Wednesday, 4 March 2015

Composite today drop off from 5000 psychological resistance but don't worry!

Dear Friends,

It is little surprise to me that nasdaq composite is heading for its all time high price of 5132 reached 15 years back in March 2000.

Price chart of nasdaq for 15 years

Of course with the breaking of the 5000 mark yesterday, traders have been a bit worried about this high price.

Price chart of nasdaq this 1 year with high price of 5008 reached yesterday

My opinion is in the short term, a correction is still not happening yet. Most probably it will happen in April or May.

Do not worry about todays 40 points drop in Nasdaq. I anticipate it to rebound back soon.

Not to forget the Apple i-watch launch soon in April. I have no qualm and doubt that this run will still continue till the launch.


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。 ...