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!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday 26 October 2018

Is STI going to Rebound or Entering Bear Market???


Rebound or Bear akan datang?

 What did you see on the chart?
























Posted by Createwealth8888 at 22:48
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5 comments:

  1. Createwealth888827 October 2018 at 07:52:00 GMT+8

    Dow dives nearly 300 points, S&P 500 dips into correction levels in another wild day on Wall Street

    Stocks fell sharply on Friday as investors slogged through another volatile session on Wall Street.

    The Dow Jones Industrial Average closed 296.24 points lower at 24,688.31 after dropping 539 points at its lows of the day. The Nasdaq Composite dropped 2.1 percent to 7,167.21. At its lows, the tech-heavy Nasdaq had fallen more than 3 percent.

    The S&P 500 fell 1.7 percent to 2,658.69 and briefly entered into correction territory, trading more than 10 percent below its record high reached in September. The average stock market correction, since WWII, results in a 13 percent drop and lasts for four months if it does not turn into a full-fledged bear market.

    ReplyDelete
  2. CreateWealth888827 October 2018 at 10:06:00 GMT+8

    Next year he lost. This year he is going to win big in this type of market. Fighting with both arms in either direction

    ReplyDelete
    Replies
    1. CreateWealth888827 October 2018 at 10:07:00 GMT+8

      Sorry. Last year he lost

      Delete
    2. Singapore Man of Leisure27 October 2018 at 11:14:00 GMT+8

      CW,

      I thought you cursing me...

      Finish this year first, then worry about next year.

      Traders stay in the present; investors live in the future ;)



      I can trade BOTH directions, but I suffer from a directional bias. That's why lost money last year :(

      I not so pro as to go long and short in the SAME trade - go long, take profit, and go short for the ride down and vice versa.

      At the moment, I am more comfortable taking profits, wait for the price to retrace, then go in for wash, rinse, and repeat trade again.

      But working on this mental limitation of mine.



      And yes, Feb and Oct has been kind to me ;)



      Delete
  3. Singapore Man of Leisure27 October 2018 at 11:22:00 GMT+8

    temperament,

    Again its what other people has said...

    I guess its too late to teach an old dog new tricks.

    During my corporate days in leadership workshop facilitating, I always "force" the potentials to use "I" instead of hiding behind "they", "we", them"...


    If we can't take responsibility for what we think, say, or feel, can forget about being a "shepherd".

    ReplyDelete

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