Market View 13 November 2009

Ok, Wall Street closed in the red, with Dow ended a
6-day winning streak to close down 94 points
but still 197 points above the critical 10000 support.
Nasdaq was down 18 points, while S&P 500 lost 11
points.
Is the traffic light changing?
In my view, it is just a minor pullback which is much
needed, and the traffic is still shinning green, with
further advancement in sight. Just drive on and
watch for the changing lights....

By the way, if you haven't realise, it is Friday the 13th
today, and yes, it is the best time to.......watch a movie
like 2012. What else do you expect???!!!

Our market has been range bound for quite some time
now, and the pennies are having miserable and terrible
volume that I believe we are reaching a breaking point
for the pennies. I foresee that volume will be coming in
soon, as the tug-of-war winner is emerging. It has been
quite difficult to trade recently as pointed out by some
readers. Those who buy can only win a few cents before
the tide turns. Those who dare to short can also win a few
cents before the tide turn again. The tranaction volume
for some pennies has been really pathetic, and these will
all change soon...

I am still sticking with my stock recommendations for this
week, and will seek to enter on good trading opportunities
if they appears...... Enjoy and embrace the market action,
and you will accept all that happens.

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