Market View 1 December 2009

Wall Street is back on the green path...
On the last trading of November, Dow ended the month
up 35 points to close at 10345 points. Nasdaq and
S&P 500 each added 6 and 4 points respectively.
The US market believe that "Dubai World’s decision to
suspend debt repayment would not have major financial
consequences for markets", and that lifted the market higher.
I believe that this "bad" news had already been digested
by the market (maybe not all), and the green light should
continue to shine for the month of December.

It was a pool of reds in our stock market yesterday, but among
the reds, we can see a some greens, and many stocks did
close the day far from the day-low. I adopted a bargain-hunter,
gara-guni style of trading yesterday, and was still rewarded
despite the bloody scene. If you have bought the stocks in my
recommendation, like YZJ, Ezion, Swiber, you are still in the green
yesterday. I will continue to focus on just a handful of winner stocks, and
ride them higher. A simple strategy, but it is working well.

Focus on Yingli, Ausgroup, YZJ, Sinotel, Sinomem, Swiber, Ezion,
Falcon & Mermaid.
Take a look: F1, First Res, Raffles Education, United Enviro,
Uniasia.
Looking closely at Rotary, Tat Hong, Tiong Woon, Ramba,Seroja,
C2O,AFP, China Enviroment, Asia Enviroment, CH Offshore.

Enter any position with a Cut-loss level & 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