Market View 11 November 2009

Wall Street closed mixed after Fed officials commented
that "unemployment likely will remain high for the next
several years because the economic recovery won't be strong
enough to spur robust hiring." Dow edged up 20 points, while
Nasdaq and S&P 500 were marginally lower. It is still green
light showing now, but I am always ready and preparing for
the amber light to be showing up. I just have to keep moving
forward for the time being....

Yesterday was a boring and "yawning" trading day for me,
despite a strong performance from Uncle Sam. Many stocks
were range bound with low volatility and liquidity, and I
can only did some scalping here and there. While we wait
for a much clearer picture, we just have to endure what is
being served out by Mr Market now. Like what I have told
some readers, if you have no concept or direction about the
market, then jolly well just stay out, and wait for clear picture.
Although I am a trader, there are times that the market is
really not giving many trading opportunities, so just sit it out.

I will still be looking up for trading opportunities today, but
it is looking to be another boring and sleepy trading day.
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, CH Offshore.

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