Market View 16 January 2012

It is only one week away from the almighty
Water Dragon lunar year, and yes, I am
looking forward to it already. It is a good
time to take a break and enjoy the festive
celebration with the family and friends.
I believe I will be taking a longer break than
the 2 public holidays, I shall decide on the
last post of Golden Rabbit year.

With the S&P downgrades of the Euro zone
countries, it is going to be a bad day for the
market today. Looking at the pre-opening quote,
most stocks will open much weaker. Take this
as an opportunity to watch the show from
the sideline or trim down on positions.
But keep a lookout for green leaves among the
red flower or a total reversal of the stocks.
Knee-jerk reaction is also possible so expect
the unexpected.
I have mentioned the support level of various
stocks last week and be cautious of the selling
is coupled with high volume.

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      .