so i just came across additional info Trump's Europe travel ban
with that, the chances for dow jone bleed will be even higher..
anyway, still let's see if tomolo dow jone closed with bleeding > 2%

well well well, my 2nd prediction came true..
so 18k coming soon, again depending on human course of action
its well be an interesting weekend.. lets see how potus handle the situation

no right or wrong as long as your action give u piece of mind

i do believe its not reaching bottom yet.

with whats going on and action taken by the us,
high chances the dow will touch 20k then 18k

imo

as i said in most of my replies,
the drop is yet to bottom down as per my knowledge on whats happening in the us

I don't think the effect of the virus peak yet.
And let's not forget the crude oil price war

I'm still waiting mode.. seems like the dow is hanging on its 20k point. Had to see what is us and potus respond.

Also allocated certain % for buying some bank and reit for dividend investing in bursa. Also in waiting mode

haha.. the dow is hanging real tight on the 20k mark

as of now as per available information on hand, imo i think the bottom will be at 16k

haha.. i guess mine will drop to -10% after the nav updated

All those stimulus are having negative impact tho
As there's no viable solution, it will be hard to convince investor/trader to buy in now

Let's not forget they, meaning investor/trader/financial institutions/fund manager etc are also hopping to buy in low.
Meaning, most of them will be hoarding cash hard.

As for the vaccine, reporting starting human trial. Afaik, it will take at least 12m for public usage.

So imo, slight recovery from big fall yes.
But the trend will be downtrend

Just my opinion based on currently available information

well, i am a trader in stock market as well so analysing the trend is part of what i do daily so im ok with thinking, predicting, anticipating

as long as what you do give you piece of mind, go ahead.
there's no right or wrong as long as you profit from the market, big or small is the differences

i think his port started at least on 2013

thats's why some ppl said
time in market > timing in market

if started 2013, then its during bull market
lasted for like 4 years, until late 2017 if im not mistaken

lets see if tonight the dow will close <20k

although it will depend on what will the potus and his team do

*side note, the crude oil price also plumbing hard

This post has been edited by xcxa23: Mar 18 2020, 09:42 PM

20k point breached and so
next support point 18k and 16k

judging by all quarantine movement worldwide, probably it will peak in two weeks and if so, 16k will be it lowest point.

imo, 16k will be the lowest, based on my calculation logically
potus said no to lockdown and crude oil <20, expecting it to hit <15 if saudi really do ramp up production on april


i remember when it hit 26k point, was at discussion with colleagues and they said its time to buy more its low enough but i said i am not buying now, still collecting bullet, its not low enough, it will drop more especially if the dow breach 24k mark but of cos
all of them said impossible and start laughing at my ''stupidity'' so i tried to explain the reason but they dont believe and some of the older colleagues quite sarcastically said i am young, dont talk so big/loud, this will cause me to loss opportunities.

so i still yet to pump money to the market. while they as of last week, they mentioned they out of bullet

either way
it will end up the dow in downtrend, further pushing it towards 16k point

investor still panic selling due to he in denial mode
if the situation worsen, another wave of selling mode

TA with human/investor psychology analysis


side note, US fed kicking off ''unlimited QE" rescue
let's see if this will helps much
probably will help the dow falling below 18k for the short term

imo, the unlimited QE will not push the market to shoot up but rather stabilising it from big fall. personally was hopping it will drop to 12k but as of now, it's not possible.

16k would be more realistic, given current situation with current available info

not really. imo it will helps preventing further fall rather than pushing it up

This post has been edited by xcxa23: Mar 24 2020, 08:42 AM

with the fed basically saying to the market
you got how many unit/share sell, i will buy it at any cost (printing money)

if the fed really do as what they said, imo the dow wont drop significantly
some might say the fed will push the market up but imo they will just holding on the fortress, not letting it drop significantly

with the FED unlimited QE intervention
the dow are hanging tight on the 20k mark

i already deployed my bullet last two days

if im not mistaken, it did touch 18k?
and then the announcement and confirmation of the unlimited QE and 2++ trillion aid
so the 16k mark is hard to hit with gov and fed intervene

anyhow,
as i mentioned b4, my prediction/assumption are based on human action with TA
as of now, strong support on the 20k mark

personally hopping it will touch 14k by april cos i will use my fd to all in
did not expect the fed and gov will take action so fast

wow so good of you, remembering my post
tbh, i dont remember most the post here

anyhow
as i mention in the post, my assumption/prediction is based my available info at the time

still im bit surprise that the dow pass the 20k so fast. was expecting it will linger at 20k for a week or so

This post has been edited by xcxa23: Mar 27 2020, 12:15 PM