Market View 8 September 2011

What a day we had yesterday with so many
stocks having a field day and rebounded well.
There are so many stocks to choose from and
most surged high and provided good profits to
those who ventured into them. I mentioned that
" a rebound is on the card and stocks should
move up in these couple of days cautiously. Stick to
the winner stocks and enjoy the ride.", and indeed
I have enjoyed the ride, and I hope you do too.

A readers commented that he bought Sheng Siong
at 44cts after what I wrote about the stock last
week. I stated that "And the correction will likely
land it in the 44-45cts region", and the lowest the
stock went was 43.5cts, a few bids off my expected
region. I am glad that someone actually benefited from
my analysis of Sheng Siong, that means that he/she
can actually read between the lines. Well done!

With regard to the crowd favourite, STX OSV, it had
done very well recently and 1.39 will become a good
support for now. It should be on its way toward the 1.46
recent high with good volume as a strong back-up.



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