Market View 12 November 2010

Wall Street closed red as "U.S. stocks on
Thursday fell for a third session this week
as a disappointing forecast from Cisco Systems
Inc. weighed on the technology sector and as
global leaders tried to agree on a plan to keep
the recovery on track."
Dow fell 74 points, S&P 500 lost 5 points
and Nasdaq dropped 23 points.

Some readers asked in email and skype what
is O&M sector and stocks. My apology for using
short-form and I am referring to Offshore & Marine
sector and stocks. It will be likely to be the
next BIG trading idea with many stocks in this
sector like the big-cap Cosco, Ezra,YZJ, Sembmarine
and the mid-small caps like Ezion, Swiber, Mermaid,
Otto, CH Offshore etc.

Genting is still stuck with range and I do know
that many readers were wondering whether it will
continue to surge pass the recent high of 2.34
I can only say that I prefer it to test again the
support level before resuming its path.
Do you get my message?
As I was writing, the market opens and Genting
opened at 2.10 down 18cts...


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