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Friday, May 21, 2010

Market View 21 May 2010

What more can I say?
Wall Street registered the worst fall in a year as
"U.S. stocks sank nearly 4 percent on Thursday
on growing fears the euro zone's efforts to tackle
its sovereign debt crisis will fall short, jeopardizing
the global economic recovery." The picture seems to
be getting uglier every single day. I actually expected
such a scene to happen in the 2nd half of the year if
you have been reading my blog for a while, but it happened
about 2 months earlier. It's OK, among all the chaos
and difficult and complex situations, there exists great
opportunities to grab some good bargain at good
beaten-down price.

Stocks will definitely open weak this morning, but you
are expecting a red-throughout day, then you may be
surprise at the tenacity of our market. I expect to see a
much better closing, and I won't be surprise that out
of the many "bloody" stocks, there will be some greens
poping out. Let the ferocious selling by the retailers and
un-known do their job initially, and the "mighty" supporting
hand will quietly sweep up the bargains.

For Genting, still the same 86.5cts, 92cts, 98cts level to
trade the stock. Some other stocks I will be watching
closely are Sound Global, Super Group, Swiber, Cosco,
Mermaid and YZJ.

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 20, 2010

Market View 20 May 2010

Nothing unexpected as Wall Street is again in the red
as "U.S. stocks fell on Wednesday as Germany's unilateral
action to ban specific trades on some stocks and bonds
sparked a fresh wave of uncertainty and risk aversion
among anxious investors." Dow fell 67 points, S&P dropped
6 points and Nasdaq lost 19 points.

Yesterday was quite a bloodshed for many stocks and
the retailers as well. I received an email from a reader
regarding Sound Global which he entered at a low price.
I told him to keep a trailing stop tight and indeed I believe
the stop was triggered in the afternoon when all hell broke
lose.

Expect to see a recovery today as stocks should have a
rebound today in a cautious mood. Keep to the winner
stocks when they are green.
With regards to Genting, just need to see these few price
support/resistance level, 86.5cts, 92cts and 98cts.
You can make money just trading on these levels.

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 19, 2010

Market View 19 May 2010

When I hit the bed yesterday night, Wall Street
was still very much in the green, but I was "greeted"
with a pool of red closing when I checked it this morning.
The indexes revsersed early gains to close low, as "Stocks
sank on Tuesday, driven lower as the strengthening of
financial regulation from Wall Street to Frankfurt crushed
bank stocks, adding to worries about the sustainability of the
global economic recovery." Look like the market will take
some time to stable down, and by the look of the futures now,
it is not going to be a pretty scene tionight.

These past weeks, my tradings have been limited to a couple
of stocks that I know will move everyday, that is, it will fall big
in a weak sentiment and rise up when the mood is better.
The results are still OK, given the fact that we are in such
drastic and volatile market condition. I will keep doing so
until the sky is clear blue again, but that will take some time.

Market will open weak today, and it is going to stay that way
throughout unless the futures move to the positive region, and
that is also a big IF, which the market may not move at all too.
Stick with the winner stocks ONLY when they are in the green zone.



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 18, 2010

Market View 18 May 2010

Wall Street ended in the green as "U.S. stocks
staged a comeback in late trading on Monday as
bargain hunters snapped up beaten-down shares,
setting aside concerns that efforts to tackle the
euro-zone debt crisis could stifle the global economy."
Dow closed up 6 points, S&P 500 gained 1 points
and Nasdaq added 7 points. Market will remain volatile
but it is going to be upside bias for the short-term.

Not much to talk about the yesterday market other than
stocks really closed better than the opening. We still have
winner stocks like Genting and Mermaid. Stay selective
in trading stocks nowaday as it is going to be volatile and
drastic in some of them. I am looking for quick in-out
trading opportunities this week and will get rid of those
losers who did not move up as seen on the chart.
Stick with the winner stocks, when they are in the green zone.

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 17, 2010

Market View 17 May 2010

Wall Street was volatile and irrational last week,
but the 3 major indexes still managed to close up for
the week despite last friday's sharp pullback.
"For the week, Dow Jones rose 2.3 percent, while the
Standard & Poor's 500 index gained 2.2 percent and
the Nasdaq climbed 3.6 percent." It is going to be another
volatile week "as growing doubts about whether Europe
can solve its deepening debt crisis are likely to take
center stage again." Market will seek to stabilise as
the news, facts and rumours are being digested and analysed.

For our local market, there isn't much more to say other than
we will be hugely influenced by the closing figures in the US
and European markets. It is not a time to be gung-ho but it is
still a good time to pick up some great bargains should there
be any drastic fall. We will opened weaker today, but support
will be in to push the market to a much better closing.

Stick to the winner stocks that I mentioned last week when
there are green with a trailing stop and a cut-loss. Market and
the stocks will be volatile and wild but opportunities are still plentiful.
I will comment more in the next few days as the trading week
progresses.

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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