Breaking: OCT Coming. THE BIG STOCK SELLOFF Begins

[ahleebabasingaporethief]

Stocks worldwide are under selling pressure
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[pachinko]

Commonsense will tell us that the stock market will continue its upward spiral. No government will want a crash after spending so much efforts to spruce up their economies. The US for sure will not allow it to slide , already a recession earlier part of this year had caused so much uncertainty , now that it is recovering feverishly , every effort will be put in to see it strngthen again.

The October myth is unfounded , it is different from past history , a new era for the stock market world wide even if it's not so fast for the western globe.
Stocks have gone into unchartered territory , everybody is so bullish , it takes alot to kill the strong belief that times have changed for the better.

You alone , cannot cause the market to collapse in october because of your short selling , cover before you get burnt. 3 days of falling will be rewarded with a strong burst soon in the DOW, the Cow is asleep and the BULL rules now.

 

[shOUTloud]

Commonsense will tell us that the stock market will continue its upward spiral. No government will want a crash after spending so much efforts to spruce up their economies. The US for sure will not allow it to slide , already a recession earlier part of this year had caused so much uncertainty , now that it is recovering feverishly , every effort will be put in to see it strngthen again.

The October myth is unfounded , it is different from past history , a new era for the stock market world wide even if it's not so fast for the western globe.
Stocks have gone into unchartered territory , everybody is so bullish , it takes alot to kill the strong belief that times have changed for the better.

You alone , cannot cause the market to collapse in october because of your short selling , cover before you get burnt. 3 days of falling will be rewarded with a strong burst soon in the DOW, the Cow is asleep and the BULL rules now.

Nothing ever changes. Humans are doomed to making the same mistakes over and over again.

 

[denzuko1]

Technically speaking. STI has broken its trendline and should be going down, and I doubt it is a correction. It is more like a reversal.

 

[Naturefarm2]

I belive this is a Physiologic effect rather than the actual company performances now.
Everyone think that Sep/oct stock will be going thru correction so everyone think that it might happen again. For example in HK, whenever adam change star a movie, the stock market crash!

Ting Hai Effect controveries
Main article: Ting Hai Effect
The show, which is centered around the bustling stock market during the early 1990s, has been studied by international stock brokers for its peculiar effect on the global stock market trend. It is said that every time an Adam Cheng series is aired on TV, the stock market would inexplicably dropped.[4] The effect, known as the Ting Hai Effect, is a hot topic among stock brokers in general. During the 1992 broadcast of the show, the HK stock market dropped 1200 points in just one month.[5] In a 1992 interview fellow actor Derek Kwok said that he did not believe in the Ting Hai Effect phenomenon series. In 2009 when Kwok recollaborated with Adam Cheng in the TVB series The King of Snooker, and the Hang Seng Index dropped 600 points again.[2] The show was (and still is) the subject of many controversies amongst Hong Kong people.



Perception is reality! that all. Its all in the mind.

 

[chewed]

if mkts go down and we all get stuck in recession again you very happy is it? what an idiot...

 

[DOM the Clown]

Stocks worldwide are under selling pressure
​

It had started last Thursday from the technical point of view. Time to make some money!