Movement on DOW is the key to the world trend.
We saw a big one minus = down wave. Like sine wave, after a one minus,
it has to be followed by 1 plus.
But last 2 days n now, DOW seems to be going into 2 minus.
Am scare n shivering !
But last 2 days n now, DOW seems to be going into 2 minus.
Am scare n shivering !
The valid consolation is both DOW n S&P500 have recently pierced
through convincingly into all-time new highs n r in the exciting growing space.
Amorr/HK Tan said, "breaks new high it should fail".
It is failing now. Pray it stops at one minus in the next few days.
If this happens, future ahead is bright n wide open......
Being sympathetic to the world bearish mkt, KLSE too went into 'spring cleaning'.
It has to cautiously climb up step by step all over again...
2-3 months down the road, we find the reasons for the sell down on the
It has to cautiously climb up step by step all over again...
2-3 months down the road, we find the reasons for the sell down on the
main media today is not valid. Why is it always going to happen this way ?
n the faint hearted ones always r not able to make good money.
n the faint hearted ones always r not able to make good money.
Was praising KLSE's charging into Year Of Malaysia. KLSE too is humbled, so am I.
Next time I will know how to reserve those words n zip up.
Next time I will know how to reserve those words n zip up.
The Bottom Line
Successful investing requires you to keep a steady hand. Your patience and willpower will get regularly tested as the stock market reacts to news, sometimes justifiably, other times not. Just remember that not every bump in the road is the edge of a cliff. If you react by racing to sell your stocks on every little piece of bad news, you will find yourself trading far too frequently (with the requisite taxes and commissions), and often selling at the worst possible time. But by using focused discipline in separating the news that matters from the noise that doesn't, you should emerge with satisfactory investment results.
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