Market View 6 July 2012

STI had been up for a consecutive 7 days
and many readers were asking why I never
sound the alert or caution this time. Actually,
I know the readers' concern but somehow this
time round, I have not sense that the tide is
turning but I did see those speculative micro-penny
popping up in the Top Volume already. This
is an ominous sign but the market may only
stay down for a short period and revive back
into action again. There are still lots of good
trading bargains and money-making opportunities
at the moment and one should enjoy and devour
it while the sun is still bright.

YZJ finally break through the 1.04 resistance with
strength and closed at a day-high of 1.07
It is looking good for further upside gains and the
next meaningful resistance will be at the 1.10 mark.
There is nothing much to say, but stay with the Greens.
I will do a write-up on the Neo Group IPO today so
that the readers can decide whether to subscribe for it.
Its application will close on Monday.

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