Tuesday, May 31, 2011

Market View 31 May 2011

In a flash, we are down to last trading day of a
quiet month. According to Straits Times, yesterday
session's trading volume was the quietest of the year
and even the Chinese New Year eve's trading volume
is even more. I certainly don't believe such a situation
will continue for a long time. One skype reader told me
that it is either the calm before the storm or the surge,
I prefer the latter view in my opinion.

Just to keep it short today, if you don't like what you
seeing in the market, stay out of it. If not, then keep
a lookup for the greens among the reds and pick up
some bargains.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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 

别人笑我太疯颠,我笑别人看不穿

1 comment:

  1. can recommend what the 'greens' to look out for?

    ReplyDelete