Market View 6 March 2009

Another sharp triple digits fall by
Uncle Sam, so followed by another
weak opening by our market,
what else is in store today?

As if a premonition or sorts, after I
specifically mention about cut-loss
aka stop-loss and trailing stops,
the market stop and reverse to south
gear within 2 hours of opening shop.
I hope that all have gone out of the
market unscathed and was already well
rewarded after 2 great trading days result.

Today if you are not used to such a
bloody day trading, simply close for the
week and enjoy an early long weekend.
Yes, stocks will open low, and I will be
paying close focus to the 2 'N's: Noble & NOL.
They are very close to the magical $1 mark
yet again, and I believe history will repeat
itself and the same pattern will be fulfilled.

So can some Hot stocks become green
at the later part of the day? Possible.
We already "pre-dropped" yesterday,
so I will not be surprised if we were to see
green leaves popping-up, but there is
still quite a resk today to get into the market,
as it is the last trading day of the week,
and I certainly don't recommend holding
stocks over the weekend. Anything can happen
in these days.

Stick with the Hot stocks: Yanlord, Noble, Olam,
Straits Asia, Cosco, SembMarine, NOL.
Be cautious today, and fight a guerilla battle
with a prompt exit if your trade is at the
wrong side of the road.

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