Market View 17 August 2012

Ok, I have really nothing much to add to
recent views but to sound the alert again
to warn the readers of irrational trading
activities happening in the market right now.
There are pure speculative forces pushing
up stocks regardless of whether the company
had delivered a good or bad result recently.
You see, a stock's fundamental don't go up
5% in a day or maybe 15% in a week. It is
the buying forces behind the stock that propel
such a surge. I have made money from the recent
madness but I am seeing straight-line surge
in some stocks, and that can only mean that
the correction will be very fast and severe.
Don't ask me when will it happen, just watch
for sudden sell-down with huge volume.

Oh ya, if you have been emailing me last few
days but receive no reply, that is because I am
pretty busy this few days with multiple trades.
It will be better to ask me with Skype message.

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