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Thursday, June 7, 2012

Market View 7th June 2012

Ok, regarding the issue of having frog picture all
over this blog, it got to do with the 3rd-party template
that I am using now. I will change to a standard Google
template and that should solve the problem. Endure the
"frog" for another 2 days and you will have a new look
of the blog next Monday.

Next, some readers asked whether the market have
already rebounded and they have miss the boat again?
Well, what more can I say? I stated my head-dropping
stand on the Tuesday blog although I also told a few
readers beforehand on Monday. It is not whether you
knew it early or late, but whether you have the courage
to take the plunge and to start buying stocks.

Can you still buy stocks now? If you read what I said
in the bold blog entry on Tuesday, I stated that I expect
to see a good June-July. Therefore, if you have the money
to hold stocks for a couple of weeks then yes, please
proceed to get some still-good bargains. If you are playing
contra, then still vigilant and get ready for any intra-day
opportunities.

Will the market drop again?
This is a one-billion dollar question and the answer is
an almost definitely YES. What go down will come up,
and vice versa. Actually, to say the real truth, I was expecting
the bottom to be formed in days and not on the exact
day that the Tuesday blog was out. But you can't blame
Mr Market for that. He like to give surprises and we will
have to follow his scripts.

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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