Market View 12 January 2010

Nothing exactly unusual in the US market yesterday,
with Dow and S&P 500 continued the run and gained
46 and 2 points respectively. Nasdaq was down by
5 points. In after-hour, Alcoa reported a smaller
loss than a year ago, but analysts were expecting
for a small profits. We shall look at how Uncle Sam
react tonight with the news.

When I look at our local market closing figure yesterday,
I realised that the market may come to a brake anytime
although it should be a swift and brief one. Many stocks
had already surged to "indecent" profits, and it is likely
that they are ripe for a pullback to the supporting hands
below. After the slight retracement, we should be able to
have a CNY rally, in my 2cts view, and this will really
bring big angpow to the alert and aggressive traders/investors.


I am focusing on Epure, CSE,CWT, PEC,Ezion, Swiber & Midas,
& Techs and Water Treatment stocks who are still on the
run-up.

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