Market View 4 November 2009

In yet another volatile swinging session, Wall Street closed
mixed, with Dow down marginally 17 points, while the
tech-heavy Nasdaq and broader S&P 500 advanced to
close in the green. There are a few news from Uncle Sam
that should be dealt with some concerns. I believe most
have read on Buffett pumping money to buy a railroad
company in what will be a $34 billion transaction.
I look at this news as Buffett believe the market and the
company is cheap right now, and he is picking up a good
bargain.
Another news will be with the FOMC meeting which the
market believe that the Fed will keep the rates close
to zero, but their main concern is what will be Fed's view
on the current economy outlook. I am cautiously optimistic
that the Fed will give a cautious optimistic statement as well.
:-P (pun intended)

Ok, back to our shore...
If you have looked at the STI intra-day yesterday, you will
see the amazingly nice fall from the top of the moutain all
the way down to the bottom at closing. The market expected
a bloodshed in Wall Street, but to their disappointment,
they did not get one, so I believe that our market should
continue to be cautious, but some stocks will leave the pack,
and charge up. I am concentrating on the O&M sector stocks
for today, and it should be enough for a good field-trip.

I have readers asking me what did I do to prepare for the
trading day ahead. Ok, I will reveal the things that I do
in the next few days, so keep a lookup.

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

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