Market View 14 October 2009

Wall Street is in the red after a straight 6-day gain,
Dow closed the day down 14 points, Nasdaq up 0.75 points
and S&P 500 slided 3 points. It is good to take a break
before heading higher. In my 2cts view, I feel that Dow
will almost surely clear the 10000 points hurdle in the
days to come, the question to ask is whether it will
stay above it? With the banks coming out with
result in the coming days, the focus will be on how is
their quarter-to-quarter result, as the year-on-year is
sure to be bright. Tonight, JPM will be reporting, let see
how it fare, and how Uncle Sam will react.

Our market will likely open flat or down slightly today,
but as observe over the last past weeks, there are always
supporting hands coming in to snap-up goodies when
stocks were battered. A reader told me that my stock
selections has become more riskier than before.
Yes, the stocks that I have recommended are highly
volatile, and some of them, highly "controlled" (range-bound
in the chart). They are riskier, and with that come
bigger returns. They are the player and BB's darling stock,
and I am there also to take a small bite at the chunk of
meat available.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Sinomem, Swiber, United Enviro, Uniasia YZJ,
Yingli & Pan Hong.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba, Seroja,
C2O, AFP, China Enviroment.

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 market
actions, just use the chat room link at the right side
of the blog. Hope to "see" and talk to you soon!