Market View 20 May 2009

What a green day we have yesterday!
I believe most should have made some money,
and some readers are still holding the winners
till today for more gains, but with a trailing
stop, I hope so.

Uncle Sam is blowing hot and cold now, but it
seems like nothing can derail our market for staging
a surge to higher ground. The follow-the-green
strategy that we are using now is working well,
and if coupled with trailing stops, it should be
working for many sessions to come.

Although I believe that profit-taking will still
come into the market, but I observe that there
are still many supporters when the stocks are
dropping to an attractive level, and they will
grab, snap, and push up the stock to way pass
the day-low. It will need some drastic to cause
our market to reverse gear, and head south.
There are still lots of uncertainties in the market,
but the players choose to ignore the fundamental
doubts, and focus on recovery, and it is all
factored into the market sentiment now.
If WHO raise the level to highest 6, then we shall
see how the market react to it, but as long as you
have a cut-loss and trailing stops, you are fine
with every possible unforeseen circumstances.

The Hot stocks will be mixed for today, and some
will move up further, while others may face strong
resistance. Nevertheless, stick to the "greens",
and have stops in-place, and enjoy the day.

SembMarine is in the news, and it confirms that Petrolrig
has filed a lawsuit against its unit Jurong Shipyard Pte Ltd,
so we will see how it will turn-up to be.
I will be entering Hot stocks but it will be cautious.
Therefore, Follow the Flow, but expect the Unexpected.
Concentrate on the GREEN (available, but prepared)Hot
stocks: Ezra,KS Tech, Cosco, YZJ, Straits Asia, Indo Agri,
Noble,NOL, Olam, SembMarine,Yanlord & Uniasia,Raffles Edu,
Midas,Swiber,Swissco.

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