Market View 7 December 2011

We are very near to the new year but it
seems like the year-end rally is nowhere in
sight or is it the case? This is the most  common
question that I received recently. While it may
look the way now, I expect to see a much better
market condition in the  days to come.
Prove me wrong, Mr Market.

I specifically only mentioned 3 stocks last few
days ago, and let's see what happened to them.
Noble have broken the 1.205 resistance and as
long as it is above it, it is fine.
Genting is still some way from the strong 1.57
resistance after testing it on many occasions.
But resistance are meant to be broken, and
once it is breech with a healthy volume, the
upside will be rewarding.
STX OSV's resistance of 1.24 is just a few steps
away, and it should be tested and breech again.



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