Market View 15 November 2012

The main attraction of yesterday stock market action
must none other be Noble, which is at the top of the
Top Volume traded. The drop yesterday was due to
a director paring his stake in the company through
a placement. I must thank Mr Banga for allowing the
chance to once again park my money on Noble at such
an discounted price. He might as well sell his remaining
about 2% stake in Noble, so that other investors can get
it at maybe even better price. I am a believer of Noble's
mid-long term potential, and I will continue to have it in
my stock holdings.

By the way, I just share something that I "overheard"
yesterday. While having lunch at a fastfood restaurant after
settling some issues with a government board, there is
a financial planner from a Swiss agency trying to sell
investment policy to a customer. They were discussing so
loudly that I can't help it but I can heard all that they were
saying. The financial planner were saying that the stock
market is dead and the following few years will be even
worse and telling his client to put the money in a Bond fund
or policy. I was quite shocked to heard it. In my view, as long
as you are knowledgeable and knows the market well, you
can delivered far better returns from equities than bonds
at all time. The financial planner were saying that the "guaranteed"
return is around 3% which can barely cover the inflation rate.
One can get good returns from dividend yield from quality stock
for such return, and not to say that there may be even capital
appreciations. I believe that your financial planner will start to
ring you up in trying to tell you the benefits of putting your
money in Bond funds, please practice vigilance and caution
in making such decision.

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