Market View 30 March 2010

Wall Street rose on Monday "as miners and energy companies
advanced on dollar weakness and investors bought recent high
fliers as the quarter's end approached." Dow up 46 points,
S&P 500 added 7 points while Nasdaq gained 9 points.
It was a quiet trading day, but the volume and momentum
should pick-up as the window-dressing increases.

It was an interesting trading day yesterday, and if you are
still trading on Genting and Sound Global, then it will be quite
a boring and lifeless day for you. Genting closed at the support
level 92cts while Sound Global also did the same thing to close
at 95cts. Remember this 2 prices as you will see the stocks
bouncing off this level many times.

The techs and commodities were the main attraction yesterday,
and you should have made profits with stocks like PEC, PCI.
I am still bullish about the stocks and will trade them up along
with the trend and momentum.

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