Market View 12 November 2012

Yawn.....Yawn....
I was reluctant to wake up this morning as I thought
it was a public holiday until I realised that it was tomorrow.
Never mind, it is only one trading day and then it
is "The Sun, The Sand and the Beach" break again.

Seriously, I received many many enquiries on Noble
last week after it announced its financial result. The
market is expecting more and the heavy selling is
really unwarranted. I continue to like the stock and
believe that it is a god-send great opportunity to pick
up the stock at such a discounted price. Do take note
that I am not talking about contra trading opportunity
right now, although the chances of a profit within the
period is also possible. If one is taking a mid-term
view on the stock, then you will realise that now is a
wonderful time to seriously look at the stock and evaluate
its profit opportunity. Just my personal 2 cents view.

Some readers also asked about the very hot topic of
"Fiscal Cliff" that the US will face. Well, this had happened
before and it is not a new occurence. If history is used as
a guide, then I believe that All's well that ends well, we
will just look back at what is happening and what had
happened with a meaningless dig at this deja vu.

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