My Trading Adventure
SELLDOWN : Time to get excited
CP TEH
Publish date: Tue, 06 Aug 2019, 07:18 AM
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.
Good morning ... DOW minus 767 points. Nasdaq down more than 3% ... HSI would dive further ...
so ... are we seeing crash now?
Nope ... we are only seeing some so-called correction and it is very sharp due to sharp rebound from 1580 to 1690 KLCI ... and many penny-rallied 100-200% ... so, correction is common. Not crash.
HSI ... will it break 25000 level?
I will want to put some diving charts later ... as i m expecting selldown in Frontkn, Inari, Dufu, Gtronic, Myeg, Eforce, Revenue, Elsoftg, Greatec ... and more such tech-related counters with Nasdaq minus 3%.
Are we ready to buy this week? Cant contain my excitement. haha
note : only excited if you are in cash position la ... sold most last week. those thinking of AVERAGING down, good luck.
update later
TEH
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1 person likes this. Showing 11 of 11 comments
Cant contain my excitement - Maybe ... for a person who bought maximum 100 or 200 shares like you
2019-08-06 08:34
tokohM. You are right. He must show his so called excellent track record. He always said something good and great about himself. And he always showed he timed the market so well. Very doubtful.
2019-08-06 08:42
I have noted his postings for quite a while. He always posted after some market news, be it negative or positive. Meaning he is using historical figures to post his views. I believe anyone also can be great with a view of the past. Why don't he share some predictions about the upcoming market trends for us to witness? If he is right, I will definitely follow his blog even closer.
2019-08-06 08:49
Posted by nhbeen > Aug 6, 2019 8:49 AM | Report Abuse
I have noted his postings for quite a while. He always posted after some market news, be it negative or positive. Meaning he is using historical figures to post his views. I believe anyone also can be great with a view of the past. Why don't he share some predictions about the upcoming market trends for us to witness? If he is right, I will definitely follow his blog even closer.
One consultant used to post his Elliott Wave chart on the net before the event n got it right mos of the time and is stacking his reputation as a consultant. I do not see it here. Merely discussing about capitulation brings nothing.
2019-08-06 09:26
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tokohM
show me your excellent trading result
2019-08-06 07:54