Market View 5 October 2009

The 2nd week of October.....
Last friday, Dow was down as much as 80 points
before deciding to do a reversal and surged back
to the green before closing down 21 points.
Nasdaq and S&P 500 also closed the day red
in a volatile and "entertaining" session.
It wa still quite a good closing despite the indices
down for 4 days last week. We need a break and
a brake, and we are just getting one. We are still
stepping on the accelerator though.....
A point to note is that the Uncle Sam will starts
its financial results season this week, and it will
be a volatile and exciting this week.
Bring it on!!

Nothing much can be said about our market last friday.
It was expected to be red, and indeed it is,
but the surprises to some may be some greens among
a pool of red flowers. To me, it is normal, and yes,
I pump in money into some of the stocks that
I mentioned over last week's blog, and I had and will be
able to gain in today and this week trading sessions.

Will the selling be back again?
Well, anything is possible. I can't predict the future
but I do know that some of the stocks have became
lighter and slimmer, and is looking to be attractive
enough to punt and trade for quick profits.
I certainly like the following stocksand will be trading them today
this week, they are Ausgroup,Ezion, Falcon, F1, First Res, Li Heng,
Mermaid, Sinomem, Swiber, United Enviro, YZJ & Yingli.
I will focus on them with quick profits opportunities,
but at the same time, having a stop ready.

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