I took a break yesterday so I never wrote the
Market View in the morning as I was out very early.
Anyway, there isn't much market action last
couple of days and I am still having a "hangover"
from the festive season.
ST reported today that Jim Rogers is taking up
his Olam share's right offer which is quite "small"
to him. I wonder how "small" is his stake in Olam.
But too bad, yesterday was the last day that the
investor can buy and pay-up to be able to entitled
with the rights to subscribe to the bonds and warrants.
If you buy today, you won't get the rights although
the share price should technically be lower.
I have not really close my book yet but I guess I will
be more of a spectator in this last 1.5 trading days
of the year unless I see some value plays in the market.
Most likely, I will still be present for the Market View
next Monday, 31 December 2012.
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
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