Wednesday, 29 July 2015

Silver

Money Law,

What is your view for gold & silver? 

Reply:

My view for gold and silver is bearish. And I have been shorting silver for the past few years and it had gave me a handsome profits. 

Last year, I have made a projection of silver target price @ 14 in my blog. 

Now is trading around this price. Whether it will go further down, nobody will know. 

Follow your chart. 

Never listen to the media. or ME.
Trade or invest based on the chart.

The chart said buy, you buy.
The chart said sell, you sell.

 
The media said BUY, you buy, prepare to say:
GOOD "BYE".


Click below for see my previous posts on silver:

http://mmltrader.blogspot.sg/search/label/Silver

Monday, 27 July 2015

Quick Update - Dead Cat Bounce

On 7 July, I blogged about SG property is set to rise from here, http://mmltrader.blogspot.sg/2015/07/sg-physical-property-is-set-to-rise.html

but now i look at the chart, look likes it is a dead cat bounce. 

need to continue to monitor again.
 

Sunday, 26 July 2015

MARKET SENTIMENT - 27 JULY 2015


chart only updated till thurs. fri closing price is 2079.65. 

Support Level 1: 2080
Support Level 2: 2050



http://www.marketwatch.com/story/here-are-the-staff-forecasts-that-the-fed-accidentally-leaked-2015-07-24?link=MW_home_latest_news 

Based on the Fed rate projection, 2% ~ 2.5% is a figure we should look out for.
When Fed rate hit 2%~2.5%, Mr Market will need to have some counter measures, eg going into "recession mode", if not the economy will be having hyper-inflation. 



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Market Sentiment

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Long Term:
 

Monday, 20 July 2015

MARKET SENTIMENT - 20 JULY 2015



Now is back to old boring sideways range. Mr Market must break above the resistance and go back into the trading channel. 

Greece drama is over. I had been emphasized that the BB is using the media to create fear in the market. 

You should have made some kopi-lui if you have been buying on dips. 

Be greedy when others are fearful. - warren buffett 

Some readers have asked me that why I am so confident that the market will not crash due to the Greece and China issue.

Cos I don't see any bears around for the next 1 - 2 years. Both fundamental and technical analysis told me that Mr Market is not due for a market crash yet.

It is the knowledge and my system that gives me confidence to stay invested and keep buying on dips.



Support Level 1: 2100
Support Level 2: 2050

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Market Sentiment

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Long Term:

Sunday, 12 July 2015

MARKET SENTIMENT - 13 JULY 2015



See how the BB use the media to create fear in the market.
Just not long ago, the Greece issue is all over the media. Creating fear in the market.


Now they said they are not exposed much to Greece. 
http://www.channelnewsasia.com/news/business/singapore/singapore-s-exposure-to/1964476.html 
http://www.marketwatch.com/story/greece-buys-hardly-any-stuff-from-us-anymore-2015-07-07?dist=countdown&link=sfmw_fb 

So what is the focus for this week?
http://www.marketwatch.com/story/eurogroup-ends-meeting-with-no-agreement-will-reconvene-sunday-2015-07-11?link=MW_home_latest_news

What about China?
3 trillion is wiped off Chinese shares in 3 weeks and that is 700% more than Greece's total debt
Suddenly Greece issue seems so small.
http://www.bbc.co.uk/news/business-33438416?ocid=socialflow_facebook

What is the lesson learn over here?

Never listen to the media. or ME.
Trade or invest based on the chart.

The chart said buy, you buy.
The chart said sell, you sell.

 
The media said BUY, you buy, prepare to say:
GOOD "BYE".



Support Level 1: 2075
Support Level 2: 2045

These 2 support levels is critical. you can see that s&p 500 went to a low of 2044 then closed above 2075.
and i also mentioned that s&p 500 have to close above 2100. 
2100 is a important level to watch. 

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Long Term:



 




Thursday, 9 July 2015

SG physical property is set to rise from here. Time stamped.







July 2013, I said that SG physical property will be slowing down.

It happened.

Today, SG physical property is set to rise from here. 


Time stamped.

Saturday, 4 July 2015

MARKET SENTIMENT - 6 JULY 2015


Still the same old story. 
This time is Greece referendum. 

Support Level 1: 2075
Support Level 2: 2040

2075 seems to be a strong support. went down on monday then slowly climb up. 
S&P 500 need to go above monday's candle 2100. 
2100 is a very important level to watch. 

BB are using the media to create fear in the market. 
Never listen to the media. or ME. 
Trade or invest based on the chart. 
The chart said buy, you buy. 
The chart said sell, you sell. 

The media said BUY, you buy, prepare to say: 
GOOD "BYE".
 
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Market Sentiment

Short Term:









Long Term:





 

Sunday, 28 June 2015

MARKET SENTIMENT - 29 JUNE 2015


chart not updated. 
Friday candlestick is a doji. meaning indecisive. 
the media is all about Greece. one moment good news. one moment bad news. 
if good news, then problem solved. market will rally from here. 
if bad news, the market will drop. then we can buy cheaply. 

good news bad news. all the same to me. 

Support Level 1: 2075
Support Level 2: 2040

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Market Sentiment

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Monday, 22 June 2015

contact form.

1 reader facebook me that she had filled up the contact form in my blog to request for appointment but i never response. 

i have tried using it too and i also never received the request and i don't know why. 


anyway, those who have fill up the contact form and i never reply you. 


kindly facebook me or drop me an email to request for your appointment again. i will reply you from there.

thanks.

Sunday, 21 June 2015

MARKET SENTIMENT - 22 JUNE 2015


Greece considers last-ditch proposals to avoid collision with bailout creditors.
click here.

学投资,不再走“薪”酸路。

Tired of watching this drama everyday. Media always want to create fear in the market. So that they can enter the market at a lower price.
 
Support Level 1: 2075
Support Level 2: 2040



 









US dollar should have topped out @ 100, forming descending triangle. if it goes down from here, it will benefit US market.




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