Market View 2 March 2011

STI surged high yesterday closing up 57 points
or nearly 2% but with the US tumbling overnight,
how will the market react today?
(Dow fell about 1.4%, Nasdaq lost 1.6% and
S&P 500 dropped 1.6%.)

Market will definitely opened weaker but I am
looking at a better closing by the end of the day.
Many stocks performed well yesterday and their
gains will be tested today.
As expected, Genting hit a high of 1.97 yesterday
and closed at 1.96 It should be trading within the
range of 1.90-1.97-2.04 right now.

Many readers told me in Skype that they saw unsightly
frog pictures popping up in my blog yesterday.
I believe the frog had since moved on and I don't see
them in blog this morning. If somehow the frog comes
back, just skype me and inform me.

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 

别人笑我太疯颠，我笑别人看不穿