Market View 1 September 2010

Wall Street ended mixed on the last trading
in August as "stocks ended little changed in 
choppy trading on Tuesday, closing out an August
the bulls would like to forget."
Dow up 5 points, S&P 500 added 0.41
points while Nasdaq lost 6 points.

Yesterday, after publishing "negative" comments
about the US economy and worldwide market,
I received a handful of feedback. Some complained
that I sounded so scary, and it is like the silent before
the storm. I have to state that yesterday's comment
and market views are just my personal forecast
and assessment of the market, and it may or may not
happen. And if it really happens, at least, you have 
been pre-informed already, or you can just "left-ear-in
right-ear-out" and ignore and forget what I said.


A few readers asked that am I trying to say that
one shouldn't trade the market now and just simply
wait for the correction to happen before taking any
action. If only interpreting the market action and trading
is so plainly simply and straight-forward. I am not saying
that you can't trade in the market, but just have a
cautious and alert stance when you are doing any trade.
I do still trade in the market but the transaction volume 
is definitely lower, and I will take profits along the way.
I don't go for home-run now, I go for simple tab-and-go
nowadays with those continue-to-be hot stocks like 
Genting and YZJ.


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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山