Market View 10 May 2010

Wall Street continued to slide last friday and finished
the week at a low, but I expect a sharp rebound this
week in a volatile and exciting roller-coaster ride.
US futures are really pointing to an impressive opening
tonight, and if it remains that way, the run-up will start early.

I know of a couple of readers bottom-fishing last friday
when the local market opened weaker, and they will
be rewarded with the bold move, but a trailing stops
will be still essential. The stocks that I mentioned last
week are still valid and should be the star performancers
in the presence of any rebound.

A few members jokingly told me that I should extend
my holiday till last friday or even this week.
Haha. To me, it is all the same, as I like to experience
such drastic market actions and live to tell its tale.

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