Wednesday, 7 March 2012

It's a sea of red in US: Down by 165 points

Dear Friends,

It's Bear that is triumphing by midday now. Dow is down by 165 points now. The Bears are getting their weapons ready to pounce at every opportunity now. ISM last Thursday seems to be the start of the fire. Like I mention, if Dow breaks 12900, it is heading towards 12700. Today we are almost there.

Check out all the negative news in the media...

China problems, Greece debt problems are back (Amazing right? its back), Tech selloff, Financial companies problems....all these are possible because of decreasing confidence in the economical reports last week. Please take note that enterprise reports these month is weak. Last week ISM and Durable Goods report are proof.
I sincerely hope that 2moro ADP employment, Friday's Non farm payroll is good. If not, expect more selloff. If employment reports are good, it might just sustain the market this month, meaning it will go sideways.

If 2moro ADP employment is worse than expected, I am starting to turn BEAR.

Let us wait in sidelines now.


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。 ...