Market Sense

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CK Choy.

Market Sense 市场意识: It's confirmed! Dow has stood above 13000, heading into next box top!
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

Any views, opinions, references or other statements or facts provided in this are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Sunday 18 March 2012

It's confirmed! Dow has stood above 13000, heading into next box top!

After a seven day winning streak, Dow Jones has successfully stood above 13000 points. But where is the next top now? Let me do a study and keep everyone posted.

These 2 days, I am enjoying my weekend at Malaysia after bit of a windfall...ha. This should be the life of a trader, FANTASTIC!

Apple met its resistance at $600 exactly. This stock just flew to the sky this week. I happily pocketed USD $17000 in 4 straight days, after I let go when the stock is at $595, near its highest!! Remember I ask everyone to enter when it is at $540??? This is pure product launch play at its best!

I knew that there be some consolidation at $600. This is what I called Law of Gravity of Price. I would do a post mortem analysis for everyone about my views on Apple.

Rgds
Daniel 
Posted by ckchoy77 at 18:23
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