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Wednesday, February 3, 2010

Market View 3 February 2010

Another day of triple digit gain for Dow and the 3
major indices closed well in the green for a 2nd day.
Dow up 111 points, while S&P 500 added 14 points
and Nasdaq gained 19 points. Several better-than-expected
earning figures and encouraging housing data propel
the indices up and it is looking ins gaining pace and
momentum again. We shall see for the next few sessions.

Ok, our market and pennies had not be that rewarding
lately, but it is in such quiet and sometimes bloody days
that we can see which stocks can withstand the storm well
and still stand strongly facing the headwind head-on.
If you notice, some stocks never really lose much ground
and are just down for a few cts which it can regain back in
a few days when the sentiment and momentum come back.

I will just be concentrating on the winner stocks that I am
familiar with and watch over a period. If the north wind comes
I will join in. But if the south wind blows again, then I will see
how low the stocks can drop and pick up the pieces.
We got an ipo debuts today, and I will see whether I can
use the ipo punt on it tomorrow and the days ahead.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT,
PEC, Ezion,Swiber,Broadway, Midas & Sinotel, Golden Agri,
Yingli, Biosensor (added).Tiger Airways (IPO punt, if available)

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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