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Friday, July 10, 2009

Market View 10 July 2009

Ok, as usual, nothing much from Uncle Sam.
All 3 major indiced edged up marginally higher
in a directionless trading waiting for further
corporate result unveiling next week.
Our market stage a surge after the lunch-break
yesterday and closed near high above 2300 again.

Yesterday, I only concentrated my ammo on
4 stocks that I mentioned yesterday, and the
profits were well above Ok. I am sure many readers
should have benefited from Ezra and Genting.
I will focus on these 4 today if they are green.

Today we may see weakness creeping into our
market as we are facing uncertainties, and yesterday's
surge may prompt profit-taking today ahead of the weekend
market break. My advice is watch the show, but look for green
shoots to trade light, else look for those stocks in the news
like Ezra.

Trade those still Hot (if available 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, Ezion, KS Tech,Cosco,YZJ, Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu, Swiber, Swissco.

Enter any position with a Cut-loss level & 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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