Market View 17 August 2009

Another fresh trading week...
Uncle Sam was down last friday,
and it is looking to be gloomy
trading days this week. But if you
are with me for some time, you will know
that there will still be trading opportunities
available even in a pool of red sea.

PM Lee stated that "For the long term, we should be optimistic. No sunny days yet, but we can see some hope and some green shoots,".
I like this particular statement in his National Day Rally.

We should be seeing stormy weather this week,
as we really have a rosy weather for too long.
I welcome a change of weather, but will continue to seek trading opportunities amid a sea of chaos.I continue to like my Fantastic 5 (for the time being) but also watching the others. I like Falcon Energy's chart, and is waiting for yet another break to soar higher again.
I will be adding a mid-day market view during
the lunch break, so watch for it. It will be added to the end of the morning market view.

Trade those still Hot (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, Rotary, First Resources,
Mermaid, Hi-P, PEC, CSE Global.

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

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Afternoon Mid-day Review

A pool of reds in the Hot stocks is the main
attraction of the day, but somehow a few
green shoots can be seen spuring the life,
and it will be worth watching them for the
next 3 hours of trading.

We have IndoAgri in the green, First Resources
and Falcon Energy seeking to surge to the
green. I am on them, and will look forward to
better performance from them this afternoon.
Those 2 near $1 stocks that I specifically mentioned this morning are also looking well.
Keep them in focus..

Taking a break and ready for the next 3 hours
of trading...