Market View 17 July 2013

Firstly, I have done a write-up on the IPO,
KrisEnergy Ltd in my IPO blog, so if you are
interested, head to down and apply for the share
before noon today. Actually, I recommended a 
show-hand and apply for the shares so I really
wonder whether I should do a write-up on the 
Singapore Kitchen Equipment Limited? Anyway,
I will still do a brief write-up.

Next, a few readers bought UPP and asked me
how high or how far the stock will go up to.
This is virtually telling me where is the target
price? Most of the time, I don't really has a 
target price and I will just let the price run-up
with a trailing stop and take profits along the 
way. I always tell the readers the same thing and
I give the example that as long as you can eat
the majority of a fish body, you can just ignore the
head and the tail. Some readers want to eat the
entire fish but you need to have right skill to do so.
Ok, back to UPP, I believe it will have another 
upside day but look out for any sign of reversal
and protect the well-earned profits.


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