Market View 25 May 2009

Quite a few news came out over the weekend,
and the most noticable one is of course, the
sales of 45.5% in SPC by Keppel to PetroChina,
this is likely to have ripple effect on the Offshore &
Marine stocks.

Seriously, I don't really understand the need to
sell SPC by Keppel, in order to enable working
"together with PetroChina (it plans) to explore
opportunities in the offshore oil industry and in
other areas." I will take this move to be purely
business relationship building on top of strategic
asset. I maybe wrong, but SPC will be an great future
huge asset for PetroChina if the whole deal goes through.
Good Move, PC! Bad Move , KE!

Ok, back to the market.
US is on holiday today, so no US trading tonight.
Last Friday, our market stage a late surge to
close near the high, but Uncle Sam disappointed
reversal from green to close at red should have an
impact on our market this morning opening.
This week, we have a few important data figure,
like GDP for Q1, CPI, coming out of US, and they will
be well followed by the market.

Other than oil, offshore and marine and commodities stocks,
the rest of the Hot stocks maybe weaker today.
But it can be also a day when the cat is away, the mice
come out and play.
Some profit-taking selling may surface, so still be cautious
but alert to any green trading opportunities,
Enter the green Hot stocks.
Follow the Flow, but expect the Unexpected.
Concentrate on the GREEN (if 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