My Trading Adventure

How to see market is topping?

CP TEH
Publish date: Thu, 02 Feb 2012, 02:06 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
How I see market is topping?

Technically, when indices are at high, reaching resistance and rallying with every little 'good news'. When sector indices are reaching new high each day ... inching higher. When the leaders in each sector reaching new high or resistance.

Fundamentally, when more projects related news being dished out. When more speculated about what sectors will benefit most from those projects. When valuations are being stretched ... PER going above 20X with more broker houses, in tandem, upgrading many target prices. Earnings projected are also in full optimism ...

Markets becoming noisier ... more punters moving in and many who have side-lined since Sept mini-crash started to move in, believing we could see 1600, yet again. When many in forums swarming with full confidence, when more pro-kaki showing off how well they have done in forums, attracting more newbies and those noise-makers asking them more tips. When forums are the ONLY place these once losers hanging-on ... plus the feel-good injection of emotions in play ...

When newspapers playing on good news ... adding the election-rally play, plus EURO is being saved. Needing to read how even IRAN news could boost OUR markets. Everything being used to pump-up the hype ... we arrrrrre in BULL market, no doubt.

When more call-warrants being issued. It doesnt matter, premiums, gearings, risk ... just punt in and get rich, baby. When more asking what call-warrants are ... and newbies started to profit from markets.

When more of people enquired about my trading classes, joining my e-learning or anything at all to join in my group. With the increase of participants going for other trading courses ... and market-talks organised by our friendly-investments is FULL house. When more broker houses promoting their services.

When your looong lost remisiers asking you to BUY BUY BUY ... and you long lost friend of sudden called you up and talking about share-market ...

When my colleagues asking me to give a talk about stock-market in college for our colleagues!!

When ... market is noisy. It is topping ... and I am busy listening to songs ...thanks

TEH
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Discussions
Be the first to like this. Showing 6 of 6 comments

lotsofmoney

Its is all gut feeling. Experienced one will know when to get out.

2012-02-02 16:55

cytew

You can determine the Market Topping and Bottoming by calculation using Ying and Yang (I-Ching) theory coupled with celestial Disc and theory of Nine.

2012-02-02 17:26

j harcharanjit a/l jalaur singh dhillon

to me i feel mind can predict the future by looking at the past and present situation. but this things are always changing with relation to time

2012-02-02 19:47

j harcharanjit a/l jalaur singh dhillon

just my thought it can be right or wrong ha ha ha

2012-02-02 19:48

willy

No bet cannot lose

2012-02-02 22:37

Stephen Lee

The musical chair has began since the last week of the HARE and we are ENTERING into the Dragon. We expect this uptrend to last a few months until the election date is announced. Beware of what is going on in the Middle East.

2012-02-03 03:16

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