Market View 5 January 2012

Look like the recent market euphoria is
going to stop anytime soon and it may be
even today. It had been a pretty good ride
last couple of days, and with a relatively low
volume, the optimism has to be stopped somewhere.

A few members emailed me to ask about my
selection of stocks which was given out 2 days
ago. Well, I did mention that I only look at a
handful of stocks closely, and those are really
the stocks that I monitor everyday and traded
regularly. If you notice, you won't see a day without
action in the mentioned stocks and that is what
I depends for a living. Some members commented
that the stocks are "risky" as they can move very
drastically and wild. It is only risky when you don't
know about the stock and yourself. If you trade them
blindly or near-blindly, then you deserve to be bitten
by the "risky" stocks. Monitor them everyday, look and
learn and track their price action on the charts everyday,
be "friend" with the stocks but never fall in love with them.


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