Market View 12 June 2013

This is so interesting.
Some readers now said that I have a pre-holiday
jinx as well. Hahaha Luckily the sell-off correction
happened one week before my holiday break, 
if not I will really be labelled as a jinx from now on.

Anyway, I received many same question from 
the readers asking whether they should buy right
now that the market GSS is on. Ok, I will just say
this once and only today. I believe that this is 
just a much-needed over-dued correction that is
waiting to happen. It is not a totally market collapse
or a crash. If you want to know whether I am 
taking this great chance to buy stocks, then my
answer is a confident "Yes". I am not showing-hand
and pumping all my money into the market right 
now. I am buying bit by bit on the stocks that I 
know well. Don't ask me what I am buying as my
stocks are always the same old few here and there.
Do take note that I am not buying on contra but I
am taking a mid-term view with my purchase. 
If the stocks continue to be battered, then I will 
continue to grab it along the way. If the rebound 
comes, then at least I am in with a good price already.
Sometimes, one have to take a calculated risk and
plunge into the unknown. 
I have this saying "Audentes Fortuna Juvat" in this blog
for a very long time. If by now, you still don't know what this
Latin phrase means, then you should really google it immediately.

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