Look at the nice up move of asia except STI today. Pretty neat.
STI only went up by 7 points from the opening today
Monday, February 28, 2011
Keep your stop in place
Hey folk,
I think the market haven really stable itself yet. There are much worry in the libyan incident. Well Keep Your stop in place.
I think the market haven really stable itself yet. There are much worry in the libyan incident. Well Keep Your stop in place.
Saturday, February 26, 2011
How I predict the drop?? with mkt update and analysis
How I spot the correction??
Hey folk
I will share how i spot the correction before it come. Here is the post that i made before Asia market start to fall.
9 Jan 2011 : http://amatuertrade.blogspot.com/2011/01/mkt-update.html
16 Jan 2011 : http://amatuertrade.blogspot.com/2011/01/mkt-update_16.html
There are a few more in betweens those dates and before 9 Jan.
Asia Market
Hang Seng Index
Strait time Index
US market
Dow Jones Transport, the King of all the indices. When oil rise it will affect so much for transports, that is why the drop is so hugh for Dow jones transport.
Nasdaq another leader.
Dow Jones Industries
S&P500
S&P500 close up. The 2 days drop and rebound.
I still see the Dow Jones Industries moving up to about 13000s level in the next few months.
USdollar
I have this one wrong on my forecast. A bear flag have formed for USD and it is heading lower. Inversely, a bull flag have formed for Euro.
Bear flag have formed for T bonds.
Gold
Gold have a topping pattern. But until it really drop, i cant confirm that.
Study them carefully. Have a nice weekend
Hey folk
I will share how i spot the correction before it come. Here is the post that i made before Asia market start to fall.
9 Jan 2011 : http://amatuertrade.blogspot.com/2011/01/mkt-update.html
16 Jan 2011 : http://amatuertrade.blogspot.com/2011/01/mkt-update_16.html
There are a few more in betweens those dates and before 9 Jan.
Asia Market
Hang Seng Index
Strait time Index
US market
Dow Jones Transport, the King of all the indices. When oil rise it will affect so much for transports, that is why the drop is so hugh for Dow jones transport.
Nasdaq another leader.
Dow Jones Industries
S&P500
S&P500 close up. The 2 days drop and rebound.
I still see the Dow Jones Industries moving up to about 13000s level in the next few months.
USdollar
I have this one wrong on my forecast. A bear flag have formed for USD and it is heading lower. Inversely, a bull flag have formed for Euro.
Bear flag have formed for T bonds.
Gold
Gold have a topping pattern. But until it really drop, i cant confirm that.
Study them carefully. Have a nice weekend
Friday, February 25, 2011
Genting
In the morning, i have also sms to my clients and friends that Genting, if it cant move above 1.99 it would fall. Indeed it went down to 1.92.
So congrate to those who dint buy it at whatever price today.
Hang on, good stuff would come later.
I forecast that Dow jones may move up to about 13000 by mid year. That is 10% growth.
Having said that, it dooes not mean that buying tmr is the best options. Nth is guranteed. Trade at your own risk!!
So congrate to those who dint buy it at whatever price today.
Hang on, good stuff would come later.
I forecast that Dow jones may move up to about 13000 by mid year. That is 10% growth.
Having said that, it dooes not mean that buying tmr is the best options. Nth is guranteed. Trade at your own risk!!
Objective of investing in stocks
Hey Folk
For many people the objective in investing or trading stocks are very clear.
IT IS TO MAKE MONEY AND HAVE LIQUID TO YOUR CASH FLOW!!!
SO REMB THIS AND FOCUS ON THESE OBJECTIVES, unless yours is not. Then buy other financial instrument.
What alot of people focus so much is that they want a profit. They bought a stock and hoping to sell in a short term, but then the stock do not perform so they hold and hold and hold. From months to years, do you think you have liquid to your cash flow. NOOO!!! Buying other financial products in this sense is more safe and profitable eg, mutual funds, land banking, Fix D, Endowment, regular investment product etc.
Always remember your objectives, do not deviate from it.
For many people the objective in investing or trading stocks are very clear.
IT IS TO MAKE MONEY AND HAVE LIQUID TO YOUR CASH FLOW!!!
SO REMB THIS AND FOCUS ON THESE OBJECTIVES, unless yours is not. Then buy other financial instrument.
What alot of people focus so much is that they want a profit. They bought a stock and hoping to sell in a short term, but then the stock do not perform so they hold and hold and hold. From months to years, do you think you have liquid to your cash flow. NOOO!!! Buying other financial products in this sense is more safe and profitable eg, mutual funds, land banking, Fix D, Endowment, regular investment product etc.
Always remember your objectives, do not deviate from it.
Folk be patient
Hi Folk
I have send out sms or email to my client that the market is still not a good time to buy.
But please monitor closely some of the stocks that you would like to buy when the market recover. Keep an eye on them, but do not be emotional to buy them yet, untill further confirmation that the market has stop dropping.
Well alot of people are asking me when will the mkt finish dropping? The answer is i am not exactly sure. They have break some support and it may head down to the nxt support level. Until then pls do not buy!!!
I will update when is a good time to buy again. I will reveal the secret on how i spot this correction in the beginning of The year.
Nth is 100%
I have send out sms or email to my client that the market is still not a good time to buy.
But please monitor closely some of the stocks that you would like to buy when the market recover. Keep an eye on them, but do not be emotional to buy them yet, untill further confirmation that the market has stop dropping.
Well alot of people are asking me when will the mkt finish dropping? The answer is i am not exactly sure. They have break some support and it may head down to the nxt support level. Until then pls do not buy!!!
I will update when is a good time to buy again. I will reveal the secret on how i spot this correction in the beginning of The year.
Nth is 100%
Wednesday, February 23, 2011
Monday, February 21, 2011
Mkt Update
Hey folk
I think asia may continue have weakness today. As of the US side, there are sign of a drop coming in but the chance for that are not obvious.
So hang on.
I think asia may continue have weakness today. As of the US side, there are sign of a drop coming in but the chance for that are not obvious.
So hang on.
Friday, February 18, 2011
Mkt update
Hey folk
Asia market continue have weakness, STI will have a further downward move till 3040s lvl.
For the US, it dont seems it have much problem going up.It have went up for every pull back. Though the up move is not alot, but every day a few points up, a month down the road and you see the index going much higher. I think US would not have a major correct as of now, but please be cautious.
Right now, we still see a diverse in performance between the US and Asia. However, in US there are various indication that shows that the economy are picking up and there are chances that the pace may be that of 2003. As for in Asia, economy are doing good. Asia still enjoy growth but with higher inflation. Goods price will rise significantly.
Asia market continue have weakness, STI will have a further downward move till 3040s lvl.
For the US, it dont seems it have much problem going up.It have went up for every pull back. Though the up move is not alot, but every day a few points up, a month down the road and you see the index going much higher. I think US would not have a major correct as of now, but please be cautious.
Right now, we still see a diverse in performance between the US and Asia. However, in US there are various indication that shows that the economy are picking up and there are chances that the pace may be that of 2003. As for in Asia, economy are doing good. Asia still enjoy growth but with higher inflation. Goods price will rise significantly.
Monday, February 14, 2011
MKT update
In my view for the US market:
Dow Jones Transport being the leader of the US indices have a good up move on thur and fri. However, there is a few resistance to obey. Currently the 5235s lvl, and the 5280 - 5290 lvl. If Dow Transport blast through it, then US mkt most likley will follow.
Dow Jones Industries have also 12280 to 12290 as a resistance. So lets see the market tonight.
Asia
HSI and STI hav rebounded today.If US market continue not to correct, probably asia are moving higher.
Dow Jones Transport being the leader of the US indices have a good up move on thur and fri. However, there is a few resistance to obey. Currently the 5235s lvl, and the 5280 - 5290 lvl. If Dow Transport blast through it, then US mkt most likley will follow.
Dow Jones Industries have also 12280 to 12290 as a resistance. So lets see the market tonight.
Asia
HSI and STI hav rebounded today.If US market continue not to correct, probably asia are moving higher.
US mkt
The US indices have just refuse to go lower.
Whenever there is a drop, there will be a meaningful pull back or reverse.
I will say maybe lets be a buyer on Dip. Maybe the correction in the US wont be coming in.
Nothing is 100%
Whenever there is a drop, there will be a meaningful pull back or reverse.
I will say maybe lets be a buyer on Dip. Maybe the correction in the US wont be coming in.
Nothing is 100%
Sunday, February 13, 2011
Something special
Hey folk
Let have a break from the market. I have a website that have some interesting stuff for ladiesss. www.heurekalondon.com
This is my girlfriends fashion label.
Very nice stuff.
Let have a break from the market. I have a website that have some interesting stuff for ladiesss. www.heurekalondon.com
This is my girlfriends fashion label.
Very nice stuff.
Mkt update
Hey Folk
Here is the update for the week.
The market in Asia is expected to fall more. but the drop will smoothen. so Expect STI to hit abt 2980s.
Genting, indoagri, YJZ, cosco, CSE global will be a nice watch for bargain hunting
Here is the update for the week.
The market in Asia is expected to fall more. but the drop will smoothen. so Expect STI to hit abt 2980s.
Genting, indoagri, YJZ, cosco, CSE global will be a nice watch for bargain hunting
Wednesday, February 9, 2011
Patience pls and things one should not do
Alright, sometime making money from the market need to be patience.
Just patience and things will go well.
There are somethings that I do not do in trading:
For stock trading of investing, i am not a person that like to average down. Which mean if i long the market and the stock price go against me there is no point for me to buy at a lower price again. Bcos my prediction is wrong, why do i add on to my mistake again.It make totally no sense.
However, if i am long, and the market price move up. It make sense to buy more at a higher price but at a smaller portion than the initial invested amount, preferably half the amount of the initial investment.This way, you are exploiting success.
Next, I do not use up all my capital onto a single trade. Portion them. If you were to lose it, you wont lose it all. Never use money that you need to pay bills and whatever. These money for trading or investment are cash that you can afford to lose or call risk capital.
I do not follow news or hear say.I am a technical trader and only alittle or even none fundamental would back me up. Bcos to me chart is the illustration of human behaviour in the market place.So the chart tell it all. I do not reason out why the market is like this and that. I reason out with chart but not news or any things else. In history, those people that are so good in reasoning are never a good investor or trader.Cos most of the time they are thinking too much on the reasons rather than am I wrong in this trade.
So happy investing
Just patience and things will go well.
There are somethings that I do not do in trading:
For stock trading of investing, i am not a person that like to average down. Which mean if i long the market and the stock price go against me there is no point for me to buy at a lower price again. Bcos my prediction is wrong, why do i add on to my mistake again.It make totally no sense.
However, if i am long, and the market price move up. It make sense to buy more at a higher price but at a smaller portion than the initial invested amount, preferably half the amount of the initial investment.This way, you are exploiting success.
Next, I do not use up all my capital onto a single trade. Portion them. If you were to lose it, you wont lose it all. Never use money that you need to pay bills and whatever. These money for trading or investment are cash that you can afford to lose or call risk capital.
I do not follow news or hear say.I am a technical trader and only alittle or even none fundamental would back me up. Bcos to me chart is the illustration of human behaviour in the market place.So the chart tell it all. I do not reason out why the market is like this and that. I reason out with chart but not news or any things else. In history, those people that are so good in reasoning are never a good investor or trader.Cos most of the time they are thinking too much on the reasons rather than am I wrong in this trade.
So happy investing
What is happening
You see the diverse in performance in market between the east and the west.
As previously posted on my blog saying that there is a correction coming in and the correction is not over yet.
On CNY, i have emailed to my client on the charts that tell sign that the market is still in correction.
Right now you see the US market is so overbuy. So when the US market start to correct, then Asia market will follow too. When it would be?? i thought that it will come soon, but it did not. So have to be patience and wait for it to explode. However for sure the market is going to move up, a real bull run will come after this correction.
I have send email to my client regarding Dow Jones, S&P500 and STI prediction by end of the year.
So i suggest that people do not buy any stock. If you have shorted for asia market, congrate to you.
As previously posted on my blog saying that there is a correction coming in and the correction is not over yet.
On CNY, i have emailed to my client on the charts that tell sign that the market is still in correction.
Right now you see the US market is so overbuy. So when the US market start to correct, then Asia market will follow too. When it would be?? i thought that it will come soon, but it did not. So have to be patience and wait for it to explode. However for sure the market is going to move up, a real bull run will come after this correction.
I have send email to my client regarding Dow Jones, S&P500 and STI prediction by end of the year.
So i suggest that people do not buy any stock. If you have shorted for asia market, congrate to you.
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