Market View 11 March 2013

Last Friday, I went to a wedding dinner of a 
not-so-close friend and of course my wife
and I was "put" in a table of "strangers".
After a casual introduction, a couple ask me
what did I do for a living? I told them I am a
mind-reader. You know what, I can virtually
see a question mark appearing in their eye
instantly. I explained that I read Mr Market's
mind, sentiment, temper and behaviours and
seek to profit and benefit from it. Suddenly,
I can see the question mark sign turned into
money sign faster-than-instantly. After chatting
a while longer, I realised that they are gamblers
and punters, together with the rest of the guest
who joined in the conservation. This is what 
some of them said, "I bought what my friend
bought", "My broker called me and said that
this and that stock is good and will chiong, so
I just buy", "The stock market is just like the
大小 table in the casino. Very easy to play lah,
only 大 and 小, win or lose only!" I have to to say
that my face become more and more uneasy as
the  conservation gets further, and luckily I was
saved by the wedding couple's grand entry at
over 9 plus. Oh ya, just a side note: the wedding
invitation card already stated that the dinner
will start at 7.30pm, so be considerate and don't
act like a big shot and come like 9pm and expect all
to wait for you. I can still recalled last time I insisted
on starting the dinner on time at 7.30pm but I was
no match from the bad and somewhat incorrigible 
habit of some Singaporean. If I am not wrong, I can
only march into the dinner with my wife at around
8.45pm. I guess I am fortunate in a way. 

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