Market Review and Trends
Prepare yourself mentally for bear market
By Bully The Bear  •  October 17, 2014
For those of you who had not seen a real mother bear striking down at the market, here's a sneak preview from the past. Unfortunately, I've lost some of the pics when the server I've uploaded them crashed and died. The pictures I saved is meant to serve as a reminder for me when the next bear comes...which might be now. This one is taken from 2009 Sept 10.
Just look at the Nasdaq and SP500, you'll see why we haven't reached 'there' yet. This one is for STI. A drop of 5.61% in one day is no joke.
Lastly, this is for the rest of the exchange. As you can see, it's not called the global financial crisis for fun.
Can you stomach this kind of draw-downs in your portfolio value? Surviving is one thing. You must also thrive in this environment. That's how the cash-rich gets ......
Read the full article
By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance