I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Wednesday 25 November 2009

Greed And Fear - Part 4

http://createwealth8888.blogspot.com/2009/10/greed-and-fear-part-3.html

I have this chance to observe how the Greed and Fear action played out in a trader on her trade on Kep Corp.


She has queued to sell at $8.44 and sudden movement of price up and she quickly withdrew her sell order. She was very happy and hoped that Kep Corp could continue to move up.

However, an hour later, when HSI dropped sharply, probably due to stumbling of SSE when the Central Banker may tighten Chinese banks’ capital requirement.

Fear of losing and she pressed the panic Sell button at $8.41.

Guess what, Kep Corp recovered and continue to power up. The reason for more buying interests from BBs probably due to several month of dry spell (no orders announcement) and suddenly out of the blue, it announced 2 orders. The better one is on drill ships which many analysts believe that Kep is unable to compete.

In a long spell of dry season, 1 day of rain may bring hope to the farmers.

How can we probably overcome this Fear and Greed in the market to make better decision?

I am still working hard on it. FA or/and TA for Exit strategy?

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