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Friday, December 11, 2009

Market View 11 December 2009

The green light still shines on....
Wall Street marches on with encouraging unemployment
and trade data. Dow was up at high as before closing the
day up 69 points, while Nasdaq gained 7 points, and S&P 500
advanced 6 points. Trading volume were considerably thin
ahead of the U.S. Federal Reserve interest rate meeting
next week. One just have to be cautious of any bumps ahead.

Many pennies were red in yesterday session as profit-taking
step-in, but the selling is still very much "contained" within
a tight range. Since today is Friday, the trading today maybe
subuded, but watch for sudden push-up in the stocks that
I recommended. Many recommended were in top volume
yesterday, and they are still in the play-up and the momentum
is still intact. Once the wind comes, they will fly through the
roof again.

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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