Market View 18 November 2009

Wall Street still shining green...
In what was really a volatile session, Dow finally managed to
close in the green with a 30 points gain after ding-dong
in the positive-negative region for the whole session.
Nasdaq and S&P 500 were also up after good brokers'
upgrades. In the last 11 trading days, Dow were up 9 days
and is currently at a 13-month high, so maybe the green
light is ready to take a break again......

Our market took a breather yesterday with most blues and
pennies closing in the red. I am still quite bullish on the
Hot stocks that I mentioned yesterday, and believe that
they will still be the focus in the next 3 trading days.
Some readers emailed me to tell me that they have
made money in the monday market surge, but was stop-out
in yesterday's decline. It is all part-and-parcel of the market
that profit-taking can surface after just one day of liquidity
surge. That's why we always need a ready cut-loss and trailing
stop when we enter the market.

I will still be looking for trading opportunities in the Hot stocks,
and I believe that some of them will run wild today.
Take a look: Ausgroup, Ezion, Falcon, F1, First Res, Mermaid,
Raffles Education, Sinomem, Swiber,United Enviro,Uniasia,
YZJ, Yingli & Sinotel.
Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja,C2O,
AFP, China Enviroment, Asia Enviroment, CH Offshore.
(Taking out Li Heng, Pan Hong for the time being, until I see
further signal in the chart)

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: For the readers in my mailing list, I will start sending the
reports today and tomorrow, so check your mailbox.