Market View 17 July 2009

Ok, so Uncle Sam rallied for a straight 4th day
on JP Morgan's result announcement. In after-hour,
Internet giant, Google reported second-quarter net income
that climbed to $1.48 billion, or $4.66 a share, from $1.25 billion,
or $3.92 a share, in the same period a year earlier. It was a
better-than-expected result, and we shall see how Nasdaq react
tonight. We will also have heavy-weight like Citigroup,
Bank of Amercia (BOA), General Electric (GE) reporting tonight,
and the main focus will be on Citigroup which was expected to
report a loss, but how big is the losses?

Our market weaken yesterday after taking a heavy
lunch break, and most stocks were off day-high, and some
even fell into the red region, as profit-taking surfaced.
We are likely to see a part 2 in today's trading, but it has been
a good ride in last few sessions of trading, and I believe most
readers should have made a decent profits from the Hot stocks,
even with the 4 stocks that I specifically mentioned.

Midas and Ezra will both in back in action after the trading halt,
and they are in my focus yet again, together with Genting &
Straits Asia, but I will be cautiously bullish about them today.
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.
I am doing a review on a few more stocks and will likely add them
into my watch pretty soon, they are the next potential trading
winners and maybe even multi-baggers.

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