Wednesday, 31 August 2011

bull? bear? mini bull? mini bear? bear in bull skin? bull in bear skin?

Sti raises by 93 pts today, various market also raises a lot these few days. Many seems to forgotten the instability in US and Europe.

Let's poll.Which is your choice?
  1. Last stretch of bull?
  2. Mini bull like mini mooncake?
  3. Bear in Bull skin?
  4. The last 500 pts drop for almost one weeks is bull in bear skin? Bull all the way till last high of 3800?
STI for today:

 STI for past 5 years


Musicwhiz said...

I can't predict the future. But all I can say is that this is very bad news. If an investor's aim is to acquire shares of well-run companies at good valuations, then he would much prefer doom and pessimism rather than exuberance and optimism.

Singapore Man Of Leisure said...

Hello OT,

Your STI 5 year chart looks interesting!

If we are buying the STI ETF or index, the only way to make serious money is to either:

1) Short the STI during 2007 or early 2008

2) Long the STI during early 2009

During other times, the STI merely flatlined...

Going back to your poll, I would answer (1) - its the last stretch of the Bull.

I've positioned myself that if it goes back to 3300, I make money. But if STI drops to 2400 or lower, I have the funds to take advantage of it :)

OT83 said...

Hi MW,

I agree with you. I also like to add more well-run companies at good valuations, but I am stuck with the pain of my past. I guess this exuberance is a good time for me to sell in strength and restart my portfolio.

Thanks for your answer. I guess you are well positioned for both directions. This can only be done if you have high internal strength which I guess you have super high internal strength. haha all the best!

AK71 said...

Hi OT,

Haha.. This post tickled me. I had a good laugh. :)

I am inclined to believe that it is a bear in bull skin. In the meantime, watch out for the cubs! ;p

Createwealth8888 said...

Learn to live with Bull and Bear.

Read? Bull, Bear and The Pyramid


Hello Traders,
Again the NIFTY has proved us right. Yesterday hit the high of 7601.80 & able to close above 7550.We booked heavy profit in our NIFTY & PSU banks call. Now for the coming week our technical team think some sort of consolidation in NIFTY & all stocks. So they believe trader can sell NIFTY around 7650-7700 with stop loss of 7800 for the target 7300-7200.We are giving small stop loss this time as NIFTY alreadyINDIAN , STOCK TIPS showed a very heavy rally last week so it should show some consolidation & sideways pattern till the next up move. Second factor is that some Indian data will be announced next week like inflation. Till then sell will be more safe strategy then the buy. For further updates you can visit our website.

Post a Comment