Friday as I need to rush off to settle an important
last-minute errand.
I will keep it short for today as there isn't really
much to write on. The readers must have read the
news on the Middle East political crisis and about
the funds moving out of the emerging markets etc.
All these news to me is just BS. The only thing I
see right now is that there are more sellers than
buyers, that's all, and it was reflected in the stock
price action and volume.
To me, this is just temporary and once the buyings
arrive again, it will be a swift pull-up by the market.
I am still in a buying mood and readily pick up any
bargains that I feel was unjustified selling and I intend
to hold for a couple of months.
For those who are looking for short-term gains, you
should be watching the water-treatment sector which
I believe will have some action this week. Take note
of stocks like Sound Global, United Envirotech, Sinomem...
Technically, I believe Ezion should have a good trading
week as long as it surge pass the 68cts resistance with good
volume. Another stock that I am very interested in is
Sinograndness who will report result by Wednesday morning.
The recent high of 61cts looks to be re-test and challenge.
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
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