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Thursday, December 17, 2009

Market View 17 December 2009

Wall Street closed mixed after Fed voted unanimously to keep
benchmark borrowing costs in a range of zero to 0.25 percent,
which represents historic lows, but Fed also issued a warning
that it plans to tighten monetary policy in the coming year.
Dow was down 11 points, but Nasdaq and S&P 500 gained
6 and 1 points. To me, it is all nothing new that the market
reacted after the Fed news, but the upside momentum is
not broken and should regain its pace.

Back to our local shore.....
STI surged to a new year-high of 2813.93 up 15 points yesterday,
but the blues push-up did flow to the certain mid-caps, but
did not benefit most pennies. Only a handful of "selected"
pennies were up, and did well in recent sessions.
Yes, it had been pretty boring watching the market again,
as described by one Skype member, but the play-up in
some stocks are still worth a look-up.

Ezion, Swiber & YZJ were good trading opportunities lately,
and the profits are still decently well enough for a great
Christmas present which is just a week away.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem,
Swiber, Ezion, Falcon & Mermaid, PEC, Epure (added)
& those sub-$1 stocks heading toward the "magical" mark

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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