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
LOL! New batch of "don't know what cannot be done" investors from 2021 onwards. Kekeke!
ReplyDeleteCW,
ReplyDeleteI prefer to use the Joseph Cycle of 7 good years and 7 bad years as reminder there will always be cycles in life.
It not meant to be used literally; hence my poke on 2 decimal places ;)
For this latest cycle, the bull phase has been extended to 11 years...
But if we use the 2018 top as the peak of the current cycle, then the party actually ended in year 9.
Not that far off from 7 years :)
Joseph Cycle took place 3K plus - 4K years ago. Every 1K year add 1. So when it comes to 2020, it is 10-11 years.... but as the crash takes longer to come, the worst it is. The magnitude of crash is bigger and longer or has a wider territorial impact.
DeleteAs you can see from the last few crash, it affects US more in 1987, 1998 affects Asia most (bigger pop), and 2008 almost all developed countries globally comparatively hit more. And now, everyone hit!
Wah! This is Joseph Cycle+. Worse hit in 2020/2021 so we should be expecting STI to hit 1,000 and below. More pain ahead!
DeleteOK children!
DeleteEveryone go to bed now...
Don't let these "lau kok kok" fearmongers frighten you all...
You walk your own path.
Wah lau! No decimal points also kena poke! LOL!!! 🤣
ReplyDeleteSpur,
DeleteThat's what friends are for!
Ar ber then?
:)