Market View 1 October 2012

A fresh month, A fresh me, but the same old market.
It is so good to be back with the blog readers and
of course to continue to spar with Mr Market again.
I took a relaxing break in the neighbouring countries
and just watch the time passed by while I enjoy a
good read or just simply doing nothing. I believe such
a rest is beneficial to anyone regardless that you are
a office worker, self-employed boss or just a stock
trader like me. Go on, plan for your holiday and enjoy
the breeze, the sun, the sea or just go for your crazy
shopping trip.

Ok, back to the market.
I went through the chart of most stocks in my watchlist
and I can see that there are little change to most if any.
The 2 Es, Ezion and Ezra did pretty well lately while the
rest remains about the same. I did mention that after the
QE3 was out, the market players will asked "What's Next?"
and that is exactly what we are having right now: a waiting
game. We are waiting for the next trading catalyst, maybe
coming out from the Euro zone, the States or from the
powerful China.

Some people may ask how will the October turn out to
be? Well, October is traditionally a bad months as there
were some bad history clouding the month. It will be a
pretty volatile and exciting month in my opinion. We are
so close to Obama winning again in the presidential election,
and we will have more clear-cut signal from the China's
18th National Congress as we are nearer to it.
This will be one-hell of a month...

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