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Tuesday, June 26, 2012

Market View 26 June 2012



It is quite interesting to hear the CNA presenter
stated that US market suffered a heavy losses
when Dow was only down about 138 points or
1.1%. So last Thursday 250 drop will be a disaster
and end-of-the-world happening? At this juncture,
wild swing in the market is expected as news from
the Euro, China and even domestic news within
will determine the market movement but it may be
a very short-term movement and all will be fine
in a couple of days or even the next day.

Stocks are expected to open weaker today but I
see a much stronger closing as the day progresses.
Stick to the greens in the pool of reds as what we can
saw yesterday in Ezra, Indo Agri, YZJ....

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 

人笑我太疯颠,我笑别人看不穿  



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