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Tuesday, March 9, 2010

Market View 9 March 2010

Wall Street closed mixed in overnight trade,
with Dow and S&P 500 in the red, while Nasdaq
march on. Dow lost 14 points, S&P 500 slipped 0.2 points,
while Nasdaq advanced 6 points. Technology stocks
upgrades push the Nasdaq higher. Trading volume
was light, but it is still a reasonable performance giving
last week's strong surge.

Yesterday was the International Women's Day, and
we have a good run-up with many stocks giving reasonable
and some indecent profits. The stocks that I specifically
mentioned performed well, and we can see that Epure added
4cts, CSE Global advanced 2.5 cts, CWT added 1.5 cts.
Their momentum is still strong, and any profit-taking will
be short and mild, with strong rebound following.

These days, I can't miss out commenting about Genting
in the market view, as it is always the most talk-about and
ask-about stock in the emails and skype messages I received.
Genting closed exactly at 92cts yesterday after surging high
in early trading, and there is reason why it close this way.
I can only say that 92cts will be tested again and again,
but its rebound from recent low have been strong and
it is not over yet.

At the moment, water stocks Epure & Sinomem are still
performing decently,and we have CSE Global and CWT very 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

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