Market View 8 November 2011

The Sunday Times carried a report on young
investors like the undergrads making and losing
money in the stock market, while also mentioned
that they steer clear of CFDs, the hottest topic now.
Frankly, I read with uneasiness of such report as
I can vividly recalled that there was also a report
about a U-grad making like hundred over thousand
from the market in a year or so in 2007. Guess what,
the market have a great fall about 2 weeks later.
This is like an unconventional market reversal indicator.
I am not saying that the market will definitely 100%
fall in the near term, but History like to repeat itself
and I am turning cautiously optimistic about how
and where the market will be heading now.
If you read my blog for a while, you will know that
I am quite bullish about a good nov-jan year-end
rally. I am still looking at it but I am turning cautious.
Don't blame The Sunday Times for the report, you should
in fact thanks them for giving a possible reversal indicator.

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