Market View 14 May 2009

Uncle Sam was finally down with a decent
fallback, and how timely it is.
Our market did not pre-drop in yesterday
trading, so we should feel the impact today,
which is a good fallback by any sense,
and a much deserved and need one.
So, let the selling begin...

It is looking to be a red profit-taking day,
and if you still have some contra holdings,
stick to your trailing stops. if you have it.
If not, please read my posting yesterday.

I will be paying particular attention to those
stocks in the news or reporting good result
recently, Noble, Yanlord, Ezra (Ezion), NOL,
Raffles Edu, SembMarine, Swiber.
They have good volume in last few sessions,
and should have quite desperate seller if the
price keep falling, I will look for such opportunities.

It is well looking to be a profit-taking day, and one
should be careful today. Follow the Flow, but expect the
Unexpected.
Concentrate on the GREEN (if they are still available)
Hot stocks: Ezra, Cosco, Straits Asia,Indo Agri,Noble,
NOL, Olam, SembMarine,Yanlord & Uniasia,Raffles Edu,
Midas, Swiber.

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