Market View 2 March 2009

It is another new trading day of the month,
and it is likely we will see yet another weak
opening today.

I received several emails over the last few weeks
asking when will the market stop falling and
reverse gear and go north. To say the truth,
I don't know, but I do know that it is very near
to the end.

If you are an Investor, you should start pumping
money into the market and snap-up good-value
Blue Chips, if you have not already done so.
The STI may still fall further down, but please don't
expect to catch the market at its bottom.
It is unrealistic and you will probably kick yourself
when the market recovery comes, as it will fast and
furious as any available funds will rush in when
there are clear signals. It is at this wonderful choppy,
muddy water, that you can catch the Big Fish.

Ok, for the traders, I only can tell you to stick to the
Hot stocks, that will surely be volatile, liquid and
alive for you to buy and get out. Set a trailing stop when
you enter a position, and never never double-up in
a losing position, as you will very likely end-up with
a even uglier result.

For today, it is a pool of red flowers again, but as
always, I believe we will still see green lively
leaves popping up later. Stick to current Hot stocks
like SembMarine, Straits Asia, Noble, Olam, NOL,
Yanlord, Cosco.

As usual, enter a position will a trailing stop,
and Please practice strict money-management.

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