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Friday, May 14, 2010

Market View 14 May 2010

Wall Street is so interesting these days, with one
day up and the next day down. This time, "U.S. stocks
fell on Thursday as downbeat comments on the economy
from tech company Cisco Systems Inc and retail chain
Kohl's Corp cast doubt on the strength of the U.S. recovery."
Dow lost 114 points, S&P 500 dropped 14 points and Nasdaq
fell 31 points. Look like we are going to have roller-coaster
ride nowsday, and the market is going sideway. I still believe
we will have one more round of good surge before the
sky turn dark again.

If you were in the market yesterday, you will know
who was the main stock attraction, and it is none
other than Genting. It went to a day-high then reverse in
the afternoon to close low. Some readers skype me
to ask for my view which I told them to stick to their
trailing stops and cut-loss level. They should still have a
pretty decent profits if they followed what was told.
After the closing, Genting announced its Q1 result, and we
shall see how the market will react today.

Many other stocks also fell in the afternoon yesterday or gave
up most gains of the day, which will set the opening scene
for today. Stocks are likely to open weak or unchanged,
and may stay that way throughout the day, as there is no
catalyst and given that today is Friday.
If you are still holding on to stocks, then stick to your stops.
If you are looking to enter the market, today may not be the best
day, but you will do better just to stick to the green winner stocks.

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

Thursday, May 13, 2010

Market View 13 May 2010

Wall Street rallied in overnight trade as "U.S. stocks
capped their best three-day run in 10 months on
Wednesday, lifted by technology and industrial shares
after Spain unveiled an austerity plan that reassured
investors Europe was addressing its fiscal ills.
Dow surged 149 points, S&P 500 gained 16 points
and Nasdaq jumped 50 points.

Yesterday was a field day for many readers as Genting,
YZJ, Cosco, CSE, PEC, just to name a few, were the
main winners. Today's strategy is simple: Stick to them
and enjoy the surge with a trailing stop.
Just remember the KISS concept when trading.

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

Wednesday, May 12, 2010

Market View 12 May 2010

Wall Street ended mixed as "Dow and the S&P 500
fell in a volatile session on Tuesday as fears that a
$1 trillion bailout for Europe won't solve the region's
deep-seated problems blunted an improving U.S.
economic picture." Dow lost 37 points, S&P 500
dropped 4 points while Nasdaq gained just 0.64 points.

Market will continue to be volatile as news, uncertainities,
rumours and facts are being digested and evaluated.
Some retailers hate such kind of market condition and
sentiment, but this is exactly the time when bargains are
all around.

Many readers got stopped-out by a few stocks yesterday,
but still going out with profits, although maybe miserably.
The winner stocks are still good in any rebound sessions,
and there are also a few sub-$1 stocks worth looking at.
These few stocks are in the 90s or slightly above $1,
and should be watched: Midas, CWT, CSE Global, Rotary,
and of course, Genting.
Watch PEC, Falcon, Mermaid and First Resources as well.

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

Tuesday, May 11, 2010

Market View 11 May 2010

As expected, Wall Street rebound sharply in overnight
trading as "U.S. stocks racked up their biggest one-day
gain in over a year on Monday as an agreement on a
$1 trillion emergency rescue package from the EU quelled
fears a new credit crisis would derail European economies."
Dow surged 405 points or 3.9%, S&P 500 gained 49 points
or 4.4% and Nasdaq jumped 109 points or 4.8%.
Is the rebound sustainable?
I believe that it should at least last a few days before any
negative or unfavourable news or data poping-up. This
surge is likely to stay until June, but I am not that positive
on the 2nd half of the year.

I mentioned that "The stocks that I mentioned last week
are still valid and should be the star performancers in the
presence of any rebound.", and indeed they are the star
winners in yesterday's trade. We have Cosco, YZJ, Mermaid,
Sound Global, Sinotel, Genting, Broadway, First Resources, and
even the recent IPO Global Palm performing well.

If you are in those stocks, then just have a ready trailing stop
in case of any change of wind direction. Never, never let
your profits become losses, as that will really destroy your
morale and may even make you become a "long-term"
investor of some stocks.

Stocks will open brightly today, but I don't see the
flower blooming for the whole day. We already pre-moved
yesterday, so be prepared to take profits out of the
stocks that stop moving, and maybe in a reverse gear.
Stick to the stocks that I mention, and when they are in green.

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, May 10, 2010

Market View 10 May 2010

Wall Street continued to slide last friday and finished
the week at a low, but I expect a sharp rebound this
week in a volatile and exciting roller-coaster ride.
US futures are really pointing to an impressive opening
tonight, and if it remains that way, the run-up will start early.

I know of a couple of readers bottom-fishing last friday
when the local market opened weaker, and they will
be rewarded with the bold move, but a trailing stops
will be still essential. The stocks that I mentioned last
week are still valid and should be the star performancers
in the presence of any rebound.

A few members jokingly told me that I should extend
my holiday till last friday or even this week.
Haha. To me, it is all the same, as I like to experience
such drastic market actions and live to tell its tale.

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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