Market View 16 November 2009

Wall Street closed at a high note last friday, with the
Dow up 73 points or 247 points for the week to close
at 10270. Nasdaq and S&P 500 also closed respectably
in what was a great week for the indices.
Will the momentum continues?
Personally, I don't see any reversal yet for this week's
trading from the fundamental ground, but profit-taking
may surface after such a great run-up. It is still green light
to me and should continue so until Mr Market give the signal.

Last friday, I finally "witnessed" a tsunami but not on our
market, but in the movie 2012. Will we have a financial
tsunami on our local market? I believe the chances are
very small, and I sense that fund inflow this week will
be strong. I saw volume starting to come in with some
of the pennies showing strength and movement.
I am willing to stick my neck out for this week's trading
as I foresee we are going to have a wonderful and rewarding
trading week, and the Hot stocks and pennies should be
having volatile and liquidity-filled sessions.
But....if you are not willing to take risks at this early stage
of liquidity inflow, you can wait for further confirmation
before jumping in.

I am quite bullish on the O&M, Energy and Water treatment
stocks for this trading week. Stocks like YZJ, Ausgroup, Sinomem
and always-hot stocks like Sinotel, Yingli, Ezion, Falcon should be
in the focus.
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