Market View 9 April 2012

Looking at the pre-opening figure on the
many stocks now reveal that we are
going to have a weak opening soon.
Nikkei is down about 1.5% now too and
it look like we are going to have a
"red-lettered" day.  I have already pre-warned
the readers last week that I am seeing
a decline in trading volume, and the occurance
of many "strangers" hogging the Top Volume.

All that we can do right now is to see if
the stocks bounce off from the support
level or breech through it with heavy volume.
I expect a 10-13% pullback from the recent-high
for the stocks and that will also provide a
good pick-up region.

I am suppose to provide a write-up on the
in-coming IPO Bumitama today and I wasn't
able to post it yet. I will do so by today 1pm
and you can check back at Singapore IPO Lobang
this afternoon.

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