Market View 26 June 2009

If you think that finally there is a clear-cut
trading signal today, given that Dow Jones
surged triple-digit for the first time since
June 1, then maybe you will be disappointed
today.

Yes, most stocks will surge up and open
high, and even gap-up on opening bell,
but I believe they will be in tight range,
and may not close as rosy as how they open,
aka they will not close high near day-high price.

I received some emails and skype messages that
they have lesser trades due to lesser trading signals
from the chart, and their profits have drop, but they
are still in the money.
Yes, recently the Hot stocks are moving in a
tight range and if you have been playing them,
you should still made money, but not as much as before.
But don't worry, this is a transition phrase, and once
the clear wind is blowing, you just need to be move
along with it.

If you are an Investor, then take your time to
accumulate the Hot stocks of your choice, as we
will be having Great Sales often. The key point is
that you must enter the market. If you are waiting
for the perfect scenario of picking the lowest price
bottom of the stock, then you may really miss it
forever.

For the traders like me, take this opportunity to
take a break if you want, but stay alert and vigilant
for any potential opportunities and threats to your
trading portfolio. Keep abreast of any financial news
that will impact your trading decisions. We will have
the reporting season kick-off in mid-July, and I sense
good money-making chances yet again.

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.
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.
Today is not a day to show-hand, as weakness will be
back into the market again.

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