Market View 10 June 2010

Wall Street fell off the cliff at the last few trading
hours, erasing earlier gains as "Stocks fell on
Wednesday in another late-day roller-coaster ride,
dragged lower by BP and other energy shares as the
U.S. probe of the oil spill in the Gulf of Mexico deepened."
Dow lost 41 points, S&P 500 dropped 6 points
and Nasdaq gave up 12 points.

Last few days of trading should be still rewarding
to many readers from the emails that I received.
A very interesting readers commented that it is quite
"boring" trading on the same stocks times and times
again. I was quite amused by such statement as if you
ask me, I won't mind winning money again and again
from the same stock, do you? If a 4D number that you
bought keep popping up as winner, will you drop it
and look for other number to buy, or believe that
it will continue to pop-up again?

The market had been concentrated on the same
winner stocks lately, and the rotational interest is not
strong. I expect to see recent IPO being played soon,
and the techs too. I will stick to the mentioned stocks
in any weakness today with a ready stop.

The World Cup will starts tomorrow, and it is really
to "darken" my eye-bag but I will still continue to trade
with Mr Market.

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