Market View 28 July 2009

Hi all readers to my blog,
Thank you to all the concern emails that I
received yesterday as I have not posted any
Market View yesterday. I was down with fever
and flu for the last 4 days, and really don't
have that much of energy yesterday to give a
market view although my mind would really
wanted to do so. Don't worry, it is not the
H1N1 flu that I am suffering, it should be just a
common flu (according to the doctor)but only with
more potency. Touch wood. I am alive and kicking as
I write the blog now. :-)

Ok, back to the trading world....
Uncle Sam's major 3 indices close slightly higher
in Monday trading with financial stocks back in
focus which reversed early losses to close green.
There are not many major powerhouses yet to announce
their earnings, but the rest should still affect the
market figures. We have Energizer, Office Depot, Unisys,
Viacom releasing their result tonight.

Back to local shore....
STI powered-on and closed up 43 points at 2577, way above the
2500 support level, but it is not as rosy in the Hot stocks.
I saw a couple of Hot stocks in the reds, while the rest only
managed to close marginally higher. They may take a breather
today. I will not be that hastily into the market as well,
but will be cautiously looking at green opportunities.
My 4 recommedation stocks look to be earning quite a good
result for the readers, as last friday's post received a
comment from a reader making some money from Genting.
It is always an encouraging feeling reading such a comment.
Keep it coming......

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

P.S.: If you Skyped me, and my response is slow,
I may have fallen asleep infront of the monitor.
It is only a likely scenario.... Haha....