Market View 16 November 2012

First and foremost, I received several emails and
Skype messages from readers that they have not
received any analyst reports emails for the last couple
of weeks. This is not true as I did indeed send out
2 emails over the last few weeks. I guess Yahoo is
having some issues lately again. Another reason is
that if your email with me belongs to the local subscriber
like Singnet and Pacnet, then you will have a issue
with my email as it will likely be over the size quota
set by the ISP. I will do a mail-out later today and if you
still did not receive it, skype me or email me.

Ok, next we come to the reality of the stock market right
now. In my own view, many stocks are indiscriminately
sold down at this time. Regardless of what financial result
you announced, you are going to be whacked, as there
are fearful and ignorant market seller currently doing all
the damages. You may ask, so with so much sellers, who
are the buyers who are picking up the tab. Well, there are
still buyers willing to take a calculated and farsighted view,
and are picking up bargains. It is like Christmas Sales
came early this year. I believe that 3 months from now,
many will look back at the current sales, and said the
same old regretful and plain sorry "I Should Have......"
I also feel sorry for them.....

A reader leave a comment yesterday and it reads,"
Anonymous said...
Sifu SL, many good counters are going south, besides Noble,
which are the few we can start buying. Many thanks again for
your daily update & recommendation.
Fruitful trading..... Jo"
I would have to say that other than Noble, the remaining stocks
in my watch list are also shouting "Buy me...Buy me!!" right now.
They include STX OSV, Biosensors, CMZ, Olam, Yanlord
and the 2 Es, Ezra and Ezion. There maybe other choices but
I will concentrated on a few than to put the money across more
baskets. 

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