Friday, 11 December 2015

STI 2790-2840 is my accumulation zone! (11th December 2015)

Dear Friends,

It has been a long time since I update on the trend of Singapore market and STI. The market has really been bad! A lot of friends has asked me about my prediction of STI bottom.

I have been patient looking for STI to reach my accumulation zone too!

Looking at the chart, you will see that STI has dropped from 3100 on 26th October to now 2841 lowest as of today on 11th December.

In recent years, we have always tried to spot the bottom of STI when nobody is talking about it yet.

Today might be the day again! STI has indeed reached what we called the accumulation zone again

The zone I am looking to pick up STI is 2790 - 2840!

Hope I am right again. It is never easy to spot a bottom of an index when it is falling like a knife.

And it takes a lot of courage to call for it now that everyone is so pessimistic. But as the saying goes, 

NO PAIN NO GAIN!



Just a word of caution, if you are also accumulating, try to test the water by going in a bit first. Add up position as it goes according to what we want.


Happy Merry Christmas!

Ho Ho Ho,

Daniel Loh
The Gutsy Analyst
www.danielloh.com


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...