Market View 11 February 2010

US market closed lower "as worries over Federal Reserve
Chairman Ben Bernanke's strategy after the economy recovers
offset optimism about a possible rescue for debt-burdened Greece"
Dow was down 20 points, S&P 500 slided 2 points while Nasdaq
fell 3 points. No clear-cut signal from Mr Market and Uncle Sam
yet, but at least the rebound looks in the pipeline.

We are into the last 2nd trading day before we take a
well-deserved CNY break, and enjoy the festival, and of course,
the goodies and food delicacies, but before that, we still have
a trading day ahead. The market will be in cautious mood today,
and I don't see any drastic big move in either direction, but only
selected play on recent stocks in the news, or have been deeply
selldown and selling in a discount. I will watch from the sideline and
observe for the time being and will not rush in unless there is (are)
good trading profit-making opportunities.

I actually told some Skype members that I am preparing a report
on trading on IPOs and the Hot stocks, but due to some unforeseen
circumstances, I have to postpone it till a to-be-announced later stage.
It is in the process of writing, and I will keep on updated on the content
and further details will be revealed soon.

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