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4 comment(s). Last comment by calvintaneng 2015-08-18 01:14
Posted by Sniper88 > 2015-08-18 00:53 | Report Abuse
Also, it will be even great if you can let us know when exactly the bottoms or peaks was hit during each bull & bear mkt. TQ again
Posted by calvintaneng > 2015-08-18 01:00 | Report Abuse
WE ARE STILL IN CORRECTION PHASE. NOT YET IN SUPER BEAR TERRITORY YET.
IT TAKES MONTHS DURING BULLISH PHASE TO MOVE UP BY STAGES. BUT IT TAKES ONLY A FEW WEEKS OR EVEN DAYS TO SEE IT CRASH AND PLUMMET DOWN LIKE A STONE!
IN SUPER BULL PHASE MANY COUNTERS SUDDENLY GO LIMIT UP WHILE THE OPPOSITE IS THE NORM DURING SUPER BEAR PHASE - MANY COUNTERS MIGHT SUDDENLY GO LIMIT DOWN!
IF YOU CANNOT STOMACH THESE TERRIBLE TIMES BETTER STAY AWAY.
CHEAP IS A RELATIVE WORD IN BEAR PHASE. WHAT APPEARS CHEAP NOW MIGHT LOOK EXPENSIVE NEXT WEEK. BECAUSE CHEAP CAN GO CHEAPER IN LIMIT DOWN COLLAPSE.
IF YOU ARE STILL LIQUID AND HAVE NERVE OF STEEL THEN AVERAGE DOWN SLOWLY. PHASE OUT YOUR BUYING AND BE PREPARED TO HOLD FOR AT LEAST 7 YEARS.
Posted by calvintaneng > 2015-08-18 01:14 | Report Abuse
ARE WE IN A BEAR MARKET?
MR. JOHN SMITH SAID THIS IN PERTH, "PEOPLE IN PERTH, WESTERN AUSTRALIA DON‘T REALLY KNOW WHAT IS WINTER. THEY CALL IT WINTER WHEN TEMPERATURE FELL TO 10 DEGREE CELCIUS.
JOHN WHO IS FROM LONDON HAS EXPERIENCED BELOW ZERO CELCIUS IN ENGLAND. ON DAYS WHEN DEEP SNOW HAS FALLEN YOU CANNOT EVEN OPEN THE FRONT DOOR TO GET OUT.
SO IN REAL BEAR MARKET LIKE OCTOBER 29 1929 ……THERE ARE ONLY SELL ORDERS. NO BUY ORDERS IN SIGHT. AND IF THERE ARE ANY SHARES ARE THROWN TO THEM BY THE MILLIONS.
HOPEFULLY, PM NAJIB WILL DO SOMETHING TO AVERT MALAYSIA FROM SUCH AGONY OF TOTAL COLLAPSE IN CONFIDENCE BOTH WITH REGARD TO RINGGIT AND THE KLSE.
PRAY FOR MALAYSIA.
No result.
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save malaysia!
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sniper88
3 posts
Posted by Sniper88 > 2015-08-18 00:50 | Report Abuse
Hi, it is a very useful guide. However, in term of duration, it will be great if you can rephrase it into month (instead of year). tq