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...
10 months 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