After all the party celebration and turkey and logcake
feasting, we are back to stock trading again. On Christmas
day, China gave us a "GREAT" present as it hiked its
lending rate by 0.25% to 5.81%, the second rise in just
over two months. Will this move impact any potential
year-end dressing rally if it happens?
Market is likely to be quiet this final week of 2010, but
we should still be able to see a decent dress-up.
Nevertheless, we should always expect the unexpected
and be prepared for anything.
Those winner stocks that I mentioned are still hovering
around the support and resistance level that I repeated
stated in my postings. Genting in a 2.04-2.11-2.18 trading
range and Golden Agri is always aiming to break above
77cts again. First Resources has its nearest bid of 1.51
as the next resistance which I believe can be easily
broken when the form comes.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
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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