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Wednesday, July 27, 2011

Market View 27 July 2011

Our market continue to move north while
Uncle had been heading south for the last
3 days. I believe that the our market will
succumb to selling pressure pretty soon
in view of the uncertainties in the US debt
level. It is likely that we will trade weaker
and the blues will suffered the most, while
selected small-mid caps will continue to
defy gravity.

Nothing much to talk about Genting as it still
within range. I got a few members asking about
STX OSV. My view is that it is near its peak
for this round of surge and it will likely take
a break soon and consolidate and awaits the
next upside breakout.

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 

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