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Monday, December 21, 2009

Market View 21 December 2009

Just to do a quick recap.
Dow ended the last friday session up 21 points, while S&P 500
added 6 points and Nasdaq gained 1.5% or 32 points.
We should have a holiday-season trading this week, and the
volume should be light but well-supported.

On our local shore...
I will be particularly interested and focus on the O&M sector
and oil related stocks today and this week as the
tensions between Iraq and Iran may increase anytime,
and may trigger a play in the sector.
This week is a holiday-shorten trading week, so I will just
keep it cool and will do some light trading here and there.
I certainly don't see any big selling off in the coming days
to the end of the year, but I will take note of any year-end
window dressing display by the funds and instutitions, and
will join in the fun with them.

For me, I am looking 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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