Market View 11 April 2012

US stock market suffered heavy losses in overnight
trade with the major indexes down more than 1.5%
Dow tumbled 214 points or 1.7%, Nasdaq down
56 points or 1.8% and S&P 500 lost 1.7%

Yesterday, I mentioned in Market View that
"Anyway, for those wanting to pick a bargain,
it will be better to watch the market for the
next few days before plunging in. I expect
to see further weakening this couple of days."
Indeed, looking at the pre-opening figure, we are
going to open weak and it may last for the whole
day. I will be watching for bargains but it will
be for a short punt rather than a mid-term buy.


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