Wednesday, January 18, 2006

20060118 Nikkei 225 Stock Average, the last 2 day plunge. Is this smething new? Something disastrous? The end of the world? As it stands, we see this all the time in specific stock charts. For example on Bursamalaysia names that come to mind include Liqua, Tanamas, Gensoil, Ho Wah Genting, Abric, go way back the 2nd Board companies like Posim, Repco, Hwa Tai, etc etc the list goes on and on. Right now there is one such pattern on a stock starting with F, which has a very bullish broker call on it at the moment. The bottom line is when large funds (or syndicates) push up the stock, they create excitement and pandemonium and prey on human greed, and when they liquidate the positions, the unsuspecting small investor/trader often gets burnt. The Nikkei 225 plunge is no different, a chart is a chart, only this one is a much bigger scale. Posted by Picasa

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system