Market Overview - 30/04/12

S&P is heading towards its resistance 1423.
Will it break its resistance this time ?

Robert Kiyosaki - Unfair Advantage

Yesterday went for Preview for Unfair Advantage. Great Preview.

Trading sideways

Expecting a rebound tonight. Trading sideways. Waiting to break out from either up or down to have a confirm trend. Boring.

Market Overview - 23/04/12

S&P has been trading sideways in the last 9 trading session.
Although I am more towards bullish side, but "Sell in May and Go Away" is something we should take note of it. This week will be the last week of April. So watch out.

What is your WHY?

"Exactly, I heard a fantastic reason why the other day," I said. "I was talking with this gentleman, Peter. He is a single dad with a 7-year-old son. He told me, "I'm an enginner. I see my son for a few minutes in the morning, then he gets picked up for school by one of the other child's parents, and I go off to work. If I'm lucky I get home before he goes to bed. the reason I wanted to become financially free was very simply so that I could drive my son to school every day. That was it. Well, it took me four years and today I am free. The cash flow from my investments pays for my lifestyle. And today I drive my son to school every day. I'm probably the only person on the L.A. freeway struck in the middle of rush-hour traffic with a huge smile on my face.'

- page 71

I'm reading this book now. Great book. I would like to recommend to all of you.

Consolidating for a big movement

S&P is currently consolidating for a big movement, either UP or DOWN. But I believe more towards a big UP.
Disclaimer appiled.

Have you board the boat yet?

Have you board the boat yet?

Robert Kiyosaki - Investing Isn't Risky

Investing Is NOT Risky. 
Remember to buy insurance. 

Time to board the boat when rebound signal seen.

S&P hit trendline. Time to board the boat when rebound signal seen.
Down for 4.3%. Quite a fair bit of pullback.

April is always a bullish month.

April is always a bullish month. I got stop out on last friday with a small profits. Im waiting for the next rebound to LONG again. Last April 2011, initial part of April is a sell down too. Will this be the same for this April 2012.

Watch out for any rebound.

S&P at critical point. S&P nicely touch the trendline. Watch out for any rebound.

Market Overview - 01/04/2012

Another boring week. Resting at the support level.
Tomorrow will enter 2nd quarter of the year.
S&P have went up for +11.6%. It have been a GREAT Year 2012 for me so far.

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