Market View 26 November 2010

Since US is on holiday yesterday, so I will dive
into what we have on our market today.
I mentioned yesterday that "Selected stocks will be
pushed up with good volume and rewarding profits.
Expect to see Genting, GLP and Commodities and
Plantation stocks leading the way.", and it was indeed
the case.

Genting will continue to face 2.04 resistance with 2.10
the next to come if breached. Golden Agri and the rest
of the plantation stocks performed reasonably well
although the reward could have been more.
Today's sentiment maybe a rather quiet one being
Friday and lacking of clear trading catalyst. That is
precise the reason that I keep sticking to stock winners,
those that are with me for a while, as their pattern will
be captured and taken advantage of.

Regarding the Sabana Reit that a reader asked me
2 days ago, it will debut today at 2pm and not 9am.
If you got the stock from placement or public offer,
please take note.


For those who feel that they have had enough of this
week's action, there is SITEX at Singapore Expo where
you can pick up the latest gadgets. I enjoy visiting such
tech shows to see the who/what behind the tech products,
and you can gain a lot of insight from such event, if you
have an open mind of a "investor" and/or "trader",
and not plainly browsing. Just for the record, I am still with
the view that the tech stocks are likely to be the
superstar next year. I will write on this in the coming weeks.

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