Market View 25 March 2011

After resting on the bed for the last 2 days,
I am back feeling great and energetic once again.
The Virus had really bring me down to my knee,
I guess I have not taken a good break this year.

Anyway, on Tuesday's blog, I mentioned that Genting
will be surging and  "I am cautiously bullish that it will
get push-up to the resistance soon." Indeed it is up
above the $2 mark again and you would have made
at least 5 cents if you go with the stock in the last 2
trading sessions. It will have good support at 1.97 and
further upside resistance will be around the 2.04 region.

I also suggested the readers to go into HPH Trust which
was trading around 95cts when I wrote on it on Monday.
It had since moved up and closed at 98cts yesterday.
How high can it go? Your guess is my guess but this is
definitely a good mid-term stock and for me a stock to
keep for a long time.

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