Market View 10 September 2012

I wasn't available yesterday to write the
Market View as I was out settling all the
issues in my next coming trip. I will be
taking a spiritual and emotional sabbatical
break from the 19th to 28th September and
the Market View will return on 1st October.
This is really going to be a very well-rewarded
break for my soul, body and my drained mind.

I don't know whether the readers noticed the
last-minute action by STS OSV yesterday afternoon.
At about 4.42pm, there were strong buying forces
that propel the stock from 1.635 to close at
1.66 within 15 minutes of push-up. I will be
focusing closely at the counter as I believe that
there are more action to come. The next meaningful
resistance will be at the 1.69-1.70 region.

If you are waiting for clear signal from the Fed
meeting and particularly the Fed Chief on Thursday
night, then you may continue to stay sideline.

By the way, I will be doing a research report mail-out
today with last week's reports.

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