When "huat kueh" becomes "ang ku kueh"

Pardon my mockery title on the crash.

Dear STI continues its downward spiral today.

My "huat kueh" (those on paper gains last month) have became "ang ku kueh". Sigh.

SG Portfolio down 9% to date  :(

I wonder will they flatten some more to become prata.


I bet they will be real "tasty" then. Can gobble and grow fat from all that oil yield. (REIT buffet anyone?)

That's provided they don't do drastic payout cut.


It's not too difficult to make Ang Ku Kueh I realized. I meant the real ones here.




Jokes aside.

It's really no fun to see US stocks bungee jumped. If you thought the blue chips are bad, wait till you see this...

Gap

Gap

More gap


*Gasp*


There has simply been too much euphoria fueling the market for too long, now it's losing air like an over-inflated balloon. 

For the noobs, yes, this is how scary market crashes can be.

----
Did some swing trade set ups, hope they will pan out well.

Some facts on (Saxo) trading I have learnt:
  • Tencent holding is considered a different "stock class" and cost USD25 per trade on SAXO instead of the usual USD4+
  • VIX cannot be shorted
  • Futures cannot use CFD

Watching the RSI and volume may prove to be useful for momentum.

***
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Comments

  1. Rainbow girl,

    Mock your head! (I slap your forehead)


    I don't mock; I poke.


    What's the difference?

    My poke is like when you with your jie-meis, see a cute looking guy, you poke your friend, "Look! Look! 小鲜肉!"

    Or when your friend driving you home, you notice he dozing off or getting distracted... Poke. "Eh, traffic ahead!"


    I gentle already. In Zen training, the master will carry a big stick and when he sees student monks meditating and dozing off, whack!




    ReplyDelete
    Replies
    1. It's my bad, SMOL qian bei. Amended liao. >.<

      Where have I seen that scene... Kungfu panda?

      Delete

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