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Monday, November 8, 2010

Market View 8 November 2010

After a long-weekend holiday last week, we are
back to trading today on a strong back-wind
which should provide a rewarding and profitable
trading week.

You must have read about the news on the Fed's
600 Billion bond-buying plan and the positive US
job data last week, and wonder what is the impact
on out local market? Regional market and US
rallied on Thursday night and Friday while we
were on holiday, and it is expect that we will be
playing catch-up today. With so much liquidity in
the market, it will be good in the short-term as
all these $$ need to go to somewhere or maybe
even park at some good potential companies.

Expect to see selected stocks having a run-up, like
the plantation stocks and the punters/traders favourite
stocks like Genting.

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

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Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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