Market View 4 July 2013

It is Independence Day today in the US and
it looks like our stocks are still very dependent
on Uncle Sam after all. We witnessed a great
massacre and blood-letting selling yesterday,
with many stocks ended in the red and the 
major index got battered hard. This is the first
selling since I am back from holiday.

From the pre-opening quote this morning, our
stocks should open firmer. As what I can see
from the charts, many stocks are range-bound
now, and the recent-high will be a good resistance
for many of them.

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