Market View 8 February 2012

Some readers emailed me to ask about
their positions in Yoma which "dramatically"
fell from grace yesterday and ended the day
deep in the red. As what I mentioned many
times, I am really not into all these speculative
counters which will pop-up time and time again.
If you are prepared to risk in this type of counters
then you also need to prepared for such a
reversal. And if you enter without a cut-loss level,
then the losses can be disastrous. The way that
I look at what happened to Yoma, it may be
a prelude to what is going to happen to the many
speculative strangers and micro-pennies in the
Top Volume.





Recently, I believe that the readers can sense
from my Market View that I am turning cautious
about the current market situation, and indeed I am.
But I am still in the market with a few stocks that
are still continue to trade high but with lesser stake.
Sometime, you have to "Buy Low, Sell High" and
at times, you have to "Buy High, Sell Higher",but
the risk is definitely much higher too. I believe that
any profit-taking now is beneficial to the market as
it take a break and get ready for the months ahead.
This is going to be a real tug-of-war between the
bulls and bears and the bulls have been winning
the battle for the past month or so, and the strength
are weakening looking at the transaction volume
in the mentioned stocks.

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 

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