Saturday, June 19, 2010

So you think FKLI is going down? Part II

Let me start this post with an analogy, the latest results of WC2010

England0:0Algeria


Slovenia2:2United States


Germany0:1Serbia



Oh yeah, how can I not mention the drunk French sailors being drugged by Amigo Tequilas 0:2? The last win of Mexico over France was many decades ago, but it just happened again this week before our naked eyes! LOL!! With so many upsets over the "normally good odds", Ah Longs are coming to knock on many naive gamblers' doors!! Sad, but true.

Just as naive, some traders/amateurs were having funny idea on this correlation theory of World Cup and Weak Market Performance. So the hear say was that our market would normally drift lower during past World Cups. True or Fiction? Can you show the statistics of past market's performances during WC over the period of 20 years? LOL!

Fine, say if the statistics give you a favorable odds of Shorting the market, but the problem is, statistics remain as statistics, you know what I mean. They change whenever there is new result. LOL!!

OK, last shot, say the statistics give you a 4:1 odds of winning by shorting the market. You would insist on shorting the market since you have "good" odds and history has proved that so, i.e. a sure win in the long run. Then my question to you, "Have you been shorting FKLI in every WC for the past 20yrs?" Do I sound like I care? LOL!!!


Previously:

2 comments:

  1. the fact u r sharing your trade shows u care....Great call bro

    ReplyDelete
  2. thank you mike, and it pays to bet against the herds. LOL!

    ReplyDelete