everyone wants to make money but few wants to do homework...
Much written in my blog, "Brave The Changes", dated 3rd March, has unfolded and is still progressing
Stock contagion began in mid-March and mothballed into an avalanche recently
A multitude of reasons caused this downswing, the key factor being tariffs/protectionism
But, the writings were in the charts; a tool some laughed at while others dismissed as unreliable
In my minute world, the charts are an aggregate of mass psychology ~ herd instincts and responses
Like the pendulum, equilibrium returns after space are spared and time has lapsed
The capital market is an imbalance, imperfect market ~ the tug of war between believers and doubters, stirrers and provocateurs, with 'manipulators' in tow
Over valued markets make way for fair and under-valued ones ~ the smart money smell their way to safer heaven
It's very difficult to predict when the next recession or stock market crash will come. Don't despair amid the inevitable setbacks, especially during a crisis in the market.
You are as brave as you are not geared; only invest your excess funds
In the house of cards, nobody survive after the collapse
When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research and analysis before making any investment decisions - Benjamin Franklin
Never plunge in blindly into any investments - you save 100% if you never participate
It's not whether you're right or wrong that's important, but how
much money you make when you're right and how much you lose when you're
wrong - George Soros ~ Cutting loss is as important as riding the profit(able) uptrend
52 Weeks High/Low - Index
DJIA 45,073/36,611
S&P 500 6,147/4,835
Nasdaq 20,204/14,784
Nikkei 42,426/30,792
ASX 8,615/7,169
FTSE 8,909/7,544
STI 4,005/3,136
HSI 24,874/16,044
FTSE Bursa 1,684/1,453
IDX Indon 7,910/5,882
SZ Index 11,864/7,908
Crystalball Gazing
There will be short term rebound and for those who have been, or dares, bottom fishing. There will be meaningful profits - nobody goes broke by taking profits - markets reward those who are prepared and brave. Turbulence are trading opportunities [long or short]
It is not surprising to see (if) the market testing the recent lows after the rebound. When sense and level-mindedness return, market recovers into 3Qtr. Mid-August & September will be another testing moments (total lunar eclipse)
Do your own homework and assessments. It is not difficult to pick winners but it is easier to loss yourself in the noise, gossips and speculations
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas - Paul Samuelson
