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Thursday, October 27, 2011

Market View 27 October 2011

Don't you just hate it when the meat destined
to be coming into your mouth suddenly dropped
onto the floor?!!? When I saw that Dow was down
over 200 points on Tuesday night, I was so happy
that I will have another chance to pick up some
bargain and was hoping for another bloody session
on Wednesday. But to my disappointment, Dow went
up 162 points, although it is still net negative of about
40 points, our retailers and market players will choose
to be "forgetful" and just favour in the yesterday closing.

Our market will open high today but I really hope that
I will get my wish and the stocks will pullback and I can
take my time with the pickings.Will just keep it short
for today.

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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