Monday, October 29, 2012

Market View 29 October 2012

I don't know whether the readers observed or noticed
that some stocks had extraordinary low trading volume
last Thursday. It may be due to the public holiday or
the unwillingness to take up new position to the various
data coming out very soon. Frankly, I like such an
occurrence as it usually precedes something big is
coming very soon and imminently. We will have the
all-important Job data this Friday but I certainly is not
expecting a quiet and lifeless trading week. On the
contrary, I am looking forward to trading volume picking
up and more volatility through the week.

I went through the charts over the weekend and I am
particularly interested in the following stocks this week:
1. CMZ
2. Noble
3. Olam
4. Yanlord
5. NOL
6. Yoma
I normally don't look at stocks like Yoma but its chart
certainly caught my eye, and after observing the stocks
for a while, I am adding it to my radar for the time being.

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 

人笑我太疯颠,我笑别人看不穿    

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