Saturday, 1 June 2019

STI Major Point Since 1990


Sell in May and go away?



3 comments:

  1. Nice ... coming down to 10-year support. :)

    Likely to break & test 3000 like late-2018. Hohoho

    Trump is continuing his Xmas sale with a GSS sale for investors LOL!

    Any insider with access to Trump's secret brokerage accounts? If he starts loading up means he's going to make a deal soon! Hahaha!

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  2. Just my personal gut feel so is basically BS-ing. But the next really big drop may still be couple of years away.

    Problem may be that the ongoing bull will be volatile --- will still be overall +ve over the next 1-2 years, but along the way will have many -ve weeks & months. Tough environment for trend follower!!

    For my dual momentum portion, still in US stocks. See how June ends!

    For pure trend following portion, half-in half-out of Asian dividend stocks. May soon be all cash LOL!

    For the smaller discretionary portion, have sold QQQ end of April for 11+% gain, but relatively kopi money gains lah. Monitoring sentiment oscillators, advance-decline extremes and put-call ratios for potential "blood in the streets" punt.

    I missed the recent rare earths spike. The ETF still looks good from technical setup & may have more gains to go, but me no experience with this volatile commodity. And if Trump/Xi dial down their rhetoric in 2-3 months, rare earths will plummet again.

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