It was a good day yesterday afternoon as after my talk, we went for a small coffee where I shared more insights about the Singapore market and US stocks. The main difference between US and Singapore stocks is opportunities. US stocks has more opportunities and you can almost trade everyday while Singapore stocks are pretty selective. To make a lot of $$, US stocks is the way to go while Singapore market is currently in a tough mode. I met one of my student who came looking for me before Ronald K was born. He was such a nice person and after 7 years we are still trading together.
So to did him a favor where I gave him an outlook on the Dow and asked him to short it down last evening. He heeded my advice and went shorting it while the next thing I knew was the Dow closed -137 points last evening accordingly to what I predicted. The supply in Dow as mounting while the buyers where lacking in the Dow last evening when I gave him the outlook at 4pm. From 4pm to 9.45pm, the Dow indeed slowly retreat and gave way and the next moment I knew, the index tanked with sellers. It distributed for a while and towards midnight, the index tanked down again heavily and closed now. Congrats on your win. Let's have coffee session next time, it's on me!
Ronald K - A Game Changer
