Wednesday, March 27, 2013

Market View 27 March 2013

Wall Street rose on overnight trade once again
and it seems like the steam is not running out
any sooner or is this the case? I shared with a
handful of readers at Skype that even a person
is on steroid, the effect can only last that long 
and it will wear off eventually. I am turning pretty
cautious right now and I expect the index and 
market to take a break real soon. If you read the
blog regularly, you should be aware that I am
decently positive on the market for the first-half
of the year, but I am having a feeling that I may
need to do evaluation at this moment. The market
is far too strong and had stretched itself too wide.
Relentless speculations on the micro penny stocks
is something that I don't like to see but it is a 
rampant happening right now. If you are stuck in
one of these rotational micro penny stocks play,
then you are likely to become an unwilling shareholder.

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 

2 comments:

  1. Hi SL, once again, thanks a lot for another relief you have accorded to me. Remember on the 21-3-13 I Skype you for advice and opinion on SinoGrandnes which was bought at 0.960/0.965, a rather high price, but after having your views that it can be above $1, I held the stock till yesterday and sold the 40K at 1.010
    For sure those who follow your view with patience can surely make from your opinion if anyone care to Skype you!!!!! You give me a lot of confidence by your views, no doubt.

    ReplyDelete
  2. Any good stocks to recommend with gd fundamentals to recommend?

    ReplyDelete