Market View 8 October 2009

US market were mixed after a volatile
and choppy session which saw the Dow
down marginally, while Nasdaq and the broader
S&P 500 up slightly, as the Q3 earning report
started. Alcoa reported a better-than-expected
result which should lend some support to the
market today. We will have companies like
Pepsico & Marriott reporting tonight.

It was a great trading day yesterday and
I believe most readers would have made some
$$ if they were in the market. The recommended
stocks advanced yesterday although some were
off day-high at the last 2 hours, but nevertheless
they are still winners. I will continue to act on them
on the upside but with stops ready.

The commodities play should and will continue
for a while, with rotational play spreading toward
the O&M and Water sector. Just ride on and with
them.
Stock trading recommendation: Ausgroup, Ezion, Falcon,
F1, First Res, Li Heng, Mermaid, Sinomem, Swiber,
United Enviro, YZJ, Yingli & Pan Hong.
Looking closely at Rotary, Tat Hong & Tiong Woon.

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.: You can join the chat room with the link at
the right side of the blog. Hope to see and talk
to you soon.