Market View 17 July 2012

STI edged up again to close in positive
zone yesterday but the mid-cap and pennies
did not really move much despite a 204 points
surge by Dow last Friday. It is like the whole
market had been frozen and is now waiting
for Mr Bernanke's comment tomorrow.

Ok, I received a comment yesterday and it is
as followed, "Good morning Sir, I would like to know
in stock market which is the worst month and best time
to buy stock. For now, do you think there are still good
counters with good price for dividend investing, could you
recommend us few good one to park our money in. Many
thanks again for sharing.
Mint"

I will quote the late Mr Mark Twain in answering the
above question.
"OCTOBER: This is one of the peculiarly dangerous
months to speculate in stocks. The other are July,
January, September, April, November, May, March, June,
December, August, and February."
I hope that the readers will get what I mean. There
isn't particularly a very good month to buy stocks,
although statistically proven that if you buy within the
October-April period, you are likely to get better returns
than the May-September period. If you looking to buy
stocks at the moment, it is either you got them with an
investment horizon of  6 months plus or I suggest you
to put the money into IPOs. I believe that the IPOs will
be one of the brightest spot for the time being with
good returns from the first few days of trading.

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 

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