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Thursday, February 10, 2011

Market View 10 February 2011

On Tuesday and Wednesday, I  mentioned Sinograndness
in my blog and I received many questions from the Skype
members about the stock. They were concerned that if they
buy the stock again, they will be buying at a higher price than
they sold the last time. It is quite amazing that such a concern
is raise as that is precisely why the stock is worth of another
entry. It is staging another surge and its momentum is unstoppable
as it closed at day-high 60cts yesterday. For those who took the plunge,
enjoy the surge (again if this is your 2nd entry) and just have a
ready trailing stop which I don't believe will be triggered.
For those who die-die want to have a price target, I will say it
will hit initial resistance above 60cts and around the 65cts region.

Genting is still on a cha-cha dance so my previous view on it 
is still valid and awaiting further confirmation from the price
actions.
I am still bullish on the 3 stocks that I mentioned yesterday and
please don't ask me which one will move the first and the most.
Frankly, I don't like such questions as it is quite annoying although
I can understand where you are coming from. Everyone want
to make the most money with the least effort but somehow it
is not that practical in front of Mr Market.


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

P.S.: The Market View may not be available tomorrow morning
as I got a dinner tonight. If I can wake up in time, then I will
provide a Market View, or else....

1 comment:

Anonymous said...

hi.. i got my sinograndes.. but not before reading your yesterday entry.. almost shit in my pants when u mention you dont like it.. i avg up since already in yesterday afternoon as price remain stable when STI red. Trues enough it move as per your blog .. Spot on again.. Congrat!!

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.

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