Market View 8 February 2010

We are just only 6 days from CNY, but it look like
what happen in Uncle Sam and Europe will determine
the festive mood of the traders and investors this week.
Last friday, Dow managed to crawl back to positive region
after breaking pass the 10000 psychological support level
and closed up 10 points to 10031 points. S&P 500 added
3 points while Nasdaq gained 16 points.
Will Dow fall down to below 10000 points again?
Frankly, I don't see why it won't search a low again and
last friday's day-low of 9835 should be closely watched.
This is going to be rather volatile week as the market will
have to deal with once-again global recovery concerns and
Europe's sovereign debt woes.

Will we see a "paper-tiger" this lunar year or will it be the
ferocious tiger that we known?
I think we will see a mild tiger at first, then it will wake up
to show its prowess at a later stage of the year.
Ok, I will comment about the local market now.
It was a pool of pre-red before the CNY last week, and it was
certainly not a welcoming scene to many, but we just have to
make do with it. It is likely that Genting, CH Offshore, Falcon
Energy will be heavily traded this few days with news cooming
out during the weekend break.
If you don't know what happen, read up SGX announcement and
Yahoo! news.

I will trade cautiously this week although I believe we will
see a reasonable rebound in the trading days, and will only
focus the bullets on a few stocks. I will clear my contra and
intra positions by this friday, and will enjoy the CNY with a
light and festive mood.
Focusing on Genting, CH Offshore, Falcon Energy, CWT, PEC, Epure.
Winner Stocks: Epure, Sinomem, 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