Market View 12 May 2009

Ok, so Uncle Sam closed down with a nice
figure of 155.88, and our market pre-dropped
yesterday with the futures in the red zone,
and coupled with profit-taking, so how will
our market react today?

Yesterday, market gravity finally prevail, and
the plunge was well within expectation, it is
just when will it come? The market and the Hot stocks
have seen phenomenon straight-line surge, so it is time to
cool down a bit and get back to reality.
I hope that yesterday's final pump-and-dump
did not claim casualty on any readers, although
I still saw Swiber and Yanlord in the green at
yesterday closing bell.

We should have a red-letter trading day, but we should
still see some green leaves, and you should concentrate
on these green leaves if you want to trade. If you rather
prefer, you can take a good break, and watch the market
action sitting on the fence, and waiting for the optimal
opportunities.

Concentrate on the Hot stocks: Ezra,Cosco,Straits Asia, Indo Agri,
Noble, NOL, Olam, SembMarine,Yanlord & Uniasia,
Raffles Edu, Midas, Swiber.
We will still have plentiful trading opportunities in the
coming days, after the storm is over.

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