Market View 18 May 2011

I will keep it simple today as my view on the current
market condition did not change much from what
I wrote on Monday before the public holiday break.
If you have a mid-term view and willing to hold the
stocks for a couple of months, this is precisely a good
opportunity to grab hold of some "cheap" bargains.
Although the "cheap" may get "cheaper" but there isn't
always a perfect time to buy, and I am not saying that
you should show hand now and put your entire fortune
into the market now. Start small and gradually add-up
when the volume and momentum picks up along the way.


For Genting again, it may test the 2.04 support level and
rebound or it may surge pass the 2.10 resistance which will
trigger my close attention when that happens.

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