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Analyst Reports 19: Bear Rally, Whipsaw and the likes
Image via Wikipedia In my last post, i mentioned about expecting the unexpected and that i was expecting a pullback. It does seem that I was right on both counts. (But to put a caution to the previous statement, almost everything can be right on hindsight, just depending on the timeframe). 1) STI did pullback [...]
Analyst Reports 6 – Trying to Bottom?
In my last blogpost on Analyst Reports 5, I was contemplating whether the steep climb in the stock markets around the world was a bear rally. In this post, I’d still haven’t reached that conclusion but reading from the charts, my thoughts were confirmed that the supports will be confirmed soon for some markets. For [...]
Analyst Reports 5 – Market Recovery or Bear Rally?
In the recent weeks, the markets especially the Asian bourses have chalked up pretty fair gains. Some say that the bear market is over and that October was a bottom. Other say that it is a bear rally. I tend to believe the latter. I would be more comfortable once any of the the following [...]
SIA TA Chart – 14/10/2008
After many waves of selling due to the credit crisis (can you imagine the country of Iceland has gone bankrupt!), governments around the world has coordinated some moves to save the economy. Investors are going through a buying phase though it might not last long. Downtrends of most markets are still firm and selling pressure [...]
