Market View 12 May 2010

Wall Street ended mixed as "Dow and the S&P 500
fell in a volatile session on Tuesday as fears that a
$1 trillion bailout for Europe won't solve the region's
deep-seated problems blunted an improving U.S.
economic picture." Dow lost 37 points, S&P 500
dropped 4 points while Nasdaq gained just 0.64 points.

Market will continue to be volatile as news, uncertainities,
rumours and facts are being digested and evaluated.
Some retailers hate such kind of market condition and
sentiment, but this is exactly the time when bargains are
all around.

Many readers got stopped-out by a few stocks yesterday,
but still going out with profits, although maybe miserably.
The winner stocks are still good in any rebound sessions,
and there are also a few sub-$1 stocks worth looking at.
These few stocks are in the 90s or slightly above $1,
and should be watched: Midas, CWT, CSE Global, Rotary,
and of course, Genting.
Watch PEC, Falcon, Mermaid and First Resources as well.

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