Sunday, August 21, 2016

Post #3458 : Crashing on books

8.15 pm : I m resting at home now ... Sunday is a rest day. I brought my family to National Library (after since 2011)

I m glad as I managed to borrow few books related to market-crash books!!

This will be my one-month reading ... need to wake up 5am to read these and do some homework --- preparing for exams!!

Click the chart above to enlarge. This is a chart for BULLISH camp ... crushing those gloomy-bear camp .... nailed it. haha.

In 2012(I think), I attended TTB's invest-talk at KLCC during the InvestFair ... and he was very bearish ... stating that market is not cheap and the economies are in bad shape. I disagreed to him and still fully invested in KLSE and in fact started my trading group!

Today is 2016 ... I will slowly read Icap's newsletter again ... yes, I m using some common-sense ... then, it tells me that it is time to be cautious. Take 50% off from market.

Rest ... read ... and prepare.

Ok ... will have an e-meeting tonight since I m 'free'. My one hour is still very precious ...



Wau Fatt said...

Please share your view as to why you are expecting the market will 'crash'soon.

Thank you.

CP said...

morning .. no I don't know when it will crash, if ever. I m preparing for it.

trade at own risk but MUST manage the risk as we are in 2016.