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Friday, October 9, 2009

Market View 9 October 2009

Wall Street continues to be green on thursday
night, with Dow, Nasdaq and S&P 500 all finished
the day higher. The pool of greens were moved
by a good corporate result from Alcoa whom
started off the reason. There were optimisms in
the market with better corporate results coming
out that will fuel the momentum in the market.

Back to our local shore...
I believe that most readers should have made some
money yesterday or last few days as there were
many stock winners. I got readers earning from Yingli
Noble, Ausgroup and email or skype me with good
profits news. Congrats to them.
I specifically added a stock into the
recommendation list on tuesday, Pan Hong, and
it charged up yesterday, I wonder any readers have
benefited from the surge? Is the current surge over?
I believe the answer is no, but next week we will have
some big-shot in US coming out with their quarterly
result, and it will be market-smart to take note of that.

Given that today is friday, the market action will
drop as the day proceed, but stick to the current
stock winners and it will be well ok, but...here we go again...
a stop or cut must be ready. I continue to like the commodities
play and they should and will continue for a while, with rotational
play spreading toward the O&M and Water sector.
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.: If you want to chat with me on the stock market
actions, just use the chat room link at the right side
of the blog. Hope to "see" and talk to you soon!

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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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