Market View 29 June 2009

Ok, so June only has 2 days left, and very soon,
we will be in July, when we will see companies
reporting season starts again. This last 2 days
of trading will be volatile and fierce from what
I gather from the chart and sentiment.
Stocks will be in tight range, and may reverse
as soon as the trading "objective" of the institutions
or funds are reached, so be wary of the pump-and-dump
strategy being used again and again.

Stocks should open little change from last friday
opening, and will try to find a clear-cut direction
before settling to tight range-bound movement.
We have a handful of vital data like Job figure
from Uncle Sam this week, and that will likely
determine the sentiment and direction for this week.

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 the situation can reverse as fast.

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