Dow below 13000 is on the way. Are you ready to short!!!

  • cheongwee.
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11 years 9 months ago #13239 by cheongwee.
Dear Peter lee
No one can tell the future, if i can, I will be god. But that does not means we cannot try forcast the future. The future is nothing but simply a series of action that lead to it realisation.
Now, my take is that STI hitting the ceiling at 3319 will now side way for maybe a few wks, and we would be seeing Dow hit an all new time high around 14300, maybe as high as 14400.
But during this time, mid and small cap maybe in distribution, so you might want to take these opportunity to trade and sell along the way before this rally ended in correction to 13000.
This base on my analysis with my data, scanner and chart.
may u be prepare for dow 13000.
the future is not abt CERTAINTIES, IT IS MORE ABOUT PROBABILITIES.
my
ay all be well.

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11 years 9 months ago - 11 years 9 months ago #13256 by cheongwee.
Last nite u see how the dow recover strongly from 125 to 40 plus, every dip ; as previous, side money come in.
So i think today we shd not sell, but wait, i know CNY holiday to hold thro is a risk. But the probabilities favour hold.
In fact, i bought more just now.
We very likely see a new high, u see ,dow yesterday, when down 100, there must be lot of shorting, thus when side money come in, shortist come in to cover, thus the reverse happen.
unless some big bad news come, nothing going to stop this bull form achieving a new high.
or we may not see a new high, unlikely, but correction will still be in even if dow did not hit all time high but come close to it.
I see correction is a sure thing, within the next wks , the most 2 to 3. i guess.
happy new year,
may u all be well and happy.
 
 
Last edit: 11 years 9 months ago by cheongwee..

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11 years 9 months ago - 11 years 9 months ago #13271 by cheongwee.
Dow 13000 for this correction, but dow 9500 later,
Value invester, scaring time is on the horizon, are you ready.
I am ready to short chinaminzhong and Ezion and sino grandness to their truth value.
we will see soon. within the next few quaters, not yrs, months away.
I will short till it is value for you to buy at low.
Hope you like it?
Last edit: 11 years 9 months ago by cheongwee..

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11 years 9 months ago #13273 by cheongwee.
Tonite dow 14000 again cross, value invester are all happy. so m i.
the higher the better for us to short later.
such is the mkt , to suck in more blood, so the floor will be darker red.
darker red blood of value invester not trader. Remember, trader will be out at their stop loss level.
I hate stubborn ppl ,they will pay for their folly soon.

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11 years 9 months ago - 11 years 9 months ago #13274 by cheongwee.
9500, what crap?? are you so sure??
no,no,no, i am not sure, the dow is.
that is the true value for money priniting. all the QE, 
9500 is cheap
Bob Prechter(EWI)  even worse, he said 6000!!!, but as a trader i cannot laugh because it is a figure to me.
remember i am a trader, 9500 or 6000, is a number i do not see value.
only fool see them.
this afternoon, i call to hold, was right, tonite dow soar, but CNY Monday if dow down will we miss an up.
I think the sti will open strongly on Tuesday, want to bet, anyone???
so many win , loss one time is ok.
Last edit: 11 years 9 months ago by cheongwee..

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