Market View 9 December 2009

It is so interesting that what I wrote in yesterday's blog
is sort-of happening at the moment. I commented that
"My view: We are still in the right track, and it is very likely
we will be back in the green again, maybe after an quick brake."
Indeed, Wall Street applied a brake yesterday and closed in the
red. Dow slided 1% or 104 points, while Nasdaq & S&P500
dropped 17 points and 11 points. There were a few triggers
to the pool of reds. We have disappointing results from Mac Donald
and 3M, the Dubai debt issues, and the ever-mentioned
recovery doubts and uncertainities.
My view: Quick brake, and it will be back in action.

Back to our shore...
I mentioned that a year-end rally is on the deck yesterday,
and the pennies were running wild, lead by the crazy horse
China XLX which had a dual listing in HK, and that in-turn triggered
those recent in the dual-listing news and rumours' stocks
into action. We saw stocks like China Milk, Midas, Li Heng
surged on a high note.

Those stocks in my recommendation were also running up,
with Swiber, Mermaid, Ezion leading, just to mention a few.
They will face some strong "headwind" in early trading
today, but I believe they will recover strongly at the closing bell,
so watch for their action.
Is this really the beginning of the year-end rally like what
I mentioned?
I will take it step-by-step but it is looking bright at the moment,
and I will just be cautious of any weather change while enjoying
the sun-tan.

Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber,
Ezion, Falcon & Mermaid, PEC, Epure (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