Market View 1 Nov 2009

Ok, I will cut short on today's blog as I only managed to
login to Blogger after many tries, and the market is
opening in minutes. I will update more tomorrow....

Our market will open low today, but it will not close
at the day-low, it will be firmer at the 2nd half of the
trading day. My strategy is to pick-up stocks at the low
of of selling, and add-up on rebound, and let go when
the selling gets heavier. This is a risky move not suitable
for all readers, so only enter when you are aware of what
you are facing with.

One reader emailed me to tell me that a CRASH is imminent,
I can only tell him that anything and everything is possible,
but it is not Likely that we will see one soon. Period.
If it is really coming, then I will sense it from the market
volume and transactions, but sadly to him, I am not picking
up such scent yet, so it is still normal trading to me.
I don't know about you guys, but as a trader, I like
such volatility and wild swings in the market, as it is within
such range that money can be made (and lost).

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