Welcome

First of all, welcome and thank you for visiting my blog... Here are a few things for you to ponder about... 1) Do you feel shy when posting your questions or comments on blogs because most people there are already experts? 2) Do you have problem finding or asking the most basic questions about the stock market? Well, you have reached the right blog... This is a blog for anyone who wants to learn more about the stock market. Particularly for beginers. However, some of you may find it too basic. However, I'm not here to teach or to lead... But as I have mentioned, this is a learning blog.... And learning is an ongoing process. So if you are patient enough and continue to stay with me, you will be able to see our progress as we share and learn more with each passing day. So if you have any questions or comments or suggestions, do feel free to post here. I will try to find the answers from other sources and experts elsewhere... And to those experts out there, please do drop by and give us comments and advices ya.. Thank you so much.. By the way, when you are free, you may visit another blog of mine that is about chinese tea culture... Do drop by and relax after a hard day of battle...

Wednesday, June 11, 2008

Correction Coming??

Hello, I personally think there should be a correction on tuesday.... to understand market correction, good to read this article again before proceeding.... hehe... :P

http://survivingstockmarket.blogspot.com/2007/10/volatility-vs-severe-acute-distribution.html

Now, why do i say there might be a correction? why would i think there will be one in the first place...
well, on Friday, actually on my side, i think our CI is moving on a healthy ­style­... so am really expecting a good day, at least at the early session on Monday.... but.... walau eh... on the friday night itself, the DJI made almost a 400 point drop.... this itself is severe enough to make any healing wound to burst.... so i personally think Monday's drop is not due to our intrinsic factor.... it is more of a intermarket effect... so this made me to believe tat a correction should have happened on tuesday...
unfortunately, the whole regional market decides to bleed some more.... when i look at our intraday CI movement, and compared it with our neighbours, i notice tat we are actually performing quite well. which leads me to believe that recovery is indeed in place, only might be stalled or masked.... so i am actually putting quite high expectations on wednesday... :)
and i do hope tat it will not let me down...

but let me emphasis again, i am not saying that there will be a major change in the trend, when i say recovery, it just means tat there should be an upmove or an up swing.... wether or not it is enough to make a trend change, will still depends....


Regards & Good luck!

15 comments:

stockname said...

Nolah, just beggining stage only, but u should hardly recommend my blog to people.

thanks a lot

peaceminded said...

Dear CK & all TA supporters , fart this flucker samgoss at www.samgang.blogspot.com

I have full details of idiot samgoss's personal infos, anyone interested please email to seanwong129@yahoo.com.

long live TA.

peaceminded said...

Personal infos of Idiot samgoss

Name : Lim TXXX TXXX

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If you ever see one 5 ft 9 spacky bugger driving a silver BMW 5 series with no plate WNX 2828,TA supporters , you should know what to do ^_^

Idiot sam, feel shaky now ? watch out from behind ..ok ?

If you want to know more , email me at seanwong129@yahoo.com.

levian said...

wow, your blogs are rather professional !! tea n stock market, impressive. i love your photographs of your "children". so adorable !! :D

RL said...

Hi Levian,
professional? no la... just simple blogs... hehe....

ya... my dearest children.... the white one is called Hobbitz, the brown one is called Tu Sze... :)

khoo88 said...
This post has been removed by the author.
khoo88 said...

Why our market so lousy one ? US, Europe and Japan up a lot the recent two days but our market did not follow and somemore dropped like shit instead. Arr.. a lot of ppl become "big tied crab" now. :(

RL said...

hi Khoo, some say it is because of politics, some say oil price.... i personally is a full 100% TA person, so my only reason is because our CI chart is in a pretty scary downtrend.... just hope it will be broken soon... :(

Mike said...

A nice writing topic this can really help my new eBook project I'll publish it very soon & I'll be happy to use some of your blog's tips in my Stock Market Analysis Website, Thanks.

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