How to earn money when Dow made new record?


Many readers would like to ask, is now a start of bull market or a bear market rally? They want to know, what to do now.

To answer the question, first we need to find out what's our opinion with current market stage, be it bear or bull? From the news paper, many expert pointed out that the current market up trend is a bear market rally and advised investor be more careful. If we think this is a bear market rally or a false bull, the we will sell and stay away form the market.

The question, is now consider bull market or not? To a serious investor, the answer to this question worth million dollar. To enter the market at a small bull and sell when bull turn mature, it's very easy to double your asset. If one invest 500 thousand and double or triple the money in next 2 or 3 months, he can become a millionaire, hence we say this is million dollar worth answer to the question.

Still remember on Oct 2008, when Dow continuously down for 7 days and make us confirm the forming of bear market? In fact, before October 2008, the market had down for at least four months. If using the three months theory, we can confident to say, that was a bear market. Every one started to predict the future and advised worse would follow. Yes, we had experienced worst market crash in the history, Dow went south till March 2009, before start to rally. On earlier Jul 2009, technical chat form Head and Shoulder, but Dow index able to break through the resistant level and go higher.

On Jul 20, 2009, we experienced Dow continuously up for 6 days. If the indication of bull market is true, we should have at least 3 months for this strong rally (or you can call it bull run) to end, which I estimate till earlier or mid October 2009. Only time will tell if what we think now is true or not.

Comments

Popular posts from this blog

How to Sell or Buy Odd Lot using Cimb iTrade?

Cimb Dividend Reinvestment: How to do it online?

Bursa Anywhere App