Market View 29 August 2013

A few readers asked me what exactly do I
mean when I stated that I am very close to 
calling a bottom. I will just be frank. I believe 
that the STI will hit an interim bottom around
the 2980 and rebound. This is just my own
opinion and view on the market right now,
and I maintain to be corrected.

Many stocks closed well in late trading yesterday
and although some were just plain technical
rebound, I believe that a portion of them may 
have already found the bottom. I am closely
monitoring  and watching for reversal and 
of course, good trading opportunities.
Olam will be announcing result after market
hour today so take note if and when you are 
trading this stock.

Some readers jokingly told me that they actually
hope that the current fall will be more serious, 
because they had missed previous boats.
Tell you what, the next time I go holiday, you 
may see my jinx work again and you may get the
fall that you want.

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 connect to me at my
email address: stocklobang@yahoo.com   You can also join my Group Chat too.
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