Market View 26 October 2009

In a flash, we are at the last trading week
of October, how do everyone fare?
I believe most should end the month in the
green, and not like some who are still waiting
for The Great Crash of October 2009.

Dow was once again below 10000 points after
giving back 109 points to close at 9972, the same
happened to both the Nasdaq and S&P 500 too.
Look like the tug-of-war is going to last for a while.
To me, it is another profit-taking day, and the resistance
will be tested in the coming days. I don't see any
looming and/or dooming clouds ahead....yet.

For our local market trading, I hope for a weakness
at the opening bell, and some clueless and panic
retailers to come out and just simply sell to the market.
Yes, I will once again be aware for any bargains in
the market, and seek to grab some of it in anticipation
of firmer market action at the later part of the day.
I still see further upside in our market, and the pennies
will inevitably follow as well.

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