Market View 13 May 2010

Wall Street rallied in overnight trade as "U.S. stocks
capped their best three-day run in 10 months on
Wednesday, lifted by technology and industrial shares
after Spain unveiled an austerity plan that reassured
investors Europe was addressing its fiscal ills.
Dow surged 149 points, S&P 500 gained 16 points
and Nasdaq jumped 50 points.

Yesterday was a field day for many readers as Genting,
YZJ, Cosco, CSE, PEC, just to name a few, were the
main winners. Today's strategy is simple: Stick to them
and enjoy the surge with a trailing stop.
Just remember the KISS concept when trading.

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