Rabu, 18 November 2009

Wellcome to Abang MB - Rebounce

First, Ytc would like to take this this opportunity to wellcome Abang MB presence in this blog.

Second, Ytc would like to add on the W pattern that Abang MB mention. W pattern refer to a normal pattern of market rebounce as a whole. It could be hours, days, weeks depend on what chart we looking at. It shows a character of market which depict human psychology. If the line is declining further, then there is no W pattern at the first place. Ytc welcome Abang MB effort to come up with initiative to improve his situation. And Ytc would like to emphasize that there is no compromise for anybody to just sit down and hope for W pattern to take place without doing anything..In fact there is no guarantee that the pattern will emerge even after intensive action is being done let alone no action at all! Having said that, the right approach is to take the best shot and rip the outcome..

Look back individually, its worth to note that whats constitute certain pattern might be differ from one to the other. Depend on from what perspective we looking at and what time frame we focus on, let say 30 years back- stretch it longer and you will find yourself not on the rebounce state but actually on the bull market all this while!

Talking about ventures, Ytc believe now is the best time for Abang MB to take a driver seat and navigate the course. For all this while Abang MB has so many good plans but sorry to say that they are not being implemented. Nevertheless, Abang MB effort on the Senaling land should be given credit and hopefully a lot more will come in the future!

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