Market View 13 May 2013

Some readers asked me last week whether
I am still in the market after I said that I am
cautious and keeping alert on the market 
condition now. Yes, I am still and will be in 
the market. One has to be in the game to 
really know what is going on. Frankly, I have
sold some positions and also at the same 
time, pick up some counters for contra and 
even intra-day trades. Do take note that even
if I am increasingly short-term bearish about the
market, there are still some stocks having a good
formation on the chart and/or in the news, so those
are my trading choices for the time being. I don't
believe that one need to be completely out of
the market just because of the impending storm.
Just have a watchful eye and enjoy the calm.

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