Market View 1 September 2011

What a great last trading day of August we got
yesterday! Stocks really ran amok with many
posting strong and impressive performance with
very healthy volume to close high or near day-high.
It seems like yesterday that I recommended reader
to start picking up bargains in the 27xx region and
even when STI dropped to a low of 2680, I continue
to encourage the readers and Skypes users to buy.
Now at STI standing at 2885, I seriously wonder how
many had heed my advice and benefited lately.
If you are willing to share your experience or winning
trade, you can leave a comment on the blog or email
me or Skype me to tell me about it.

Some users asked me whether this surge will continue
and for how long. Frankly, if you are technically trained,
you should be able to notice that this is a rebound that
we are looking at. The very short-term trend is optimistic
but the future is not all clear yet. There are still thunder
cloud in the horizon and I won't know whether it is just
a passing rain or a major hurricane. I can only say that
enjoy the current rebound for as long.

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