Market View 5 August 2013

A few readers asked me last Friday whether
this week will be boring and lifeless since
there are only 3 trading days. Actually, the
normal expectation is that most traders will
be cautious and won't want to bring their
open position over the long-weekend this week.
Therefore I believe that there will still be 
actions for today and Tuesday, but it will only
be on selected stocks. Some readers are simply
looking at the wrong stocks at this moment.
Some stocks are resting or recuperating right now
and they won't have any drastic action too.
Among the stock charts that I like are Halcyon,
Interra Resources and Genting HK. Trade with
caution and a ready cut-loss too. If you are not
prepared to take risk this week, then take a early
break for the super-long weekend ahead.

If you are interested in our local brokerage's stock
call, then go to:
Singapore Stock Reports For You  

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