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Dow Jones just lost the support, and it is all Greece’s fault. If there is no rebound, then traders would have an enjoyable Friday enjoying the sun, the sand, and the sea. To short when market is already oversold is high risk, but to long, there is no bullish candle seen. Unless you want to […]

Looking at the bunch of charts, only thing worth looking is KepCorp but no reversal seen yet. I am short term (in days) small bull but am a patient bear waiting for the signal to stretch. Once Europe sneeze again, the cards will tumble. Therefore, we are in no news is good news situation. And […]

This is a live recording done during the Non Farm Payroll announcement. This YouTube is quite lengthy as it records almost the entire webinar that was held, and the participants watched as Dow Jones reacted right from the NFP announcements till the start of the sell-down. Now with NFP report out of the way, does […]

On Friday night at 8:30pm SG time, will be the much awaited Non Farm Payroll report. Would it be a market breaker or market cheongster? We shall see. Until then, stay cautious. I am still a patient bear.

This week is a low volume quiet shortened week due to Labor day holidays. All eyes are now watching this Friday Non-Farm Payroll report. Until then, market can just float higher. Therefore watch your stop loss if you have any position. It should start to get exciting next week. I am so looking forward to […]

as market is whipsawing. Yesterday Dow drop a lot, now swing up a lot. Basically market trying to decide which direction it wants to go. With Apple Inc and FOMC results coming out later and tomorrow, market is going to move within a range. Currently, market is “hoping” uncle Ben will say something about QE3 […]