Market View 4 May 2009

After a long weekend break, we are back to
the market again for another week of opportunities.
Over the long weekend, many market-sensitive
news surfaced (and the AWARE news is not one of them),
and most of them are bad news, like the H1N1 Flu has
become worse around the world, and is spreading in more
countries, like our asia neighbour, Hong Kong.
Although the Mexician government is saying that
the spreading of the Flu is on a decline, but I won't throw
cautions to the wind yet.

For this week's trading, we also will have the Stress
Test result on thursday and the Jobless figure in US
on friday. We have many facts and data coming out
this week, and together with the H1N1 Flu, this week
is shaping up to be a very interesting week.

There is a so-called market wisdom that to "Sell in
May and go away", so is this May also a month to sell
or short if some of us will interpreted it to be?
Given we have so many events concurrently running
now, I believe we still should continue to trade in May,
as money-making trading opportunties will be plentiful.

For today and this week's trading, it is good to be cautious
but also be alert to any continuing surging momentum when
market choose to ignore any bad news and focus on
market and economy recovery.
As mentioned on last friday's posting, today and tuesday will
be interesting, as there are quite a number of "naked" shorts
from last monday and tuesday flu-affected market.
Look like the "naked" will be really bare, if they choose to
leave their position intact, and not participate to push up the
market, at least for the first 2 days of the week.

I will be concentrating my trade on the Hotstocks: Ezra, Cosco,
Straits Asia, Indo Agri, Noble, NOL, Olam, SembMarine,Yanlord
& Uniasia, Raffles Edu, Midas, Swiber.
As usual, what else?

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

P.S: I have updated the near-$1 stocks views in
my another blog at http://stockreportsforyou.blogspot.com/
Head over there to see the potential stocks heading toward $1,
together with the coming Hot stock potentials.