Thursday, 12 March 2020

STI Technically Into Bear Market (2)


Read? STI Technically Into Bear Market

 Next support level at 2,5XX

 From Oct 2007 Peak to Mar 2009 Low is 515 days

 From recent peak at 3,407 to today is 45 days!

 More painful days ahead for long only retail investors; hopefully our Panadols can help to ease heartache and still sleep well!


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10 comments:

  1. wong12 March 2020 at 20:15:00 GMT+8

    do u see bear coming?!

    ReplyDelete
  2. Singapore Man of Leisure12 March 2020 at 21:09:00 GMT+8

    CW,

    Next support at 2,5XX???

    What happened to precision in 2 decimal places?

    LOL!



    ReplyDelete
  3. Small Time Investor12 March 2020 at 21:14:00 GMT+8

    Uncle 8888

    Too fast too furious, maybe need oxygen tank.

    ReplyDelete
    Replies
    1. Createwealth888812 March 2020 at 21:42:00 GMT+8

      Take a break and take a deep breath before continue!

      Delete
  4. The Dreamzola Traveller12 March 2020 at 21:33:00 GMT+8

    I think it need more than just Panodols.Got hammered too many times within short period.
    STI cannot 'Tahan'. Coronavirus---Temasek bad news----oil price affairs-----WHO declared 'pandemic'.

    ReplyDelete
    Replies
    1. Createwealth888812 March 2020 at 21:44:00 GMT+8

      Good experience for those came into the market after 2010

      Delete
    2. Createwealth888812 March 2020 at 22:07:00 GMT+8

      At this rate of falling; soon those on leveraged yield will kena margin calls or kena forced selling.

      Forced selling will trigger another round of sharp fall!

      Delete
    3. Small Time Investor12 March 2020 at 22:24:00 GMT+8

      Got client used to be papaya when on margin good mode.

      Now margin mode becomes bad, became cry baby and like what you mentioned force to sell.

      Delete