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Wednesday, March 17, 2010

Market View 17 March 2010

"Wall Street hits fresh 17 -month high after the
Federal Reserve held benchmark rates near zero
and maintained its pledge to keep them low for
an extended period." Dow surged 44 points, S&P 500
gained 9 points and Nasdaq rosed 16 points.
Although the move by Fed is largely expected, market
watchers and players were pleased that nothing negative
came out of Fed decision. The sun is still shinning brightly
at least for now.

Yesterday a reader asked me about CWT, and I replied
her that it will move "unexpectedly" and she need to
watch over it. True to my words, CWT started to move up
in the afternoon and closed at a high of $1.06 The momentum
is still strong and the opening will continues its strength.
If you want to know why, then all will be revealed in the news soon.
Genting aka wild horse is looking uncertain at 95cts, at the middle
of being bull or bear, as 92cts is the support and 98cts is the
next resistance. I am bullish bias on it at the moment.

I will continue to trade the winner stocks when it is green.
Genting, Falcon Energy, CSE Global, CWT, PEC, Epure,
Sinomem & YZJ .
Winner Stocks: Ezion, Swiber,CH Offshore, 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

1 comment:

Jenn said...

You were so right about CWT..

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