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.
Friday, February 18, 2011
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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