
only three rules for these kind of market:
Rule 1: Disclipine
Rule 2: Disclipine
Rule 3: Go back to Rule 1
Regional mkt down, STI down by -109.13 pt to STI 3,291.28 points, so far all this indicated index counters is on profit taking...
, however ipo market seem so far so good...


since said in March that market is uncertain in which we do not like in the week after 16th April...and it tends to go down due to law of gravity (short term investors do not like uncertainty)...however, to some mid term and long term investors, there are always opportunity during big plunge...advise trade cautiously if you want and good luck :)
hehe...
one usually does not want to be a long-term investor unless forced to... :)
be careful and do not take too much position unless you are a mid term or long term investors...good luck
Unlike today and yesterday, tomorrow's STI will very likely take it's cue from tonight's Dow...
Not very promising bull sentiment present to fire the imagination...
Good trading opportunity.
This warrant may cheong back to 20 cents tomorrow.
STI W070529 very oversold.
Tomorrow STI should have at least some recovery.
Call warrants very oversold
A double top can also develope in the weekly chart in time...
No worries lah. For STI, it is best to use weekly chart which still stood fully errected at one o'clock. The twin mole hills shown on the daily chart over a period of a few days is just mosquito bites lah... :)
The worst thing is for the Dow and STI to form a "double top" in the coming days/weeks.
A developing rdouble top formation will definitely bring stocks to much lower levels before the longer the longer term bull-run resumes...
Look's like the US markets tonight are going to be bad. The DOW, S&P and NASDAQ futures are all badly in the red now.
Looks like the beginning of an overdue correction, but not crash lah.
With already 3 days of 'newmoon' rises, the Dow is likely to fall tonight...
If that happens tonight, tommorow may not look too promising for the STI too... :(
STI down 99.41 points at 3301 now....down to early May
Discipline must be specific...
Is it discipline on cutting loss...
Or is it discipline in holding out?
Both require considerable 'dicipline'...
Don't be alarm. STI is very resilient - it is like lalang grass. When the bad wind blows from China, it will lean on the Dow and when the evil wind blows from US, it will lean on China. This is call survival of the rugged society... :)
strict disclipine needed for this kind of "uncertain" market....good luck
Posted: 13-Apr-2007 14:19 | |
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strict disclipine is needed for next few weeks of trading...if you lack the disclipine, please do not trade aggressively...good luck |
The STI's performance in the last 2 days is dismal and unpromising...
Pullbacks in some stocks are unusually big, too.
and this is in spite of the strong Dow showing in the past few days...
the market seems to be beginning to suffer from a bout of flu now...
not too promising for bulls, perhaps...