Market View 7 March 2013

As expected, it was a clear pump-and-dump 
trading session yesterday. Many stocks started
off the day with a bang but faltered toward the
mid-day and closed far from the day-high and 
some even ended up in the negative region. 
I can see that quite many are stuck in the high
if they rush in and buy on opening bell, and we
shall see whether they will have the chance to
redeem themselves. My personal view is that
they might not get it this time and may triggered
off further selling in the coming days. It is when
the market sentiment and behaviour is in a 
euphoria stage that we should be prudent in our
decisions.

Ok, next, we will see the debut of Mapletree 
Greater China Commercial Trust today but do
take note that it will be 2pm today afternoon.
I don't know whether it will open with a bang
but with such strong demand and responses
to its offering, it should still be a decent debut.

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