Market View 3 October 2013

In yesterday's post, I wrote " I saw that the 
most stocks rebounded from low to close reasonably
higher or is it really the case? My personal view is that it is a temporary dead-cat rebound and most stock should still be heading down very soon. This is not a crash but just a normal market reaction. If you are still in the market then please practice strict cut-loss discipline."
Indeed that was exactly what happened to most
stocks in yesterday trading. I am busy with some
family issues at this moment but although I am not 
really looking into the market right now, the vibes
and action of the market still can't escape my sensitive
eyes and ears. 

Now come to the most important question that many
will be asking: Is is the time to buy NOW?
This is really a million-dollar question that I am also
looking for answer. Like what I said yesterday, it is 
not a crash that we are witnessing now. It is simply
just a normal market reaction to taking a break.
What will usually happen after the break?
The market will regain its vigour and zeal and the 
run-up will continue. For the time being, look at stocks
that did not really suffer much during this testing
period, and also those that suffered the most at this time.
They will be the one to lead the next move-up.
That is all I can see from my "borrowed" crystal ball now.

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