
it should face fund selling.
Raffles is a typical textbook reversal model,
and it is continuing to be that way, and a surge
pass the 40cts mark is just a step away,
which can be easily done.

I am still very much into the Hot stocks that I
mentioned: NOL, Raffles, Yanlord, Olam, Noble,
Straits Asia , Sembmarine & Cosco.
But if I am still trading for the rest of this week,
I will turn cautious, and only followed the winner
stocks.

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