Market View 8 June 2010

Another day of red in Wall Street as "Stocks fell
on Monday, taking the S&P 500 to its lowest
close in seven months, as industrials and technology
shares fell and investors stayed on their heels after
last week's payrolls figure discouraged buyers."
Dow lost 115 points, S&P 500 fell 14 points,
and Nasdaq tumbled 45 points.

I wondered how many readers bought the stocks that
I mentioned in yesterday, because if you did,
you are sitting on small profits on a couple
of stocks. In fact, all of the stocks that I mentioned
close above the opening price. I was hoping for a worse
opening, but it was not to be, so it is still Ok to me.

Stocks will open weaker today, but as expected,
there will be once again supporting hands coming
out to grab the stocks. For those who are still holding
the stocks, just have a ready stop and sit tight.

I received quite a handful of emails from the readers
both concerning the mailing list and their trading/investing
questions. Just keep them coming in...

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