Others   

AWAKENING OF BEAR

The bears missed that SPC broke the upper bollinger band yesterday. Look at how SPC surged today. Some shares have broken out of consolidation phase and unlikely to go back to the price during consolidation phase. 

 

So are you shorting the market since you are bearish? 

 

Bear is at Dow backyard...today back to Asia???

 

Bear is back .....more to come, don't write off the bear too soon.

Need only one day to wipe out days of gains....

 

So I don't follow everything the TA school taught me. I adapt to find the best strategy:)

 

As I have mentioned a few times, I am not a "die die" must hold value investor:). There are good reasons for it. One of the reason is I want to increase my stake in the stock I hold for long term. For instance if I sold 50 lots of a share during a correction, the next time when I buy back, it could be 80 lots. As I continue to do this, my lots in my stock keeps increasing:). When you have margin, I call it my "roll over"effect:) .

 

Yesterday I mentioned that I make my last buy and leverage up on the stock first break out. Today really explains why. With due respect to the TA people here, but when I read your comments like "accumulation increasing and strong uptrend seen", actually I don't join in and I don't buy any more. When I join in and buy seeing his strong uptrend, I can get caught in a market correction like today. So when I make my last buy on first breakout, I already have a "cushion" despite today's market correction 

 

 

it affects psychologically in the mind of many triggering the thoughts of the downturn in Jan when we experienced our first brush with Oil barrel hitting $100...so with this thought, there's a fear in history repeating...causing the panic sell..not wanting to be involve in the second month of meltdown

well..tt's just a personal analysis of what the masses are thinking...the market is made up of human minds 

 

When bear comes some of the value investors already sold at profit 

 

Bear don't whack individual stock, when it does come, you will see red across the board with the exception of buy over story counter or those that are suspended...don't write off the bear too soon.....it will come when you least expect....unlike the bull....

 

 

The bears again failed to notice how some of the China stocks have surged up tremendously today

 

The bears have failed to notice that Delong has moved from $2 to $3 in just a few days. NOL has surged before and after results

 

Bear seems to be taking a nap....hee...hee...

 

In CNA "US sub-prime crisis costs global loss of US$7.7 trillion" ..................seems the massacre is yet to be over.....

 

In today's Straits Times, the growth forecast is revised downwards...

providing some bear sauce...

 

It's time again for the BEAR in action, Mr B spoke and the DOW follow the tune....falling 175 points wiping out previous day gains.........as mentioned BEAR's trap??? Well, seems like the hard fact is going to hit speculators hard esp those that went in yesterday on optimism that the bull is back.....

What's more today being the last day of trading for the week....investors will be more cautious...

Look out for DBS's result and Budget Day announcement, both will provide direction for todays and near term trading.....

Be careful.....might lead to COMBO slamp, already 1 down and 2 to go....  

 

Bear laying its bear trap...hee...hee...takes time for a big whack.....or it might never come...

 

Hi Livermore,

Which share u eyeing? Share lehzz

 

Hi Winsontkl,

I am looking at a stock which I am fairly confident will do well this year. Its good results might be over powered by the "bear". Let's see.