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
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Friday, 5 February 2010

Great Bear is Back! DOW back to 10,002.18, -2.61% Big Drop!

DOW down by -6.7% from last high while STI down - 6.4%.
Today more blood letting liao!

Investors are bracing for a bumpy ride, after the Dow [.DJIA 10002.18 -268.37 (-2.61%) ] briefly fell below the psychologically important 10,000 mark on Thursday before bouncing modestly at the close.

But that bounce was little consequence for bulls. By the end of trading, stocks had suffered their worst losses in more than nine months after concerns about the debt of Greece and some other nations in Europe triggered widespread selling.

Also an unexpected rise in jobless claims put investors on the defensive just ahead of Friday's crucial payrolls report

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