Market View 4 October 2012

 Many stocks were down or closed near to their
day-low in yesterday session. I have to say that
the signs were there already but you need to be
able to spot it. Some readers said that I am trying
to talk down the market. I am amazed with such
an proposition which is really beyond me to perform
this huge act. The tides and our life have its ups and
downs, the market is exactly the same.

I would say that the stocks now is not looking cheap
at this time after the surge recently. Some stocks are
even showing the state of decline on the charts while
some are having a hard time trying to gather enough
strength and momentum to break its recent high.
This is not a time to be gung-ho but a time to practice
ones vigilance in looking at the market condition.
Stock picking is a skill, but the entry timing is an even
more difficult one to master. You need to combine this
two acts or skills to really survive in the stock jungle
and hopefully can hunt down some preys to bring back.   


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