come on, give me 1800

i can access the homepage.

So Bill Gates is after all a real genius. Although whenever he sits side by side with Steve Jobs and Warren Buffet, they always steal the spotlights from him. What to do, he speaks like a nerd, and looks like a nerd, he is boring.

OPEC (should say Saudis) has the most un-creative strategic team in the world, I can't recall seeing them doing any creative plan on fighting with oil business. Saudi has no businessmen?

It's not gonna work as they wish. Because shale is just too easy to come back, the technology allows them to abandon the facilities when oil price unfavorable, but can anytime reopen with minimum effort when oil price become favorable. And for Russia, well, if Saudi pushes too hard until Russia economy dying, that can only trigger a suicide war for the Saudi. US might probably just sit and watch the show.

Is it another dead cat bounce?

yes....sold some past few days and today, now wait to buy back at lower....please go back 2200, then deeper to 1800...

if it could hold well by end of this week, and no shocking news in coming weeks, perhaps we had already met our bottom last week (of 2191)?

This post has been edited by yok70: Mar 31 2020, 06:34 AM

Like you always said, we are dominated by robot traders nowadays. A very different game to play now, everything accelerate 10 times maybe.

This post has been edited by yok70: Mar 31 2020, 11:34 AM

Yes! Another -10% come come!

looks like market likes trump's oil talk very much (for today).
guess today won't have any fireworks to see.
can go watch tv already.

really? it seems mild to me, looks like another boring day. time to go watch tv.

yes, i still see strong bulls supporting the market. if bears unable to take it down by end of this month, we may actually met our bottom 2 weeks ago, and the bottoming process has been happening quietly. Unless, of course, Trump did something crazy again. I still don't see any major damage to the economy by the covid-19, mainly because its damage is not unpredictable. Financials are still strong and stable, "essential large companies" are still strong although profit will be delay for 3 to 4 quarters if not 2 to 3 quarters. Small or weak companies may not survive, yes, but this may not be a bad thing. It will accelerate the process of M&A and business integrations. Later, market will be more neat, although less competitions mean less pricing power for consumers, but i don't think the situation can turn severe. I'm expecting some revisits to recent lows maybe a few times before the bull returns. Just wild guess lah! I'm always very bad at TA

This post has been edited by yok70: Apr 4 2020, 06:16 AM

thanks for your advice.

i still trade sometimes, not only buy for long term. so the big swings are good for trading short term, target at 10%-15% swing.

however, my 75% stocks still holding. i'm only playing with the 25% cash on short term trading. i'm still a Buffet supporter.

Buffet is right about trading. If we don't hold, if we only follow TA to buy in, we'll miss the huge portion of the rebound. ie in current market. if we only buy after bullish indicator hit, we'll probably buy above 2800. That case, if the bottom is 1800, we'll miss 55% gap on profit. If the mid term peak is 3500, we'll be missing a 55% for a 25%.

This post has been edited by yok70: Apr 5 2020, 01:04 AM

Yes, I only buy those target for long term stocks. And i also only trade (short term) on the same bags of stocks that targeting long term (double protection ).
Thanks for your advice

This post has been edited by yok70: Apr 5 2020, 09:03 PM

I understand. Good luck for us and everyone! Every bear market is scary, as they always said.
I still wish we can meet 1800 region in this round of bear market.

This post has been edited by yok70: Apr 6 2020, 01:00 AM

oh boy....bull today....

need to stay there for at least two weeks in order to confirm bull has return, i guess.

This post has been edited by yok70: Apr 7 2020, 12:01 AM