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3 comment(s). Last comment by VenFx 2019-01-22 16:33
Posted by UnicornP > 2019-01-22 15:59 | Report Abuse
"Early morning is known as the amatuer hour."
Because retailers always do homework at night so tmr morning they will rush to buy in or panic sell. If early morning you buy in big lots, of course operator will press down the price along the day to scare you.
"Late afternoon is known as the professional hour."
Not really professional la. Just that operator will adjust their buying and selling at late afternoon to reach the price they wish as closing price.
Posted by VenFx > 2019-01-22 16:33 | Report Abuse
Sis UnicornP,
When u start your class ? I want to participate leh !
No result.
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Koon Yew Yin's Blog
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Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
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Mercury Securities Research
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BFM Podcast
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UnicornP
2,855 posts
Posted by UnicornP > 2019-01-22 15:47 | Report Abuse
Firstly a bad event like 911 or recession fear comes. Then the panic ones all exit first, left those unafraid ones holding. Then after a while interested outsiders came buying bit by bit while the fearful ones still stay sideline. So at this point the stocks will start rising again. Then until a certain high point those fearful ones came in again chasing high. And bad event happens again, cycle repeats...