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Thursday, January 19, 2012

Market View 19 January 2012

This blog entry was supposed to be posted
much earlier. But when I started my computer
this morning, there was a "Preparing to configure
Windows. Do not turn off your computer." screen
and it took about 20 minutes before the main
screen pop-up. So I am left with not much time
to write before the market opens.

Yesterday, many stocks pull back after hitting
the various resistance near the day-high. I wasn't
present in the early morning due to setting
some errands but when I came back in the late
morning, I immediately alerted those on skype.
I hope that they benefited from my "timely" alerts.
It is perfectly normal for stocks that have been showing
great performance to take a break and it remains
to be seen whether they will continue to charge-up
further or rest for a while. With Uncle Sam up in
overnight trade, stocks may try again at the resistance
so take note of the day-high yesterday. Stick with
the stocks that can break it but I will suggest that this
to be an intra-trade or very short-term trade. Take
profits off the table and enjoy the CNY without much
worries on the US and Eurozone situations.

Yesterday, I received an encouraging email from a
blog reader and with his permission, I will publish it
in the blog today.

"
Hi Mr Stocklobang
 
So far the stocks you recommended is doing very well.
 
Stock Price on 3 Jan 12 Price Now % Gain
China Minzhong 0.82 0.92 10
GLP 1.76 1.87 11
STX OSV 1.165 1.42 25.5
Noble 1.145 1.17 2.5
NOL 1.135 1.265 13
Yanlord 0.96 1.06 10
Biosensors 1.42 1.545 12.5
Ezion 0.665 0.715 5
Ezra 0.84 0.99 15
First Resources 1.5 1.605 10.5
IndoAgri 1.275 1.41 13.5
Yangzijiang 0.915 1.02 10.5
 
On behalf of my friends who read your blog daily and have made money from your advise, we would like to thank you and wish you a happy and prosperous lunar dragon year."
 
I am glad that there are readers who benefited and profited 
from this blog and my recommendations. It is for all these
faithful and appreciative readers that I will continue to
post meaningful and rewarding recommendations and view
on the market and individual stocks. Thank you to all readers.


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   
 

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Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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