Market View 26 July 2011

If you are still wondering where the wayang
show in US will lead to regarding the US
debt talk, I am only say that all roads lead
to Rome, and it will be dutifully fulfill before
the deadline of 2 August. Just my personal
2cts view.

Genting is now stuck between the 1.76-1.83
range and you can see from the chart that
a break of either side will be followed by many
hyenas waiting at the sideline. I am also waiting
for a breakout and I believe it will arrive pretty soon.

I believe that I mentioned before that the current
market is more suitable for short-term trading
as there are just too many uncertainties and a
slight news can triggered off a selloff or a great
rally. Stick to your cut-loss and trailing stop diligently.

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