Market View 19 May 2010

When I hit the bed yesterday night, Wall Street
was still very much in the green, but I was "greeted"
with a pool of red closing when I checked it this morning.
The indexes revsersed early gains to close low, as "Stocks
sank on Tuesday, driven lower as the strengthening of
financial regulation from Wall Street to Frankfurt crushed
bank stocks, adding to worries about the sustainability of the
global economic recovery." Look like the market will take
some time to stable down, and by the look of the futures now,
it is not going to be a pretty scene tionight.

These past weeks, my tradings have been limited to a couple
of stocks that I know will move everyday, that is, it will fall big
in a weak sentiment and rise up when the mood is better.
The results are still OK, given the fact that we are in such
drastic and volatile market condition. I will keep doing so
until the sky is clear blue again, but that will take some time.

Market will open weak today, and it is going to stay that way
throughout unless the futures move to the positive region, and
that is also a big IF, which the market may not move at all too.
Stick with the winner stocks ONLY when they are in the green zone.



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