Market View 13 October 2009

Wall Street gone through a roller-coaster ride
yesterday, with the Dow reversed from a 66 points
upside to fall into the red before closing up 21 points.
Nasdaq performed the same pattern and closed
down 0.14 points, but the S&P 500 was up 4 points.
The Dow is now about 120 points from the
all-important 10000 points which it has not touch
for the last 1 year. We will have JP Morgan, Citibank
and Bank of America reporting on wednesday, thursday
and friday, and it will be very interesting and exciting
to see whether the mark can be breach.

If you have stay with the market to the closing bell
yesterday, then you may have won some quick $$
as quite a handful of stocks surged up during the
last trading hour. We can see Swiber, Mermaid, Ezra,
Ausgroup, Ezion, Falcon, and even those that I
am still watching Ramba Energy & Seroja up strongly.
I even noticed a old-time favourite darling also up very
strongly, and it is Asia Food, worth taking a look.

We may open weak today, but it will be a well-supported
trading day. Take a look: Ausgroup, Ezion, Falcon, F1,
First Res, Li Heng, Mermaid, Sinomem, Swiber, United Enviro,
YZJ, Yingli & Pan Hong.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba, Seroja, C2O, AFP.

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 want to chat with me on the stock marketactions,
just use the chat room link at the right sideof the blog.
Hope to "see" and talk to you soon!