9 September 2014
Think Think (Things) Got More Things! Really! Moses’ Stock Analysis
Welcome to Moses’ Stock Analysis at AmiBrokerAcademy.com. Thank you for dropped by the site. One of the reasons you are here may because you want to know who moves my stocks.
While you are here you also learn a few things! Really! Have fun!
Lesson
Really, Think Think (Things) Got More Things!
Chart (Picture) worth a thousand words! Chart also doesn’t lie! There are many things could reveal from the stock (Price Action) chart. Be it random walk or non random walk, all recessions can be easily shown from the chart. Therefore, the stock chart is a window to the market economy situation. Every bar consists of many investor’s, trader’s fears, tears, emotions and psychology.
Without looking at the chart, we will tend to believe what the News. Quite frequently the News try to divert the people attention. It’s like the King’s new dress; good News. But the stock chart will give away everything.
In fact, in stock market, there is a saying, “Sell When Good News!” … but the myth is, it seems to work beautifully each time. Why? Many rushes when good News, so ended up buy high and hope to sell higher.
As said, think think (things) got more things! When look at the 20 years STI data again, you will realize that there were a recession for Singapore from 2000 to 2001, and again from 2002 to 2003. So, it was a double “V” landing. This was not link with the global or regional economy. It was finally recovered in 2006 back to the same level as 1996.
Read more of related link;
1) Think Things Got More Things! Straits Times Index
20 Years STI Data.
20 Years Data of Straits Times Index, STI Benchmark of Singapore Stock Market.
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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The comment is the author personal experience. There is no intent for your believe and follow.