Market View 4 April 2013

Ok, I am perfectly alright now, feeling much
much better than days ago, when the whole
world looks like spinning and there is a earthquake
happening. Well, I took my time to recover from
the silent sickness and although I did look
at the market these couple of days, I believe
I spend more time away from the market resting.

Back to the market...
I observed that there are clear pump-and-dump
operation in the market recently. A very clear sign
will be to push a stock past a technical-defined
region, like a resistance, trendline, even moving
averages on a significantly higher volume but
reversing the play in day(s), causing unawared
buyers to be stuck at the high buying price.
No, the stock may not get whack down after that,
as it may go into a consolidation stage with the
next follow-up action pending. Frankly, I like stocks
to have a sudden run-up in volume, but I am 
equally alert to sudden reversal also. Sadly to say,
STX OSV is a victim of such operation recently.
I believe there are buyers stuck in the sudden
run-up and can't get out on time when the play
is over.

Lastly, I will still compile those local brokerages'
stock call over the last few days in the other blog:
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