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Dear ALL BRO & SIS
HEED MY ADVISE ! TAKE YOUR PROFIT WHILE THERE IS STILL ANY ( I HOPE)...pls don't let the BB sell your counter because they have NO MERCY....... i think DOW will still come down more .....this is just the begining....
C wave in the making........
Make way brave hearts...
here come's the C wave...... DOW down's 60 pts
We have witnessed A&B wave cycle already. Dow was down 200plus points last week and this week, a 300 plus point decline, meaning to say a C wave will come in soon. For those whom are looking to vest may want to practice caution.
For those with deep pocket, it will be a good time to catch the uptrend soon....
Drop dow...drop...
once the C wave is over, the good time may roll in....i cant wait.
Hello DOW, steady..to help many people...
NEW YORK, July 27 (Reuters) - U.S. stock index futures
sharply pared losses on Friday, pointing to a flat open on Wall
Street, following reassuring data on the economy.
After steep losses earlier, the S&P 500 and Nasdaq index
futures briefly turned positive after the data on gross
domestic product in a volatile session.
S&P 500 futures (SPc1:
Quote,
Profile,
Research) were off 1.30 points, below fair
value, a mathematical formula that evaluates pricing by taking
into account interest rates, dividends and time to expiration
on the contract.
Dow Jones industrial average futures (DJc1:
Quote,
Profile,
Research) were down 24
points and Nasdaq 100 (NDc1:
Quote,
Profile,
Research) futures were down 1 point.
hi newmoon,
love your wave A, B ,C. i think this is right. I guess ...
A wave leaded by the big investors and shortees, while some people just entered market without stop lose strategy, they wont sell and hope the market to rebound. so no panic selling yet.
B wave is because the shortee need to take profit thus cover their short.
C wave, oh man ! the ppl were hoping the market to rebound, but it sinks again ! these panic selling should be the worst one .
i think dow will hang a while at ~13500 and STI at ~3500, we shall see C wave soon ...
finally a close in which the STI climbs back after the 100+ points of plunge
| Index Value: | 3,492.70 |
| Trade Time: | 5:05PM SGT |
| Change: |  87.03 (2.43%) |
| Prev Close: | 3,579.73 |
STI is recovering back fast up before the Friday's close...look out...
If the A wave is causing panic the C wave will be catastrophic.
Bullish sentiment has melted like icecream on a hot summer's day.
US futures not doing well. Tonight may drop again.
opening morning plunge over 100+ points then slowly recovered back 20+ points...however now reopen market in the afternoon...guess people discussed over their lunch and felt more panicky, so selling continues and STI diving down currently...well...will it slowly climb back upwards like the morning session? let's see...
The bulls went into full force and break record till near 3650 since June till near 21st July as expected....however, uncertainty came till now and we do not like uncertainty as explained before...we are NEUTRAL short term, and prefer stocks with GOOD NEWS coming...good luck :)
just as expected one month plus ago...liquidate most position before that and still holding to some good stocks only....good luck :)
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fairygal, i do not mean the bull will stop after 21st July but "uncertainties" (do not know whether market will go up or down) exist after 21st July...and we do not like uncertainties...in the few periods of uncertainty we called, there are intra-day drop of at least 50-100 points, and there are no BIG move...once the uncertainty period is gone, we will know whether there will be a BIG move or not (whether up or down)...we need to observe more after 21st July to call for the market direction...while at the mean time from now till 21st July, we are BULLS calling...good luck trading :) |
Today down is expected but will rebound back to STI 3500 and above. However, we noticed there are lots of panic selling and short selling cross the market. The local stock market is heavily tide down with the sentiment in US even though Singapore economy.
ppls trading with emotional and fear will always creating additional wave for the market to crashed.
Buying very much muted. Not much of panic selling yet. Time for STI to take a break and so am I. Let's hope for Pre-ND Rally next week.
In a market crash, one strategy is start buying using the staggered strategy.....
Moses opens the red sea. Almost everyone gets a red rose today.....
