Market View 14 December 2012

The weather today is so cooling and soothing
that I nearly can't lift myself out the bed. I guess
that is the benefit of not working for someone but
only to answer to yourself. Nevertheless, I have some
open positions in the market so I have to have the
self-discipline to be up and monitor over them.

Some of you may have notice the banner of Value
Investing Summit 2013 on top and at side of the
blog. It is an event on "What to Invest in 2013" with
various local and foreign speakers from different
companies and background. I am glad that a "Fool"
will be speaking at the event, that is Mr David Kuo
from The Motley Fool. If you don't know about The
Motley Fool, then you better google them.

The Summit will be held on January 26th and 27th
at Kallang Theatre Auditorium. There is an Early
Bird Discount price of $149 right now till 31st December.
That is like $74.50 per day. If you get a 2nd ticket,
it will cost you $79, meaning for 2 tickets, the total
price is $149 + $79 = $228. That means $114 per person,
and $57 per day per person, is this a steal of what?
Some buffet out there cost more $57 already.
Actually, it is not all about the cost, but I believe that
we will benefit from the insight and views of the
speakers. I am a firm believer of life-time learning,
so my wife and I will be going for the event too. 

As per what I said in yesterday blog, be prepared for
any profit-taking very soon. When I saw the headline
in ST Business section that the index is trading at a
16-month high, I just (dis)like such news as the
imminent will happen.

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