Market View 3 October 2011

In a flash, my holiday is over and the
Q3 is also over and we are in the first
trading day of Q4 2011. It seems that my
travel jinx had strikes again and the market
was in disarray and chaos from the first day
I left the country on a plane. Now with the
financial troubles seem to be never-ending
and STI is now at 2675 and and heading into
another bloodshed today, what is my view
in all these gloom and doom?

A lot of readers and members asked me about
STX OSV which had fallen from grace and
it is currently trading in the 90s. It was one of
my great recommendation and I can say that
many did benefit from it. Before I went for my
holiday, any enquires about STX OSV was answered
by me in just one way. I specifically told the readers
that they can only invest in the stock and not buying
it on contra, but I wonder how many did heed my
advice. The stock fell because of fallen expectation
on the future earning and new order prospect by
the analysts covering the stock. Market and stocks
are driven by expectations and predictions from the
mass market players although the fundamental of
stock may not have change at all. Truthfully, I am still
in the stock as I still believe in the stock's propsect
and believe that the selling was overdone. I can't
overturn the pessimism on the stock by myself but
I can hold differing opinion on the stock against the
masses and I believe I will be proven right as the time
passes by.

As I was mentioning just now, amidst all the chaos,
disarray, crisis, doom and gloom lies great opportunities
that the brave and vigilant can venture and gain from it.
My blog title is 危机就是转机! and I still held the belief
that this CRISIS is a GREAT opportunity to rearrange the
riches in the market. With the STI in the 26XX region now,
it will be a marvelous time to pick up and BUY.
If you are still waiting, then history will repeat again and
you will be buying at the near peak once again when
the market rebounded strongly. I expect a good reversal
rally this quarter and I believe we should have a profitable
quarter to show for. 


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