Thursday, 23 February 2012

STI back within 3000, Dow retesting 12938 after hitting 13000

Dear Friends,

As Hu Li Yang mentioned, STI needs to stand above 3000 for at least 3 days. However STI failed on the 3rd day (which is yesterday). So we could not say it has succeeded in breaking through 3000. Today STI continues its fall. Dow Jones similarly hit 13000 points before retracing to 12939 yesterday.

I would suggest don't go into the market now. Especially when these major resistances are still in sight.

Like what I say in my article, I would also suggest keeping your eyes on STI at 2900 and Dow at 12700. If they falls below that figure for 3 consecutive days, you may want to liquidate your positions.


Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...