Market View 9 May 2012

I was having problem posting the blog just
now and only managed to login to Blogger now.

Anyway, market should be weaker today given
the overnight fall in Wall Street. If you are
trying to pick stocks for contra positions then
my suggestion is don't, as I can only see further
selling ahead and the index is likely to fall.
But if you are putting money in quality stocks
for about 2-3 months, then take your time to
select the good bargains.

A few members are still asking about the recent
IPO which I have already stated their technical
breakout price days ago. Civmec looks to be the
leader of the pack now and although it is a rather
surprising choice, it is doing very well currently.

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