Market View 9 January 2012

We are only 2 weeks away from the
Water Dragon year, and I received emails
asking whether we will have a soaring
pre-CNY rally or even a roaring post-CNY
year as well. I have very good memories
of all these Dragon years as I have as good
trading results on those years too. I believe
that this year will be no exception and I am
still look forward to a soaring and roaring
trading result this year.

One reader asked me why is Genting always
stopping at 1.57 It is because this is considered
quite a strong resistance for the stock and it
will require impressive volume coupled with
strong momentum to overcome it. And once
the coast is clear, it will have a very clear sky
ahead. The next question is when, I believe that
it should be very soon. Monitor its price action
and it will be testing the resistance time and time
again until it is broken cleanly.

In the meantime, you can also look at the other
stocks that I given out at the beginning of the year.

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