Many stocks reversed from a day-high
yesterday to close near or at the day-low,
and that included stocks like STX OSV and
YZJ, etc. Technically, this is a bad sign and
we will have to see whether there is a
continuation of the selling or was it just a
one-day event. Personally, I believe that
the damage had been done and unless the
stocks can propel back to the recent high,
any gains will likely be capped.
有花堪折直须折， 莫待无花空折枝.
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
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