Market View 16 March 2012

Market is really quite tricky at this stage,
although the index and some stocks are
still charging higher, the trading volume
has not been impressive. I am a trader who
don't just look at the how a stock advances
or declines, I also look very closely at the
transacted volume. Many books did not place
Trading Volume high up in the list but that
is something I realised and experienced in
all these years of trading.

I believe that the stocks will be range-bound
for a short time and the upside gains will
be likely capped for now. We need a catalyst
to either continue with the trend or a counter-trend
trading will begin. I still believe that we should
see further weakness in the market pretty soon.
If you are doing contra-trading lately and you
have quite a handsome profits on a few counters,
it is better to take it bit by bit over time.

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  

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P.P.S: P.S.: There is still time for a Dragon baby, go to
Having A Dragon Baby for more information.