Market View 22 August 2013

I don't know whether the readers remembered 
my "Library Book" theory? It is a theory that
I sort-of derived myself and it main theory is 
that there will be lesser finance, investing,
trading books in the library when the market 
is hot, and vice versa when the market is not as
hot. Guess what, I purposely visited several libraries
over the last few days and what did I see?
Ton and ton of finance books still available on the
shelf and there are even some very high quality
ones that I have recommended to the reader.
My personal conclusion is that the current weakness
in the market is just a passing rain and the sun
will be out very soon. Next, the one million dollars
question: Should I buy now? My personal answer is
a resounding YES. For the record, start picking up stocks
that had been battered hard. Not for contra but for
mid-long term holding. A few readers asked me about
Reits. I believe that Reits still have some ground to fall
and you should be able to get them at a further discount.

Lastly, I am having some issues with my email and the Stock Report blog, but it has since been resolved. I will start posting the Monday research highlight in the blog soon.
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