Market View 7 October 2013

There was a huge fire at the LAB (Liongold, Asiasons
& Blumont) and it affected many other micro penny
stocks as a whole. We can see that Innopac -53%,
Ipco - 13%, Albedo -19%, Metech -19%, just to name
a couple of the causalities. It is like Halloween come
early this month and you know what, I enjoy watching
such a horror movie on show. This is precisely why
I am not that interested in trading the micro penny
stock in the first place. If you are not careful enough,
just one wrong trade can wipe out the accumulated
profits that you have from previous trades. What is
the use of winning 9 trades only to be completed 
returned to Mr Market in just one trade. Some of 
the readers I know like to trade all these Top Volume
micro penny stocks. I just hope that they are fast
enough to avoid such a massive killing last Friday.

Can we expect a part 2 of the horror movie today?
Yes, I believe that the selling is not done with the
micro pennies and they will be in the limelight again
for the wrong reason. With the LAB open again today,
I will just watch the show from the sideline.
Don't worry, you will have plenty of battered bodies
to pick on when the selling is on-going.

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