Monday, June 8, 2009

Market View 8 June 2009

Ok, a fresh new trading week awaits us,
and look like a unpredictable one ahead.
Uncle Sam closed mixed last friday, so I don't
expect any drastic opening price, but as
the day (week) proceed, we will see the real
picture clearer.

We will still see profit-taking along the way,
it is much needed and required for fresh
liquidity waiting at the sideline to enter
the market. A decent selldown or correction
at this stage will see many players stuck at
the top, and this may increase the pace of the
selling. It is just a realistic possibility and scenario
that I am laying out. Be aware.

Don't worry, amid all the selling last friday, we
are still heading some good trades in Raffles, YZJ,
SembMarine, so as usual stick to the greens and
have a tight cut-loss and eventual trailing stops
available.

I welcome any sell-down, big or small, show me what
you got and get them all coming.
Trade those still Hot (Green) stocks but be cautious of
south wind.
Follow the Flow, but expect the Unexpected.
Concentrate on the GREEN (If Available, but prepared)
Hot stocks: Olam, Ezra, KS Tech, Cosco, YZJ, Straits Asia,
Indo Agri,Noble,NOL,SembMarine, Yanlord & Uniasia,
Raffles Edu, Midas, Swiber, Swissco.

As usual, enter a position will 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

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