Market View 16 April 2009, the 101th posting

I just realised today morning this blog has
its 100th posting yesterday, and it is so
great to see that this blog has progressed
well, and I certainly hope that it has help
the readers in making any investment/trading
decisions. I believe that if you have followed some
recommendations in the blog, and apply
trailing stops, you should have made pretty decent
profits, if not a hefty one.
If you have benfited from my blog, I welcome and
appreciate any comment from the readers.
Thank you for reading my blog, and I hope that there
are many more "100s" for the blog.


We have seen many stocks that I kept mentioning/traded
surging to new height, and many of them were below $1
when I recommend them. Now, for example, Noble, NOL,
Olam, Straits Asia, Yanlord, Ezra, Cosco, there are now trading
above $1, and if you have collected them, you can be
staring at a >50-100% profits, it is how strong such
Hot stocks are.

So will this surge continues, and is this the start of the
next Bull run? It is rather early to state that this is
a major turning point to the good side, but my view is
just make full use of any such rally to pile up your
wallet and bank account, and you will have more
"bullet" to play with at the next surge. This mini-rally
will end somehow, and it is how you react when it turns
that matters. I remember watching an interview by CNA
to Mr Jim Rogers, and he said that we should have seen
A bottom, but it may not be THE bottom.
We will still see sell-downs, although it may not be that
drastic as before, if there are nasty economic/corporate news
out from Uncle Sam and locally, so be prepared for anything.

The current surge is really moving "fast and furious",
and I believe that many readers may not have caught
all or most of the winners, but as long as you have caught
certain "mad horse", you should be rewarded with a
"mad" profits as well. I saw many other trading blog
telling the readers that the market is overbought, and they
should sell everything and take all profits.
On my side, I tell people to have a Trailing stops when trading,
and follow the winners that are still green and intact momentum,
and be prepared for any sudden south wind, and let the
profits and winners run, and cut the losers short.
Simply, keep trading, but be prepared.

Now that many stocks have surpass the magical $1 mark,
I will also be shifting my radar for those near-$1 stocks
that will get "push-up" to the mark, and I will share
with the readers here. The sub-$1 stocks are at their
current price for a reason, and that is to be "pump-up",
and the $1 mark is just a stone-throw away.

For today, I still will be targeting to the still-green Hot stocks
in Ezra, Cosco, StraitsAsia, Noble, NOL,Olam, SembMarine,
Yanlord, & Raffles Edu, Midas,Swiber as backup. I welcome any
profit-taking "exercises" being carried-up by the Houses, but
I will still be in action today with the still-greens, unless there
are massive red tide in action.

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