Market View 24 April 2009

We are at the last trading day of the week,
and it is turning up to be another good week
for Uncle Sam and our local market.
Although I feel that the markets should take
a well-deserved break, and retrace further,
Mr Market is thinking otherwise.
It is always the market leading the man, and
not the opposite, but as time goes by, the
chances of a eminent south wind increases.

I mentioned 2 stocks, IndoAgri and Goodpack,
in my other blog, and they are doing very well,
if you have noticed them. IndoAgri's surge maybe
due to the bullish report by a foreign research house,
but it has been up about 20% since my entry in the blog,
and well heading toward the $1 mark.

I added Goodpack in my blog yesterday when it closed
at 80cts on Wednesday, look at its closing on Thursday,
it is at an wonderful price of 87.5cts, with a day-high
of 89.5cts, but with a low volume.
No, I did not "cause" it to surge.
But as what I have mentioned before, stocks are
in the 80s region for reasons, and one of them is
to prepare for the surge to and pass the targeted
$1 mark, so keep a look-up for all these potential
$1-seekers in my the other blog.

I believe we will see a pretty quiet day, and it is
likely to be the same state for the whole day.
I am cautious today, and will only trade light on
those very Hot stocks, like IndoAgri.
Therefore, I will only be concentrating my bullets
on the 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/orprofit-taking"exercises"being carried-up by
the Houses.
Come on! Show me what you got!

As usual, enter a position will a Trailing Stop,
and Please practice strict (Risk)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