Saturday, April 13, 2024

Wait for FEAR = buy?

 6.45 pm ... done gardening , got myself a new mattress (KJ promoting it la) and re-arrange my bedroom ... and working space! 


  Well ... after the Friday selldown, many of the charts showing bearish signals ... so, I had an e-meeting to share those charts yesterday. We should wait till more selldown till FEAR or EXTREME FEAR to move back in ... so, relax and let it swings ...


This is one chart to show the breakout in 10Yr bond-yield due to high than expected INFLATION print ... nothing to do with us here but if the selldown in US (sell in MAY and go away?), then we wait to buy stocks in MAY. 

In the mean time, continue to hold shorts ... and add in once confirmation ... 

TEH


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