Market View 8 March 2010

Today is International Women's Day, and I wish all
the women a Happy Women's Day. I do know that
there are quite a number of woman readers, and I have
personally email and skype a couple of them, so enjoy
this wonderful day. I would like to thank my wife and
mother for their loves, and without them, I can't imagine
where I will be.
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Just a recap of what happened to US market in last
friday trading: All 3 major indexes rose more than 1%,
with Dow surged 122 points or 1.2%, S&P 500 added
16 points or 1.4%, Nasdaq gained 34 points or 1.5%.
The labour employment data was encouraging, and
this week's retail sales figure and March consumer
sentiment will be well-watched by the market and reatilers.

Last friday's local super-star stock must be Genting
in all aspects, as it rose from low to close at 90.5cts
up 6 cts. Many readers asked me about its movement
over email and skype, and I told them what I know about
the stock. If you read the "official" newspaper, the "official"
explanation was that Universal Studios theme park will open
on March 18, and the traders leapt into the stock on the hope
that the company will show a profit this year.

This is what I told the readers in email and skype: Genting
Singapore have been added to the FTSE Asia ex Japan index.
Traders like this inclusion news and pump up the stock
pass the 86.5cts support-turn-resistance level. For those who
know what I am saying, Genting is now trading in the 86.5-92
box, and watch out if it breakout of this region.

Stocks will open brightly today, and it is likely to continue throughout
unless drastic happening in China and HK derails the movement.
US futures may cause some "disturbances" to the market, but at
the time of writing, it is still in the green.
The water stocks Epure & Sinomem are still performing decently,
and we have CSE Global and CWT very close to the $1 mark, which
should triggered a pump-up.
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