Big boys think, see and act differently from the majority. End of April, we saw the panic sell down by the retail traders / investors. These people were worried about the curse of "Sell in May and go away". But then what the big boys did? Have you ask yourself, you, yourself, coffee shop uncles and aunties were selling, then where the buyers come from? Who are they?
Whenever you feel/think that the market 完蛋了, the hope and greed return. The market turned around in mid May. The big boys created hope. And there we were, the greed returned. People started to buy.
温水煮青蛙. Europe and Asia market are inside the bear territory. I said that many times, the market will not crash like what we saw in Y2009. The US market is still on bull. So beside the Bexit,, watch the US market closely.
The roller coaster ride will continue. Friday end with number of indictors like STI bearish engulfing triggered, Taiwan IB, Hang Seng shooting star, FTSE and CAC IB triggered, DOW and S&P IB triggered............. So be very careful this week. Volatility is back again.
Past few weeks, I worked on one new website. Here is the link: http://achua138.wix.com/mysite
Whenever you feel/think that the market 完蛋了, the hope and greed return. The market turned around in mid May. The big boys created hope. And there we were, the greed returned. People started to buy.
温水煮青蛙. Europe and Asia market are inside the bear territory. I said that many times, the market will not crash like what we saw in Y2009. The US market is still on bull. So beside the Bexit,, watch the US market closely.
The roller coaster ride will continue. Friday end with number of indictors like STI bearish engulfing triggered, Taiwan IB, Hang Seng shooting star, FTSE and CAC IB triggered, DOW and S&P IB triggered............. So be very careful this week. Volatility is back again.
Past few weeks, I worked on one new website. Here is the link: http://achua138.wix.com/mysite
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