Saturday 24 November 2012

the stock market is such a dynamic and unpredictable animal.....but it follows certain patterns/rules......just when we thought the market is about to crash, it has rebound above the 200 dMA....which is why i would rather teach u how to read it rather than just TELL u what to do(which u will not learn anything).

Thursday 15 November 2012

watch out! the STI has dropped to below the 200 dMA at 2974.....Dow Jones below 200 dMA at 12 993 with little signs of recovering....this could be the start of a market correction. If the downtrend continues, STI could hit 2700 in a matter of weeks. i am not joking....

http://stockcharts.com/h-sc/ui?s=$sti

my investing rules are very simple, when price rise above 20 dMA..i buy(sell when price starts to lose upward momentum and drop or price cut 20 dMA again)...when price drops below 20 dMA i short. if u can follow this principle/rules rigorously, u are very likely to make $$$$ in the stock market. Try it. Back test it. (http://millionaire-investors.blogspot.sg/p/technical.html). These investing principles has been tested time and again and works for both equities(stocks) and commodities(Gold, Silver and other metals..even oil)


the silver lining over the storm is Gold and Silver has rebounded from the 200 dMA while Dow Jones just crash through it.

http://stockcharts.com/h-sc/ui?s=%24SILVER
With US money printing, US dollar is set for devaluation and inflation likely to rise.

I do look at fundamentals of the stocks and read news BUT decision to buy/sell is always made using Moving averages(Technical analysis)....Reason being that news are often late and news are manipulated(to make us buy high and sell low)....U get rich by Buy low, Sell high...if u have yet to figure it out.........Stock market is a manipulated market....