Dow below 13000 is on the way. Are you ready to short!!!

  • cheongwee.
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11 years 3 months ago - 11 years 3 months ago #13173 by cheongwee.
It is not how much you make when you are right. it is how much you lose when you are wrong.
Be greedy when other are fearful, and fearful when other are greedy.
Have a stop loss for all your vestment, to protect your profit from this rally, dont let mkt take it away so easily in 1 to 2 months.
trade penny, sell mid cap and long.
Fed did not win, they are sitting on hugh losses.
what they have are junk in their vault.
Last edit: 11 years 3 months ago by cheongwee..

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11 years 3 months ago #13174 by Val
Replied by Val on topic cheongwee, how can you be sure?
Dear Cheongwee: 

1. How come you write with overconfidence? Everything will happen as you say?

2. U are a trader/speculator, right?

3. U don't invest on fundamentals, right?

4. Can I recommend my friend as your broker? She would be happy to have active, heavy traders like you. 

5. The consensus view is, this year is going to be a bull market. Do you disagree?

6. If I hold nice counters with improving fundamentals, do I sell on short-term gains and hope they fall and then I buy back cheaper?

7. Are your views  shaped by the volatility of the recent years? Buy and hold didn't prove rewarding. Will it alwayys prove unrewarding? 

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11 years 3 months ago - 11 years 3 months ago #13182 by peter lee
 
 
Dear  Cheong Wee ,
can you explain to us the reasons why you recommend trading penny, selling mid cap  ?
thank you.
 
 
Last edit: 11 years 3 months ago by peter lee.

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  • cheongwee.
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11 years 3 months ago - 11 years 3 months ago #13195 by cheongwee.
Tonite you see red, and you are thinking, cheongwee is accurate, right?
maybe,
but mkt is all abt probabilities, not abt certainties.
And tonite fall would give rise a neww all time high, then the REAL CORRECTION will come.
that is mine analysis.
Peter lee
why sell mid cap and trade penny, i see penny will be play irrespective of mkt condition, maybe a knee jerk for a day or 2, but mid cap will follow the index, which ia down
but the real correction will come later, i think.
so u might conside buy th dip tomolo? buy the panic, sell the euphria
taht is the way to make money.
 
viviene
 
i m a trader, and i dont need any more broker, what better term than my broker can your friend offer me. We trade heavily day to day.
2013, 1st H bullish, maybe , 2nd H bearish 2014, bearish.
mkt is abt probabilities, not certainties, otherwise we will be god.
tonite my forcast come abt ,because my analysis probabilites is high.
tomolo u will see less value for your value investment.
2014, your value will become valueless.
you can start from level one again,
good luck,
 
Last edit: 11 years 3 months ago by cheongwee..

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  • cheongwee.
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11 years 3 months ago #13208 by cheongwee.
I must have heaven luck, or someone abv like me.
I was expecting a 1 to 2 punch blow and then we see a new all time high, never expect this crazy mkt to do down 100 over pts and then go back up so soon.
But i still forsee bad sign ahead, surface now all look good, just like i say,
the real correction to 13000 is still on the card, give and take a lag of 2 to 3 wks.
are you so sure? I m afraid i m not, if not i will be god.
mkt is not abt certainties, it is more abt porbabilities.
and the probabilities of a correction is great and shown in the inter mkt px action.
are you ready , do not be too exerburence after tonite, yes dow will soar to the new all time high, but the real horror show are abt to begin and coming to a threate near you.
may u be well.

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11 years 3 months ago #13217 by peter lee
Dear Cheong Wee ,

hope you can share with us the reason you think that
in 2013, 1st H bullish, maybe , 2nd H bearish
in 2014, bearish.

thank you

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