Market View 8 May 2012

It was a big pool of red yesterday but sadly
the trading volume remains thin and I would
have hope for a more drastic drop coupled
with heavy selling, alas it was not to be.
Market will remain relative volatile and erratic
and I won't rule out the chance of yet more
selling will come. But I am a man with cup-half-full
and I will continue to monitor for any good
bargains along the way. Some people I know
simply want the market to be 100% on the
upside and don't want to see any blood on the
street. If you are holding such belief, then you
should not be dealing with the Mr Market.
Maybe a trip to the beach and watch the how the
sea waves behave will be beneficial to you.
It is with such big selling that will ensure that you
will be able to profit heavily in the coming months.

I met up with some old friends yesterday and while
chatting with them on some financial issues, I saw and
sensed Fear and Uncertainities in their voices. I like it.

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