As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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.

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

Wednesday, 21 October 2009

Who Moves My Market?

Made no mistakes about it. The institutions - fund managers, market markers, and money managers and not individual investors, these Big Boys are the ones that drive the Market UP or DOWN. They are the Sharks of the Market. Guess who survives along with the Sharks and still have some good meals on the scraps dropping from Shark's jaws?

Pilot fish.

The pilot fish congregates around sharks, rays, and sea turtles, where it eats ectoparasites on and leftovers around the host species.

If we want to survive along side with Sharks, we better watch the movement of the sharks.

If Sharks are buying, then we shouldn't be selling yet. When the sharks stop buying, probably it is a good time to take partial profits.

When the sharks are selling, then we shouldn't be buying yet. When the sharks stop selling, probably it is a good time to buy slowly.

These are my Pilot Fish indicators that I have been using, and I don't really follow any other technical indicators in buying or selling.

If you look at my charts posted with those technical indicators, they are just there to confuse people. LOL.

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