Market View 14 April 2011

Market rebounded yesterday as bargain-hunting
were seen in stocks recent battered down, but the
issue is how long will be the rebound lasts?

I told those who asked me about the current market
condition that yesterday is just a rebound and the
market may go down or consolidate again.
My view remains the same for today but if I see
further market volume and buying, then this rebound
will lasts.

Genting closed at 2.12 yesterday and is now trading
in a tight range of 2.04-2.10-2.18 I am still quite bullish
that the stock will reach the 2.18 resistance, but the
support of 2.10 has to hold firm.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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