Market View 3 March 2011

Wall Street recovered slightly in overnight trade
but regional and our market look weak and the
selling will continue although the scale may be
weaker as more bargains are in the market now.

Let's put it this way, if I tell you that there is a
massive sales of 90% discount in a jewelery shop
starting from tomorrow 9am and limited quantity only.
What time will you reach that shop if you are really
interested? Exactly at 9am or the night before at 9pm?
It is the same situation with the market now, there is
a great sales going on, but the price may get lower
each day or it may just spur up and never look back,
what do you do?

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