Market View 6 September 2010

Wall Street started the September month well
with the 3 major indexes surging high more than
1% on Friday trading. Dow up 128 points,
S&P 500 surged 14 points and Nasdaq advanced
34 points. I wonder for how long is the rosy
picture going to continue?

Genting is still stuck within the trading range
and I await a breakout of either side, but don't ask
me when will it happen. It will, but on which side?
Nothing more to say about the market on
this Monday morning, as the trading is concentrating
on a few stocks like CSE, PEC, Swiber and
Sound Global (if it decide to wake up this week)
This is going to be a holiday-shorten trading week
as we celebrate Hari Raya Puasa this Friday,
and I will be going to a holiday on Saturday,
so it will be cautiously light buffet for me this week. 


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