If history is by any guide,MACD indicator (and other major ones) are actually have a dead cross near 28/Sep 1987 and 7th Oct 1987, which warned everyone long there. But Now, DOW just had its major indicators crossed lovely at the bottom, this is Point One. And Before that, people actually did their business as usual, without any panic selling like previous 2 weeks in US. I think only a lot of evidents(N>=30) can establish one point from statistical point of view. Hope there are other more evidences to convince people :)

my point is not that history will repeatmy point is to remind ppl of risk. anyway, we hav to be consistent in our logic to invest/speculate, i.e Why do we look at charts n technical indicators if we dun look at this? ^_^ (My taking is we dun look at either seriously, but i could hav argued the same thing 10 or 28 days ago n things panned out well, errr..against me)

no point justifying ur rational by what has happenedif u hav oppty making less risky money, no point having so much courage. i hold my view this is not the time to take big view of mkt n pair/event trading shld dominate.

this is generally true but not always truen yet again it missed the point - u shldnt have fear at the wrong time doesnt mean u shouldnt hav fear my view is, as posted below n in msg to speculist, neutral on singapore mkt. (but this doesnt mean i dun buy) great investor takes long term view, which i dun doubt, but are do u think they "bottom fishing" now (if this is really the bottom)? ^_^ i suspect they probably hav built positions a few years back.