Market View 7 July 2009

Dow reversed early losses to close green, but
Nasdaq still closed marginally red, thus creating
a mixed but not-that-important signal.
Our market pre-dropped in yesterday's trading
in anticipation of big fall in the US market, but
it did not materialise.

But I believe many may still have enjoyed the
horror movie part 2 being shown yesterday, and maybe
a couple of readers may have benefited from the
green shoots, Olam and Yanlord. They are the 2
green winners yesterday. If you are asking for an
explanation to their gains, I don't really know,
but Olam was restarted as Buy, with a target price
of $3 from BOA-ML yesterday, and Yanlord is always
performing strongly in market weakness.
I don't always look for reason why the Hot stocks go up,
but I will follow the momentum and play up the stock,
the reason will come in due time, and you will be sitting
on profits by then. But as always, I will enter with
a strictly-followed cut-loss and trailing stop.

Most stocks will open stronger today, but it will not be
all green for the full day. I certainly don't expect stocks
to be closing at day-high. Today is definitely not the day
to play "show-hand", as market weakness may once again
surface, and the south wind blowing against you.

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 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