Market View 12 April 2012

US market rebounded in overnight trade
and I expect to see the same reaction
in our local market as well. If you really
read what I wrote, it is still a rebound play
that we will be looking at today.

2 readers asked me about the next coming
IPO Global Premium Hotel. I can only say
that I will provide my recommendation and
view after its official IPO launch. It is still in
a public comment stage but on a first look
at it, I don't like the company's prospects.
If it is not the 4th IPO this year, it may not
perform well. I will comment more when
it is out.

Bumitama will debut today and from the
pre-opening figure, it is going to open around
$1. This is normal for a Hot IPO with all
the excitement and hype around it.
If you are chasing it, strike it within your range
and it is a guerrilla warfare, hit and run.

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