Market View 9 July 2012

First thing first, I have published my view on
the Neo Group IPO at Singapore IPO Lobang
and if you are interested to apply for it, do take
note that the application will be closed at 12pm today.
I will try to publish my view on the next IPO,
IHH Healthcare tonight or the latest by tomorrow
afternoon so that the readers can apply for it
if they are interested to grab a piece of the big pie.
I will also do a research reports mail-out this morning.

Ok, come back to our local market now.
Looking at the pre-opening figures, we are going
to have a weak opening after the "heavy losses"
in US last Friday. It aren't going to be pretty initially
but I expect a much better closing and to be frank
I won't be surprise if we pop-up with another green
closing today. STI is up for an consecutive 8 days now,
and although it is always healthy to take a break,
you can't really determine what the BBs are thinking.
I highlighted that there are more "strangers" in the
Top Volume currently and most of them are those
micro-pennies which is just changing hands between
the players. If you are into such micros, better know
when and how to protect yourself for holding the baby
when the music stops, and it will.

I believe that the readers will know what I am going
to say next, but for the benefits of any new-comers
and those who are forgetful: Look up for the greens
among the bloody red. They are the strong stocks
and they will have excellent backing and support
behind their movements.

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