Market View 1 February 2013

It is the first trading day of a new month,
February, and we are only 9 days away
from CNY. The energetic Snake will take 
over the year duty from the worn-out Dragon.
It is looking like the market will be going
into a profit-taking stage and another consolidation
is on the way. It is just a perfectly normal 
cycle and I believe that the bullish market will
be back after the commercial break.

Oh ya, 3 days ago, I mentioned in the blog that
the readers should store some "financial reserves"
for a coming IPO. Guess what, Oversea Education
Limited IPO is out and the application will close on
5 February, that is next Tuesday. Trading of the 
share will start on 7 February, Thursday. This is really
a no-brainer IPO that all the readers should try to
apply. A very simple business model and it can only
grow bigger and stronger each year with our Foreign
Talent scheme. I will do a write-up of the IPO and 
it will be published next Monday.

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