Friday, 16 May 2014

Dow 200 points drop in 1 day doesn't look good, but Russell Buying Zone 1050-1080!

Dear Friends,

These 2 days have not been a good 2 days for the DOW. It has dropped 100 point yesterday and 200 points today at its peak. Russell 2000 index, which measures more penny stocks also got into a bit of a panic when it drops 10% from its peak and has dipped below the 200day MA.

But instead of being in panic mode, I suggest taking a close look at the Russell 2000 index, RUT. I am salivating at this delicious meal now!

Just like what I always does, trying to catch the indices bottom. I am predicting that Russell might reach a bottom very soon!



A month back, I predicted that Nasdaq composite reached a bottom. It has rebounded 100 points since then.

Article on 16th April predicting Nasdaq bottom at 3950. Now it is 4070.
http://www.danielloh.com/2014/04/it-is-time-to-buy-2-indices-nasdaq-and.html

Nikkei futures has took off at 14000, but recently just came back near 14090 again. An opportunity if it drops below 14000 again?

That is my bet, Nikkei should bottom at 13500- 14000!

Rgds
Daniel

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。 ...