Wednesday, 21 March 2012

Why didn't Dow Jones increase these few days?

Dear Friends,

If you notice Dow Jones these 2 days, it remains stagnant. Yesterday it drops by 60 points, 100 points at the open, slowly recovering. Today on Tuesday, it also remains in the red, slightly 6 points down.

The major reason is the miss in forecast by the housing reports. As I have mentioned, March is probably a mixed month, do not expect it to move up fast ans furious. Housing reports have generally shown a miss in forecast so far. We have more to come this week.

But the good news is that having missed the forecast figure, Dow Jones still hang in there. It did not drop a lot, which is always a great sign of confidence in the market. It seems to be waiting for a good report before moving again. This is a signal of resilience.

If u have position in the market at a loss, hang in there. If you have a profit, might as well take some off the table, in this Dull Market...


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。 ...