Others   

Stocks Correction Mid September to Early October

Hold your buy call... please 

 

please wait for one more day.

tonight is October Monday for US.

Hulumas      ( Date: 05-Oct-2009 13:25) Posted: I keep buying from today onward. risktaker      ( Date: 05-Oct-2009 11:18) Posted: Not a good time to pick up stocks atm

 

I keep buying from today onward.

risktaker      ( Date: 05-Oct-2009 11:18) Posted: Not a good time to pick up stocks atm

 

mi too, profile cut into half.

juz came back fro a Bangkok holi, never thout it will turn out like tis... ~ haiz....

guess got to sux thumb n c how this blood shed can last...hope not too long ha ~

 

When all the sifu's were talking about the impending stock market correction i didn't realize until half of my profits were wiped off. luckily last week I pulled out all my holdings, except a tiny stock which is meant for long term. Today i am watching the correction with out any emotion like a machine.

I learnt lot of lessons from this correction. 

 

noticing panic selling just now.. anyone knows what exactly happen to SG market today?

SG investors like specially scare today, especially the 2nd part of the morning even HSI drop slightly only.

good time to pick up some stocks?

 

dow jones futures is green now

 

BB already dumped out at high price. They will not support the market at the moment. Please throw away your FA/TA. Good luck guys.

 

DO NOT BE BLIND by Coy's TA/FA. Please trade with cautious

 

Not a good time to pick up stocks atm 

 

Risktaker,

pls dont be bother with others comments about ur postings.  Just speak what is in your mind n let others decide for themselves.  those that nag nag are those wanting straight forward "jun jun" prediction so they will do little to profit...haha.  I do my own TA/FA n come to forum to see prediction and views to decide my daily tradings activities so far i am in good situation.  pls dont give up ur passion ok?

risktaker      ( Date: 04-Oct-2009 11:18) Posted: Trade with Cautious - Do not simply jump in and buy when you yourself think the price is good. Please throw away TA/Fundamentals for now. Monitor your Stocks, Sometime you have to cut lost if you think thats gonna fall lower. It will be worst (Just not a correction) if market sentiments didnt change this coming week. A correction might turn Bear. Things to watch out. 1) Consumer Spending. Pre-Data shows that christmas spending has been hit this year yet again while consumer tighten their pockets. When spendings are low the impact will be spread across all sectors. 2) High Unemployment Rate - Estimated to be 10.2 -10.6% (March 2010) before it head south with the current economy situation. Will be 10.7> if things doesnt turn around as predicted. 3) Manufacturing activities - If it head south again. Prepare for a Bear market. 4) Pre-GDP to be release soon. Estimated to be a growth of 0.5 to 1.2%. Good luck. Currently we are in a Super Strong V-shape recovery, if all the above sectors came through with negative results. We "might" are going for a W recovery.

 

Trade with Cautious - Do not simply jump in and buy when you yourself think the price is good. Please throw away TA/Fundamentals for now. Monitor your Stocks, Sometime you have to cut lost if you think thats gonna fall lower. It will be worst (Just not a correction) if market sentiments didnt change this coming week. A correction might turn Bear.

Things to watch out.

1) Consumer Spending. Pre-Data shows that christmas spending has been hit this year yet again while consumer tighten their pockets. When spendings are low the impact will be spread across all sectors.

2) High Unemployment Rate - Estimated to be 10.2 -10.6% (March 2010) before it head south with the current economy situation. Will be 10.7> if things doesnt turn around as predicted.

3) Manufacturing activities - If it head south again. Prepare for a Bear market.

4) Pre-GDP to be release soon. Estimated to be a growth of 0.5 to 1.2%.

Good luck. Currently we are in a Super Strong V-shape recovery, if all the above sectors came through with negative results. We "might" are going for a W recovery.

 

Next Week - from what I see Maximum 2 positive day. Good luck 

 

Will Earning Results save the Market from the Bear ? 

 

Haha Risktaker guess what? I also notice, almost every time when my post sounds bullish, I get a good rating.

Almost every instance where I caution the mkt/indicate potential lack of upside, somehow detractors tend to give negative gradings.

Guess this says a lot about how many retail players are vested on long side... Frankly, the ticks/crosses mean nothing to me. As long as my own trades perform to my expectations, I'm fine.

Ignore the market signals at own peril, I'll say.

risktaker      ( Date: 02-Oct-2009 11:02) Posted: Look thru my post i never say DJ or STI will down :) When I say it will go down ... I really mean it :) I also dont bother to give good post or bad post as if i care :) lol I only share my info to those who think it worth the time going thru my post and really understand my meaning behind it :) If your an average person you will never able to understand me. Anyway DownTrend is intact :) HUAT AH kellychang      ( Date: 02-Oct-2009 10:56) Posted: u dun always say STI down ohh..... also dun always say short ohh.... u see ur thread..so many people rate you bad post... hahahaha...

 

agreed, 2200 next wave down.

 

Don't dive into apparently cheap stocks yet. I think STI 2400 might just be tested, perhaps a little faster than expected. But doubt it will be a straight line down. 

Keep nimble, do not be fixated with 'correction only la', 'just scare retailer la', or 'die die must buy/sell' etc.

Flexibility i.e willingness to cut loss (or better, take profit), is key to surviving in the mkt of sharks.





 

 

waiting for dows to breach below the 9400pts today.. ~ my ah gong tell me one.. ah gong said if below 9400pts, then is bear market liao.. hope tonight can go down hor.. ah gong quite zun one.. ah gong wont bla-uff one.. :p ah gong also said hor.. anyone can say anything.. but what differentiate constructive comments from rubbish is making a comment that has a dateline to it.. only then we can justify whether at the time, the forecast zun or not.. ah gong told me STI will shoot up to 5000pts in times to come, not just edge past 3000 nia.. he also said dows will hit 20000pts, SSE will hit 5000pts soon also.. i think ah gong going to be quite zun coz the period to that forecast is infinity (maybe 5yrs, 10yrs, 50yrs??) mah.. so sure zun one la.. will happen in times to come, hor? mmm.. STI at 2200pts?? possible also leh.. maybe soon, maybe another economy recession de bottom, maybe.. on monday.. maybe...maybe.. mmmm... anyway.. my ah gong passed away already.. he just conveyed the message to me when i dreamt of him yesterday.. miss ah gong..

tanzq83      ( Date: 02-Oct-2009 09:24) Posted: i feel investors a bit over-reacted to the news yesterday leh. data shows that consumers are opening up their wallets (at least that's what was shown), instead chose to focus on the unemployment numbers. anyway..watch out for Dows at 9400~9450 region...any breach below that level, i think likely to be bear market le.. otherwise now still appear to be in consolidation stage.. 2-cent worth :)

 

Look thru my post i never say DJ or STI will down :) When I say it will go down ... I really mean it :)

I also dont bother to give good post or bad post as if i care :) lol I only share my info to those who think it worth the time going thru my post and really understand my meaning behind it :) If your an average person you will never able to understand me.

Anyway DownTrend is intact :) HUAT AH

kellychang      ( Date: 02-Oct-2009 10:56) Posted: u dun always say STI down ohh..... also dun always say short ohh.... u see ur thread..so many people rate you bad post... hahahaha...   risktaker      ( Date: 02-Oct-2009 10:53) Posted: Down all the way :) SHORT TO HUAT AH

 

u dun always say STI down ohh.....

also dun always say short ohh....

u see ur thread..so many people rate you bad post...

hahahaha...

 

risktaker      ( Date: 02-Oct-2009 10:53) Posted: Down all the way :) SHORT TO HUAT AH