Market View 24 June 2009

It was a pool of reds in the Hot stocks yesterday,
with Midas and NOL among the few to close green.
Frankly, I hope for such correction selldown,
and to me, it is not severe yet, as the supporting
hand is there when the stocks dropped to a low.
Take note that there are still many "stuckists" in
a couple of stocks, and should the market conditions
get worse, then maybe we will have an uglier scene.

If you ask me about the Hot stocks trading,
I will tell you that the correction selling is not over
yet, but you can stick to those stocks with stronger
momentum like Midas and NOL, with Midas the
stronger candidate, and NOL losing steam at
the closing bell yesterday.

We should have a mixed session today, and
more greens maybe seen, but it is certainly not
as rosy yet. Othe than the 2 stocks mentioned,
it will be "rewarding" to track the Ezra, Swiber, YZJ
today as well. We should have a good show coming
out......

Trade those still Hot (Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)
Hot stocks: Straits Asia, Midas, Olam, Ezra, Ezion,
KS Tech,Cosco,YZJ, Indo Agri, Noble, NOL, Genting,
Ascendas India Trust,Yanlord & Uniasia,
Raffles Edu,Swiber, Swissco.

Enter any position with a Trailing Stop,
and Please practice strict (Risk)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