Market View 13 January 2012

There are 2 things that I suddenly noticed
this morning. Firstly, yesterday blog posting
was incredible my 700th, and what a long way
the blog had been through. Hope that I can
continue to blog what and how I feel about
the market and looking forward to the 1000th
posting, which is like one year more.

Next, I noticed that today is Friday the 13th.
Any significance to the market today?
To me, it is just another date but only that
I realised it this morning when writing the blog.

Stocks did pull back yesterday taking a much
needed break, but I believe that they will still
be back for another run-up. Some stocks in focus
are Ezra, after it announced its result yesterday.
STX OSV fell to within a bid of the strong support
1.27 and it is currently walking on a very tight
rope. A clean breech of the 1.27 level with volume
will be disastrous for the stock with 1.20 next
in line. In my personal view, it will once again
consolidate within the region, and a break at
1.31 will signify its return to the bull side.
Watch out for Noble, China Minzhong, Indo Agri too.

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      .