Market View 31 March 2009

Ok, so Uncle Sam delivered a large triple
digit losses overnight, will our market still
have a good window-dressing session today?

We are very likely to see a weaker opening,
but the support will arrive promptly too,
as buyers taking this great opportunity
to re-load the good stocks that has been
sold-down.

There is a popular market rule stating,
"Don't fall in love with a stock". My personal view
is that it is an outdated general statement,
and to me, it should be "Don't fall in love
with the wrong stocks"
If you are "in love" with some stocks,
and it is those hot stocks in my case,
then befriend with them, and know their
pattern and behaviour, and you can trade and
invest in them safely and confidently.

I will be focusing on Noble, NOL, Olam, SembMarine
today, with Straits Asia, Raffles, Cosco, Yanlord
also in my radar. They should do well today to give
me a welcome-back celebration.

If you missed the past week's surge like me, it is
Ok, as you will see the same volatility and
price action this week. US market will be
jumping up and down, and our market will
just follow-suit, but the pennies and the
mid-caps will have their own supporters
and will surprise many with their actions.

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.: There is yet another even more popular
general statement, "Money is the root of all
Evil." The more-correct version should be
"Lack of Money is the Root of all Evil" well-said
by George Benard Shaw.