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Monday, April 27, 2009

Market View 27 April 2009

This week, we only have 4 trading days,
as we are rewarded with a "Labour Day" holiday
on friday, and a super-long weekend is on the line
for many.


Seriously, I don't have a clear-cut view of this week's
trading. In my heart, I hope for stocks to drop for
one week, and Uncle Sam and STI to continue to
slide down the scale. But in my heart and chart,
I am looking at some stocks that are still strong in
momentum and should perform well this week.
Take note that any bad corporate result/data
from Uncle Sam and local will dictate how our
market will move.

Also, keep a watchful eye on the swine flu that
is on its way to spreading around the world.
If this flu gets worse, and many people get inflected,
and if it finally touchdown in Singapore, we will have
a great issue to deal with, as it will be another SARS
period for us again.
Stay healthy, and get prepared.

For this week and today, I will 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 will be fighting light battles with them unless I saw great
buying support and north wind blowing hard.
Nevertheless, I still very much welcome any powerful
forced-selling and/or "profit-taking"exercises" being
carried-up by the Houses.
Come on! Show me what you got!
Sell all you want, I can simply don't join in the market.
It is the "sitting" that makes me the money.
:-)

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

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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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