January Effect
Happy New Year 2009.
2008 has been a bang and exciting year for the market. This year will likely to continue the trend. We will have another shock then will most likely have the stablization. 2008 has been a nice year for me as i learn a lot of insight experience from the market and my fellow traders.
Despite of the bad market. My stock still held strongly against the tide. No doubt some of my stock taken some beat here and there, there are not servere. I closed up 30% last year 2008. I started pumping in money since the last few months of last year to boost up my account. My forex account has been doing great again since the downfall of my unfortunate event or encounter with the last forex broker account. The currently using saxo account is doing great with great security features. My forex account has up almost 20% since i open it in last year October.
For those looking for an answer of how to trade in this kind of uncharted market, I do provide personal coaching. I also provide group coaching too. Till now I only provide for people with a little knowledge which mean they either attended Wealth Academy Investor or Wealth Academy Trader program. So do apporach me to book for your personal coaching.
My personal take for the year 2009 will be down for the 1stQ and 2ndQ. Then it will start to recover for the 3rd and 4th quarter. Several sectors looking good and healthy are commodity, Infrastructure, Health Care, Old school Finance insitution, Housing and Transportation.
Lookout for the January Effect as it work tremendously last year. This year will most likely follow the same pattern too. The January Effect basically is if the month of Jan the market ended up, the rest of the year the market will ended up too. This is even so if the first 5 days of the Jan is positive. There are several ways to protect the stock. Like buying a put options to protect the stock or just by selling call you might be able to collect some rental to par off the paper losses on the stock.
This year i will kick my butts and serve you guys better with good information and tips here and there. I will want to start making a point to post something useful for you guys daily and kick start this blog.
I want to thank all of you for reading and supporting my blog. I will continue to serve you guys with Good information and grow the account with me.
