It is ranging !
Thursday, September 4, 2008
11:09 am - Traders meeting - Sept 7, 2008 2 pm - 5 pm.
Dear Traders,
We are having an event at the Crystal Crown Hotel on Sunday 7 Sept from 2 to 5 PM. Mr Pong, a prominent market researcher from Jupiter Securities will present his world and local market outlook which includes currencies and commodities. Martin will preview our next foundation course with some new slides. I have used the same ones for the last 7 years so this is a refreshing change.
I will show 2 of Warren Buffets favorite patterns for shares taken from his book The Tao of Warren Buffet and how they apply to the KLSE. Threre is a chance we will get an outlook from G Holmes of TradeGuider on the Dow and Crude Oil should he send us the link. These 2 contracts are driving world markets including CPO at present.
Martin's wife will give a briefing on opportunities in life insurance investment linked products.
Meeting Mr Pong is a rare opportunity to ask him any questions on the market or any specific companies.
As seats are limited please let me know if you wish to attend. As this is an open event- we advertised in the Star note attached advert -you are welcome to bring your friends
Bill
PS These are interesting rules shared by one of our members CC Hong
Please read and disgest them.
Ten Market Rules - from Merill Lynch.
Why reinvent the investment strategy wheel?
Rule #1: Markets tend to return to the mean over time. If you go back in history, every market is mean reverting. Asia Pac, today is trading at the mean.
#2: Excesses in one direction will lead to an opposite excess in the other. Oil is the classic example.
#3:There are no new era's, excesses are never permanent. Remember "peak oil" and the "new economy".
#4: Exponentially rapidly rising and falling markets usually go further than you think, but they do not correct by going sideways. Chinese equities and home prices!
#5: The public buys the most at the top, the least at the bottom. Emerging markets!
#6: Fear & greed are stronger than long term resolve. Markets bottom, when the public throws in the towel.
#7: Markets are strongest when they are broad, and weakest when they narrow to a handful of blue-chip names. China looked liked Cisco last year.
#8: Bear markets have 3 stages: sharp down, reflexive rebound and a drawn-out fundamental downtrend. We appear now to be in stage 3.
#9: When all experts and forecasts agree, something else is going to happen. Short $ and long Euro.
#10: Bull markets are more fun than bear markets.
"In business the greatest compliment is a referral "
We are having an event at the Crystal Crown Hotel on Sunday 7 Sept from 2 to 5 PM. Mr Pong, a prominent market researcher from Jupiter Securities will present his world and local market outlook which includes currencies and commodities. Martin will preview our next foundation course with some new slides. I have used the same ones for the last 7 years so this is a refreshing change.
I will show 2 of Warren Buffets favorite patterns for shares taken from his book The Tao of Warren Buffet and how they apply to the KLSE. Threre is a chance we will get an outlook from G Holmes of TradeGuider on the Dow and Crude Oil should he send us the link. These 2 contracts are driving world markets including CPO at present.
Martin's wife will give a briefing on opportunities in life insurance investment linked products.
Meeting Mr Pong is a rare opportunity to ask him any questions on the market or any specific companies.
As seats are limited please let me know if you wish to attend. As this is an open event- we advertised in the Star note attached advert -you are welcome to bring your friends
Bill
PS These are interesting rules shared by one of our members CC Hong
Please read and disgest them.
Ten Market Rules - from Merill Lynch.
Why reinvent the investment strategy wheel?
Rule #1: Markets tend to return to the mean over time. If you go back in history, every market is mean reverting. Asia Pac, today is trading at the mean.
#2: Excesses in one direction will lead to an opposite excess in the other. Oil is the classic example.
#3:There are no new era's, excesses are never permanent. Remember "peak oil" and the "new economy".
#4: Exponentially rapidly rising and falling markets usually go further than you think, but they do not correct by going sideways. Chinese equities and home prices!
#5: The public buys the most at the top, the least at the bottom. Emerging markets!
#6: Fear & greed are stronger than long term resolve. Markets bottom, when the public throws in the towel.
#7: Markets are strongest when they are broad, and weakest when they narrow to a handful of blue-chip names. China looked liked Cisco last year.
#8: Bear markets have 3 stages: sharp down, reflexive rebound and a drawn-out fundamental downtrend. We appear now to be in stage 3.
#9: When all experts and forecasts agree, something else is going to happen. Short $ and long Euro.
#10: Bull markets are more fun than bear markets.
"In business the greatest compliment is a referral "
10:35 am - Time to sell your TM counters !
All the good news is out ! No follow thru in the buying !
10:07 am - KLCI is ready to go lower any time today !
With the pakatan cross over coming soon, the market has priced in !
Subscribe to:
Posts (Atom)
Posts
