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Wednesday, December 2, 2009

Market View 2 December 2009

Wall Street started off the first day of trading in December
with a bang! The Green light continue to shine on.....
Stocks continue to surge higher as Dow hit a 14-month high
to close at 10471, up 127 points. Nasdaq added 31 points
as S&P 500 advanced 13 points. The so-named Dubai
Debt Crisis appears to be well-digested by the market,
as the concern maybe over. It is looking like another good
trading and profit month this December.

It was back to normal trading day yesterday in our local
market. Liquidity started to flow in, although the concentration
is still with a handful of Hot stocks, many in my recommendation.
You should know that I will stick with the winners, and ride
it higher. Too bad that the decline with some stocks on Monday was
not that drastic and the selloff is too soft. It was a wonderful
time to pick up the bits-and-pieces of good stocks that were
threw out by some panic retailers and maybe even traders.
I certainly welcome any profit-taking, small or big, as that will
flush out the weak holders, and another pick-up-the-pieces
Sales will starts.

I will focus with a handful of stocks as followed, they are the winners
last 2 days, and even before that, I don't see any changes to
their sentiment and momentum yet, but I am well-prepared
to take the money and out. As simple as that.
Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC (added).

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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