Morning to see the US selldown due to the STRONG JOBS report ... is it good or bad news? 

Well, they are speculating on the Fed reducing the pace of rate cuts. Markets are so fickle-minded—one moment hot and another very cold. 

FEAR = a buy?

Below is the weekly chart of SP500 for all to see ...

The pullback or correction is on its way ... A very bad week for me as I had to cutloss Topglove (when it went below RM1.30),cutloss Supermax, and Simeprop this week ... sigh ... I still have THREE in huge paperless to cut!! Arghh ... 

Note: whatever I want to cutloss, I'm done. The rest it is wait and see ...if reversal,I might add in or if break the support, I would have to cutloss 'larger'. 

Welcome to stock market trading when not even week-months we would be registering profits. 

So ... try to minimise our losses during BAD markets ... and wait in cash to buyback lower. 

TEH