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Monday, April 5, 2010

Market View 5 April 2010

After a good 2 days rest away from the market,
I am feeling much much better and ready to face
Mr Market again. Thank you for the couple of
concerned emails received.

We had quite a good performance last friday
with the STI up by 56 points or 1.9% but you will
only made good profits with some Hot penny stocks
as what I have seen. I mentioned on last thursday that we
will have wild swing and indeed that was what happened
in the last 2 trading days.

Stocks are likely to gap-up today but I don't see them
continue to run a long way, but will gradually become
weaker as the trading hours pass-by. Take note that
Genting and Sound Global are still resting and consolidating
at their support level but they will, as usual, wake up with
a bang in due time. The commodities are doing well currently
along with the techs.

Techs: Broadway, Hi-P, Innotek, PCI, Techcomp & Sinotel

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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