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Thursday, December 24, 2009

Market View 24 December 2009

Ok, Santa Claus rally continues in US as the market
surged on a 4-day streak. Dow edged up 1.5 points
and S&P 500 gained 2.6 points while the tech-heavy
Nasdaq surged to a new high up 17 points.
It will be interesting to see if the techs will be surging
another good long overdued rally next year, and our
own techs stocks will feel the ripple effect and will
follow suit.

Our market is still hot for the last few days and I don't
see any major changes in today half-day trading.
I won't be taking big positions today, but I will shred
those contra positions and just enjoy the long holiday
weekend without any fear of drastic unforeseen circumstances.
It has been a pretty good week for me, and I hope that
the readers have also benefited from my recommendations
lately and beyond. I believe we will have another rewarding and
profitable trading year in 2010, but for the time being,
enjoy the holiday.

I wish the readers the best of all blessings and wonderful wishes
to you and yours for a very Merry Christmas and a Happy New Year!

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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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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