Market View 30 November

Ok, I will go straight to the point....
If you are not isolated from the world in the last few
days, you should have read the news that Dubai World
is suspending its debt payment to creditors by at least
6 months, and its ripple effect to the world financial market
last thursday and friday.

Simple, will this be the second wave of the Financial Crisis?
Far from it, this news has only a small impact to the world now,
but yes, the world stock market still need some time to
digest the news and the debts, but it will be over as fast as it come.
My own personal view is that this news came at such a "timely"
period when the world financial markets has implemented
counter-measures against such fallout, it should be well and Ok.
"It is not the time to press for panic button."

Our market will play catch-up today since we are on holiday
last friday, and sure to open weak and panic-seller will
surface to lock-in profits, or just to adopt a sell-first-ask-later
mentality. It will be a good bargain hunting period for the
investor and traders alike who may have missed or to scare to
enter the market lately. The blues and pennies will be
hit, and I hope it will be a strong one. I certainly welcome all the
sellings that can be carried out by the petrified retailers who are out to clear
their positions. Come on, sell all you can.....there are supporting
hands below to grab what you throw.

On this last trading day of the month, I will be the the gara-guni man
to pick up all those presumed "garbage" from the retailers who just
want to get out of the market until the sky is clearer.
Ok, fine with me, I will just have to take more risk and pick up the
pieces. 8-)
I certainly hope that the selling is stronger and serious that expected,
if not, the profits will not be that worth the risk incurred.
The pennies has not been really moving in the last couple
of weeks, let hope that this is the trigger that spur up some
action into the dead pennies.

Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber, Ezion,
Falcon & Mermaid.
Take a look: Falcon, F1, First Res, Raffles Education, United Enviro,
Uniasia,YZJ.
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