Market View 7 August 2013

Today is the last trading day of the week
before we start our celebration of the 2 
public holidays on Thursday and Friday.
I wish all the muslim and Malay readers
"Selamat Hari Raya" and also "Happy 
Birthday, Singapore" on our nation's 48th
birthday. 

Ok, if you did look at the market yesterday,
then you will know the main star was the 
T-Rex in a fast and furious surge. I did mention
that this T-Rex is to be put into the watchlist
as it can go wild and crazy like what happened
yesterday. If you want to ask whether it will
continue its move today, then my answer will be
"Don't chase it right now." There will be a next
run, and you just need to be ready by then.
In fact, I am giving a name of the 3Rs to Rex,
Ramba and Rowsley right now. Remember to have
this 3Rs in your watchlist and also don't forget
the stock SK3 also. Don't ask me what stock is 
SK3, you should already have it in your watchlist. 

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