Market View 22 February 2012

This is getting interesting...
I "suddenly" received several emails asking
for stock trading "tips" to make some money
in the current market condition. Thank you for
such a great indication that the market may have
already hit its interim peak and the headwind
will come at anytime. I got people who just opened
a brokerage account and immediately want to
make money from the market. I don't know
whether to give out any more fishes as this
is not helping him but will cause him more
damage in the long run. I have to re-iterate again
to educate yourself before plunging into the
market. This is not a casino that you are going into
and with many simply trading on contra, the losses
can be quite disastrous. Read up on some books,
follow the stock for some time, look up the charts,
read up the news, and don't just ask for "tips"
I am not a tips-giving machine. Oh ya, by the way,
I am not giving out tips, I am just stating what the
charts told me about the support/resistance and
where and what the stock will do next. You can call
what I am doing as giving out recommendations.
I simply don't want to see in Skype or read in email
any mention of the word "tip". Period. 

Ok, some readers wrote that I have not writing much
about the trading stocks. There are a few reason,
firstly, I am going off to a one-week vacation next
week so I don't want to be heavily vested this week.
Next, I am looking at fragile trading sentiment and
condition happening in the stock market and many
stocks are showing signs of taking a break.
I tell you something that I observe. There is no single
day that none of my recommendation stocks in the
beginning of the year is being played-up and in green.
If there is a day that ALL of them are red, and it continues
for a second day, then be very careful.

You guys need to know that the market won't be moving
up in a straight line and last throughout the year.
At some point of time, something drastic is sure to
happen and it can be a shocking news or financial figure.
Then the selling will starts and retracement back to
reasonable price will happen to the stocks. The BIG BOYS
need to buy low again and they will press down the
stock to collect them at low. And the ball game will
starts again. I believe the TIME may be very very soon.

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