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
Ouch!
ReplyDeleteMy eyes! My eyes!
This reminds me of the mummy ride in USS.Highest point, and one shoo straight down.
ReplyDeleteDepression 2.0 coming?
ReplyDeleteStocks tumbled on Wednesday, reaching a new coronavirus crisis low as investors worried about the economic damage from the pandemic.
ReplyDeleteThe Dow Jones Industrial Average dropped 1,338.46 points, or 6.3% to 19,898.92, marking its first close below 20,000 since February 2017. The Dow was down more than 2,300 points at the lows of the session. The S&P 500 dropped 5.2% to 2,398.10 and closed nearly 30% below a record set last month. The Nasdaq Composite slid 4.7% to 6,989.84. Virtually no market was safe from the selling wave, with crude prices having their third-worst decline on record.
Stocks came off their lows in the final minutes of trading after the Senate obtained the votes to pass a coronavirus relief plan to expand paid leave.
Echoing concerns of the about the mounting economic impact of the virus and whether the government is doing enough to combat it, billionaire investor Bill Ackman said the best remedy for the market downturn and the outbreak in the U.S. is for President Donald Trump to shut down the country.
“We need to shut it down now... This is the only answer,” Ackman, founder of Pershing Square Capital Management, told CNBC’s “Halftime Report” on Wednesday. “America will end as we know it. I’m sorry to say so, unless we take this option.”
“Hell is coming,” said Ackman. “Capitalism does not work in an 18-month shutdown, capitalism can work in a 30-day shutdown.”
Trading was briefly suspended after a “circuit breaker” was tripped up. A circuit breaker halts trading across the U.S. stock exchanges for 15 minutes and is meant to ensure orderly market behavior. Wednesday marked the fourth time in a week that a circuit breaker was triggered.
temperament,
ReplyDeleteI think you are the No. 1 troll here.
Talk until got thunder and lightning...
Then to the punchline:
"Actually I seldom do the above."
You are hilarious ;)
LOL!
STI free fall 19 Mar 11am
ReplyDeletetemperament,
ReplyDeleteFirst, answer me this question:
Do you have a futures trading or CFD account right now?
29% war chest utilised liao. :P
ReplyDeletePS: portfolio insurance to buy whenever VIX goes below 14 or 13 ... TVIX
Not something for buy and hold though LOL!
temperment,
ReplyDeleteCan't even answer a direct question ;)
You surely have talked a lot over the years!
LOL!
LOL!
ReplyDeleteYou remind me of investment trainer, late Dennis Ng.
Can't even answer a direct question . Yes or No?
Did you make millions from the stock market or from your business?
CW,
ReplyDeleteIts like the 2 of us talk dragons and phoenixes about taking driving vacation to roam round Taiwan island by car; or drive from Singapore to KL, onwards to Penang, and finally to Langkawi.
Then you look at me, I look at you.
Neither of us got driving licence! Hello?
LOL!
My friend from bank told me his friend shorted the market and show him P&L of 260KSGD within few days.
ReplyDelete