DBS breaks 52WH @ $31.74 next week?
Posts
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
3 weeks ago
CW,
ReplyDeleteWell, it doesn't matter for Buy-and-Hold and/or Passive "investors" ;)
Its not as if they will take any actions if STI break 3407...
But for rounds 1, 2, 3 traders like you, well, it matters!
Those who buy on breakouts may add more - hoping STI will hit 3600, and 3800 next!
Those who sell on the rip will take profit and wait for the next dip... (Its a trade, not an investment!)
For every buyer, there's a seller; and vice versa.
Somebody wins; somebody loses.
Brokers and SGX just collect toll for the win! (Eat grass if everyone just Buy-and-Hold)
May be some kopi or CAI fan coming soon to take off the table. :-)
DeleteUncle8888,
ReplyDeleteHere's hoping STI will take out 3,400 soon, then 3,600 ... coz that will mean global economy booming LOL.
The day STI crosses above 4,000 I'll uncork a Macallan 18 yr scotch that's been gathering dust in my storeroom. :P
It will be big celebration for zombie investors in zombie SG market!
DeleteDBS new ATH :-)
ReplyDelete