Market View 11 June 2010

Wall Street staged a pre-World Cup rally as
"Stocks posted their best day in the last nine on
Thursday in response to signs of health in the euro
debt market and as investors snapped up energy
shares crushed in the previous day's sell-off.
The energy sector led a broad advance with all
but four stocks in the S&P 500 finishing the day higher."
Dow surged 273 points, S&P 500 added 31 points
and Nasdaq rose 60 points.

Nothing much to say for today's trading only that I will
take profits on most positions, and will held over
the weekend with just those deep-in-the-money
counters. Stocks will jump up on opening and it is
a good opportunity to lock-in the profits.

World Cup starts today, but I believe fluctuation in
the market is not over, and during the course of the
event, there will still be lots of volatility. This is going
to be a very interesting June trading month.

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