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Friday 24 January 2014

Market Forecast Update: 24 January 2014, Friday, 11.20am Singapore Time

Market Forecast Update:
24 January 2014, Friday, 11.20am Singapore Time

Those who are still holding lots of stocks:

This worldwide sell-off is still FAR FROM OVER. More damages to your portfolio to come. The longer the big hands took to accumulate their shorts (which they took), the more nasty the sell off, one which will take many weeks to roll out.

The smart monies had crept out from stocks and equities for now, and gone into metals such as Gold per warned when it was $1160-$1200.

For Gold, anything below $1300 is an under-value per reiterated in 2013.




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1 comment:

  1. donovan
    meaning we are "safe" to buy gold for now while the boys slowly accumulate the equities, indicies to a level they want before crashing it down again , right ? and time frame is about a week or so, safe to put it that way ?
    thanks for enlightening

    ReplyDelete