Market View 15 July 2009

Uncle Sam's indices struggled to close in the green,
recovering from mid-day fall from the red, and
closed about 0.4% higher. Goodman Sachs did
reported a better-than-expected result but it
was already factored into the Monday's 185-point surge.
In an after-hour news, Intel, the world's biggest
semiconductor company said it earned $1 billion,
or 18 cents per share, in the second quarter,
excluding a $1.45 billion antitrust fine from the European Union.
Still to come, we have heavy-weights like JP Morgan reporting
on Thursday, BOA and Citibank on Friday.

Our market charged higher about 2300 again yesterday
with encouraging local news of the GDP jump and revision,
and we are technically out of the recession. I started the first blog entry
in October 2008 when PM Lee stated that we are in recession,
and it had been about 10 months and we are out of the pit already.
I started the post urging investor to continue to put money
into the market, and indeed they only need to wait for 5 months
when the March rally started and rage on. I believe they are
still in succulent profits now.
If you are new to the blog or just want to read my very 1st post of the blog,
go to http://stocklobang.blogspot.com/2008_10_19_archive.html

The Hot stocks were higher yesterday, but the profits are not
that impressive as many stocks opened gap-up, and move
in range-bound around the opening price. Nevertheless, it is
still a good sign to see the trading screen green "once in a while".
We may have profit-taking today, and only "selected" stocks
will continue the surges. I am still quite bullish on the 4 stocks
that I specifically mentioned yesterday:Midas, Ezra, Genting, Straits Asia,
and the commodities stocks. I am prepared to take a quick profits/loss
if the wind is unfavourable.

Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will STILL 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