Market View 23 July 2012

Ok, this is to inform the readers that won't be doing
a IPO write-up for the Ascendas Hospitality Trust
as I believe that I am not up to the "level" yet to do so.
I am very comfortable with stocks but I feel awkward 
giving my personal view with Reits, and in this case
a stapled securities. I will do my read-up and I will
provide a write-up with the next non-straightforward
stock IPO.

STI finally took a break last Friday after a good recent
surge, closing down 13 points although still above the
elusive 3000 level. Like what I said before, this is the
week to look up for all the way to the last trading day
of the month. I believe it will be very volatile and drastic
this couple of trading days and the price action will
mark the potential movement and trend for the rest
of the year. In my heart, I hope for more sustainable
surges both in the mid-caps and the blues. While in
my brain, I know that it maybe a very good chance to
grab hold of bargains during the August-September
should a correction pull-back happens.

A few readers emailed me and ask whether I can be
available in Skype on the weekend to have a chat.
Actually, I am normally "unplugged" during the weekend
as in I try to take a good rest and be withdrawn from the
financial world. I will spend quality time with my family and
do some read-up or just simply laze around doing nothing
whiling away time. I will try to squeeze some time out in
the weekend evening from now on to be available at
Skype for a few hours, I hope. 

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