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!

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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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Tuesday 14 April 2020

STI : Anyone still thinking it is dead cat bounce???


Read? COVID-19 Bear Market 2020 - Round 2 Coming??? (3)



















Posted by Createwealth8888 at 17:45
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2 comments:

  1. Spur14 April 2020 at 19:10:00 GMT+8

    Uncle8888,

    Someone also asked this question of the Dow in March 2009, and he constructed a "confidence curve".

    From the current Dow's recent peak-to-trough of -37% and bounce of +27% .... it is still within 95% confidence interval of being a Dead Cat. 🔪🙀🪓

    The next question is if this is a dead cat, then how much lower is the next low compared to the March 2020 low??

    For GFC, it was -13%.

    ReplyDelete
    Replies
    1. Createwealth888814 April 2020 at 21:20:00 GMT+8

      Let see the next few days of market direction. May be also unprecedented. :-)

      Delete

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