Market View 6 March 2012

Hello Everybody, I am back!
The Market View wasn't back yesterday not
because of jet-lag or whatever, it was  due
to a very simple reason: I Overslept!  8-)

Anyway, it was quite a "bloody" day for the
pennies and the mid-caps yesterday but the
index is only down slightly at a negligible 1.7 points.
The selling had pushed some stocks to the
support level while some have breech the nearest
support line. Before I went for holiday, I have openly
said in the blog that I expect a 10-12% pullback
for the stated stocks if the selling starts and I still
believe it should be this way. The index stocks are
supporting the whole market in view of other news
from the Europe zone and US, and if the selling
spread to the big caps, then it is really a case of
覆巢之下无完卵.

I believe that the selling will be a significant one
and it will be a very wonderful time to pick up
some good bargain along the way. In my own view,
we should have another splendid year-end rally.
It is really a case of 神龙见首又见尾.

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