Market View 12 December 2012

I don't know whether you will be busy today, but
I will be. Today is an "auspicious" day to get married
with the date being 12-12-2012. I have a ROM lunch
and a wedding dinner tonight, exactly 2 red bombs in
a day. If you are in the same situation, Skype me to
chit chat about it.

Last week, I mentioned that I am looking at a few stocks
and that included Courts Asia, as I observed some
signs in its chart. It moved up slowly and suddenly
burst up yesterday. Yes, you can say that is because
UOB KH initial coverage with a 1.19 target price.
But if you look at the chart, the indication is already there.
It will likely meet the psychological resistance of 90cts
head-on, and it need to have strong supporting volume
to back it up for a charge over the mountain.

The other stocks that I stated are all doing pretty decent
and if you have a ready cut-loss level present, then you
will do fine to just see the stocks going higher.

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