Market View 24 July 2009

Ok, Dow surged pass significant 9000 marks,
a eight month closing high. Nasdaq is on a 12-day winning streak,
looking ever so near to the 2000 points again,
while S&P 500 is also a whisker away from the important 1000 points mark. Can they reach it? We will know soon.....

STI added 34 points yesterday on a good surge after taking a heavy lunch break. We are looking heavy ahead of our own local corporate results.

The Hot stocks continued to surge pass the roof yesterday, and my 4-stocks-recommendations for the last 2 weeks are making good money for those who went in the stocks. Genting, Straits Asia, Ezra & Midas continued the good performance, and the margin should be quite rewarding for the readers.

Some readers asked me when will this strong rally ends as they want to load-up again? Yes, one fine day, we will have a massive sell-down again, but at the current moment, their momentum and trend is still intact, and one can either ride on it or choose to watch for reversal south wind. I choose to ride on it, but with lower stock quantities, and higher alert level, and only with the stronger stocks that is on the rage.

One interesting reader emailed me and commented that the Hot stocks in the list are always the winners in the Top Volume, and/or are the stocks in the Top gainers, they simply will be the market movers everyday. Yes, he is absolutely spot-on. The Hot stocks in my list are definitely market movers that you will see in focus everyday. Why is it so? Because they are the market darlings (aka market-players' favourite, instutitions' favourite, stocks traders' favourite punt) for now, and will continue to be this way until some fundamental or unforeseen news
derail their status. I would suggest readers to put the Hot stocks in their watchlist, and observe their movement
and trend to get a full picture of their glory.

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