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Wednesday, September 12, 2012

Market View 12 September 2012

Yesterday a reader wrote a comment on the
blog and it goes, "SL, tks for the STX OSV tip,
make a quick punt and profits." Yes, I suggested
that STX OSV will likely surged in yesterday blog,
but it was never meant to be a tip. It is what I observed
from the chart and the late market action on Monday.
Anyway, OSV hit a high of 1.695 exactly as what I
mentioned on the resistance level of 1.69-1.70 and
reversed to close at 1.66 At the moment, it is stuck
between range and I can only said that I am still
bullish bias that it will test the resistance level again
rather than moving toward the 1.62-1.63 support.

Ok, I received some feedback by email or Skype that
they never received my report mail-out yesterday.
Somehow, I observed that it had landed in the spam
folder for some readers so please check whether it
is inside there this time. 

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 

人笑我太疯颠,我笑别人看不穿   

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