Market View 25 May 2011

I wasn't available to write the Market View yesterday
due to some last-minute pop-up.

Some readers asked me whether it is a good time now
to get in some stocks since they had fell quite badly on
Monday. My personal view is that yesterday was a
technical rebound for many stocks as the fell was quite
drastic on Monday. I prefer to wait for a bottoming
signal before putting any more money into the market.
I do bottom-fishing but I am more incline toward adding-up
when the bottom is confirmed or completed.

There are numerous reports that the worst is yet to come
in the Europe zone debt crisis and there is fear and worry
in the market right now as shown in the market volume lately.
My crystal ball tells me that anything is possible right now
and a spark can strike off an explosion but I am still waiting
for the confirmation from Mr Market.

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