Market View 15 May 2012

Another bloodshed in the US due to the
political stalemate in Greece and it is likely
that we will be feeling the effect and impact
as well. There is no good news recently and
all the doom and gloom are back in the market
with no silver lining seen anywhere yet. I expect
the situation to become clearer and brighter
in June and we may even see a rebound by then.

STX OSV was the main topic questions and
enquiries that I received yesterday by Skype and
emails. It pre-moved before the result announcement
yesterday evening and it was quite a respectable
result although there are declines both in the sales
and the bottom line. But the management also
highlighted its healthy order book in its presentation.
I believe that it will be pretty volatile today and wild
swing like yesterday may surface again. Just look
its yesterday day-high as a gauge. A breech above
it with strong volume is a very good sign that it will
continue to surge higher.

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