Market View 23 May 2011

A Skype readers told me that he is interested in
getting a S-chip that he feels is a bargain at current
price and having good fundamentals, but he don't have
enough money to buy his desired quantity. To be frank,
you really need to have some "reserves" each month
set aside for such an investment  when opportunities
strike. I told him that he can start by buying small with
his money available now, and since he is working, he can
buy more of the stock when he gets his salary monthly.
I am still pretty cautiously bullish about the market now
although there are tons of bad news available for you to
digest if you so desired. We have the European debt crisis
looming in the horizon and the QE2 ending next month,
lack of fresh trading ideas, etc, but I believe this is just a
challenging time for us to pick up some bargains, at least,
this is what I see and purely my own personal view.

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