SELL at resistance is a simple trading strategy. You do know that, right?

DOW : The theory that we learn from technical is to SELL at resistance. Or it is? Hence, my view is is on the SELL side. A few days of dropping in DOW is very possible now, going into this week. KLSE is going in their own direction due to the speculated election-rally. But, logically ... the upside is not really there and risk is much higher. You do not need to know charting ... you could see things with bare-eyes.

Note : I do not have anything against doctors, engineers, lawyers, teachers(academicians) and such lines in the market. But, if you are really not in financial line, do not know much about trading and lack of experiences in markets ... I am just pointing it out ... to be nice, do be careful. Markets are NOT for those in these professions. But, those doing business --- understand market risk and business risk, they may do better if they know how to use the charts.

Seriously, I am just trying to be kind la ... not to criticise others. Read those 2000 posts of mine to understand that I do mean good, ok? Sorry again if I have offended anyone by trying to TELL THE TRUTH. Markets need SMART(not intelligent, tho) who could understand RISK and understand learning to gain experience.

Ok, just a simple post of DOW ... telling you WHY I have a SELL view ... as I am a trader. WHY I called my tratles to SELL to many of those who are rushing in. Those rushing in blindly, greedily could be ... doctors, teachers, engineers, lawyers ... anyone. Accountants, Bankers, Businessmen and those in financial-lines MIGHT be slightly a better trader ... but again, I am not siding which profession could perform better in trading. I merely stating what I read from books/sites, which I generally agreed.

SELL ... and wait la ... but up to you. That is just my opinion ma. No need to explain or answer to anyone, right? Opinions are cheap, it is everywhere ... but it is THERE because we seek for it, ok?

Make you own decision, please.

TEH