11th JULY 2012-LOOK AT STI SUPERMAN!!BREAK OUT UPWARDS OF 1.5YEARS DESCENDING BROADENING WEDGE!!BEST PERFORMER IN THE 3 BROTHERS,USA,HK,SGP!!STI ALMOST TOUCH 3,000!!HUAT AH!!

I ALREADY SAID ON 9TH JULY 2012-"THOSE WHO SHORT HANGSENG/STI TODAY ARE IDIOTS"

SO CLEAR IT WAS A TRICK,THEY ARE SO WILLING TO FALL INTO THE TRAP?? IF IT IS NOT SO CLEAR,I WOULD NOT BE SO CONFIDENT TO CRITICISE!! I EVEN STATED THE 4 PROOFs ON THAT DAY.PLEASE LOOK BELOW FOR EVIDENCE I SAID BEFORE IT HAPPEN.

THIS IS WHAT I MEAN I DO NOT HAVE TO WORK IN ANY FINANCIAL INDUSTRY JOBS JUST TO GAIN FINANCIAL EXPERIENCE.JUST 4 WEEKS AGO, A SINGAPORE BANKER FRIEND SMSED ME "NOT OUT OUT WOODS YET".I IMMEDIATELY ASKED HIM "WHAT WOODS"? TIGER WOODS?WOODS COUGH SYRUP??SUCH A VAGUE AND GENERAL COMMENT EVEN ANYBODY KNOWS.HOW CAN CRISIS BE OVER DUE TO STOCKMARKET A FEW WEEKS SURGE?DUH! DO THESE OVER PAID ANALYSTS,FINANCIAL INDUSTRY PEOPLE NEED TO TALK SUCH CRAP???

I KNOW  "ITS NOT OUT OF WOODS YET" BUT CRISIS WONT PREVENT STOCKMARKET FROM GOING TO NEW HIGHS BEFORE COMING DOWN TO NOW LOWS SINCE 2012'S SP500 1267.EVEN WHEN YOU WAIT TILL "OUT OF THE WOODS",ARE YOU VERY SURE THERE WILL NOT BE A NEW CRISIS FROM ELSEWHERE TO BE AN EXCUSE TO SHORT THE MARKET??

WHEN I SAY "IT IS NOT OUT OF WOODS YET",I KNOW MORE IN DETAIL-THE STCKMARKET GOING TO NEW HIGHS FOR SP500 BEFORE THE 3RD HUMP ENDS,AFTER THAT THE SP500 WILL DROP BACK TO NEWER LOWS THAN THE 1267 CREATED IN MAY2012-1200-1230.I HAVE PROOF TO BACK MY PREDICTION-PLEASE GO LOOK AT MY SP500 CHART OF 10+WEEKS UP PATTERN CHART AND THE "ALGORITHM" ON TOP PART OF THE HOME PAGE.

I ALSO KNOW NO MATTER HOW MANY YEARS I WORK IN THE FINANCIAL INDUSTRY, I WONT GET AS MUCH SKILL AS WHEN I STRIKE IT OUT ON MY OWN,WATCHING THE MARKET NEAR 20HOURS A DAY.THAT IS CALLED TRUED PASSION,NOT SOME DUMB ASS WHO WORK FOR THE SAKE OF MONEY,WHINE WHEN LOSE $.WHEN I AM WRONG IN THE MARKET, I WILL SEARCH DAY AND NIGHT FOR CLUES THAT I MAY MISS.

I AM PROUD TO SAY I RECEIVE WINNINGS WHEN I AM RIGHT,AND PROUD TO SAY I LOSE $ WHEN I AM WRONG.I AM NOT SHAMEFUL AS THOSE STOCKMARKET ANALYSTS STILL GET THEIR FAT PAY DESPITE VERY SHAMEFUL,TOTALLY OPPOSITE TO MARKET PREDICTIONS.

REMEMBER THE GOLDMAN ANALYST WHO INITIATE HANGSENG BUY CALL AROUND NOV2010 WHEN HANGSENG WAS NEAR 25,000??FOR ALMOST 2 YEARS,HANGSENG NEVER EVEN SMELL ANYWHERE ABOVE 25,000.

THIS IS THE REPORT:--

Asian Stocks Gain as Goldman Upgrades Hang Seng Index Before Fed Statement

By Shani Raja - Nov 3, 2010 6:59 PM GMT+0800

• Asian stocks rose for a third day after brokerages lifted estimates for benchmark indexes in Hong Kong and South Korea and as investors awaited a U.S. Federal Reserve decision on economic stimulus.

Sun Hung Kai Properties Ltd. surged 6.6 percent in Hong Kong after Goldman Sachs Group Inc. raised its target for the Hang Seng Index. Semiconductor Manufacturing International Corp., China’s biggest chipmaker, surged 4.6 percent after reporting a second straight quarterly profit. PetroChina Co., Asia’s biggest company by market value, jumped 3.5 percent in Hong Kong after oil prices climbed. Woori Finance Holdings Co., which controls South Korea’s No. 2 bank, rose 1.1 percent.

Australian Stocks Gain After Commodities Rise

Ian Waldie/Bloomberg

.........Hong Kong’s Hang Seng Index climbed 2 percent to 24,144.67 after Goldman Sachs raised its 12-month target to 29,000, saying the city has the most to gain from extra liquidity released by quantitative easing programs and China’s growth........

Hong Kong Developers

Hong Kong has the most to gain from additional liquidity released by quantitative easing programs and China’s growth, Goldman Sachs analysts wrote in a report dated today. Property stocks such as Sun Hung Kai Properties and MTR Corp. would benefit from liquidity-driven real estate inflation, the analysts said.

Sun Hung Kai Properties gained 6.6 percent to HK$144.5. MTR, a subway operator that has real-estate investments, advanced 2.7 percent to HK$30.90.

Woori Financial rose 1.1 percent to 14,250 won in Seoul following the Deutsche Bank report, which said Kospi index gains would be driven by improved liquidity conditions and “undemanding” valuations. Dongkuk Steel Mill Co., South Korea’s No. 3 steelmaker, jumped 5.6 percent to 27,300 won.

The MSCI Asia Pacific Index, which includes Japan, has rallied 12 percent since Fed Chairman Ben S. Bernanke said on Aug. 27 more securities purchases may be warranted if growth slows. Companies in the MSCI gauge are valued at an average 14.3 times estimated profit, about the same level on the day of Bernanke’s comments.

To contact the reporter for this story: Shani Raja in Sydney at sraja4@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

ABOVE IS PROOF HOW LOUSY ANALYSTS ARE-TO BE WRONG IN STOCKMARKET IS ACCEPTABLE,NOBODY IS 100% RIGHT.BUT TO BE TOTALLY OPPOSITE.SO LATE IN THE GAME,AND WORSE,STILL RECIEVE SALARY IS VERY SHAMEFUL!!

I WILL FOREVER KEEP MY BANKER FRIEND'S 3 SMSes TO ME.

1) AUG2011,IM BULLISH,HE SMSED ME"JUST RETRUN FROM A VERY BEARISH PRESENTATION,THINK YOU ARE THE ONLY ONE BULLISH". in the end,hangseng rocket from 16K to 21760 starting October2011.

2) FEB 2012-I TURNED BEARISH AFTER DUMPING MY STOCKS IN THE JAN/FEB RALLY DUE TO THOMAS BULKOWSKI "DEFINITION OF A DEAD CAT BOUNCE".I AM ONLY AN APPLIER OF THOMAS BULKOWSKI HARD WORK,SO I GIVE HIM CREDIT.THOMAS SAID IN HIS BOOK,"ANOTHER LARGE DECLINE WILL BE EXPECTED 6MONTHS AFTER 1ST DEAD CAT BOUNCE".THE 1ST DEADCAT BOUNCE IN HANGSENG WAS THE SURGE TO NEAR 20K IN END OF AUGUST 2011.I APPLAUD THOMAS BULKOWSKI FOR SUCH AN INSIGHT!!
BUT MY SAME BANKER FRIEND SMSED ME AGAIN!!-"MAJORITY ARE BULLISH AFTER THE GREECE DEBT DEAL,IS THIS WHERE THE MARKET TURNS?"

3)JUNE 2012-WHEN I AM BULLISH,HE AGAIN SMSED ME "NOT OUT OF WOODS YET".

WHAT A JOKE!THAT IS WHY THERE IS A SAYING IN STOCKMARKET-"SHI DU JIU SU"-10 PEOPLE GAMBLE,9 LOSE.WHY??

BECAUSE OF BLIND FAITH TO NEWS/ECONOMIC DATA AND LACK OF SELF CONFIDENCE