Market View 20 July 2012

STI once again closed green yesterday while
the mid-caps and pennies are having a lackluster
session. I believe that this divergence will end
somehow, but in which direction? Seriously, I am
hoping for STI to take a break after entering the
3000 level so that it can move higher for the rest
of the year.

Genting hit another 52-week low yesterday before
closing for the day at 1.31 I have given my view on
the stock last few days and I believe it will have a good
support around the 1.29 level. Any breech of the
level will be chaotic.

A reader asked whether I will do a write-up on the
Ascendas Hospitality Trust and I am also thinking the
same question. It is a stapled securities with a unit in
a business trust and a unit in a REITs. I am not that
familiar with this, but I will do my best to provide my
personal view on this IPO.

Next, we have a reader who just wrote this comment
this morning, "Good Fri morning to SL, Mr SL, my fixed
d due soon, could you advice me which 3 counters worth
to invest with decent dividends.Thanks in advance.
Dio"
Thank you for your trust in me to give you my personal
view and analyst on where to put your precious money at.
But can you either email me or Skype me as I have some
more questions to clarify before I can provide an accurate
assessment.


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