Market View 14 April 2009

I didn't went in many positions yesterday,
only involved in Ezra and Cosco's surge, while
watching for further weaknesses in other
Hot stocks.

Ok, back to local front.
The government now expects the economy to shrink
between 6% and 9%, worse than its previous forecast
for a contraction of between 2% and 5%.
The economy also contracted 11.5% on yoy comparison.
So how will our market react today?
And before I forgot, President Obama is going to
announce something significant tonight, and our market
will likely to factor it in as well.

Market should be pretty quiet today, while the local
economy news is absorbed and digested. I am hoping
for blood to flow in our market, although I will still
be focusing on those that are still strong and green.
Last few week's surge has propelled many Hot stocks
to great heights, and it is essential to take a breather
for future advancement.

I will be paying attention to the still-green Hot stocks in
Ezra, Cosco, StraitsAsia, Noble, NOL, Olam, SembMarine,
Yanlord,with Raffles Edu, Midas & Swiber as backup.
Deep in my heart, I am seriously hoping for them to
bleed in today's session, but I will see the actual market
sentiment and price action to decide on any trade on them.

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