Market View 16 July 2013

Ok, a few things to say today.
Firstly, if you have read what I wrote yesterday,
then Yes, I am calling for an interim bottom on
Vard. I believe that the downside is really capped
and if you are an investor, this is a decently good
time to grab a bargain. If you are a trader, then time
your entry with a tight cut-loss level. I may be wrong
but I am still sticking out my neck this time.

Next, there will be 2 IPO application closing in the
following 2 days. We have Kris Energy closing 
tomorrow noon and Singapore Kitchen Equipment
Limited on Thursday noon. I will do a brief write-up
on the 2 IPO in my other IPO blog. If you are interested,
then keep a look-out for it.

Lastly, I believe that the readers should noticed that 
Peter Lim's stock, UPP, ran up yesterday and some
readers managed to grab it at a good price. I did not
see any weakness in the stock yet and I believe it
should still be good for the next 1 day or 2. The other
stock, Rowsley, may be ripe for another run-up too.


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