Market View 15 January 2010

Once again, the 3 major US indices closed in the green
led by the tech stocks. Dow closed at a 15-month high
up 30 points, S&P 500 added 3 points while Nasdaq gained
9 points. Intel beat market expectation with a after-hour
financial result, it is looking good for the tech run this year.
Tonight, we will see the result of JP Morgan coming out,
and that should impact the financial stocks. It is definitely
going to be a busy trading day for Uncle Sam tonight.

I believe that most readers have had a great trading week,
and we are down to the last trading day of the week, so what
can we expect today? Nothing special or particular, that is for sure.
One new skype reader asked me about my stock selection yesterday,
and I replied that I only focus on a few so-called confirmed-will-run
stock winners, and trade and follow them for the whole week.
I see that I can confidently said that "Epure, CSE,CWT, PEC,Ezion,
Swiber, Midas & Broadway" had been the star stock for the week.
No surprises of any sort that they will also perform next week.

Today is friday, and we are only just 1 month away from CNY,
so if you don't want to be in the market today, then take a long-weekend
break and get some CNY goodies and fashions shopping.
I will see how Mr Market will react today before deciding whether
to call it an early day at mid-day.
Focus on the stock winners for this week with a trailing stop.

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