Market View 9 April 2009

In a flash, we have reach the last trading day of
this holiday-shorten week, and I believe many
readers are still well within profits as they shouldn't
have "injured" from last 2 days of red thunderstorm.

Yes, yesterday, we did see some greens poping up
in a pool of red flowers, but you will profits from them
only if you stay till the end of the trading day.
With Uncle Sam closing in slight green, how will
our market react today?

I believe we will see greens on opening bell, but I doubt
the bullish sentiment will last for the whole day,
and there might be further profit taking, as from what
I gathered from my sources, there are many retailers
still stuck in high price in the Hot stocks. This pool
of retailers has no cut-loss point instil in their mind,
and once the market goes the opposite of their stock,
they panic, and just leave their stock and their money
to fate. Pathetic ending......but deserved.

I will follow the greens today, and will do a intra-trading
today, meaning I will buy and sell all stocks today,
and will not hold over the long weekend, in fear of a
nasty surprise from Uncle Sam.

Ezra having announced result yesterday will be in focus
today, and I will pay particular attentions to Cosco, Straits
Asia, Noble, NOL, Olam, SembMarine, Yanlord, with
Raffles Edu, Midas & Swiber as backup.
I believe the commoditiy stocks are staging a surge
real soon, and keep a watch out for them.

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