S&P inverted hammer at level triggered

Are you afraid with the current free fall? When the market going to rebound?

Recently, lots of my friends asked me about stock market. Whether they should hold or sell.

The free fall came fast, 让很多人错手不及。
I knew that last week lots of people stand by. Stanf by what? Yes, the market to rebound. However, Monday US DOW dropped by 3000 points. And it stunned everyone. Right, do you? You got more confuse, isn't it? and do not know what to do?

To hold, to sell or to buy, I am not here to give you an answer. I do not know what stock you are holding, I won't know each and every counter characteristics

But I can share these 2 tips with you.

Market only 10% of them are making money. So when everyone standby for the rebound, you think the big boys will let it happen. Any transaction, there is always a buyer and a sell. So what you think? The big boys will sell it to you, so that you guys profit from the rebound and the big boys haha... sink. No way. They are going to confuse you, shake you out, frighten you off....... So remember who are the 10% and who are the 90%. Do not follow the crowd.

You can look at all the past crisis, which ever one which ever year, market won't come down just like that. It will rebound, it will....... So when is this going happen? Find out from the people around you. From people around me, really? Yes, because 

• 行情在绝望中诞生
• 在全面欢乐中毁减

USD/SGD hit important resistant

USD/SGD steep upward hit improtant resistant.  This morning market opened it went higher and then came down and it seems like forming a shooting star.  Will it end with a shooting star and tomorrow trigger or ......... ?  Actual traders may not want to wait for that.

Look up if US and Europe don't go up anymore and start to form divergence & will ASIA market come down to test the support once again

Crude Oil yesterday inverted hammer triggered at major support with 16 tics stop loss.

Whether you are a trader or investor, do take note on the below few points

A lot of retail traders / investors will attend seminar after seminar, like hokkien said 问神, hoping their so called experts can tell them the next market movement of 1 mths, 3 mths.....down the road.

Allow me to share with you guys from a 30 years full time professional trader remarked / quoted:-

1. No one can predict price movement. You can't, I can't and nor the best analyst, trader and investor in the world. Beware of anyone who claims otherwise. When the person tell you the next market movement direction.... at time they are lucky to get it right.
2. The person who can constantly correctly foresee how the market will develop or how particular stock will move has yet to be born.
3. We have people out who nurtured on all those tales of good fortune like Warren Buffett and attempt to duplicate them but in the fact they are making tons of money thru' conducting irresponsible courses.
4. Trainers, presentators....even history ignore the real fact on majority investors. That's the 90% who lose their money in the markets.
5. Assume you are reading an article about a company with wonderful prospects. Numbers of analysts also like this company. Do you think you have the advantage? You and another half million people have heard about the company and read the same article?
6. Remember, big money is not where information is clearly divulges to the public. If 90% of investors lose money then they are clearly doing something wrong.
7. Always remember: there is someone who will profit and someone who will lose from every analyst recommendation.
8. Every transaction, there is a buyer or seller who he/she is smarter than you. They know what these 90% are doing.

DOW should locate it own support point and rebound

For the past 2 years no time to update my blog.

Recent down side scare off anyone.  Recently I wrote a short note on my facebook about recent market.

Today, I posted: