Market View 17 February 2012

Market finally took a breather yesterday as
many stocks succumbed to profit-selling
pressure and closed at or near to the day-low.
Even STI also fell below the critical 3000 mark
again. With overnight gains on Wall Street, how
will our market responds today? Looking at
the pre-opening figure, we are going to open
brightly but I don't believe the shine will last till
the closing bell. Expect to see profit-taking
appearing and weakness should be seen in
stocks and the index again.

From the recent surge of STX OSV and China
Minzhong (CMZ), many readers profited considerably
from this 2 counters as seen in the comment
posted by some readers.
"I made quite a bit from STX OSV. Thanks for your tips.
 This is the first time i make so much from a stock and
 all thanks to you. Will continue supporting u all the way :)
 Keep up the good work and god bless u :)"
"Hi SL, Another great call on ChinaMinZhong, we are
 inthemoney for this stock. look like this stock maybe
 the next stxosv, thanks - BK & Friends"
"Thanks for your precious advice that i make more
 than what i am supposed to. I am really glad that i
 chat with you yesterday, else i would have sold off my
stx yesterday after it breakeven at 1.5. Today, it's more
 than coffee money! I hope you can continue to give us
 more tips on your star stock for 2012.
thank you, demi"

I am glad that there are readers who gained from
my blog recommendation (not tips lah) and willing
to post and inform me. Not many readers will do
so even if they had made a pile , but that is their
decision and I cannot force them to do any comment.
It is quite encouraging to see such comments as
my wife is always saying how stupid I am to setup
this blog and telling people what are the stocks that
will be running wild when I can just secretly profited
from them. Well...I believe that there are so much
money to be made from Mr Market and I don't and can't
control the market. I just voice out what are the potential
stock winners and the readers are the last person to
press the buy or sell button. Even if there are even more
readers jumping into certain stocks, the market is
still able to absorb all the transaction volume in a flash.
Frankly, there isn't a lot of readers and members in
this blog. I only have about 300 unique visits to the
blog and this is quite a small figure. I just treat this
to be a close-door niche group that believe in me
and my judgement and recommendations.

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