Market View for the week to 2010

Ok, just a recap...
Wall Street wrap up the Santa Claus rally on a high note,
with all 3 major indices closing with a flourish. It is also
looking that the trend and momentum is very likely to
continue in the last trading week of 2009. Wall Street
is expected to close the week with a bang, baring any
unforeseen circumstances. Window dressing is expected
to reach the peak for this week as stocks will be
pushed to a higher price, and this is looking to be a
welcome scene as we prepare for yet another good 2010.

Our market is also likely to be resilient in this last trading
week of the year, and I really don't foresee any drastic
downward movement for the next few trading days.
The volume may be thin at times, and the movement may
be restricted to the blues, mid-caps and a handful of pennies,
so if you are not comfortable with the movement, just close
the book for the year.

I will not be writing on this blog for the next 2 days, but
I will be returning on the last trading day of the year,
this thursday with a recap of the tradings in 2009, and
look into 2010 for the good expectation, forecast of
the sectors and stocks to watch for.

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