Friday, March 15, 2013

Market View 15 Match 2013

Many members asked me why is it that the
US market keep on surging on record high
for many day, but our market remains weak
and the stocks are even retracing. Well...
I can only say that it is always good to take
a break after a great move over the last
couple of month. There are lots of somewhat
better-than-expected and buoyant data and
result coming from Uncle Sam, and it look like
that they will remain in the limelight for the time
being. But do take note, all market will eventually
need to take a rest and subjected to profit-taking
and price consolidation, regardless of how strong
it is doing right now. 

I have been through many stock charts recently,
and I will use the example, that I believe that 
many stocks are in a squatting position. It is to
say that they are getting ready to jump up yet
again. This is my personal view and it may not
materialised or to the exact scale as expected.

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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