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Thursday, July 16, 2009

Market View 16 July 2009

Uncle Sam's indice soared higher about 3%
on strong earnings and an upbeat forecast from Intel,
and Fed's comment on the recovery. Tonight we
will see another tech giant Google, and banking giant
JP Morgan reporting, so keep a watchout.

Our market closed up very nicely adding 78.87
and closed on a high note after the lunch break.
I was mainly on the 4 stocks that I mentioned,
and if you have followed, Midas is on trading halt now
pending announcement which I believe will be rewarding.

I will keep it short today as the trading will start real soon.
I am still bullish on the 4 stocks, and now Midas is unable to
trade for now, I am still left with 3 great winners, and will
continue to ride on them until the south wind starts to blow.

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 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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