Market View 16 August 2013

The 3 major US indexes fell sharply in overnight
traded due to disappointment corporate results
or is it really the case. To me, it is just an convenient
excuse for a profit-taking session. Well, the press
need a headline story and the market players will
simply provide one.

Looking at the pre-opening price of the stocks, most 
of them will open weaker but I expect a slow
recovery toward the end of the day. Yes, we need
to take a break somewhat, but a brief one will likely
be the case. I will continue to seek for the green
leaves among the red flowers.

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