Market View 10 November 2011

Needless to say, our market will suffered
the same fate as the European and US
market in overnight trades. All 3 major
indexes in US closed down more than 3%
"as investors saw the spike in Italian bond
yields as a signal that the European debt crisis
had worsened."
I warned and voiced out my concerns 2 days
ago about the article in The Sunday Times and
I don't know whether it is coincidental or the
article is taking the effect that fast.

Noble announced the first quarterly loss in a
decade and looking at the pre-opening figure,
it is going to be an ugly open price. The market
did not expect the loss and although the fundamental
is still sound, a bashing is unavoidable.
I still like the stock and will take this chance to
pick up a good bargain.

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