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AWAKENING OF BEAR

to those holding on to long position.. when mkt falls, activate the bear repellent.. see if it helps?

 

 

hi guys.. do u need this?? ------>

 

I think focus on what you buy and know what you are buying:)

 

Thanks again iPunter....

Now let's look at Dow...with the economic factors coming out reflecting unfavourable figures ie.Home Sales, Consumer Confidence and oil price hitting above 100 and yet the market goes higher only reflect US investors affirmation that the Fed with cut interest rate further....

Lesser of two evils....I think...inflation vs recession or a new term know as stagflation.

Bear will raid when time is right as figures reflect worsening of econmic situations and if US focus on preventing of recession now by cutting interst rate, if not handle properly, will create the biggest bear trap ever.....really a tough act to balance........

Like people aways said.....CHEONG at your own risks...ha..ha..very Singlish...

 

The only way is to judge the probability of the next move...

And only a probability, not a certainty... (maybe settle for a 50/50 probabilty, and dump if proved wrong)


If one has gutsy flair for chart pattern interpretation, one can rely on that for improved
judgement of the clues, thus significantly improving the odds...

 

Good advice iPunter, nice to see you back in action....

the issue is when / where /what /how do one know if one's bet is wrong...by the price???

Thanks to advice...

 

Whether it is a bear market or bull market at any given moment, no one really knows.

One can know only after the event, when one looks at the charts as events unfold.

Thus, whether one bets on bullishness or bearishness is not of such importance as getting out early when one's bet is wrong.

Such action will prevent heavy losses from occurring if one is indeed wrong...

 

really hope for a direction...no matter bull nor bear...still can make money by going long or short positions...

but now....clueless still.....come on man....give it a good cheong or jialat jialat downwards plunge 

 

Such pessimism is felt across the board, that is why today STI stage a rebound but not an agressive rise....

 

With more financial data coming out this wk over at US, i predict the result would do good for the market..

Time to go down again.. standby ammo

 

BEAR pay a visit to China, wiping out 4% to made it in the red......

 

Hang Seng also turned negative.....sigh...

 

China is going against the trend, seems like the bear visit its market due to inflation worry....down by 2.83% now....

 

Any recommendation? Will take a look but not going in yet...

 

Sometimes, in the darkest hours of the market, there are some gems which simply defy market sentiment and choose to move higher.

Take a look at the counters which actually closed higher significantly on relatively higher volume during the market plunge.

A cheap stock isn't real cheap if it fails to get expensive; conversely expensive stocks which have been expensive for a while may have good reasons to be expensive, and may become even more expensive in the long run despite the occasional market panic which distorts its true stock value.

Case in point - compare the typical movements of penny stocks less than 10c and blue chips - which stocks move more in booms and plunges? 

 

Hi Winsontkl,

Surely it cannot be that hard to see stocks with attractive valuation. The market crashed for a month. If no stock is cheap now then it simply means most of the companies did not do well last year, which is impossible.

My style is averaging up. So it means I usually buy at a higher price. Every stock has a "different personality" so you cannot keep averaging up. I make my last buy and leverage up on the stock's first breakout.

My style seems strange. Sometimes I prefer to buy at a higher price and not at a lower price. One of the reason is it is important to cover my positions i.e all my previous buys of the stock must be in paper profit before I make my last buy.   

 

Hi Livermore,

Do see value creeping in over the past two months, however, though there is value to be found, the valuation on most counters is still far too high for my comfort....

Moreover, with most investors / speculators being cautious, it only increase the volatility of the market. When bullish, all jump into the band wagon in order not to miss out on the run and when bearish, all look for EXIT. Hence, still looking at some counters in my watchlist, no hurry, just grap when good bargain comes and not chase after them.

Good luck and happy hunting.

 

Hi Winsontkl,

Well hope you can see some of the value stocks out there. They have already broken out of consolidation phase. The way is up.

I do respect market sentiment but I am more concerned how the company which I am vested in the stock is doing.

Unless we have a major crash like 100 points, most stocks are not going to be red.  

I am fairly confident that those stocks that can deliver good results will see thier stock price go up this year.

All the best!

 

wa lauz...look at the DOW major reversal on Friday...good for those who bought in during the major selldown on Thursday...big gains coming

 

Livermore, like your optimism ..... but this thread is meant as a reminder for all - we are not out of the wood yet and to trade cautiously....

Doesn't mean my view, be it bearish or bullish, will sway how the market will move.....only W.B. can do that...

Shorting the market....ha...ha...that's for the pro......

Basically, keeping a record to remind how the market perform and monitoring when to enter...

All the best....

PS: Seems like the BEAR is in Europe and US now.... Cheers.