Market View 21 June 2012

US market closed mixed "after the U.S. Federal
Reserve extended its bond-buying program, dubbed
"Operation Twist," but failed to do more to stimulate
the economy" Looking at the pre-opening quotes,
our market will likely have an muted start but I
believe the excitement will start to come in as the
day progresses.

From what I saw in the market for the last few days,
I believe that the palm oil counters look set to be
revived into action, and I will focus on the major ones
like First Resources, Indo Agri, Golden Agri and the
recent IPO Bumitama. Do take note that Volume is
very important in the run-up of stocks and the mentioned
counters need to see strong volume coming in
before the momentum can run on.


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