Thursday, October 21, 2010

Apology

Hey folk
I got to apologise on the forecast that the market is going to drop in Oct.
Nothing is ever 100% in investing and trading.We are approaching to the end of Oct and not a week drop.There seems to be a broadbase buying everytime the market drop.
The 5 weeks advance this time round fail me as well as the 4 year cycle.
Further study is made and technical analysis shows both buy and short signal. There are signs that show the market is going to drop and signs show that the market is going up higher.

Let us see a few more days on the market development.If the market dont drop, then we shall follow the market and be a buyer. If the market eventually turn south then we shall be a seller. Let not fight against the market with our opinion or feeling that Ohhh the market is up so much, it time to drop.If a drop wont come it wont come. As it was like in 2006 thru 2007.

I would also email my beloved clients one stock for medium term investment. Probably 200% to 400% profit can be made. Medium term is about 3 to 5 years.

Nothing is ever 100%, so put your stops in.Dont get emotion into trading or investing as this will cause you to be very irrational and believe in your own way. I do not have any method that is 100% at all cause if i do then that will be the last trade of my life.