Market View 7 September 2010

Wall Street is on Labour Day holiday so there
is no trading and hence no US market view.

When the cat is away, the mice will play.
Yesterday the local market surged higher
on last Friday's Wall Street surge and because
the US market was closed yesterday.

Genting tried to make a breakout to the upside
but was stopped by the resistance and was
back to square one by day-close. Look like
it will be doing cha-cha for a while.

But other stocks that I recommended made the
move and CSE hit a high of 1.01 and closed at
$1. Further upside after breaking yesterday
day-high of 1.01 will be the resistance level
at 1.06 and will be supported at 97cts.
Swiber also made the move and closed at
1.02 up 3 cts with further upside seen
at 1.07

Sound Global is looking strong and it will
only get stronger after taking out the resistance
at 73.5cts with good volume. Longcheer and
PEC need further volume to confirm the upward
move.

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