Market View 24 February 2012

This is getting more and more interesting...
I received emails and skype message that
just the mentioning of me going on vacation
is "powerful" enough to cause the market
into a tail-spin. This is like making a mountain
out of a molehill. The market is already over-ripe
for a healthy break and it can happen anytime
just that it somehow materialise 3 days before
my departure.

So is the selling over?
I am actually expecting a 10-12% retracement
from a recent high and for some stocks it is still
just the beginning of the selling and it may take
a while for it to be done.I will try to compile a list
of support/resistance for the recommended stocks
today, and if it is not up by tonight, it will be before
I left Singapore. Do take note that this is just my
personal view and it may or may not work out
this way.


On a side note, this blog is going to be revamped,
but I am still considering the scale of it. I am trying
to appease my wife's critical comment that it is stupid
for me to set-up this blog to tell strangers about the
winning stocks when I can secretly trade those myself.
Anyway, this is a story to be told when it is "de-classified".

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