Tuesday, October 6, 2009

My Opinion (Review)

Yes, I was right yesterday! The STI was falling yesterday in the morning, but bounced back in the afternoon. There are some stocks closing higher than the opening.

But beware, only very few stocks starts getting into positive region. There might be some that just going up for a short while today.

Log

Mental : 5 (still very sleepy)
Physical : 7 (getting better, just limited to occasional coughing)
Psychology : 6

Credit Crisis Explained

Dunno what is Credit Crisis? Here's a very good explaination from Jonathan Jarvis at Vimeo.


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

Monday, October 5, 2009

Log

Many people are having not a very good outlook at the market overall due to the notorious October and Black Monday. Together with the prices dropping in securities globally for the past few days, it looks like the market to planning to start going downwards.

But I have a different opinion. I think the market will still hold, if not going higher than the past few days.This is because :
1. A lot of people have been anticipating a fall, thus normally the opposite will happen
2. Indicators have shown high probability of reversal to upside.

Let's see whether I am correct.

Log

Mental :5 (still tired, not enough sleep)
Physical : 5 (still coughing but getting better)
Phychology : 5 (so so)
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