Market View 17 June 2009

So we have a stock GSS started late,
and it is a good well-awaited GREAT sales.
We should have another good sales today
looking at how most stocks closed yesterday
and the reversal of trend by Uncle Sam.

Yesterday saw a couple of hot stocks still closing
in the green, and we should expect the same
situation today with the rest in the bloodbath.
So will we see a rebound soon?
Yes and No, when stocks have been sold-down
to a very attractive state, the rebound will come,
but it will be beyond any people's guess as to when
it will come. On most occasions, it will appear when
you least expected it to be.
In the meanwhile, enjoy the GSS of stocks.

If you want to trade today, stick to the greens among
the reds, and only show-hand when the coast is clearer.
I am adding 3 stocks, Genting, Ezion & Ascendas India Trust
into my hot stocks watchlist and will remove 1 stock,
SembMarine from the list. It is not to say that SembMarine
has no upside, but its trading opportunity has since
reduce from its fabulous surge from low. If it drop to
an attractive state, I will be very interested again.
I have been tracking and tracing the 3 stocks on the
chart, and is confident that I know their trading
pattern, not 100%, but worthy of a good play.


Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks, but a
selldown is still welcomed.
Concentrate on the GREEN (If Available, but prepared)
Hot stocks: Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech, Cosco,
YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu, Swiber, Swissco.
Still very much a great winner combination.

Enter any position with 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