Some observations on the market

Did anyone spot the spectacular recovery by the
US indices yesterday night? Dow was down as
much as 136 points but rebounded to close up
18 points. The same thing happened to both
Nasdaq and S&P 500 as they also close up in
the positive territory after suffering early losses.
What can we observe from the recovery?
I believe that there are still reasonably strength in
the US market and I foresee that May isn't going
to be as boring and lifeless as some had expected.

Some readers asked me in Skype what do I mean
"This week is obviously going to be a "collection"
and "accumulation" week for the BBs and the real
action will start from next week when we are back
from Vesak Day holiday."?
Well, I believe that the BBs will try to buy and collect
enough stock this week and they will stage a mini
buy-up next week. The price of most stock this week
will remain stable as the BBs will try to absorb any
selling while they build up their war-chest for the
coming surge. This is my personal viewpoint right now.

Next, the responses to the Consumer Empowerment Seminar
tickets had been quite encouraging as I have given
out more than 10 tickets already.  If you are still interested
to come for the 27th May event, then please take action and
whatsapp me @ 97509878 asap. Once the 50 tickets have
been given up, that's it.