Thursday, 15 November 2012

It is official that ALL our market sentiment indicators have turned BEARISH

Dear Friends,

With Financial sector turning bearish and joining the party, all major exchange (NYSE and Nasdaq) and sectors have all turned bearish.

Our market sentiment indicators have been providing us with timely views of the market. Over the years, sometimes I tried to go against what our sentiment indicators tell us, and most often I was burnt (because of itchy hands). So I suggest we all pay attention to what our market sentiment says, just play along it.

Try to avoid being bullish now. It is ok we just sit on the sidelines as not losing is already making money. Or try to day trade only. If you are swing trading, just sit tight and get your cash ready... once opportunity comes, we pounce back everything!

Huat ah! I am looking forward to a wonderful chinese new year, ha!

958访谈9月21日:展望2017年股市与经济:美国联储局都不看好美国经济?

·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...