Market View 26 February 2013

Ok, the Budget is out and it is a really generous 
one depending on which pay-scale you are at.
Some will argue that the government is actually
implementing wealth tax on the car and property
you have, but you can also say that it will spur 
the rich and wealthy into making more money.
Look on the bright side of life, we are far more
better than some region of the world. 

Stocks in US took a stumble like their counterpart
in this year's Oscar ceremony, with Dow down by 
216 points and S&P 500 and Nasdaq also suffering
losses in overnight trade. The "News" is that it is
due to the Italian election and the looming spending
cuts, but it is always a good time to take a break
and have a kit-kat.

Lastly, if you are finding places to park your money
rather than making miserable interest from the banks,
then there are 2 incoming IPOs that you may be
interested. Mapletree Great China Commercial Trust 
priced at 93cts will be out very soon and we also have
a dual listing of Tosei Corporation from Japan in 
the pipeline.

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