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Monday, August 29, 2011

Market View 29 August 2011

A few readers emailed me asking whether we
will have a post-PE rally today and how will
market react to the elected President Dr Tony
Tan? My view is that the market will focus on
what is happening abroad and regional rather
than a domestic event such as PE. No big
impact will be detected today. If you want to
know who I voted for, well, I belongs to "the rest".

Given that tomorrow is a public holiday, I
believe that our market will be rather quiet and
will be range-bound trading today. I don't expect
to see huge swing today but just be prepared
for anything unexpected.

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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Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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