Market View 17 January 2012

Market pullback yesterday on the news of
the S&P downgrades of the Eurozone nations
but it is not as bad as predicted. It is looking
like it had already been factored into the markets
and the 3 major European bourses even closed
in the green. I believe we can see a firmer
trading today and a greener finish.

I got nothing much to say about individual stocks
today as I have already stated their support
and resistance last week and it remains the same
until either side is broken. The only thing I can
give today is look out for the Trading Volume.
Yesterday selling is coupled with a more subdued
volume but the volume should be more "excited"
during a firmer session.

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      .