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Wednesday, October 21, 2009

Market View 21 October 2009

I was late in today's posting due to my computer
having a small "flu" that cause it to behave
strangely early morning when I switch on the machine,
but it is cure now. :-p Coincidentally, Wall Street
also a flu in overnight trading due to the housing report.
I believe it will be cure in due time, and the momentum
will resume upward. We will have companies like
eBay and Wells Fargo reporting tonight.

Quite many stocks did a small reversal yesterday after
performing reasonably in early trading, for example
United Enviro, Pan Hong, Yingli. By the way, Pan Hong
is trading XB today, but it is still a worthy watch.
I am still bullish about them, and will chase them again
when the trend resumes. I see that the water treatment
companies should be in focus again, so watch for stocks
like Epure, United Env, Sinomem, Asia Env. The O&M sector
will also be watched as the oil price has a catalyst effect on it.

I am seeking to add some tech companies in my
stockwatch and trades again, and will update
accordingly here soon. The techs are really dued
for a repeat of a strong rally which many readers
should remembered if they were already in the
market then.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Raffles Education, Sinomem, Swiber, United Enviro,
Uniasia, YZJ, Yingli & Pan Hong.
Looking closely at Rotary, Tat Hong & Tiong Woon, Ramba,
Seroja, C2O, AFP, China Enviroment, Asia 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.: I did a poll on whether any further communication method
will be beneficial to the readers and the members, and myself.
The final result is a tie between Chat Room and Facebook,
so I will respect the poll, and setup a Facebook account by today.
The Chat room is already available, but I am sad to say that
the responses have been miserable and terrible. It is empty for
most of the trading days. I guess it is due to the members
want to chat with me using Skype instead.

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Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

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

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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