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Thursday, July 12, 2012

Market View 12 July 2012

STI marched on yesterday while the mid-cap
had a lackluster session and many with lower-
than-normal trading volume. The Blues are
strong while the rest are "resting". I jokingly
told a Skype reader that the Blues are in their
own world. Another observation that I made
yesterday was that the Top Volume was saturated
with micro-pennies and you have to search to
find the normal winner stocks in it. I don't like
what I am seeing right now and I did highlight
the same happening last time and it seems that
the market is really going to take a deserved break
soon after all.

You can say that I am selfish but I would like to
see the profit-taking getting intense so that not just
me but we all can get the stocks at a lower
price again. Will I get it? I believe I will. 

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    

1 comment:

mistyblu said...

oh no, does it mean july won't be a good month afterall? i bought semb marine at 5.12 and YJZ at 1.18 and was hoping to see those levels again before the market takes a break :(

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