Market View 5 May 2009

What a great outing yesterday!
As what I have wrote in yesterday's posting,
"be alert to any continuing surging momentum when
market choose to ignore any bad news and focus on
market and economy recovery", the market rocketed
to high and all of my Hot stocks surged up,
and among the biggest winners.

I strongly believe that most readers, if not all,
should have made money yesterday, with some
readers having gain of >30%, and should have
kept overnight some Hot winner stocks,
as the trend is still well intact.
Congrats to all who profited from the Mr Market's gift!

Ok, so what do we have for today?
The Mexician government is saying that the worst
is over for the H1N1 Flu, and is shifting down the
alert from red to orange, but the WHO is still maintaining
its cat 5 status. The Flu has not reach our shore yet,
and there are a few reports stating that Singapore and
Hong Kong are the two most at-risk due to our population
density, exposure to trade, and other factors.
Just take care of yourself, and live a normal life.

After a surge like yesterday and last thursday, I am
cautiously optimistic of today's trading. The Hot stocks
should still be in action, but it may not move as much
as yesterday, and I am ready for the south wind, if it surfaced.

Now, we have Olam at $2, it is so great to look back at
past posting when I strongly recommended the readers
to pick-up or add-on the stock, and if you have catch it,
the profits is definitely >100%.
I will still be concentrating my trade on the Hot stocks: Ezra, Cosco,
Straits Asia, Indo Agri, Noble, NOL, Olam, SembMarine,Yanlord &
Uniasia, Raffles Edu, Midas, Swiber.
They are the Hot stocks, and they are the winners in the surge-up,
so just stick with them, and you should have another field day.

From what I gathered from my sources, there are a handful
of terribly burnt "naked" short from last monday and tuesday
trading, and it is interesting yet again for them today.

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