Market View 6 September 2011

This is going to be a very exciting and
equally stressful trading week looking at
all the news, rumours and ominous signs
that are floating and waiting to fall down hard.
If the current US indexes futures are used to
gauge the price action of our local market, then
it is likely to be as bad if not worse than yesterday's
action. Just be very vigilant of the erratic market.

Frankly, I am still picking up stocks bit and bit and
I will increase my buying if and when STI reaches
the 26XX region. I expect good buying strength to
emerge when the sell-off reaches the climax, if
it really happened. If you are seeing Fears in the
market, then you can either stay out and watch the
horror movie on show or pick out some good bargains
along the way.

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 

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