with the index, big-mid caps and pennies feeling
the effect of a correction selldown. I received
many questions about the cause of the recent
weakness and when it will stop. To me, this is
just a normal kit-kat chocolate time and I just
need to take a break while still having a eye on
the market happenings.
I mentioned in previous blogs that there are
bargains in the market due to the sellings.
In my opinion, Genting is a good buy below $2
as it will likely find support around the 1.97 region.
The risk is still intact and a mid-term viewpoint
is needed in such a trade.
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
1 comment:
is it still a good buy for genting?
V
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