Market View 16 May 2011

First and foremost, I wasn't able to write the Market View
last Friday due to Blogger doing some maintenance and
wasn't up throughout the whole morning. Some readers
may have saw the new outlook of the blog last Friday morning,
and guess what, after the Blogger maintenance, the blog was
reverted back to old black-red look. It seems that Blogger
is having some issues with those updates done last Thursday
night. Anyway, I will put the blog back to the new template
in the near term.

Ok, back to the market view.
It is most likely that today will be a rather quiet trading session
today with tomorrow's Vesak Day public holiday lingering in
the traders' mine coupled with the fall in the US market last
Friday. Some readers asked me whether now is a good time
to buy some bargain stocks that had fallen from grace.
I am still quite confident and bullish that the market will still
have a decent (indecent?) performance in the following
months leading to the grand finale in the 4th quarter.
It is time to pick stocks slowly throughout the month and
it is for those that are willing to hold them for the near-term.

For those asking about Genting, I can only re-iterate the
following important price for the stock: 2.04-2.10-2.18

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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