Market View 8 January 2010

I will just keep it short today.
Some skype members asked me whether I am "looking
forward" to a more "redder" market and stocks.
I have to admit that although I am looking at a
hopeful profit-taking, I have to keep following the
stronger stocks while trimming out the weaker stocks.
The market is still looking reasonably steady with good
supporting hand out everytime when there are bargains
in the market. For the short term, it is unlikely we
will see a mass scale all-out sell-off of the whole market stocks.
Nevertheless, I know that if any drastic and unforeseen
circumstance arises, I am safe with my trailing stops
for the stocks.
A few members emailed me with (great) profits in Epure,
CSE, PEC & Midas, and thanks me for my recommendations.
I can only congrats them for their own profits as they are
the one who press the buy-sell button.
Look out for more stocks heading pass the $1 mark after
Midas and Swiber had crossed the line.

For this last trading day of the week, I am focusing on Epure,
CSE,CWT, PEC,Ezion, Swiber & Midas.

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