Market View 21 July 2009

Dow marched on with a straight 6-day of gains, and S&P hitting the high for 8 months, and the 3 major indices all close higher up more than 1%. Today we will have Apple, Dupont, Coca-Cola and Yahoo reporting their earnings, as we are at the peak of the reporting season.

Our market move weaker yesterday as compared to other bourses, but the Hot stocks still move on strongly, and I believe many should have benefited from Ezra, Midas,Genting, Straits Asia's surges if you only concentrated on the 4 stocks that I specifically mentioned. You may earn much more if you also trade on the remaining Hot stocks in my list.

My advice today if you want to trade is still the same as there are no big fundamental or technical changes yet.
Follow the trend and the stronger green stocks to new heights (profits).
But we are up for multiple days now, so it is also advisable to take a cautious stance for any untoward south wind,
therefore a trailing stop will definitely do the job well.

I have to say that our market is now moved by Uncle Sam, and we have pre-rise in ahead of our own corporate results. Will we have any local corporate surprises coming through?
We will know in the coming days.....

Trade those still Hot (if available Green) stocks but be cautiousof 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.
In close watch: Epure & Falcon Energy.

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