Market View 22 March 2011

It was a good bargain-hunting and bottom-fishing
session for some yesterday with the blues, mid-caps
and pennies enjoying the buying spree together.
Is the trend going to continue? Well, as long as there
is no further untoward news coming from Japan,
the market recovery will be definite.

Genting is at a cross-road now having closed at 1.91
yesterday. Surging up and it will hit resistance at the
as-usual 1.97 level. It will have good support around
the recent low 1.86. I am cautiously bullish that it will
get push-up to the resistance soon.

The commodities, water and O&M sector have always
been my favourite hunting ground and they have pay-off
quite well in all these years. I believe they will also lead
the way this time round. Don't ask me about the what stocks
are worth looking. I have mentioned their names on numerous
occasions and it is still the same old stocks for 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