Market View 16 May 2013

Some readers asked me over the last few
days whether now is a good(great) time to
start to pick up stock at a "discounted" price.
I believe that the yearly Great Singapore Sale,
GSS, is coming to town very soon, and maybe
Mr Market will join in the fun this year too.
We shall see whether we have a stock market
GSS this year or not.

 After I published Joseph's good record of making
5-digit in a couple of months this year, there are
increasing "enquiry" about how he made it.
Well, I can say that he did it with just a few stocks
only, and that really proved something that I have
been stating all these while. You really don't need
to track and see a big pool of stocks. You should 
focus on a small handful of stocks, and keep a 
very watchful eye on them. Know entirely their 
good and bad pattern and what is really going on
in the company financial and of course, its chart.

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