She dipped to a low of $42841 and that was on 28 Feb 2021.
My answer to your question is YES, I would have bought.
In fact I tried to. But was refused by IG. That was how I came to know that IG has stopped allowing LONGs.
I didnt add more LONGs in my DEMO becoz IG had stopped taking LONGs by then. SHORTs...IG is still allowing. 
But crazy to SHORT a rocket which is blasting off to the Moon first and then to Mars next. 
My answer to your question is YES, I would have bought.
In fact I tried to. But was refused by IG. That was how I came to know that IG has stopped allowing LONGs.
I didnt add more LONGs in my DEMO becoz IG had stopped taking LONGs by then. SHORTs...IG is still allowing. 
But crazy to SHORT a rocket which is blasting off to the Moon first and then to Mars next. 
bystander1965 ( Date: 14-Mar-2021 11:00) Posted:
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Ok then my question is would you have bought at the 40-44k region when it tumbled there? I am asking because in your demo you didn' t. 

wavehunter ( Date: 14-Mar-2021 10:44) Posted:
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Even though Bitcoin has hit a HIGH of 61680, if IG allows LONGs, I will still go for it.
But I will wait for her next dip to come and go to make the trade.
I believe that many institutions are doing the same - waiting for the next dip to end to jump in.
Bitcoin' s meteoric from $1.00 to $30,000 took a long time.
The next $30,000 rise from $30,001 to $60,000 was achieved within a much shorter time.
And the 3rd $30,000 rise from $60,001 to $90,000 will be achieved in an even shorter time.
Reason : More and more institutions have decided to jump onto this bandwagon in spite of all the reservations surrounding Bitcoin.
Strike when the iron is hot. Make hay while the sun shines. Those who are early will still get to make money. It is only those who
are late will be caught high and dry when the bubble burst. Now, JP Morgan' s prediction of $146k for Bitcoin is starting to sound 
not so crazy afterall. 

https://www.bloomberg.com/news/articles/2021-01-05/jpmorgan-sees-146-000-plus-bitcoin-price-as-long-term-target
But I will wait for her next dip to come and go to make the trade.
I believe that many institutions are doing the same - waiting for the next dip to end to jump in.
Bitcoin' s meteoric from $1.00 to $30,000 took a long time.
The next $30,000 rise from $30,001 to $60,000 was achieved within a much shorter time.
And the 3rd $30,000 rise from $60,001 to $90,000 will be achieved in an even shorter time.
Reason : More and more institutions have decided to jump onto this bandwagon in spite of all the reservations surrounding Bitcoin.
Strike when the iron is hot. Make hay while the sun shines. Those who are early will still get to make money. It is only those who
are late will be caught high and dry when the bubble burst. Now, JP Morgan' s prediction of $146k for Bitcoin is starting to sound 
not so crazy afterall. 

https://www.bloomberg.com/news/articles/2021-01-05/jpmorgan-sees-146-000-plus-bitcoin-price-as-long-term-target
I don't mean they send the troops in. Just need to create enough tension. Maybe a civil war.
There have been many instances they work in the BG. Though no direct proof. SA comes to mind.
I just think to protect their no 1 position they will do anything. In their minds if they drop to #2 that's the end for them. To a larger extent that may be true. They can do what they do now printing money etc precisely because everyone wants the green bags. Once that's no longer the case...
Trump actually did whatever the other presidents would do. He just did it with no finesse. Just did it openly. Something like what can u do to me kind of attitude.
wavehunter ( Date: 14-Mar-2021 10:39) Posted:
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My chart says BUY ZONE at 40000 to 44000.
The question should be - if I had bought at 44000, would I have held on when it fell to just above 40000?
Probably yes. Becoz I have been watching her for some time and from my DEMO trades, the moral of the story I learnt was
" DONT SHORT. JUST LONG AND HOLD" . My 1.5 contracts currently in the money.... they were down some 15k at one point
in time after I opened them. 
The question should be - if I had bought at 44000, would I have held on when it fell to just above 40000?
Probably yes. Becoz I have been watching her for some time and from my DEMO trades, the moral of the story I learnt was
" DONT SHORT. JUST LONG AND HOLD" . My 1.5 contracts currently in the money.... they were down some 15k at one point
in time after I opened them. 
bystander1965 ( Date: 14-Mar-2021 10:36) Posted:
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Bro Bystander,
Interfere in Myanmar to keep China busy and distracted so that she cannot surpass the US as the No.1 Economic Power is one thing.
But to risk war between two superpowers is quite another thing.
Remember India and China had border clashes recently?
In one of them, more than 20 Indian soldiers died.
But if such a border clash occurs between US and Chinese troops along the Myanmar-China border, it wont be a good thing for regional stability. 
Biden wont want to be another Nixon and be embralled in another Vietnam War scenario which ended in American troops withdrawing in defeat. 
To date, Vietnam is the only country in the world which has won a war with the US. 
Interfere in Myanmar to keep China busy and distracted so that she cannot surpass the US as the No.1 Economic Power is one thing.
But to risk war between two superpowers is quite another thing.
Remember India and China had border clashes recently?
In one of them, more than 20 Indian soldiers died.
But if such a border clash occurs between US and Chinese troops along the Myanmar-China border, it wont be a good thing for regional stability. 
Biden wont want to be another Nixon and be embralled in another Vietnam War scenario which ended in American troops withdrawing in defeat. 
To date, Vietnam is the only country in the world which has won a war with the US. 
But are you sure you would have held on to it when it tumbled to 44k?

wavehunter ( Date: 14-Mar-2021 10:17) Posted:
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Sunday morning musing ...
China has a 1 belt 1 road initiatives, to export their extra human capacity/resources but US has a similar thing going on for decades already - 1 war 1 fire.
Create tension/chaos everywhere. Station the troops there in the name of " protecting you" . So, pay up your " protection money" .
So help them feed their extra war resources, the army.
Create conflicts/wars somewhere, bomb the place and use up all their old inventory. The rest of the world (at least some countries) picks up the tab.
Good eh?
This SEA region has not be strategically very important to US as far as those tactics are concerned, IMHO. That' s why they don' t interfere so much cause mei tian tou. No oil nothing.
But this time maybe there is a difference. Myammar has a very long border with China. Create an Iraq there in the back or front of China. China sure will have a busy time to handle that. Pretty much like Korean war.
Hmmm.... Kekeke.
Ok. Go back to my Sunday.
Happy Sunday.
 
China has a 1 belt 1 road initiatives, to export their extra human capacity/resources but US has a similar thing going on for decades already - 1 war 1 fire.
Create tension/chaos everywhere. Station the troops there in the name of " protecting you" . So, pay up your " protection money" .
So help them feed their extra war resources, the army.Create conflicts/wars somewhere, bomb the place and use up all their old inventory. The rest of the world (at least some countries) picks up the tab.
Good eh?
This SEA region has not be strategically very important to US as far as those tactics are concerned, IMHO. That' s why they don' t interfere so much cause mei tian tou. No oil nothing.
But this time maybe there is a difference. Myammar has a very long border with China. Create an Iraq there in the back or front of China. China sure will have a busy time to handle that. Pretty much like Korean war.
Hmmm.... Kekeke.
Ok. Go back to my Sunday.
Happy Sunday.
 
bystander1965 ( Date: 12-Mar-2021 16:49) Posted:
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High .....$61680 and still rising.
Wasted IG dont allow me to LONG.
 
wavehunter ( Date: 25-Feb-2021 14:43) Posted:
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But then again, probably not.
Coz their England is clearly at different levels.
This lizard... he writes well. Probably a graduate. Not surprising even if he has a Masters or Doctorate or in the course of getting one.
My nephew... he doesnt write as well. But it doesnt matter so long as he has a good heart... is sincere... is genuine... and respectful
and courteous to everyone here. 
Coz their England is clearly at different levels.
This lizard... he writes well. Probably a graduate. Not surprising even if he has a Masters or Doctorate or in the course of getting one.
My nephew... he doesnt write as well. But it doesnt matter so long as he has a good heart... is sincere... is genuine... and respectful
and courteous to everyone here. 
TikTalk ( Date: 13-Mar-2021 16:59) Posted:
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More lockdowns... repeated lockdowns... more new infections... more deaths... more new variants of the virus... more instances 
of  adverse side effects from vaccines... more instances of asymptomatic cases... more instances of community cases.. more
instances of false negative testing... etc etc etc.
All this... ladies and gentlemen... are totally irrelevant to the stock markets all around the world. 
Becoz over the last 12 months, not one... I repeat...not one stock market in the world has fallen becoz of any one or two or
any combination of the above factors. Not one. So why bother with such news anymore? The only co-relation I can see
between number of new infections/number of new deaths and Dow Jones Industrial Index is that both are making New Highs
in a race to the top. 
of  adverse side effects from vaccines... more instances of asymptomatic cases... more instances of community cases.. more
instances of false negative testing... etc etc etc.
All this... ladies and gentlemen... are totally irrelevant to the stock markets all around the world. 
Becoz over the last 12 months, not one... I repeat...not one stock market in the world has fallen becoz of any one or two or
any combination of the above factors. Not one. So why bother with such news anymore? The only co-relation I can see
between number of new infections/number of new deaths and Dow Jones Industrial Index is that both are making New Highs
in a race to the top. 
CheeryVGoh ( Date: 13-Mar-2021 18:27) Posted:
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Aiyoh not like that but hug hug Koala lah  

wavehunter ( Date: 13-Mar-2021 15:06) Posted:
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https://www.cnbc.com/2021/03/12/germany-declares-a-covid-third-wave-has-begun-italy-set-for-easter-lockdown.html#:~:text=LONDON%20%E2%80%94%20The%20head%20of%20Germany' s,as%20many%20adults%20as%20possible.
The one who vomitted one day and drink beer the next day?
wavehunter ( Date: 13-Mar-2021 16:34) Posted:
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Haha, see next weekend as free to write another story.
wavehunter ( Date: 13-Mar-2021 15:00) Posted:
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Weekend free write long story.

bystander1965 ( Date: 13-Mar-2021 14:34) Posted:
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Skarly this lizard is my nephew.    
Who has since graduated from being a lizard to a regular contributor.
Anyway, his description of how Dow moved is apt.
.
Dear Uncle Wave,
I' m a young lizard who has been following your thread since last year. I' ve found comments from you and most of your thread followers very informative and useful. Many of us missed the blind rally from March 20 lows till date. Every time when the market seemed like it is going to u-turn, it reversed course suddenly and took an even larger step forward. This election-followed-immediately-a-vaccine rally is almost pushing DOW to all-time record high. Like you' ve earlier mentioned, we will never know when the music would stop. But then every time when the DOW is going to reverse, it will be followed up with some positive news which makes the market excited again. I do not know whether it is coincidence or intentional, though it seems like the latter. Moving forward, more vaccine final trial results should be coming up in weeks. Looks like there isn' t any sign of the rally abating, unless of course in an unlikely event if FDA approval fails to go through. Like every time we wait for a decent pullback, it just doesn' t come and it went even higher instead and never come back. In my mind, I knew this was against fundamentals, so I kept hesitating to buy and as a result might be missing the ship for good. Then again if I press the buy button, I' m worried it might become a FOMO trap. I' m mainly a buy-and-hold investor with currently 100% cash looking to redeploy into SG equities. Stocks I' m interested at are mainly mapletree reits and capland reits, including the parent company capitaland which are heavily discussed in your thread. With this sort of rapid vaccine development coupled with an ongoing steep recession and increasing cases, do you still foresee a decent market pullback near-term? I' ve not been through the stock market in a recessionary period of this magnitude. I also read that this current market movement totally derails from historical patterns in similar recessions, hence I' m unsure whether the timeframe between now and the next vaccine news would be good to progressively enter the market. Would be glad to hear your experience & views with regards to my concerns, if you could share. Many thanks.

Who has since graduated from being a lizard to a regular contributor.
Anyway, his description of how Dow moved is apt.
.
Dear Uncle Wave,
I' m a young lizard who has been following your thread since last year. I' ve found comments from you and most of your thread followers very informative and useful. Many of us missed the blind rally from March 20 lows till date. Every time when the market seemed like it is going to u-turn, it reversed course suddenly and took an even larger step forward. This election-followed-immediately-a-vaccine rally is almost pushing DOW to all-time record high. Like you' ve earlier mentioned, we will never know when the music would stop. But then every time when the DOW is going to reverse, it will be followed up with some positive news which makes the market excited again. I do not know whether it is coincidence or intentional, though it seems like the latter. Moving forward, more vaccine final trial results should be coming up in weeks. Looks like there isn' t any sign of the rally abating, unless of course in an unlikely event if FDA approval fails to go through. Like every time we wait for a decent pullback, it just doesn' t come and it went even higher instead and never come back. In my mind, I knew this was against fundamentals, so I kept hesitating to buy and as a result might be missing the ship for good. Then again if I press the buy button, I' m worried it might become a FOMO trap. I' m mainly a buy-and-hold investor with currently 100% cash looking to redeploy into SG equities. Stocks I' m interested at are mainly mapletree reits and capland reits, including the parent company capitaland which are heavily discussed in your thread. With this sort of rapid vaccine development coupled with an ongoing steep recession and increasing cases, do you still foresee a decent market pullback near-term? I' ve not been through the stock market in a recessionary period of this magnitude. I also read that this current market movement totally derails from historical patterns in similar recessions, hence I' m unsure whether the timeframe between now and the next vaccine news would be good to progressively enter the market. Would be glad to hear your experience & views with regards to my concerns, if you could share. Many thanks.
TikTalk ( Date: 13-Mar-2021 16:08) Posted:
|
Bro Westlake,
I bought another foldable bicycle. This is how it looks like.
.

Bought from Qoo at $205 after discount. It came with lots of freebies. The nice seller is very customer-service oriented.
When I asked him to throw in an extra pair of foldable pedals for my other bike, he obliged me and said " Goodwill" . And then
handed me a bicycle lock as well !!! Freebies which came with the bike are a nylon basket, air pump, multi-tool which looks
like a Swiss knife, front and rear lights including batteries and bottle carrier. I did look around physical shops. The next cheapest
price I could find was $268. No freebies some more. After that, it was $548 from Rodalink !!! No freebies too. So I know this is
a good deal. Lovely One posted at her FB and now can hear people asking where to buy.   
.

When placed side by side unfolded they look like twins.
.


Last nite went cycling at this place.
.

.

Decided to get another bike after lots of frustrating experiences to look for rental bikes at various locations.
In 3 out of 4 locations, not one rental bike was available.
Then in one of those 4 locations, there were 9 rental bikes all parked together but none was working !!! 
So I told myself to buy another bike and my problem will be solved.   
Tonite we go Pasir Ris Park.
If anyone reading this happen to see me, dont come and ask me are you so and so hor.
Wait I do this to you......   
Followed by this.   
I bought another foldable bicycle. This is how it looks like.
.

Bought from Qoo at $205 after discount. It came with lots of freebies. The nice seller is very customer-service oriented.
When I asked him to throw in an extra pair of foldable pedals for my other bike, he obliged me and said " Goodwill" . And then
handed me a bicycle lock as well !!! Freebies which came with the bike are a nylon basket, air pump, multi-tool which looks
like a Swiss knife, front and rear lights including batteries and bottle carrier. I did look around physical shops. The next cheapest
price I could find was $268. No freebies some more. After that, it was $548 from Rodalink !!! No freebies too. So I know this is
a good deal. Lovely One posted at her FB and now can hear people asking where to buy.   

.

When placed side by side unfolded they look like twins.
.


Last nite went cycling at this place.
.

.

Decided to get another bike after lots of frustrating experiences to look for rental bikes at various locations.
In 3 out of 4 locations, not one rental bike was available.
Then in one of those 4 locations, there were 9 rental bikes all parked together but none was working !!! 

So I told myself to buy another bike and my problem will be solved.   

Tonite we go Pasir Ris Park.
If anyone reading this happen to see me, dont come and ask me are you so and so hor.
Wait I do this to you......   

Followed by this.   
Wonder how is this your lizard doing?
TikTalk ( Date: 11-Nov-2020 23:10) Posted:
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