Market View 23 November 2009

Ok, nothing interesting to talk about the US market
which closed down on friday, but was up for weeek.
Dow and S&P 500 hit a 13-month high last week,
but closed slightly off the highs. This is going to be
another quiet trading week as "Volume is expected to be
light throughout the week with U.S. markets closed on
Thursday for Thanksgiving and shutting early on Friday.
Take note that we also will have a public holiday this
friday as well.

Back to our local shore....
Last week trading can be describe as boring, as the real
action day was last monday, and the rest of the trading
session were only concentrated on a few Hot stocks,
like Yingli, YZJ, Sinotel, Sinomem....
We are likely to see the same situation this week,
as we only have 4 trading days, and we are lacking a
motivational factor and catalyst for the market to do
a wild swing. Nevertheless, the market will be suported
and I certainly don't see a avalanche of blues and pennies'
price this week.

In this quiet week, I will only focus on those Hot stocks that
are still alive, and lively traded, and I just follow their action.
If there is (are) selldown this week, I will look-up for good
bargains, and pick-up the bit and pieces along the way.
My Yongli trade decribed last thursday is still valid,
and will be followed when it reached my entry price.

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.

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