Hey folk
I think we are going to be flat to downside from now. My indicators are mix in equity indices.
No sign to long or short yet. But most probably a short signal is coming soon.
Cheers
Monday, January 9, 2012
Thursday, January 5, 2012
Bias in the market.
Hey folk
Do you know that there are certain bias on days of the week, months and also first day of every month in the S&P500??
If you tabulate the data, to buy on the close of the last day of the month and sell on the close of the first day of the month, there are almost 60% you made money. Probably the 401K or pension funds entering the market at that point of time.
The prefer buy day at the open and hold to the close for the week are Monday, tuesday.
The rest sort it out yourself.
Do you know that there are certain bias on days of the week, months and also first day of every month in the S&P500??
If you tabulate the data, to buy on the close of the last day of the month and sell on the close of the first day of the month, there are almost 60% you made money. Probably the 401K or pension funds entering the market at that point of time.
The prefer buy day at the open and hold to the close for the week are Monday, tuesday.
The rest sort it out yourself.
Monday, January 2, 2012
Performance of Some Indices
Show the performance of some of the indices performance from 2010 to 2011
Dow Jones Ind up 5.5%
NASDAQ Down 1.8%
S&P500 Flat
STI Down 17.5%
HSI Down 20%
Dow Jones Ind up 5.5%
NASDAQ Down 1.8%
S&P500 Flat
STI Down 17.5%
HSI Down 20%
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