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Markets Update – Sell and Go Away in May?
Just to put up a very short post following up on my last post on the point of reckoning. I think it is more and more apparent that most markets will be heading down for a time being. Some famous economist say that things will get worse. Roubini is his name i think. Well, will [...]
Analyst Reports 20: Point of Reckoning
Image by bass_nroll via Flickr As a follow-up to my 2 last posts, I’ve decided to do some charting today because it does seem that we have reached a point of reckoning for most markets. It’s amazing to see STI keep climbing up without Respite and Despite negative news. Even on recent Tuesday, STI closed [...]
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 18: Expect the Unexpected?
Image via Wikipedia I find this utterly disgusting. In my last Analyst Report, I have mentioned that most of the markets were supported at that time of posting. The next day, it broke the support by a few points. At that time, I felt pretty lousy, thinking that it must be really bad for the [...]
