Market View 7 March 2012

It was a great pool of red in my stock watchlist
and I believe that many of us will see the same
colour too. I received emails and Skype asking
is it due to the European nation debt issue, or
the China's growth forecast or whatsoever that
is in the news. I have to say this very cruelly,
if you are still hoping to find a reason to any
rise and fall in the market then you seriously need
to do a brain-washing to get rid of all these
financial-draining thoughts. Did you not notice that
when the market is hot, there will somehow be
a party-popping news out somewhere that will
send the market into a whirlpool and when it
is hopeless and dead-quiet in the market,
a wonderfully optimistic and market-welcome
news will pop-up to bring cheers and volume
and momentum back into the market?
Think about it, who is really behind all the
market news and action?

Anyway, stocks will definitely open much weaker
today and do watch for the support level of
the various mentioned stocks. I don't do much
shorting but I will be ready for any rebound that
is happening to the winner 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 

别人笑我太疯颠，我笑别人看不穿