Market View 10 May 2012

Another negative market close in the US
and based on the pre-opening figures,
we are going to see a firm-to-weaker day
again. It had been this case for the last few
days that the market starts to react to the
opening in the Europe markets.

Like what I mentioned in the blog before, now
is really not a good time to be gungho and
contra on the stocks if you don't have the time
to monitor them. Market is very volatile and "crazy"
now and wild swings are expected and that
can change direction and knock you out cold.
Instead, one should seek to pick up quality
stocks that had been regardless battered.
This is my personal perspective on the market
right now and that is what I am doing too.

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