Market View 11 January 2012

Once again, it was mentioned in ST that the
STI is at a 2-year high from the recent strong
surge. Also, in the previous page, DBS Private
Bank CEO, Mr Lim Say Boon, stated that "Stocks
will be year's top performers", which I agreed and
also highlighted it in the blog days ago. He also said
that "A correction is probably due now, as we've
seen quite a run-up. But I think prices will grind 
higher in the course of the year." I sounded the
caution days ago and although can still be in the
market right now, be vigilant and prepared for any
reversal in the pipeline.

I have been rather busy with personal matters
and issues, so seriously, I have not been making 
as much contra and intra trades as I wanted.
Fortunately, I called for a strong Buy during last
October to December period, therefore I have also
accumulated a decent amount of stock holdings.
I even stated that the readers will regret not taking
an action during last October and I have readers telling
me "I Should Have" again. I can only say.....
The Rest is History.
Give me some time to settle my matters and I will
be back with a vengeance. For the Mentor Group
members, as per what General Douglas MacAuthur 
once said,  "I shall return..." 

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