Hey folk
Who are the market big boys?
Lets get the insider out, as in the company share buyback, the director or the CEO themselves.
The big boys are usually financial institutions. Which mean to say Banks, insurance company. Of course not forgetting some brokerage firm and prop trading firm. But the major ones are the Banks, insurance company.
Because of their size, they are like a big ship. Wherever they go, they leave a trace. It is hard for a big ship to make a turn which mean to say, when they start buying they cant do it at one go, when they sell they cant do it at one shot too. For small trader like us, we can maneuver, but we are at the mercy of these big players.
For futures trading, there is the commercial, people that use the good to make money. They are the biggest player in the market. And they usually know what is happening all the time.
Friday, June 10, 2011
UP
Hey folk
here you go...my calling for the up move is coming.is rather confirm in the US. Like i say before, no down where is the up. And if people are selling who are buying.
Also there are many things you can infer from the economic news.
From the posting http://amatuertrade.blogspot.com/2011/06/news.html
You see many fantastic things happening. Of course my trade is base on technical analysis. The news is just the sentimental. From that posting, you see the people in FED saying expect unexpected robust growth in 2nd half of the year. You see China slowing their money policy. You see QE2 is on schedule. Many many others things. If you look at Las vegas which is an indicator of US economy, it is crowded, fill with lots and lots of people. Not foreigner but local. These are tell sign that the economy is on track.
You cant expect a recovery to go straight up. There will always be slow down and then growth and then slow down and then growth again and again. The next thing I am looking for is the interest rate hike.That would be another major event.
That is also why the prediction i made for most market around the world is still the same. S&P500 to be about 1630s - 40s, STI to be about 3700s to even 3800s.People whom invested in Unit trust or some call mutual funds will ride the trend too.
here you go...my calling for the up move is coming.is rather confirm in the US. Like i say before, no down where is the up. And if people are selling who are buying.
Also there are many things you can infer from the economic news.
From the posting http://amatuertrade.blogspot.com/2011/06/news.html
You see many fantastic things happening. Of course my trade is base on technical analysis. The news is just the sentimental. From that posting, you see the people in FED saying expect unexpected robust growth in 2nd half of the year. You see China slowing their money policy. You see QE2 is on schedule. Many many others things. If you look at Las vegas which is an indicator of US economy, it is crowded, fill with lots and lots of people. Not foreigner but local. These are tell sign that the economy is on track.
You cant expect a recovery to go straight up. There will always be slow down and then growth and then slow down and then growth again and again. The next thing I am looking for is the interest rate hike.That would be another major event.
That is also why the prediction i made for most market around the world is still the same. S&P500 to be about 1630s - 40s, STI to be about 3700s to even 3800s.People whom invested in Unit trust or some call mutual funds will ride the trend too.
Wednesday, June 8, 2011
News
Hey folk
lets check out on some news
Here are some of the links that the FED said:
http://blogs.wsj.com/economics/2011/06/07/feds-fisher-qe2-bond-buying-ends-in-june-as-planned/ - End of QE2
http://news.yahoo.com/s/nm/20110607/bs_nm/us_usa_fed_fisher - expect unexpectedly robust growth in 2nd half of the yr.
http://www.marketwatch.com/story/us-stocks-rebound-as-mergers-sweeten-sentiment-2011-06-07 - U.S. stocks pushed off perch by Bernanke
http://www.marketwatch.com/story/china-stocks-set-to-rise-as-tightening-ends-hsbc-2011-06-07?link=MW_latest_news - China stocks set to rise as tightening ends: HSBC
You can see the economic recovery is never a straight line. You can see things are slowing down but expect better progress in H2. You can see China policy tightening ends, which would take a few months to take effect.
However the news can speak, from technical analysis i believe that we do not fall in love with the downside. Fundamental always appear on the chart first. The drop now may mean bad news, but it also mean good bargain.
lets check out on some news
Here are some of the links that the FED said:
http://blogs.wsj.com/economics/2011/06/07/feds-fisher-qe2-bond-buying-ends-in-june-as-planned/ - End of QE2
http://news.yahoo.com/s/nm/20110607/bs_nm/us_usa_fed_fisher - expect unexpectedly robust growth in 2nd half of the yr.
http://www.marketwatch.com/story/us-stocks-rebound-as-mergers-sweeten-sentiment-2011-06-07 - U.S. stocks pushed off perch by Bernanke
http://www.marketwatch.com/story/china-stocks-set-to-rise-as-tightening-ends-hsbc-2011-06-07?link=MW_latest_news - China stocks set to rise as tightening ends: HSBC
You can see the economic recovery is never a straight line. You can see things are slowing down but expect better progress in H2. You can see China policy tightening ends, which would take a few months to take effect.
However the news can speak, from technical analysis i believe that we do not fall in love with the downside. Fundamental always appear on the chart first. The drop now may mean bad news, but it also mean good bargain.
Tuesday, June 7, 2011
Economic recovery dont just go in a straight line up.
hi folk
Almost nothing in the world goes in a straight line. Economy recovery do not move in a straight line too. It is bound to be bumpy. That why you see the market behaving in this manner now.
My take is do not fall in love with the downside for now.
Almost nothing in the world goes in a straight line. Economy recovery do not move in a straight line too. It is bound to be bumpy. That why you see the market behaving in this manner now.
My take is do not fall in love with the downside for now.
Friday, June 3, 2011
Another down day for today
Hey folk
We will see another down day for today. To me that is opportunity.
Do not fall in love with the downside
We will see another down day for today. To me that is opportunity.
Do not fall in love with the downside
Stop out and mkt update
Hey folk
I am stop out for a few positions. Nevermind this is trading, and you have to play with the rule and never be emotion about it. You won't be 100% right all the time, always keep your lost small and let the winner run. That is when you can have big profit.
Overall, the uptrend is still intact.Look at the weekly and monthly chart and you will see that it is still a uptrend. The drop on Wednesday simple do not have any reasons for that. Remember one buy = one sell, so if there are so much selling who is buying?
For those who have trading platform that can assesses to insider trade, you will notice some very interesting fact, the insider always buy at times when the public do not buy and they sell when the public are buying. Having said that, those who do not know how to read this data please do not try to buy when nobody is buying because it may mean the drop is not the end. So make sure you understand them before applying them.
Like i say before, trading is more about you understanding the game than the money. If you focus too much on the money, then your money will be channel to people that know how to play the game. IF you dont like the game, then invest in other things, like endowment plan, unit trust etc.
Genting to me is still a promising stock. strong support at 1.98, next level at 1.92 then 1.88.
I am stop out for a few positions. Nevermind this is trading, and you have to play with the rule and never be emotion about it. You won't be 100% right all the time, always keep your lost small and let the winner run. That is when you can have big profit.
Overall, the uptrend is still intact.Look at the weekly and monthly chart and you will see that it is still a uptrend. The drop on Wednesday simple do not have any reasons for that. Remember one buy = one sell, so if there are so much selling who is buying?
For those who have trading platform that can assesses to insider trade, you will notice some very interesting fact, the insider always buy at times when the public do not buy and they sell when the public are buying. Having said that, those who do not know how to read this data please do not try to buy when nobody is buying because it may mean the drop is not the end. So make sure you understand them before applying them.
Like i say before, trading is more about you understanding the game than the money. If you focus too much on the money, then your money will be channel to people that know how to play the game. IF you dont like the game, then invest in other things, like endowment plan, unit trust etc.
Genting to me is still a promising stock. strong support at 1.98, next level at 1.92 then 1.88.
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