Wealth management for a general person

The market started to pointing down because all the good news have release. This is time for rest because even Obrama has gone to Hawaii to play golf. Not much people will be around to play. What should we do now? Better rest and review the result of 2008 and tried to correct our mistakes. The blog will take rest from 22 - Dec to 3 Jan 2009. HS Index close at 14622 - 3.34% - 505 005 close at 74.05 - 3.266%

The game has started last night. Oil, EUR, JPY, DOW, S&P. They rocket fire but in opposite direction. NEW YORK Future Oil : 36.18 Jan 42.09 USD 30 target! EUR suddenly drop low to 1.4070 5:45pm JPY didn't have support even rate cut 88.58 London - 63 point -1 % more All the traders start using the bad news. 10 days battles started. HS Index 15127 close Future 14995 close 005 Close 76.55 - 5.05 -6.189 Time to train our EQ. I lost one battle yesterday. One more experience gain.

17 - 18 Dec 2008 Shanghai Index + 1.97% Close @2015.69, HS Index 15497.81 +0.24% 522M Turnover. EUR climb very fast 5:53 @1.4700 Weak Weak Dollar. The Global market seems has a invisable hand holding the market? I feel really interesting as more and more bad economy news is release but the market keep in high level. That's why economist and traders has different view in different time. Now the DOW future + 53 (8853) The HSBC 005 is has pressure and close at 81.60 -3.42%. Now only the China market is better. 2823 close at 9.35 +4.353 % in one day. 30 Years Anniversary? Take a rest and leave the market?

16 -17 Dec 2008 I really glad that I am able to witness the historic rate cut decision in this century. Having an almost zero interest rate in USD. It's the last bullet in interest rate. On 16, I had already believe the traders will push up the DOW but don't know the effect is so significant +359.61 close at 8924.14 Regarding the Oil, once confirmation the Oil will cut 2M barrel, the oil gradually drop to 44 / barrel and the oil security also don't have disappointed result even the DOW climb so high, the Banking sector is the winner. On the same time, USD immediately dropped after the announcement and the EUR & JPY 1.41xx and at 5:59pm is 1.4093 &89.12 How long this rally can last? Let's wait and see. In the morning, I am still thinking how will be the +395 affect Asia Market, However, all asia markets are open high and close little bit low. HSINDEX : 15460.52 +330 2.18% the high is 15555, Japan 8658 open , 8741 high and close at 8612 I believe there will not be...

15 - 16 Dec 2008 DOW Range 8469.03 - 8676.28 have 207 point difference. Review the whole night, it is not easy to understand the trader is settle the short orders first to prepare for 16 Dec FOCM Meeting. Why? At 3:25 am, the DOW touch the lowest point of the day at 84.69 and immediately go back to 3.41 pm to 8613.75 and close at 8564. The market is started to worry about the economy, the VIX open at 55.68, in which the previous day was around 54. The range of VIX last night is 55.68 - 58.49 and close at 56.76. This is the proof that the risk alert in the market. Thus tonight, the comment of the FOCM meeting will lead the market to big swing. EUR Climbed high at 1.3700 and close at 1.3670. At 16 Dec 5:54pm it come back to 1.3636. According to the US Index, EUR may have some retreat after the FOCM decision. So please aware it. GBP also retreat back to 1.5217 @ 5:56 pm and last night the high is 1.5375. GBP has a weaker trend than EUR. Aware it. For Gold, last night with the weaker of US...

15 Dec 2008 11 Dec 2008 HSINDEX once dropped over 1000 as the Auto bailout cannot be passed in the voting and close at 14758.39 change - 855.51 - 5.48% Today 15 Dec 2008 open high at 15290 and and close at 15046. While Shanghai Index open at 1977 and close at 1964.37 even the China release 30 more stimulate economic plan. While the DOW future once at +50 at 6:15pm is -30 8660 HSBC is closed at 84.20. Think the drop may be influence by the Madoff case As US will start having the meeting on interest rate discussion, the EUR will be keep on uptrend. am 1.3435 at 6:15pm 1.34728 In the current stage, better not to do anything in US market as there is no clear direction. The VIX is around 55 and approaching 50. Besides, even the Auto bailout and the interest rate cut is confirmed. In the long run, both the US economy and USD are weak. In this stage, we can start to evaluate whether the money should stayed in good company bonds because the government yield is really low. The security market d...

10- 11 Dec 2008 The Pirate keep on maintain the stage. HSBC close at London 765 is around 87.xx However in the morning, it open only 85.5 and keep on manipulate it till 87.25 close. They use it to play around the HS index. Aware the performance of the China Mobile and HSBC. HSINDEX 15613.9 +36 (+0.23%) Future 15518 -102 under 96 Based on the Index chart. The uptrend will not last too long. Keep on reducing the quantities is better. For US, the VIX seems find the bottom, Better buy some short ETF tonight. The Automobile bailout will not be the support for up trend. Dow future - 30 8682 at5.55pm HK Time Remember some figures will come out tonight US Market 8:30 a.m. Initial Jobless Claims For Dec 6 Week: Expected: +11K. Previous: -21K 8:30 a.m. Oct Trade Balance: Expected:52.5B. Previous: 56.47B 8:30 a.m. Nov Import Prices: Previous: -4.7% 10:00 a.m. DJ-BTMU Business Barometer For Nov 29: Previous: +0.3% Aware the USD. According the USD index. The trend seems not so good. The EUR has cli...