Market View 2 May 2013

I nearly can't wake up on time this morning as
I thought today should be Sunday since it was
a non-trading day (Saturday) yesterday. No choice,
I still drag myself out of the warmth of my bed
to face the stone cold look on Mr Market's face.
My expectation for today's market action is quited
muted as I don't believe we will see massive action.
I am looking at selected stocks that was still green
when most stocks were down on Tuesday. I noticed
that Ramba, Vard and Yoma are the green leaves
among all the red flowers. 

Ramba had been making good money from a few
readers from the comment that I received recently.
"Hi Bro SL,
you mentioned previously that Ramba's chart was 
looking good and as long as it breaks above 485 with 
good volume it has good chance of hitting 515-52.
Indeed, today it went up to 515-52. I got in at 49 and 
sold all at 515. I must say that your reading of the charts
 is very accurate and I would like to thank you for the 
insight and assitance provided throughout. Thanks!  "
and also one comment from Joseph
"Hi SL,
(Quote)I noticed 2 stocks that is showing signs in the 
chart that they may have a good run soon. This is just
 my technical view. The stocks are Courts Asia and Ramba.
 Watch it. (Unquote)
Well, your above view in your blog of 25th April urged me
to purchase at price of 0.49 on the 26th April. Too good to be
true, I sold part on 29th and balance today, making me richer 
by 1026.00 Not bad, eh!
Terima Kasih."

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