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

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Value Investing
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Technical Analysis and Charting
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Tuesday, 2 June 2015

DBS : Straight Down!!!


  1. CW,

    I guess some institutional funds are taking some money off the table ;)

    Let's make a wild guess who is taking the opposite side of their sell downs?

  2. CW,

    The best thing about reading voodoo charts is that we see what we want to see ;)

    All I see is higher highs and higher lows.

    But if the price breaks below $19.30, all bets are off!

    By the way, all I see is a "ladle".


  3. @SMOL, nothing wrong with taking the opposite side of institutional funds. Chances are that they will have a different agenda and time-frame, while the person taking the opposite side has a different time-frame

    1. Vatsa,

      Nothing wrong at all as liquidity is always welcomed as it lowers the cost of transactions ;)

      If there are no ones to take the opposite side of the trade, we would have a flash crash!


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