Wednesday, January 5, 2011

Hey Folk I am back

Hey folk

I am back. It been a month since i posted anything. I went to China with my family for holiday. It was fantastic. Learning more about history and visiting of palace and also seeing cities. Beijing is a very nice city, full of culture, there are many things overthere that have long story behind them. The city itself have grew in a tremendous pace. I think soon Beijing will be a cosmopolitan city where culture, arts and future combine as one.

One of the very interesting things i learn from there is feng shui. I am a none believer of all this things, until i am really expose to it. In ancient China, palace, house and whatever are revolving around with feng shui. If you notice the city planning of Beijing from ancient time till now, you realise that all the important buildings like Tiananmen, the olympic stadium are all build in one straight line which is on the Long Mai. This will ensure them prosperity and health to the people.

Another interesting thing i found out from a feng shui master overthere is that in Singapore, our country is build on that too. Due to continue development of our island country, we need to dig tunnel for MRT and tunnel. We accidentally cut through a Long Mai and a few days later a hotel collapse. This happen way before my time, i think i was just 1 year old. Then in order to restore it, the govt made all of us carry ba gua. How they did that??Put the ba gua on our $1 dollar coin. Next on our 2,10,50 dollar note you notice that on the 2, 10 , 50 number on the note, there are some picture on the figure.Actually they mean fu lu shou.Observe carefully and you will know the chinese name of it and relate to fu lu shou.

This made me realise there are many hidden meaning in the common things we have, see and do. For the market, we also face the same problem day in day out. There are so many hidden secret which made known will be so obvious. As you see the building of a nation take so many years to get the feng shui correct. In trading please do not attempt to want to make money in the quickest way possible.(My own experience tell me that this will kill) Be patient, trading is not for everyone but investing is.Even a veteran and world reown trader whom turn 10k to 1Mil in a year many times have say that one have to master long term investment first before going into short term trading. If you can make 5 to 9 % per year in investing then you can consider going into shorter term trading.
So dont rush. For my all of you folk, i am going to share with you a strategy call dollar cost averaging and the probably you will made money using this method in the next post.

Mkt update
I back to work. So I am going to give you folk some update of the mkt.
There are profit taking activity today and i suspect that this will continue.

Us dollar will strengthen
Bonds price will go down abit more and move up.
Which mean stock will go down.
Crude oil have move up a fair bit as of last week and you witness it heading south

HSI: from indicator, HSI may come down
STI: I close above 3249 slightly, so it is rather safe. However still have to see how Dow is doing tonight
Dow: Yesterday the market dint perform very well, it had a inside bar. Though is still a uptrend but there are sign of profit taking
Gold:Gold drop sooo much yesterday.It not a good sign.Just show that profit taking in all place is happening.

Where the Money goes....to the Dollar

THis is jus my opinion. Nothing is 100%