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wavehunter
    14-Mar-2021 11:08  
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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. 

bystander1965      ( Date: 14-Mar-2021 11:00) Posted:

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. cheeky

wavehunter      ( Date: 14-Mar-2021 10:44) Posted:

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. 


 
 
bystander1965
    14-Mar-2021 11:00  
Contact    Quote!
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. cheeky

wavehunter      ( Date: 14-Mar-2021 10:44) Posted:

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. 

bystander1965      ( Date: 14-Mar-2021 10:36) Posted:

But are you sure you would have held on to it when it tumbled to 44k?


 
 
wavehunter
    14-Mar-2021 10:59  
Contact    Quote!
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
 

 
bystander1965
    14-Mar-2021 10:52  
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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:

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. 

 
 
wavehunter
    14-Mar-2021 10:44  
Contact    Quote!
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. 

bystander1965      ( Date: 14-Mar-2021 10:36) Posted:

But are you sure you would have held on to it when it tumbled to 44k?

 
 
wavehunter
    14-Mar-2021 10:39  
Contact    Quote!
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. 
 

 
bystander1965
    14-Mar-2021 10:36  
Contact    Quote!
But are you sure you would have held on to it when it tumbled to 44k?
 
 
wavehunter
    14-Mar-2021 10:32  
Contact    Quote!


wavehunter      ( Date: 14-Mar-2021 10:17) Posted:


High .....$61680 and still rising.
Wasted IG dont allow me to LONG.
 

wavehunter      ( Date: 25-Feb-2021 14:43) Posted:



 
 
bystander1965
    14-Mar-2021 10:24  
Contact    Quote!
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" . crying 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:

Wonder why he said that...
Is it a warning to US that if they want to use their usual bully tactics which normally lead to chaos and unfinished jobs that they' d better do a proper job. Route the whole thing and run the government there? crying Or China?

Luzern      ( Date: 12-Mar-2021 16:43) Posted:

Keep Myanmar&rsquo s &lsquo hated&rsquo military or face another Iraq or Libya: Singapore&rsquo s George Yeo

 

  • Singapore&rsquo s former foreign minister says the Tatmadaw is part of the problem in Myanmar but must also be part of the post-coup solution
  • Dissolving it would destabilise the country in the same way Western invasions of Iraq and Libya left security vacuums that were filled by Islamic State, he says

https://www.scmp.com/week-asia/politics/article/3125050/keep-myanmars-hated-military-or-face-another-iraq-or-libya


 
 
wavehunter
    14-Mar-2021 10:17  
Contact    Quote!

High .....$61680 and still rising.
Wasted IG dont allow me to LONG.
 

wavehunter      ( Date: 25-Feb-2021 14:43) Posted:


 

 
wavehunter
    13-Mar-2021 23:43  
Contact    Quote!
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. 

TikTalk      ( Date: 13-Mar-2021 16:59) Posted:

The one who vomitted one day and drink beer the next day?

wavehunter      ( Date: 13-Mar-2021 16:34) Posted:

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.


 
 
wavehunter
    13-Mar-2021 23:23  
Contact    Quote!
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. 

CheeryVGoh      ( Date: 13-Mar-2021 18:27) Posted:

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.

 
 
Sg_KoalaDreaming
    13-Mar-2021 21:27  
Contact    Quote!
Aiyoh not like that but hug hug Koala lah  angel

wavehunter      ( Date: 13-Mar-2021 15:06) Posted:

If a bear shows up, it will be neither a Mama Bear or Kiddy Bear.
It will be a Koalabear.
And we do this.   


.



The big bad bear is still hibernating in his cave.
He said it is still winter out there and he feels lethargic....dun wan to come out.... dun want to cho kang...want to sleep some more.
And before dozing off again, his last words were..................." Please bear with me" . 

bystander1965      ( Date: 13-Mar-2021 14:28) Posted:

Now trying to run with the bull! laugh
When you see the bear must shout!
Then we all check again and see the bear is a big mama bear or a kiddo bear


 
 
CheeryVGoh
    13-Mar-2021 18:27  
Contact    Quote!
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.
 
 
TikTalk
    13-Mar-2021 16:59  
Contact    Quote!
The one who vomitted one day and drink beer the next day?

wavehunter      ( Date: 13-Mar-2021 16:34) Posted:

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.

TikTalk      ( Date: 13-Mar-2021 16:08) Posted:

Wonder how is this your lizard doing


 

 
TikTalk
    13-Mar-2021 16:58  
Contact    Quote!
Haha, see next weekend as free to write another story.

wavehunter      ( Date: 13-Mar-2021 15:00) Posted:

Nice story telling.
I like. 

This bull die die dont want to die.
Tiam Tiam cry woof !!!
Cry until limpei boon chin tu lan leow.

Looking back... yes...HINDSIGHT... over the last 6 months if each time the PooBoar bull cried " woof !!!" we had shouted back
" Mai How Siaw lah !!!" and nibbled some stocks, what will our account be like today? Pretty good, I suppose. If given the chance
to go back there 6 months ago in a time machine, ALL OF US will be buying, not sidelining. And this brings us to the next question -
how do we know that this woof !!! woof !!! will not happen for another 6 months ? As of now, it sure looks like it will. Then what ?
In 6 months' time when the market is higher, we will be looking back in time to today and we will be saying, if only we can go back
in time to 6 months ago in a time machine so that we can stop waiting for the seemingly never coming correction and start buying
up what we are eyeing to huat 6 months later in Sep 2021. Okie....your wish is granted. Abracadra.....whooooooooooosh !!! And you
are now back in time in the month of Mar 2021 where you already know that by Sep 2021, your stock is going to be at a much higher
level than it is today. So come Monday, go out there and do your thing !!!

TikTalk      ( Date: 13-Mar-2021 10:51) Posted:

NABEH & HENG Research - 13th March 2021

Special Report - A Long Term Perspective

STI Index : When did it actually bottom?

Most people will say it was April 2020 simply because that was the low point. But for me it should be the 2nd test to the downside,
therefore Oct 2020 the market finally bottom out. Just like the 2008/2009 subprime mortgage crisis when it hit a low point in Oct 2008 then
rebound for a couple of month before revisting the lower low in Mar 2009. Both crisis took about 5 to 6 months forming a W but one with higher low(2020)
while the other with lower low(2009). Interestingly we had 3 big cycle low with 11 years apart, 2020, 2009 and 1998, not counting the months.
Does it mean the next big cycle low will be in 2031? Well, thats another story altogether and we can talk about it if we are all still in SJ.

For how long can the market rally from its bottom?

1998- Sep 1998 to Jan 2000, about 16 months
2009- Mar 2009 to Nov 2010, about 20 months
2020- Oct 2020 to ???, lets just average from above and say 18 months, roughly April 2022, fair?

And how high can STI rally to?

Wa, this one I need to anyhow pluck a figure liao, how about 4000?
If it turn out so, thats another 900 points or around 30% more to go, if achieve within 2 years will
be 15% a year, good anot?

Anyway above just for a good read if it is, otherwise one of the message is this:

Charting the stock market is like reading road map, one has a destination say I wanna drive to Thailand.
Along the way you need to stop by petrol kiosk to replenish petrol(market pullback, mini correction)
Maybe kena speeding ticket(sold too early or buy too early), some will argue with the traffic police or
the petrol kiosk attendants, all these are market noises. Some tulan u-turn go back home, fug the trip 
to Thailand so many problems. Others who stay the course will eventually reach Thailand, by that I mean
these people know you going to have obstacles along the way, sometimes even robbery(monkey screw us)
along the way  . Whatever la, if you still enjoy reading till here....lol...

If dont turn out the way I painted, NABEH lor...
​ If turn out quite close, HENG ar....

Have a good weekend.

Newbie TikTalkcheeky
 


 
 
TikTalk
    13-Mar-2021 16:51  
Contact    Quote!
Weekend free write long story.laugh

bystander1965      ( Date: 13-Mar-2021 14:34) Posted:

I like! Haha.
But you missed the dot com bust and recovery from 2003 - 2007 before the big crash. That one even more spectacular. 2200 pts for 3-4 years.
But if history repeats itself the three you mentioned, 4000 may be the next possible target.
Let' s see. Only 1 year to wait and see. laugh
If you look at the dow and sti charts Gen Wave posted. The two of them look very similar just that STI is lagging behind in time.
 

TikTalk      ( Date: 13-Mar-2021 10:51) Posted:

NABEH & HENG Research - 13th March 2021

Special Report - A Long Term Perspective

STI Index : When did it actually bottom?

Most people will say it was April 2020 simply because that was the low point. But for me it should be the 2nd test to the downside,
therefore Oct 2020 the market finally bottom out. Just like the 2008/2009 subprime mortgage crisis when it hit a low point in Oct 2008 then
rebound for a couple of month before revisting the lower low in Mar 2009. Both crisis took about 5 to 6 months forming a W but one with higher low(2020)
while the other with lower low(2009). Interestingly we had 3 big cycle low with 11 years apart, 2020, 2009 and 1998, not counting the months.
Does it mean the next big cycle low will be in 2031? Well, thats another story altogether and we can talk about it if we are all still in SJ.

For how long can the market rally from its bottom?

1998- Sep 1998 to Jan 2000, about 16 months
2009- Mar 2009 to Nov 2010, about 20 months
2020- Oct 2020 to ???, lets just average from above and say 18 months, roughly April 2022, fair?

And how high can STI rally to?

Wa, this one I need to anyhow pluck a figure liao, how about 4000?
If it turn out so, thats another 900 points or around 30% more to go, if achieve within 2 years will
be 15% a year, good anot?

Anyway above just for a good read if it is, otherwise one of the message is this:

Charting the stock market is like reading road map, one has a destination say I wanna drive to Thailand.
Along the way you need to stop by petrol kiosk to replenish petrol(market pullback, mini correction)
Maybe kena speeding ticket(sold too early or buy too early), some will argue with the traffic police or
the petrol kiosk attendants, all these are market noises. Some tulan u-turn go back home, fug the trip 
to Thailand so many problems. Others who stay the course will eventually reach Thailand, by that I mean
these people know you going to have obstacles along the way, sometimes even robbery(monkey screw us)
along the way  . Whatever la, if you still enjoy reading till here....lol...

If dont turn out the way I painted, NABEH lor...
​ If turn out quite close, HENG ar....

Have a good weekend.

Newbie TikTalkcheeky
 


 
 
wavehunter
    13-Mar-2021 16:34  
Contact    Quote!
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.

TikTalk      ( Date: 13-Mar-2021 16:08) Posted:

Wonder how is this your lizard doing?

TikTalk      ( Date: 11-Nov-2020 23:10) Posted:

Hello young lizard,

I started buying stock since March till November, putting a % of my investible amout every month.
Of course we do keep an eye on US market to avoid buying when its selling off but they are very different
from our market and in economics too. Market buy/sell on expectation and reverse on news therefore
reacting to news do not neccessary work all the time. Furthermore market tend to bottom or top months
before economics boom or bust. 

Since your have identify the sector and company in your preferred portfolio, try to act with a small very amount to start with and then watch
how it goes before your next entry, otherwise it may continue to be a waiting game.  
Of course there may be a pullback especially since Capitaland has gone up quite alot in recent weeks.
But my point is to avoid the buy low/sell high mentallity and instead to get a good average over a period time.

Good luck.
 


 
 
wavehunter
    13-Mar-2021 16:25  
Contact    Quote!
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.   
 
 
TikTalk
    13-Mar-2021 16:08  
Contact    Quote!
Wonder how is this your lizard doing?

TikTalk      ( Date: 11-Nov-2020 23:10) Posted:

Hello young lizard,

I started buying stock since March till November, putting a % of my investible amout every month.
Of course we do keep an eye on US market to avoid buying when its selling off but they are very different
from our market and in economics too. Market buy/sell on expectation and reverse on news therefore
reacting to news do not neccessary work all the time. Furthermore market tend to bottom or top months
before economics boom or bust. 

Since your have identify the sector and company in your preferred portfolio, try to act with a small very amount to start with and then watch
how it goes before your next entry, otherwise it may continue to be a waiting game.  
Of course there may be a pullback especially since Capitaland has gone up quite alot in recent weeks.
But my point is to avoid the buy low/sell high mentallity and instead to get a good average over a period time.

Good luck.
 

wavehunter      ( Date: 11-Nov-2020 19:52) Posted:

Hi guys,

Just came back from cycling, came here and saw this PM in my mailbox...

-----------------------------------------------

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.


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My reply....


Thank you for your PM in which you penned your thoughts, anxiety, apprehension and frustration. And I must compliment you
for a well written piece of work. What you have said is in fact what has been echoing in the hearts and minds of many of our 
good people at our thread. Your worries resonates with many bros and siss, me included.

Tell you what. A well written piece like yours should not go to waste. It should be shared at the thread so that many can enjoy
it. I will keep your identity a secret unless you choose to reveal yourself. I will reproduce your PM in its entirety at the thread
and invite everyone for their comments and suggestions. And I will post my own comments too. I will repost your PM first.
I need to do some housework followed by a shower. I just came back from my daily cycling. Later tonite then I reply to your
PM. By then, some bros or siss would have spoken and some of what they say will probably be what I am going to say.

Thanks again for your PM. Appreciate it. 

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So guys, you heard this lizard bro. What he has penned out, many of you here have been going thru yourself and you can very
well relate to what he has said. So let those who have views, solutions and suggestions to share..... speak your mind please. 
Especially our distinguished members of our very own Tua Phow Club here at The Trading Floor. Thank you, all.   

And this is why our home is popular, well liked, and has many people choosing to call it home.   


 
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