Good Evening,
I am still outside. Just completed my meeting with my friends. They are very impressed with the V3Go Pro Scanner and will attending the class of mine as I insisted that only V3Go grads can have it.
Won’t that make my target audience smaller they asked?
I prefer that. Because the scanner is just a tool… the user who is the trader must know the essence of V3Go to understand it.
You will see the impact of it within the next 1 week. Just watch this blog more often.
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I have been waiting for Gold to hit US$1800 for sometime and it seem that it came a tab too early…. Although I am still calling for it to hit US$1850 but I didn’t enter it yet since $1650. I am waiting for the significant pull back for me to be more comfortable on this trade. For those who been waiting for my signal, I am sorry but I prefer to wait…..
To be a HERO and end up being a ZERO is unwise choice, right?
My client asked me whether we are heading towards a 2nd Recession or 2nd Dip….
My answer is NO WAY!
Yes, we are having days whereby market fell -3% to -5% but we also enjoyed a great Bull Run since End of Aug 2010. What goes up must come down but what goes down must come up, especially global index/market.
In 2008, we saw the market crashed down to 1/4 of 2009, Dow hit below 7,000 and everyone was calling for Armageddon but did it happened? When Dow hit 12,800, in early May 2011, 90% analysts were calling for 13,000 and even 14,000.. but yet now in August, 2nd Dip??
I was pretty surprised when I see the market was in joy when Federal signalled that Interest Rate will be kept low for at least 2 years… it only mean that the Federal is going to adopt a lax monetary policy and this will only bring the Dollar lower in value thus that will give the world the note of no confidence.
BUT on the other hand, this low interest environment is different from 2008. Then we came from a bubble, a total fiscal breakdown from Lehman to Bear Sterns…. that’s where Trillions of dollars are printed from the air to save the books of the companies.
After 2 years of hardwork, most top companies have kept billions in their reserves… in fact, more than 1.3 Trillion in total.
That’s good enough to handle economical downturn. . .
So pardon my A level understanding, I am very sure we all know that Companies earnings leads Economy. Of course, once a while, we will have foreign interruption or intervention BUT after the problem is over, it is back to Sunny Days.
I going to repeat like a broken recorder here.
This meltdown presents a great opportunity for all to start to buy things that you wanted to buy since May 2011 if you have missed it.
If you still cannot get what I am trying to say…. No worries, come down to Suntec City, Level 4 on 13th of August, 4.30pm, I will show you the right way to read your chart and compare it with STI and Dow and Gold and you will be on your way to riches.
| Topic |
Why Gold & Dow will hit US$1850 and 13,5000 by end of 2011, respectively? Learn how to go long at the Right Time |
| Time |
13 Aug 2011, 4:30pm – 5:30pm |
| Room |
Seminar Room 4 |
(http://sg.invest-fair.com/speakers.html)
More than 10,000 people will be at the Fair but my seminar room can only sit in 300 people thus we will be giving out tickets from 1400hr. First come first serve. Locate us at the fair.
Before I end this article: I told my clients NOT to Buy Gold at US$1800 and start to load some S&P at 1130.50 to keep.
If my calculation is correct, today is the 2nd DIP in the stock market before the bottom out by next week. I am looking at 1200 for the S&P.
Have a great trading day tomorrow… I know you will enjoy it.
Disclaimer applied.
Kelvin Han
Your Only Singapore Coach That Reads Chart From Right to Left.
(2355hr -10th of Aug)
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