Market View 21 June 2010

It is looking to be another great week ahead
after "China's surprise move over the weekend to 
let its currency be more flexible should give stocks a lift, 
adding to the recent positive momentum and making it 
tougher for bears to argue for weaker fundamentals."

For our local side, I will not be surprise if I see a
S-chip rally, but it will be rather concentrated on the
bigger and known S-chips and the related stocks.
I continue to be bullish about the market during this
World Cup period, and it has proven to be rewarding
and profitable for myself and the readers who participate
in the recent run-up. The same old " "马照跑， 舞照跳，
球照踢， 股票照样升" still apply in the current market.

I will stick to the stocks that I kept mentioned. Don't ask me
why and whether there are others to look at. There are many
many more other stocks to trade, that is for sure, but these are
the stocks that I know will run-up in a good sentiment, and
always have the volume to back its momentum.

Genting will likely trade within the range of of 1.11-1.20 for the
time being, with any breach of 1.11 support level pushing toward
the next 1.05 point. Global Palm hit a single bid shy of my 37cts
target last friday, and it should be able to test it this week.
As long as Swiber is above 1.01 level, it will continue to surge
and I am quite bullish on it. Watch for Cosco, YZJ, Mermaid,
PEC, Broadway and Sound Global. If you are looking for more
speculative low-volume counters to watch, then Rotary, CWT
and CSE will suit you fine.

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

P.S.: For the readers who have requested to be in my mailing
list for those foreign brokerage reports, I will send them out
this 2 days. If you never receive anything from you by tuesday
night, please inform me. Thank you.