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Thursday, December 10, 2009

Market View 10 December 2009

As expected, after the quick brake, we are back on the road
again. Wall Street are back in the green after a volatile
session. Dow was moving within the positive and negative
region before staging a late surge to close near day-high
up 51 points. Nasdaq added 11 points while S&P 500 advanced
4 points. Is Uncle Sam back on the rally path?
I don't see any imminent tsunami yet, that is for sure now,
but you will hit some bumps along the way, and that is quite
normal and much-needed.

It is a clear sign that liquidities had flow into our local
market recently and maybe even since the listing of CMA.
Many pennies are more lively, and are being pushed everyday,
I love such volatilities of the market, and this should continue
for many days to come. When it reach a point when micro-pennies
are dominating the top volume stocks, then I will start to get
worry.

I received an email from a member yesterday "your picks is going up!
Think got around 3 of them rising at the same time.
Congrats!" I believe I have definitely more than 3 stocks
in recommendation that is running wild. You can add all the stocks
into a watchlist and watch their action. They are likely to be
winner stocks for some time. I will continue to trade those
I mentioned this week, and at the same time monitor some
potential heading-to-$1 stocks: Midas, Tat Hong, First Resources,
SingPost, ASL Marine....
The potential-$1 stocks are constantly always in my watch,
as I will do a scan for them everyday, and watch them for any breakout.

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

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