Market View 12 April 2013

A few readers asked me over the last few
days when will the current market rally ends
as they simply cannot press the buy button
to go into any stock right now. I don't have a
crystal ball with me, but I do know that there
are just too much easy liquidity around and 
there are also too many bullish news and 
statement all around. Frankly, I am feeling 
quite uneasy about the market right now.
It is like looking at a musical chair game being
played right now and the chairs are being pull-up
piece by piece, but this time the last one sitting
on the chair is the big loser and never the winner.
I am trimming and taking profits on quite a handful
of positions except for those that I know can 
withstand any harsh treatment and can ride though
any wave. I am seeing fewer and fewer stocks 
meeting my entry requirement and one fine day
when I really can't see any stock entry, then it maybe
time to call for a market top, and sit and watch
the natural destruction force of the waterfall.

Oh ya, before I forgot, there is a IPO out yesterday
and the public application will closed on the 17th.
It is really like playing Toto this time as there are
only 1 millions allocated for the public applications.
I will read the prospectus and do a write-up next week.

If you are interested in our local brokerage's stock
call, then go to:
Singapore Stock Reports For You 

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