Today is the last trading day of the first-half
of the year and the last day to do any window
dressing for the funds and institutions. It is very
likely that we will see a rather volatile and drastic
trading day with wild swings like yesterday.
In overnight trade, Dow recovered from a loss
of near to 180 points to close only down slightly
25 points. This is the type of market action that
we see in recent days and we can expect to see
such happening very often as the market is driven
by swinging sentiment and uncertainties with
any news a potential catalyst or a dampener.
Stick with the stronger stocks and don't touch those
weaker ones like those hitting 52-weeks low or
hovering about that level.
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
1 comment:
Dear Sir, tks to your daily notes to us. Market seems bullish now, pls adv which are the few we can start buy and hold for short term. I always pick the wrong counters, not moving much, holding up my funds. Many thanks.... Again for sharing with us. Wish you many fruitful trades Mr Stocklobang.
Mint....
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