Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
After more in depth analysis, looks like the big boys have started their move for a world wild correction. If I didn't read their move wrong, HSI close level 21622.25 on 21/Apr/2016 is the peak and the beginning of correction. It should be ended around 26/May/2016. The correction will be fast and furious, bottom of HSI would be ~18480. KLCI is the first to get hit first, then US market and HSI will follow. Next week (9/May - 13/May) will be critical, if you see a major slide down of HSI or S&P500 then it confirms my observation. For HSI c-holders, be wary, recommended to do day-trade to prevent get caught in the bad situation. H-holders might be safe till 26/May. After the correction, bull-run is going to begin. Plan your strategy right to suit the big boys' move.
Jake81, usually I will initiate my hsi c/h position after 10.15am, it seems to be that the rebound happens after hsi hitting 20328. So the game plan I mentioned this morning have to be aborted. Cautiously go for C for today. C-holders take the opportunity to sell into the strength as next week may not be good for hsi.
Eventhough it is going to have a correction, we need to be agile to exploit the situation. There will be some mini-bear during a bull-run and there will be some mini-bull during a bear-run. Yin (-ve) and Yang (+ve)always co-exist. This ia how apply the concept in the day-trading.
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Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/