Good Morning Everyone,
Since 5th of October, we been calling for a buy on both the local and regional stock markets and undeniable, we were bombarded by many
traders, both seasoned and novice, on our ‘crazy’ view as the market was sighting a possible bankruptcy in many part of Europe.
Some were even very heavy with their words and labeling us with disrespect names… but since our V3Go System calls for it and using
the right V3Go Risk Management System, we stood firm with our calls and entered into the Stock, Future and FOREX market.
By the 10th of Oct, our portfolio rises alongside with the market. STI rose more than 150points during this period. We saw battered down
Blue Chips like DBS and UOB rising from $10.92 to $12.33 and $16.10 to $17.20 respectively. Even crowd favorite Genting SP rose
from $1.45 to $1.60 during this period.
Of course, we are pleased to admit that our both our V3Go graduates and readers benefited from the calls and progressively made a good
bundle from the run up. Some of them even made 5 digits gain and bought the team to drinks and meals. Some even offer cash gifts which
we have to decline.
On behalf of V3Go Team, we thank you for that.
From 14th of October, we have been open with our views and shared that we are booking profits on the long side and might be turning
short in the market. Many people were shocked by our views as they are seeing signs of possible chance of recovery in Europe instead.
By 17th of October, we unloaded our longs on the strength of the market and started with our shorts.
By 19th of October, we added more short positions into the market. We are staying firm with our positions despite further unconfirmed news
that Europe may be coming out more liquidity in the market and amount may raise from the initial 400bln to 2Trillion Euro instead!
But again, the news is not confirmed and honestly, I really can’t see how the European market can pull it off over this coming weekend.
90% it may come out something better but maximum is around 800bln is my personal forecast.
This morning, 20th of Oct, after witnessing how the NIKKEI and Gold & Crude trades… I know that we can use more shorts in the market. We added more, utilized around 70% of our portfolio with profit trailing stops in place.
We are looking at more selling tonight in the US markets and may be considering to cover back some of our short positions tomorrow, 21st of October 2011.
We are looking at potentially more bearishness in the market early next week but will keep everyone in the loop as we progress.
If you want to get REAL Time UPDATE, we are on FACEBOOK and TWITTER!
www.facebook.com/V3GoFamily
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