Market View 24 February 2010

In overnight trade, "U.S. stocks suffered their biggest
one-day decline in nearly three weeks on Tuesday after
a sharp drop in consumer confidence heightened worries
over one of the most vulnerable areas of the economy.
Dow dropped 101 points, S&P 500 fell 13 points and
Nasdaq slided 29 points. To me, it is the same old story
yet again being played out in the market. Please tell me
something that I don't know. It will be just a correction
sell-off, and we will be back on the road again.

Frankly, I hope that there will be "quality" sell-off today,
whether it is panic selling or genuine sell-off because I believe
it is yet another good opportunity to grab some bargains.
But I can only see a weak opening follow by better-than-morning
closing today, so my trading strategy today will be to nib
some stocks along the way to the greens and add-up if the
volume and wind come in like yesterday afternoon.

Recent market actions only surround just a handful of stocks,
but if you have notice, the selling has slow down, and it seems
like the next "constructive" wave maybe breeding and on its way.
In the pool of reds (if it happened), look out for the greens.
I will be trading guerilla warefare today on Genting, CH Offshore,
Falcon Energy, CWT, PEC, Epure & YZJ (added).
Winner Stocks: Sinomem, CSE, PEC, Ezion, Swiber,Broadway,
Midas & Sinotel, Golden Agri, Yingli, Biosensor.

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