The performance of all BC's stock picks has been great these days. And everyone who follows him can get very excited.
3rd liners stocks could be running up high right now, and this might lead us far away form the big picture of the current markets.
Looking again at all stock indices expecially the KLCI, signs of market tops are very evident. Rail road formation for KLCI. Head and should for the Dow, where the right shoulder is lower than the left shoulder.
This amazing breakout has turned into a big lie. This is the moment of exhaustion.
I will not be betting on 1st liner stocks too. Looking thorugh Genting, Maybank, CIMB, TopGlove, they are all indicating a top.
I suggest everyone to be cautious with 1st liner. I am not sure about 3rd liner stocks, but this may yet be their opportunity to shine.
One thing you can be certain is: Be careful. And keep your cash to stock ratio higher.
The performance of all BC's stock picks has been great these days. And everyone who follows him can get very excited.
ReplyDelete3rd liners stocks could be running up high right now, and this might lead us far away form the big picture of the current markets.
Looking again at all stock indices expecially the KLCI, signs of market tops are very evident.
Rail road formation for KLCI. Head and should for the Dow, where the right shoulder is lower than the left shoulder.
This amazing breakout has turned into a big lie.
This is the moment of exhaustion.
I will not be betting on 1st liner stocks too.
Looking thorugh Genting, Maybank, CIMB, TopGlove, they are all indicating a top.
I suggest everyone to be cautious with 1st liner. I am not sure about 3rd liner stocks, but this may yet be their opportunity to shine.
One thing you can be certain is: Be careful.
And keep your cash to stock ratio higher.
- LokGP