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Thursday, February 4, 2010

Market View 4 February 2010

US market closed mixed with Dow and S&P 500 down
26 and 8 points respectively snapping a 2 day winning streak
on profit-taking while Nasdaq edge up 1 point.
We have companies like Burger King, Kellogg and Master
Card reporting their financial result tonight.

Some members commented that although the STI charged
up 44 points yesterday but his profits from the pennies
especially the winner stocks did not really match the
strong surge. I have to answer that in such weaker market
sentiment and situation, it is rewarding to get just any kind
of profits. The winner stocks did perform during the last
couple of weeks since the beginning of the year and will
continue to do so for the days ahead.

I will be cautious trading today with important data coming
out in the US tonight and tomorrow. Look for strong stocks
that buck the trend and enter lightly.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE,
CWT, PEC, Ezion,Swiber,Broadway, Midas & Sinotel,
Golden Agri, Yingli, Biosensor (added).
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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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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