Market View 10 June 2009

Boring........
Uncle Sam once again closed in
a boring mixed session, with Dow
ended down slightly, and Nasdaq
and S&P 500 up.

Yesterday most hot stocks were red or
neutral except for Midas and Straits Asia
which surged high and were a winner
among the reds. I like both Straits & Midas'
chart, especially Midas with that strong
and healthy volume coupled with the
huge range play.

As usual, today's market should be a
mixed session following the US boring
session, unless other Asian market like
Nikkei & HangSeng decided to lead the
surge or the fall. Also, if the US futures
is giving a "obvious" signal, then the market
may take the cue and follow suit.

But don't worry, there are still trading
opportunities around, and I just mentioned
2 of them on top. Yes, there are likely profit-taking
to go along, but as long as you have a few stocks
winner to trade, it should be alright.

Yes, I still welcome any sell-down, BIG or small,
show me what you got and get them all coming.
Trade those still Hot (Green) stocks but be cautious of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)
Hot stocks: Straits Asia, Midas, Olam, Ezra, KS Tech,
Cosco, YZJ, Indo Agri, Noble, NOL, SembMarine, Yanlord &
Uniasia, Raffles Edu, 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