Cash/KLCI winning streak record :-
1) total value 92.60 ( Mar 2007)
2) 9 straight day ( Mar 2007 )
Take note, "record" seems to stop at 80 points ++ OR 8 consecutive days. ( especially in 2008) ...wow all the "8"s!
Current winning streak
1) total value 76.00 ( at 1140)
2) 5 straight day ( inclusive of Monday, 20th)
Based on the fact above,
1) there are more room to go higher BUT not much margin.
2) a minimum pullback of 20-30 points ( 1/3) can be expected. Dont be surprise if mkt heads towards 1100 major support. If you are long, dont sell yet but work on a good sellstop strategy to lock in profits. Focus on weakness till a pullback.
Trading: Opportunities Are Dispersed
-
Opportunities are dispersed. You might have an... *READ THE REST OF THE
ARTICLE ON THE NEW WEBSITE: JIM ROGERS TALKS MARKETS *
*Jim Rogers is a legendary i...
3 years ago
No comments:
Post a Comment