Market View 29 April 2009

Ok, what else can I say?
The Swine Flu worries and fear had swept
across the world markets, and the indexes
and stocks are sliding down, and rightly so.
But one got to wonder why did our market
& Uncle Sam only dropped teeny-weeny points,
while rest of the Asia and Europe markets
reacted more drastically?

Now that we have raise our alert level to "yellow",
and MM Lee said that we are prepared for the
Swine Flu from our experience from SARS,
and we got all precautious in place, our market
should at least take a break from the 2 days'
slide. Nevertheless, Stay Healthy, don't need
to panic now. Life goes on as usual, just be prepared
for any happening.

Yes, sentiment will still be very weak, and any
bad news on the Swine Flu from aboard and within
will once again cause sellings across the boards,
but I believe investors may have started to nip-up
some good fundamental stocks which will be the
first to react up once the coast is clearer.
The market will start to move up before the Swine
Flu is "officially" cleared, as it always move ahead
of any news in anticipation, so you may, just only may,
miss the boat again if you wait, wait, and wait for
the clear sky.

Stocks will open weak, or neutral, but it is likely the selling
will not be that Fast and Furious, unless we have
bad news coming in. I will be cautious in trading today,
and will stick to those in the green, or in the news.
Stay on the sideline if you want.

I will be nimble for any quick trades, if possible, and
concentrating my trade on the Hotstocks: Ezra, Cosco,
Straits Asia, Indo Agri, Noble, NOL,Olam, SembMarine,
Yanlord & Uniasia, Raffles Edu,Midas, Swiber.
We just may see more green leaves today....

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