I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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"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

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Value Investing
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Friday, 6 March 2020

STI : Swee swee rebound??? (3)


Read? STI : Correction or Bear?

 STI swee swee rebounds at 2961 on Monday then Bear runs away!

















Posted by Createwealth8888 at 21:13
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4 comments:

  1. Singapore Man of Leisure7 March 2020 at 08:57:00 GMT+8

    CW,

    You definitely no snake oil material (hence trustworthy) ;)


    This is how a snake oil would write instead:

    If STI bounces off 2961 next Monday, it would target above the psychologically important 3000 level. Closing above 3000 will encourage the bulls to push towards 3050 as first target, and eventually 3100 for the week ahead.

    However, if STI pierces through 2961 instead, 2900 will open up for the bears to target. With the eventual break towards long term support at 2500 in the weeks ahead.


    This is the art of "got say like never say" mah!

    This way, like fortune tellers, the listener can makeup what they want to hear.

    And we are never "wrong"!

    LOL!





    ReplyDelete
    Replies
    1. Createwealth88887 March 2020 at 09:37:00 GMT+8

      :-)

      Same as mentoring on trading. Your mentor can point out one or two mistakes that you could have avoided and made money. LOL!

      Delete
    2. Small Time Investor7 March 2020 at 12:33:00 GMT+8

      Yeah Smol

      We snake oil likes to beat around the bush and tell narratives.

      But in short, its either will go up or fall down ma. Haha

      Delete
  2. Small Time Investor7 March 2020 at 12:34:00 GMT+8

    Make customers feel good and ass covered as well ma. Win win

    ReplyDelete

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