"I can feel it in my old bones"

This was the exact words my shifu told me since last week. He could feel the market will tua lao sai. And if you think today is the worse, veterans like my shifu who gone through 1987 will give you a proper definition of a crash. Crash would mean there are no bidders, market open with a huge gap down leaving many investors dumb struck. For example, XYZ stock closed $12 in previous session and today opened at $6. This is the definition of a crash. We still have not seen the worse of the bear market.

I scouted through forums and talked to many, just because the market showed resilient, many thought it was the right time to bottom fish. I for one traded like this in the past and guess what? We are fighting against the trend. Since market is heading down, there are only 2 things you should be doing, either you completely stand aside or you short the market with CFD or put warrants. There are proper ways to identify a market bottom, so far i have not seen it. Alexander Elder in his book mentioned, "for a man who fell down from a flight of stairs, will need time to stand up, dust himself before he continues on his way." This applies to the market as well.

If you feel helpless and down, COME join the ChartNexus team at Suntec Convention Centre this Thursday, 24th Jan, 7pm. It's a great chance to join our community of investors and the ChartNexus trainers to discuss and explore how to protect and grow our $$$ in this market turmoil.

You may register at the following link >>> http://chartnexus.com/events/details.php?eid=1226


ChinaFish on the weekly chart. Fish is next to be BBQ'ed?


DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.