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Monday, July 6, 2009

Market View 6 July 2009

US market was closed for holiday last friday,
and our market fall below 2300 to close at
2299, interesting figure, but it will soon be
forgotten.

We should be seeing US corporate result coming
out from this week or so, and I really hope to see
surprises, which will "trigger" our market.
Our market is trading in a tight range, and the
volatility has fallen, but still is "tradeable" but the
profits are not as attractive as before.
We need a catalyst to prospel a reaction, and we
may just get one soon...

How was the horror movie last Friday?
Some readers may comment that it is not the scary,
while some may have profited from the movie.
It's OK, as we may have a Part 2 today.
It is a boring horror show now.
A good time to take a break and prepare the ammo
for the next assault charge-up.

Same as last friday:
Today's trading is very easy. Stay on the sideline and watch
the horror movie unfold. Very relax? No, you also need to watch
for green shoots popping up, and these are the stocks in focus
should you really want to trade 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.

Enter any position with a 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 saw this blog entry late, I am sorry for it,
but Blogger seems to be having problem just now
when I tried many time to submit my entry.
Anyway, it is solved now, and I hope you will benefit
from today's posting.

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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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