Market View 25 April 2012

Don't you just love the see-saw and tug-of-war
sessions that we are having in the marker right
now? There is no clear-cut direction and trend
that we can take cue but to go with the flow.
If you have started reading the blog for some time,
you will know that I place very low importance on
the news in the newspaper or reports. I believe that
the rumours, news, expectations are all reflected and
factored into the price and it is up to us to interpret
what we see in the price action and volume.

There are many rumours flying around on China Minzhong
but I told the readers to look at the price action and
I really feel that there is nothing wrong or negative
news coming. I know that there are some readers who
got the stock at a good price recently and I can only
say that if you have a ready trailing stop, then there is
nothing to be worried. If you are entering the stock with
a mid-term view, then there is even no reason to fear.

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