Market View 26 July 2012

Ok, I did not send out the research report yesterday
but I will definitely do so today. Recently, I have been
tied up with so many impending issues that my mind
can be in a whirlpool and I just forget to do things.

In my view, IHH had a good debut yesterday closing
at 1.225 about 10% above the listed price. I mentioned
that it should have a 10-15% type of returns and I was
right on the dot. I believe it will be volatile and have
wild swing in the first few days of trading and it may be
even heading toward the 15% mark.
Another recent IPO, JB Foods finally woke up during
the last hours of trading yesterday with strong buy-up
and managed to close at 36.5cts I told many Skype
readers that it will face resistance around the 37-37.5cts
region and that was exactly what happened yesterday.
Once it can stay comfortably above the 37cts level,
I don't see why it won't attract further attention toward the
recent high of 43cts. But don't think too far first, just stay
above the 37cts level for now.

From the pre-opening figures, I am seeing good opening
in Biosensors. Is the IHH Healthcare effect coming?
We shall see how it perform today.

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