Market View 3 January 2013

Congrats to the many readers who bought stocks
last year during the October-December period and
is sitting on a good profits or have already taken the
profits. Our market pre-surged yesterday in anticipation
of a good rally in the US which duly delivered. Stocks
are expected to open higher today but there are signs
yesterday that the play-up may be ending very soon.
I saw Ezion taking the lead to move backward at closing
and also a handful of stock closing way below the day-high.
If the stocks test the yesterday day-high again and 
reverse the direction, then please take some money off
the table immediately. Frankly, I have already to lock
in good profits and have advise some readers on Skype
to do the same too. For those who heed my recommendation
way back few months ago, you should be laughing, or at
least, smiling all the way to the bank already. Don't worry,
the current surge is very normal, it is what was termed as
Capricorn Effect and coupled with the Fiscal Cliff wayang 
show, the surge was quite impressive. When the craze is
rested for a short while, the play will be back again.
I will be pretty busy this couple of days both on and off
the market that I may not be present in Skype and will have
a delay in time in my email replies.   

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