Market View 22 February 2013

Look like the "Ghost" is back!
Once in a while, we will see the "Ghost" from 
the past financial worries and woes to come 
back to spook the stock market. This is exactly
what is happening right now with the worries
of US and Europe economies in the limelight
as reported in the papers. To me, the "Ghost"
is just an excuse or "political-correct" reason 
to take profits off the table. We have a excellent
run-up in the stock market recently and unless
you wasn't involve in any stock transactions, 
chances are that you should have made some
money over the last 2 months. If you still did 
not make any lately, don't worry, there are still
plenty of chances this year as the motion and 
movement will be fast and furious. Ever watch
on Discovery Channel or Animal Planet how fast
a snake can strike at its prey or when it is on
a self-protection mood.

Very interestingly, I receive several emails asking
whether I did not touch the penny stock at all.
Ok, for the record, I have not touch the micro
pennies, that is those below even the 10cts mark,
for a very very long time. I am not prepared to 
break my trading preference yet. They are at 
such a low price for various reasons and I am 
not prepared to risk my money on them. I do
trade on penny stocks but most of them they are
above 30cts and the range can be quite wide.
If you have been chatting with me on Skype, then
you will likely to know that some pennies that is 
on my radar are like Dukang, Sinograndness, 
United Envirotech, Ausgroup, CMZ, Courts, Triyards,
Yoma.... Some have rallied pretty well and some
readers I know have also benefited hugely as well.

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  

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