Market View 16 February 2012

Wow..wow...what a day we had yesterday!
STX OSV and China Minzhing really blown
my mind and nearly my head away with a
sparkling performance, and I believe many
readers have also benefited greatly from the
stocks I recommended in the beginning of the
year. Even STI also surged pass the elusive
mark of 3000 to close at 3012.
Is this the time to pop the champagne?

On the contrary, although I have enjoyed
succulent returns from the recently frenzy, I
am doing so with really tight trailing stops
and I will take the money when it is triggered.
Expect profit-taking to surface and I don't
think it will be a mild one. Will all the stocks
all succumb to profit-taking? I believe there will
be some resilient stocks making gains and
these are the one to continue to ride on.

By the way, the nearest support for STX OSV
will be at around the 1.69-1.70 mark and I
don't think it will have significant downside
supported by the impressive result, dividend
and the general offer price from the stake sale
by its parent company. 

If you are interested to have a Dragon Baby then
you need to plan for it. Come to Having A Dragon Baby

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