Market View 10 October 2013

Ok, I received several worried and concerned
emails and Skype message from the readers
after I posted about the Three Peaks and a  Domed House and compared itrto the Dow Jones' chart.
It is not a 100% definite thing that it will happened as
I expected, but I am sounding the alert and caution to the
readers so that you are prepared and know exactly what
and how to react if it really materialised. Do take note that
it is still my own personal view against the other's.
It may or may not happen. Period. 
I believe I am the first or among the first to caution the readers
of such possible occurrence and of course, the readers also
need to act if they believe my view. Correct me if i am wrong. 

Next, I wish to highlight the recent selling of the micro 
penny stocks is already an eminent sign that the market
is going to take a breather and may even rest for quite some
time. As you see, on a normal circumstances and market
behaviour, the penny stocks will be the last to move, after the
players have push up the blue chip and the mid-cap. They 
will then "divert" their attention and financial power to the 
low-price penny stocks and push them to a new height.
That is exactly what we have witnessed for the last couple
of months of trading. It is that obvious that you just need to
see the Top Volume, and you can see "stranger" penny stocks
popping up and being played day-in-day-out. That is until the
bubble got burst. Take note that, the pennies will the LAST 
to get play up, but (un)fortunately, the FIRST to get sell down.
We are looking at the exact "history" scenario repeating
itself again. I am looking very closely at the mid-cap and
the blues at this moment for any cracks and weakness to
surface. It is looking like the perfect storm is coming with
the US market leading the pack, but we can't predict and 
forecast Mother Nature's action, so we can only monitor the
situation now. For the penny stocks, many are merely doing
a rebound at this moment. Just look at their recent low, as
once the stock breech it, all hell will break lose again.

Oh ya, if you wish to open a or another brokerage account 
  with Phillip Securities, then you can email or skype me with
 your detail, and I will  link you up.
  Brokerage Account Opening
 
  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