Tuesday, March 10, 2020

Big Swing; No more swing when market bottom

Whenever Cikgu Teh taught something, I tend to scribble everywhere. Bad record mangement caused me to lose a lot of kertas conteng gained over the years.

Today I asked him "When market crashed and at its bottom, will there be big swing like what we are experiencing now?" He said no and told me to JOT IT DOWN. he asked why.

Because people are tired of the swing here swing there, they get tired and stop doing anymore swing. Insider joke la...

Seriously, People had no interest in stock anymore. Almost all of them stuck and never cutloss. People had no more money to buy. There is no more buyer. People are scrambling to sell stock. Cikgu Teh asked us to listen to a RenCai youtube post by Hu Li Yang to understand better.

There will be no more swing when market bottom.


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