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Tuesday, January 26, 2010

Market View 26 January 2010

We have the US market snapping a 3-day losing streak to
close once again in the green again buoyed by the techs
and commodities stocks. Dow up a little but nice 23.88
points, S&P 500 added 5 points while Nasdaq gained 5.5 points.
Apple announced a staggering result in after-hour, and it
should lend support to another good run tonight hopefully.
We will have stocks like Dupont, Corning, Yahoo announcing
result tonight.

Ok, now back to SG.
I will be brieft today and go straight to the point.
Yes, to answer some readers and skype members, I still
believe that Epure will go above $1 when the sentiment is
favourable, and the momentum pick-up again. It may not
suceed but I will just trade on how the chart goes.
And yes, it should give support to the remaining water treatment
stocks, and I have mentioned Sinomem and Asia Enviro
in last few days' blog.

It is worth looking at the techs today as well, in particular
Broadway and Sinotel. I will also look for any movement
and activties in the O&M sector as they are always the sector
to move when the trading play begins.
But take note that today is NOT a day to Show-hand.
Watch for the greens and follow them lightly. You will have
plentiful of opportunities in the coming days.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC,
Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)

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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