Market View 16 March 2011

Uncertainties! Fear! End-Of-The-World! Just throw first lah!
These are the emotions and feelings that is feeding
the market right now and are causing the massive
selldown in regional and worldwide market, currency and futures.
STI was down more than 90 points before staging a late
recovery to close down 85 points or 2.8% at 2946 points.

To be frank, I am stuck with a handful of stocks bought
at higher price due to my indiscipline and reluctance to act
when the charts are clearly showing signs that the trend
is over. For the near term, I may become an unwilling
investor or I will just simply close both eyes and cut loss.

With so much uncertainties, the market is going to be
volatile and irrational amid all the possible events popping
up as the news from Japan come through. I am still
looking for great bargains in the selldown stocks which
is fundamentally sound and will benefit from the Japan
after-quake recovery. For technical point, I will be looking
for bottoming signals from the chart but that is unavailable
in many stocks right now. I don't believe in the 2012 end-of-the-world
bullshit and continue to be in the market and don't tell
me about the radiation cloud flowing to Singapore.
It is unlikely to happen, and before it happens, many countries
along the way will be strike first before reaching our shore (sky).

I am looking to pumping money into quality Blue chips, and
for other sectors like the Oil, Commodities and even the
Water treatment companies.

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