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Wednesday, March 31, 2010

No Market View today

I am having a splitting headache today since waking up,
and I don't have the necessary energy and concentration
power to provide a quality Market View, so I would rather
don't produce one anyhow-done one.
I will take a good rest today and if you see the Market View
tomorrow, then I am alright. If not, then I am still resting.
Today is the last day of Q1, and the market may have wild swing,
so be cautious and take profits along the way with a trailing stop.

Tuesday, March 30, 2010

Market View 30 March 2010

Wall Street rose on Monday "as miners and energy companies
advanced on dollar weakness and investors bought recent high
fliers as the quarter's end approached." Dow up 46 points,
S&P 500 added 7 points while Nasdaq gained 9 points.
It was a quiet trading day, but the volume and momentum
should pick-up as the window-dressing increases.

It was an interesting trading day yesterday, and if you are
still trading on Genting and Sound Global, then it will be quite
a boring and lifeless day for you. Genting closed at the support
level 92cts while Sound Global also did the same thing to close
at 95cts. Remember this 2 prices as you will see the stocks
bouncing off this level many times.

The techs and commodities were the main attraction yesterday,
and you should have made profits with stocks like PEC, PCI.
I am still bullish about the stocks and will trade them up along
with the trend and momentum.

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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Monday, March 29, 2010

Market View 29 March 2010

A new trading week, and I will start my view straightaway.
This will be an interesting week as we have many important
figures coming out of US, like the unemployment rate.
Nevertheless, I believe that Wall Street should still have
the strength to stay up for the week. The indexes have been
moving sideway for the last couple of days, and it seems that
the potential of a big move from either side is imminent.
I am turning optimistically cautious and will be ready for any
turning of the waves.

For our local trading, the techs are really in the focus recently,
and I don't know how many readers are still unaware of this.
I mentioned the techs last week and highlighted a couple
of upside-worthy stocks which had shown a good performance.
We have Broadway standing at $1.01 on friday closing, and
Hi-P, Innotek, PCI, Techcomp and Sinotel eager to move up
the gear again.

Genting and Sound Global closed on their respective support level
last friday, and they will move in a tight range within the support-resistance
level before staging a breakout to the next level, I am watching closely
for it. The offshore stocks are also worth a look, and I particularly
like the chart of PEC, and also looking for Falcon to flap its wings again.
I believe we have enough trading opportunities to make good money
in this holiday-shorten trading 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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

Disclaimer:

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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