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Wednesday, April 4, 2012

Market View 4 April 2012

There is a "strange" happening in the market
this couple of days. If you look at the Top Volume,
you will notice many "strangers" stock in it,
and the usual "occupants" were nowhere to be
seen. On Monday, Genting is at No.28 place,
Noble at No. 41, STX OSV at No.44 Yesterday,
we can see that Genting is at No.15 place and
Noble at No. 28 and Biosensors at No.29
I believe the long-term readers will know that
this maybe the end of the run-up as the pennies
strangers are usually the last to participate in
the market rally. I for one don't touch all these
stocks as they will leave a bitter taste in my
mouth. They can go up 100% to even 500% in
a few days and I definitely will not even tweet my
eyebrow as they will fall hard onto ground in
a few days time once the music stopped.

For those who don't know, today is the actual
day of the Qing Ming festival.
Here is a poem from a poet in the Tang dynasty 

清明时节雨纷纷,路上行人欲断魂。
借问酒家何处有,牧童谣指杏花村

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  
     


P.S.: There is another IPO out yesterday, Bumitama Agri,
and looking at the reports, its placement was very warmly
received and oversubscribed. Its application will close
next Tuesday and I will give my view on the IPO in 
the coming days.   

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Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

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