BEAR MARKET LAI LIAO LAH !

[DukeCS33]

Dow has erased a 350 point gain. NASDAQ is even worse. Falling knives are everywhere including perennial favourites such as Nvidia, Amazon, Facebook, Baba..... Too early to buy.....yet.

Weis wave volume count on SP500 futures is still pointing to overall bearish sentiments. In comparison, this bearish wave count is larger than bullish wave count on 17 Oct. Under such a situation, I think it is still not time to catch a bottom. A safer way to play this is to await a bounce and a retest of the most recent low before one can conclude that the worst of the sell off is over.... and even after such a failed retest of the downside, we may get sideways action.


If I look at the market breadth and depth in overnight trading, we have advance to decline in S&P 500 component stocks almost on par; volume is again above average... so in a sense, there is not that indiscriminate selling across the board. I think this week should have a bounce to test upside but I am not sure if it may sustain.

 

[roflolmao]

STI song song break 3k point...
2.7k coming?

Sent from Xiaomi REDMI NOTE 5A PRIME using GAGT

I'm looking at 2.5k

 

[SBC]

DJ down 245 points again.

 

[hachi]

I'm looking at 2.5k

Less than 2k possible within 6 months?

 

[hachi]

DJ down 245 points again.

Still 3 digits, no impact.

 

[hachi]

Possible to pull threads related to 2009 crisis? Tmeline Mar 2009. I wanna see the sentiments during that time?
I only know 30%-40% of the cars gone from my mscp.

 

[5star_pundit]

lucky today all up up all the way

 

[Trader11]

lucky today all up up all the way

LOL it's going down. Good luck with the optimism.

Disclosure: I hold shorts

 

[SBC]

LOL it's going down. Good luck with the optimism.

Disclosure: I hold shorts

Shorts via CFD?

 

[weng0202]

Less than 2k possible within 6 months?

Less than 2k must be something serious. I think unlikely. 2500 got chance.

 

[Mergui219067]

The ‘experts’ here believe they can ‘predict’ the bottom / more sinking by some chartings / drawings .

Earthquake ‘experts’ are good in the ‘analysis’ after the earthquakes happened .

I remember Bloomberg/ Businessweek during the GFC showed a 2-page doomsday chart , predicting more crashes when it turned / reversed since .

 

[Mecisteus]

Alot of people will miss the boat when the market rebound strongly.

Safest approach is to spread your purchases.

 

[peterchan75]

If we fall back to the STI chart, the previous peak was in April 2015 and bottom in January 2016. This year, STI peak in April too. The rate of decline is about the same. But that does not mean that it will bottom at 2600.

 

[BeHappyLo]

The ‘experts’ here believe they can ‘predict’ the bottom / more sinking by some chartings / drawings .

Earthquake ‘experts’ are good in the ‘analysis’ after the earthquakes happened .

I remember Bloomberg/ Businessweek during the GFC showed a 2-page doomsday chart , predicting more crashes when it turned / reversed since .

why then are u wasting your life visiting us???

 

[Mergui219067]

To laugh at threads like ‘ 2018 will be a fantastic year ‘ / ‘ Bear Market Lai Liao ‘ .

We all need some free humour.

why then are u wasting your life visiting us???

 

[BeHappyLo]

To laugh at threads like ‘ 2018 will be a fantastic year ‘ .

Sinkies need some free humour.

kiddo…….sit in your little corner and talk to yourself……………………only kiddos write like u………adults here dun appreciate kid's talk or writing.

 

[limster]

next 2 stops for me are
70k at sti2913
90k at sti2731

hoping for them to come

I go by STI ETF price and i don't think I can buy 70k 1 shot, i need to spread out my purchases.


______________Deploy 1/3 of warchest_____
2.99-2.90
2.89-2.80
______________Deploy 1/3 of warchest
2.79-2.70
2.69-2.60
2.59-2.50
_____________ Deploy last 1/3 of warchest_______
2.49-2.40
2.39-2.30
2.29-2.20
______________Start using CPF-SA/ sell my gold bars?_____________
2.19 and down

 

[popdod]

Alot of people will miss the boat when the market rebound strongly.

Safest approach is to spread your purchases.

Rebound shd come in November. \o/ \o/

 

[Mergui219067]

Kids trying hard with these threads ,believe they can ‘predict‘ & plot their way to riches looking at the past patterns.

kiddo…….sit in your little corner and .

 

[madtari]

That also doesn't mean it will necessary bounce back in Jan 2019. Lol.

If we fall back to the STI chart, the previous peak was in April 2015 and bottom in January 2016. This year, STI peak in April too. The rate of decline is about the same. But that does not mean that it will bottom at 2600.