Friday, 18 May 2012

Dow Free Fall can't be stopped...

Dear Friends,

11 out of 12 days. That is the longest losing streak we have this year. Patience is needed. Greece news dominate headlines again. Fitch downgraded their debt again.

2moro Facebook will IPO. I heard that some singaporean friends have lined up to buy this stock on the first trading day. My advise is to wait. I have witnessed how Baidu, Google and Visa IPO with so much hype only to drop back. So I suggest to be patient. Let the stock run-up and bust. Only after it bust, the big boys will come in.

But I am hoping this strong IPO will light up the tech sector. Ever since our Market Sentiment Indicator indicates bearishness in Tech sector and Nasdaq, tech has been weak. Hope that this Facebook IPO can help save the Dow.

Be careful this month on any entry. Patience is the word until we see a turnaround.


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。 ...