Market View 2 March 2010

Ok, I am late to post for the market view today so I
will dive straight into the local trading view.

Many will be asking the question that whether they
should go into Genting now that it had rebound from
low, and closed at 91cts yesterday. Actually, if you are
an investor, the fact is that you should already be in the
stock when it was trading below 90cts, and it is also likely
that you bought them when it was below $1. My view is that
once it is pass the current turbulence, it will go back to the
normal path. For the trader, in my own trade, I will only look
at it above 92cts. If you ask me why, I will tell you that it is
what my chart is showing me.

Many other stocks are looking attractive for trades now, we
have the water stocks Epure and Sinomem on the move.
The offshore stocks are doing decently well lately, and the trend
is likely to continues. Sinotel had woke up from its sleep, and is
once again attracting lots of interest aka trading volume.
Broadway, CWT and CSE Global is in the 90s and the $1 mark
is just ahead, can they reach it?
I don't see why this is not going to be a great trading profits
week, but you still need to have the "protection" mechanism
ready. Keep your cut-loss and trailing stops ready, and enjoy
the surges.

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