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Tuesday, June 2, 2009

Market View 2 June 2009

Wonderful start to a great week and month!
Uncle Sam is up by a great deal, and the obvious
direction for today is up.
I believe most if not all readers should have made
money yesterday, and if you have went in my
only capital letter recommendation OLAM, you should
have made at least 5cts.
For the case of Swiber yesterday, you can also made
at least 5cts profit if you know how, and is following
a good system that I have recommended.

Since today's direction should be a good opening,
I see profit-taking coming in at the beginning, and
should be having a tug-of-war for a while, before the
main direction will be out today.

I received emails asking whether they have "missed the
boat" for the recent rally.
Yes, but there are still a lot a boats for future sessions,
and you only need to catch A boat to get rich, you need
not really need all of it.
If you have been following my emails and blog posting,
I have been urging members to get into the market,
and some did and were well rewarded by Mr Market.
For those that are still at the sideline, please remain as so.
If you were to anyhow jump in now with any stock,
you might be the last one holding the ball when the music
stops.
I don't know when the music will stop, but as GREED becoming
more obvious in the current surge, reality will step in.

Most members should have profited from the recent
rally, and have accumulated so-called "Money-To-Lose",
which is very important in trading the market.
They took calculated risks at the early stages, and
was rewarded with good profits.
If you have no Money-To-Lose, and is thinking of using
your month bill payment money to play in the market,
then I strongly suggested you not to, especially now.
The market will eventually cool down, and there will be
a time to go in.

I will still be trading the market, but on a profit-taking mood,
and I have a feeling that my trailing stops will be hit today.
Trade those still Hot (Green) stocks.
Follow the Flow, but expect the Unexpected.
Concentrate on the GREEN ( Available, but prepared)Hot stocks:
Olam, Ezra, KS Tech, Cosco, YZJ, Straits Asia,Indo Agri,Noble,
NOL, 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

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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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