Market View 22 April 2009

I am late in posting today because my computer
staged a "revolution" just now, and was unable
to boot-up properly, but it is now "suppress" down.
:-)

OK, so Uncle Sam finally suffered a triple digit
losses in the 200s and very near to the losses
target discussed with one of my readers in
Skype. We got to work on it to achieve "that"
target. I am prepared for any onslaught as what
I mentioned yesterday, and this may actually
materialised.

Very obviously, stocks will open weak, but I just
got that tingling sound in my heart that some
stocks can still be green after the initial plunge.
But I will follow my head rather than my heart,
and will only step into the market when there
are really some greens popping up.
We are in the market to Win, and if the chances
are against us, we can choose to avoid it by not
going into the treacherous water.

For today, I am on the sideline watching the horror movie
and will go in when the sentiment is better on intra.
I will be concentrating on a couple of Hot stocks, but only
when they reverse: Ezra, Cosco, StraitsAsia, Noble, NOL,
Olam, SembMarine, Yanlord & Raffles Edu, Midas, Swiber.
I still welcome any powerful forced-selling and/or profit-taking
"exercises"being carried-up by the Houses, as the filtration
of weak holders need to be carried out.

As usual, enter a position will a Trailing Stop,
and Please practice strict money-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.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

P.S.: I have updated the near-$1 stocks in my anotherblog at http://stockreportsforyou.blogspot.com
Head over there to see the potential stocks headingtoward $1.