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Dow was just 8,000 to 9,000 when STI about 2,800 to 3,000.
Where is STI now compared to uncle Dow?
Mai kia… ish best time to slaughter kateks
Wherever you go, no matter what the weather, always bring your own sunshine
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(23-08-2022, 08:18 AM)p1acebo Wrote: Dow was just 8,000 to 9,000 when STI about 2,800 to 3,000.
Where is STI now compared to uncle Dow?
Mai kia… ish best time to slaughter kateks
It's a folly to use the past so mechanically to think of the future.
Between 1980 to 1996 Singapore Market massive outperform the DOW...year after year. People said US market is "mature market and Sjngapore, Malaysia are rising tigers. Then 1998 Asian crisis.
Such narrative that past performance is equal to future is flawed.
Because US perform well last 20yrs it became ingrained that it always perform better.
The Japanese Nikkei performed from 1960 to 1989 only to underperform for next 30yrs.
If anything the opposite tends to hold true. Markets that perform well for 20yrs tend to under perform in next 20....
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 23-08-2022, 08:41 AM by
sgbuffett.)
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My target buy level is DJ hit 20,000.
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Lots of noise each time market attempts to recover...but the problems remains the same and gets more serious.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Such a predictable market. Everything is down trend. Sell on open, buy at close. huat ah!!!
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today is Turning Point Date. Thus Market after falling over the past weeks....there is a 90% chance tonight or Monday is a Significant Bottom. a Rebound is soon Today Monday or latest Tues start liao.
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(23-09-2022, 01:37 PM)Sharexchange Wrote: today is Turning Point Date. Thus Market after falling over the past weeks....there is a 90% chance tonight or Monday is a Significant Bottom. a Rebound is soon Today Monday or latest Tues start liao.
EVEN if rebound is a deadcat....for traders maybe they want to play is okay.
But for long term players . .best to conserve bullets.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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covid and russian war has destroy the world economy
it is time for a reset
the next reset is nuclear war
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(23-09-2022, 01:39 PM)sgbuffett Wrote: EVEN if rebound is a deadcat....for traders maybe they want to play is okay.
But for long term players . .best to conserve bullets.
Talking nonsense
What you mean by long term?
Either you're already in the mkt or still on the sidelines
Waste my time teaching you
You really dun hv it
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