Market View 27 October 2009

Wall Street ended the trading in the bloody zone again,
with Dow reversed from a positive 100 points to close
the day down 104 points to close at 9868 in a highly
volatile session. The Financials and Energy stocks
lead the decline, and we also have the government
economy report this week to look forward to,
it is really turning up to be a very exciting trading week.
Given that the Dow is now about 132 points from
the 10000 points, is this the sign of Game Over?
My personal view is that this is just another E-brake,
and we should be back pretty soon.

STI closed up 1 points yesterday in what I will describe
as a boring trading days for most. It is indeed quiet
yesterday unless you are in stocks like Financial One (F1),
Sinotel etc. So what to look for in today's session?
Weakness at the opening bell is a confirmed situation,
but I certainly feel that the day will closed firmer,
and because of that, I will sit at the bottom and pick-up
bargains if the selling get heavier. The panic and clueless
retailers can throw all they want, there will be supporting
hands below. I will also follow the stocks that are still hot,
and that include stocks like F1, United Enviro and Sinotel.

Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Raffles Education, Sinomem, Swiber, United Enviro,
Uniasia, YZJ, Yingli & Pan Hong, Sinotel.
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