Market View 19 April 2011

Back in trading in this holiday-shorten week but
looking at what happened to our market and the
mid-small caps yesterday, lots of action expected
this week.

A pool of reds were seen in my watchlist yesterday
but when I look at the charts of some of the favourite
stocks, I can see that they are only in a consolidation
state. Although I can't look into the future, I certainly
don't see a financial tsunami coming. Stocks may continue
to fall or move sideways and it is a good time to just
take a back seat and have a good rest, which is what
I will doing this month-end. I will be on a holiday break
for about 2 weeks from 24th April to 11th May, and the
market view will likely be back on Monday, 18th May.

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 

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