Market View 1st August 2012

Ok, I will go straight into what and how I
feel August and the next couple of months
and trading days will turn out to be. This is
just my personal analysis and I am not sticking
my neck and head out this time, as my wife
call me crazy for doing so in so many occasions.
She said that this isn't necessary to order to make
a point and my neck and head will be worthless.
Haha, she got a point so I am leaving my head
out this time.

Personally, I don't see a pretty August, in fact, I
see a rather stormy month ahead. I expect the market
to be volatile but it is going to drift lower this month.
This trend should drag till about mid-September and
then we will see a much brighter and clearer sky.
What I will do this month is to look for bargains in
any big drop and correction along the way.
Oh ya, by the way, please have a stock call Civmec
in your watchlist as this stock will be the beacon
to where the market is going. If you see a sell-down
in this stock then we can expect the same for the
others as well. I won't be surprise if I see a >10%
a day for this stock. Civmec is a recent IPO but it has
risen significantly and trading at a P/B of more than 10 times.
This is pure madness valuation in the stock and I
certainly expect it to fall back to a more realistic level.
If you have been in the market for some time, you will
know where all these exuberance will eventually leads to.

Do take note that I am not saying that all should just
hide inside the cocoon or shell and ignore what is
happening in the market. On the contrary, one should
watch vigilantly this months as I believe that we will
be able to pick up juicy discount bargains. 

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