28 September 2015 at 18:32
Msian so-called growth n momentum stocks r the strongest !
Simply amazing msia boleh n gungho operators.
Those stocks r likely flirting on their tops.
Even the world strongest sector in Bio-tech n Biopharma stocks
have begun to crash. The big global name stocks in drugs r plunging down
10 to 20% a day for 2 days in a row now.
BIB was at $8.80 on 04.01.12 n it went purebull to a record high of $106 set on 20.07.15.
It has since then crashed to $53 today.
https://www.google.com/finance?q=NASDAQ%3ABIB&ei=2uoKVvm8MoSmmAGv1oLQBA
Next, the Tech stocks r shaking.
US Presidential cycle has kicked in.
It's clear shouting time for the aspiring politicians for presidency.
The loudest among them will be known.
They'll do whatever n that will be really bad for stock mkt in the interim.
To contain risk, trade the velocity ETFs in US mkt with bias view to bear.
bcos in US, habitually some individual stocks can crash to ground 0 on slight bad news.
Extreme risk is around.
Purebull,
ReplyDeleteWhat's your view with Solid come back to 1.80? Are you looking at any other stocks at the moment?
I agree with you that whatever that goes up will continue to go up..like SAM recently. If you're not comfortable to share in i3. Please continue to share here to the loyal reader like me and some others. I believe those who have the fate to see it will see it.
DeleteThere's no extra pressure added actually and we do not pointing fingers but to appreciate what you've shared. By the way, Solid going to hit new high I think.
Solid hit new high at 1.9 :)
ReplyDeleteAny day-trading tips that you have?
ReplyDeletemean reversion trading
you've missing in action here for 2 months.. waiting for you to come back~! By the way, i'm matrix6050 in i3
ReplyDelete