Market View 22 April 2009

Uncle Sam closed on a high note in overnight
session, and our market pre-surged and have
already factored-in this anticpated green closing.
I don't foresee any big movement in today
trading session.

As expected in yesterday's blog, we indeed saw
a couple Hot stocks reversing from red and end-up
in neutral or green closing. I believe some readers
should have benefited from yesterday's volatile
session.

I certainly don't foresee any drastic and huge movement
in today's trading, but if Hang Seng or Nikkei decide to
lead the surge (plunge), and the US futures is as rosy (bleak)
as it can get, then we will just drag along and perform.
Otherwise, we shall have a quiet and peaceful trading day,
in that some Hot stocks will still in the play.

I will be adding 2 more stocks into my stock radar screen,
and they are Indo Agri and Uniasia. Indo Agri looks very
well heading toward the magical mark of $1 powerfully.
I added in this stock in my another blog when it crossed
the 80cts mark, and if you have noticed it, you may have
profited from its yesterday forceful surge.

I believe many readers will remember the Uniasia saga
in 2007 when it staged an incredible and monstrous rally
from 0.50+ to a high of $2.97 in a very short time, and the
drastic fall to the hard ground which left many retailers
high and dry with their high entry price, and launch a
complain to the SGX. I don't recall any official statement
from SGX about this saga, and like it always do,
the rest is history. (I stand to be corrected about the official
statement)

I noticed Uniasia had an exceptional volume and range
last week, and I have been tracking its progress and
have decided to add it into my close watch. It is not to say
it will perform the "colossal" surge again, but if and when
it happens, I will know since it is under my radar.

Therefore I will be concentrating on my Hot stocks: Ezra, Cosco,
Straits Asia, Indo Agri, Noble, NOL, Olam, SembMarine,
Yanlord & Uniasia, Raffles Edu, Midas, Swiber.
I still very much welcome any powerful forced-selling and/or
profit-taking"exercises"being carried-up by the Houses,
as the filtrationof weak holders need to be carried out.
Show me what you got!

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.: I have updated the near-$1 stocks in my anotherblog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks heading toward $1.

P.P.S: For the readers who are also in my report mailing list,
you can expect to receive an email from me today asap.
Sorry for the long break.