SUMMARY OF ALL SP500 UPTRENDS AND CONSOLIDATIONS




THANKS TO YOU ALL-MY PAGEVIEWS SKYROCKETED IN JAN2012,ONE MONTH ALONE is EQUAL TO 6MONTHS OF

PAGEVIEWS!!A BIG THANK YOU

SINCE THIS THREAD "SUMMARY OF ALL SP500 UPTRENDS AND CONSOLIDATIONS" THREAD IS SO POPULAR,THE HIGHEST VIEWERSHIP,I PUT IT IN THE FRONT PAGE

SUMMARY OF ALL SP500 uptrends and consolidations

UPTRENDS-

1. Mostly 10weeks,although some may be 9,11,12.how to recognize?--uptrend "mysteriously" maintained by a diagonal uptrendline connecting the lows of that 10weeks uptrend

2. 1st and last(10th) week always end in surges of aorund 3-6%with the least 1st week gain was 2.7%.The humpy uptrend will "mysteriously" start and end with surges up.

3. If the (X-1)th 10+weeks end below a fibo of the 1576-666 range,THEN the next,Xth, 10+weeks will end AT THAT FIBO.

4. If the (X-1)th 10+weeks end ABOVE a fibo of the 1576-666 range,then the NEXT,Xth, 10+weeks will end AT THE NEXT HIGHER FIBO.

5. Every year's end, at the last trading day of the year,sp500 will end near a fibo of 1576-666 range.

6. Every 10+weeks uptrend will start AFTER a double testing of the diagonal uptrend line formed by the humps from july 13th week 2009.

7. The uptrend in the secular bear market,before breakout 1576, will be a "humpy" ride,whereby i forecast a total of 4 humps to test 1576.

8. After the sp500 breaks out of the 1576 resistance,the diagonal uptrendline will be much sharper than the uptrendline of the 4 humps.

9. The peaks of each hump will occur at AROUND 350-360 POINTS ABOVE THE CORRECTION TESTED FIBONACCI.

10. 2009 REPLICATE 2003,2010 REPLICATE 2004,2011 REPLICATE 2005,SO ON--I mean the closing values and their respective fibo,

CONSOLIDATIONS-CORRECTIONS AND RETRACEMENTS

1. Every correction will have one week of huge plunge about 100points in sp500

2. every Long/HUGE weekly plunge of around 5-8% in the sp500 will be met with a return to the start BEFORE the huge plunge(weekly open) of THAT LONG WEEKLY DOWN CANDLEBODY in 23 to 24 weeks

3. After the peak of each hump has been achieved,there will come a plunge BACK to the fibo of 1576-666 range.---------

eg. 1st hump ended at 1219,near 61.8%,then sp500 plunged back to retest the 38.2%,before the NEXT hump will be formed

eg. 2nd hump peaked at 1370,near the 78.6%,then sp500 plunged back to retest the 50%..so on..

1st correction went to the 38.2%,1013, lowest 1010 and built a base around 1065

-took 24 weeks to reach the open of the HUGE weekly plunge of 120points,week of MAY 3RD 2010

-dropped a total of 210points-2nd week from the top of the 4th 10+weeks uptrend pattern 1217,was the huge weekly plunge

-took 8weeks to hit the lowest point 1010

2nd correction went to 1074 lowest,BUT built a base around the 50% fibo,1120.

-took 23 weeks to reach the open pf the 2nd HUGE weekly plunge of 120points,week of August 1, 2011

-dropped a total of 270points from 1344 and 300points from the HEAD peak 1370

-the huge weekly drop also happened in the 2nd week from the 5th 10+weeks uptrend pattern close peak of 1344.,the LEFT SHOULDER OF THE head and shoulders

-took 9weeks to hit the lowest point 1074

THIS IS THE NEW AND IMPROVISED VERSION OF THE MOST POPULAR POST IN MY BLOG


LET US RECALL THE LIES OF MEDIA OR PEOPLE WHO DON'T KNOW HOW TO EXPLAIN

1)DATA GOOD,COMPANIES EARNINGS GOOD,INDEX DROP= "FACTORED IN" OR "LESSEN STIMULUS HOPES"

2)DATA BAD,COMPANIES EARNINGS BAD,INDEX RISE="INCREASED STIMULUS HOPES"

3)WHEN USA CRISIS CAME,FULL OF CDO SHIT PROBLEM,NO1 KNOWS THERE WILL BE A EUROPE CRISIS IN 2009.THEN CAME EUROPE CRISIS.

4)WHEN EUROPE CRISIS BECOME STALE NEWS,FOCUS SHIFT TO LIBYA GADDAFI TO "EXPLAIN" DROP IN USA MARKETS

5)THEN AFTER GADDAFI NEWS BECAME STALE,THEY SHIFT BACK TO EUROPE AND CHANGE TO "AUSTERITY" SHIT

6)THEN AFTER EURO AUSTERITY NEWS BECOME STALE,THEY SHIFT FOCUS BACK TO USA AND INTRODUCED "FISCAL CLIFF" SHIT JUST BECAUSE BERNANKE MENTIONED FISCAL CLIFF

I "LOVE" THEIR SHIT.EVERYTIME THE STORY BECOMES OLD AND STALE,SOMETHING NEW WILL POP OUT AND THE OLD ONE WILL NEVER BE MENTIONED AGAIN-SINK INTO OBLIVION!!

1ST CDO,LIBYA,AUSTERITY,NOW FISCAL CLIFF.NEXT FUCK YOU!!DID CDO SHIT RESURFACE AGAIN NOW?WHO REMEMBER GADDAFI,LIBYA PROBLEMS SUDDENLY SOLVED FOREVER??

GRANDMOTHER STORY SPINNERS FUCKERS.


19th October 2013
NEPTUNE ORIENT LINES ROBOTIC PATTERN
1) BASE
A-
WEEK oF 17 NOVEMBER 2008—0.93
Week of 9 March 2009—0.85
DOUBLE BOTTOM HIT
3+ MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED +182% IN
1YEAR,1 MONTH, HIT NEAR 2.40 IN APRIL 2010
2) BASE
B-
Week of 22 August 2011—0.98
Week of 21 November 2011---0.995
DOUBLE BOTTOM HIT
3 MONTHS APART BETWEEN
1ST AND 2ND BOTTOM
RALLIED +53% IN 3
months.HIT 1.515 IN 20 FEBRUARY 2012 WEEK





3) BASE
C-
Week of 23 July 2012—1.05
Week of 19 November 2012---1.05
DOUBLE BOTTOM HIT
3+ MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED +30% IN 1.5months.HIT
1.36 IN 7 January 2013 WEEK

4) NOW,IT
IS BASE D TIME
Week of 10 June 2013—1.025
Week of 26 August 2013---1.025
DOUBLE BOTTOM HIT
Near 3 MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED ????% by
??????








N.O.L-NEPTUNE ORIENT LINES-N03.SI (WEEKLY CHARTS) YEAR 2006:6 NOVEMBER TO 1ST JAN2007: 1.77 TO 2.20 (+43c) YEAR 2008:17NOVEMBER TO 5JAN2009: 0.84 TO 1.175 (+33.5c) YEAR 2009:2NOVEMBER TO 11JAN2010: 1.51 TO 1.94 (+43c) YEAR 2010:22NOVEMBER TO 3JAN2011: 2.07 TO 2.40 (+33c) YEAR 2011:21NOVEMBER TO 30JAN2012: 0.995 TO 1.43 (+43.5c) YEAR 2012:19NOVEMBER TO 7JAN2013: 1.055 TO 1.36 (+30.5c)



Friday, November 29, 2013

29th november 2013-detailed research on MERCATOR LINES LIMITED SINGAPORE

DETAILED RESEARCH ON MERCATOR LINES LIMITED SINGAPORE AND ITS RELATIONSHIP WITH CHINA SSE AND USA SP500 AND BALTIC DRY INDEX,BDI
PART 1:WAIT FOR SP500 TO DOUBLE BOTTOM
LOWS OCT-NOV 2008
MERCATOR
0.115

SP500 lows 741---NOV2008

BDI LOWS DEC2008
666

LOWS  MARCH2009
MERCATOR
0.115

sp500 lows in march2009
666


BUT BDI IN MARCH 2009 WAS
1800-1900

AFTER THE 2ND BOTTOM IN SP500 WAS HIT,MERCATOR SURGED TO MAKE UP FOR LOST GROUND IN THE BDI SURGE FROM 666 TO 1800 UNACCOUNTED FOR.

1ST PEAK

SAME TIMING HIT

JUNE2009
MERCATOR.445

JUNE2009
BDI 4300

PART 2:WAITING FOR BDI TO DOUBLE BOTTOM

OCT 2011:
MERCATOR LOWS 0.115(DUE TO SP500 CORRECTION)

FEB2012:BDI WENT TO 647,DOUBLE BOTTOM WITH DEC2008 666

NOV2012:
MERCATOR LOWS 0.11(DUE TO SHANGHAI COMPOSITE NEW LOW 1959 IN NOV2012)


SO AFTER SSE LOW HAS BEEN HIT AND BDI 2X BOTTOM,MERCATOR SURGE UP TO 0.14 BY JAN2013.

2ND PEAK(SAME TIMING OF BDI PEAK WITH MERCATOR PEAK)

JAN2013:BDI 1100+
MERCATOR 0.14

PART 3:WAITING FOR CHINA TO DOUBLE BOTTOM AT 2000s,BEFORE CHINA SSE BREAKOUT OF 4+YEARS BUMP-RUN DOWNTREND RESISTANCE TRENDLINE AT AROUND 2200-2230

JUNE 2013-SSE BOTTOMED AT 1849,LOWER THAN NOVEMBER 1959,HENCE MERCATOR DID GO LOWER THAN 0.11 TO 0.095

AUG2013 LOWS:MERCATOR
0.095
AUG 2013:ALSO A LOW(after run up)IN BDI:
AROUND 1000POINTS
AUGUST 2013 ALSO A LOW(after run up) IN CHINA SSE
2029

NOVEMBER 2013 LOWS:MERCATOR
0.101
NOVEMBER 2013 ALSO A LOW(after run up) IN BDI:
AROUND 1500 POINTS
NOVEMBER 2013 ALSO A LOW (after run up)IN CHINA SSE
2079

AS EVIDENCE HAS SHOWN-IT EXPLAINS WHY SHIPPING STOCKS IF RALLY UP,WILL BE VERY FAST AND HUGE.BECAUSE OF ITS NATURE OF "OBEYING ALL 3 MAJOR INDICES",1)CHINA SSE, 2)USA SP500, 3)SHIPPING RATES BDI

FOR THE TIMING OF ANY 2 "PARTNERS" TO BE IN UPTREND MODE*(after a 2x bottom in one partner),THEN SHIPPING STOCKS WILL SURGE UP VERY FAST AND HUGE TO "COMPENSATE FOR THE LONG WAITING TIME FOR THE HEAVENLY COORDINATION BETWEEN ANY 2PARTNERS,waiting for one to hit a 2x bottom."

AS MERCATOR LINES IS AN ASIAN ORIENTED SHIPPING LINE,HENCE IT MUST LISTEN TO CHINA SSE AS WELL AS USA SP500 AND ALSO ITS BALTIC DRY INDEX.USA SHIPPING STOCKS HAVE ALREADY SURGED UP,much more than mercator lines singapore IN 2013 AS THEIR TENDENCY TO "OBEY CHINA SSE" IS LOWER THAN ASIAN SHIPPING STOCKS.

THANK YOU
GOOD AFTERNOON IN USA AND GOOD MORNING IN ASIA

shareswizard
29th nov 2013
2.26am singapore time




 

 

29th nov 2013---THE BELOW REPORT IS EXACTLY REFLECTIVE OF MY 27TH NOVEMBER POST

REMEMBER MY 27TH NOV 2013POST??
HANGSENG 2006 TO 2007 IS A EXACT REPLICA OF SP500 2013 TO 2014,THE DATES R A LITTLE DIFFERENT, BUT THE OVERALL SHAPE IS A EXACT PHOTOCOPY!!!!!

this is a report that reflects the reality of sp500 position now.

This market bubble is just getting started

Text Size
Published: Monday, 25 Nov 2013 | 3:43 PM ET

By: Jeff Brown, Special to CNBC.com
 
Based on corporate earnings projections, stocks still have plenty of room to rise. That's the message from Wharton finance professor Jeremy Siegel. Currently around 16,000—a record Siegel predicted way back in January—the Dow could go to 18,000, though Siegel says it's impossible to predict how soon. Earnings are up 10 to 12 percent this year, and are predicted to rise around 8 percent next year. Historically, great years like 2013 tend to be followed by pretty good years.
Still, corporate America has been squeezing profits from a stone, given the lackluster economic growth, and there are no signs of any dramatic change coming soon. The Federal Reserve of Philadelphia said today that 42 forecasters in its survey predict growth at an annual rate of 1.8 percent this quarter, down from their previous estimate of 2.3 percent. For the first quarter of 2014, they're now calling for 2.5 percent, down from 2.7 percent estimated earlier.
Quotes:
"It doesn't mean that we're going to get there right away or we're going to get there in a straight line. We've had a long time without even a 10 percent correction... [But] I don't think this bull market is over yet."—Wharton finance professor Jeremy Siegel
"We reiterate our belief that the great equity rotation, which we first discussed in August of 2012, is unfolding and there is no alternative to equities."—Craig W. Johnson, technical market strategist at Piper Jaffray
The torch is passing at the world's biggest retailer. Wal-Mart CEO Mike Duke will retire early next year to be replaced Feb. 1 by Doug McMillon, who, as chief of the company's international division, currently oversees 6,300 stores in 26 countries. McMillon, who'd been considered a likely candidate, is described as a calm leader unlikely to make dramatic changes. Still, some questioned the wisdom of announcing a leadership change at the start of the biggest shopping season of the year.
Quotes:
"I would bet that very little would be different. I think that's part of why the stock's barely moving at this point. It's going to be a seamless transition."—Joe Feldman, a senior retail analyst at Telsey Advisory Group
"As someone who follows retail closely, this is not the time to change horses so to speak."—CNBC's Jim Cramer
 
They still call the day after Thanksgiving "Black Friday," and retailers still count on the Thanksgiving-to-Christmas weeks being their biggest-grossing period, but it's just not what it used to be. In fact, red might be the dominant color—red for sales tags fixed to more merchandise earlier than ever.
Ever since the Great Recession began six years ago, retailers have been forced to offer better and better deals to lure shoppers, eating into profits. Wal-Mart, Target, Kohl's and more than two dozen other chains have recently lowered their profit outlooks for the fourth quarter of the year. One prevalent marketing ploy: promise to match competitors' prices. The economy's modest improvements just haven't been enough to boost consumer confidence.

"Stores know that they are well into a fight."—Ken Perkins, president of the research firm
Companies desperate to satisfy consumers should heed the Naughty & Nice list compiled by Consumer Reports. While not a thumbs up or down on an entire company, the list presumably reflects what consumers like and don't like.
On the naughty list: Amazon, for raising by $10, to $35, the purchase required for free Super Saver shipping; BJ's Wholesale Club, for refusing returns on perishable items like food and flowers; and Fry's Electronics, for refusing refunds on TVs 24 inches or larger.
On the nice list: Citibank, for not charging a late fee on its Citi Simplicity card; Consumer Cellular, for not tying customers to contracts and for offering a money-back, no-questions-asked guarantee; and Southwest Airlines, for not layering on fees for flight changes.
—By Jeff Brown, Special to CNBC.com
 

Wednesday, November 27, 2013

27TH NOV 2013-ROLES REVERSED!!!HANGSENG2006-2007=SP500 2013-2014!!


ROLES REVERSED---PLEASE REFER TO THE HANGSENG2006-2007=SP500 2013-2014 CHART ON THE RIGHT..
THE FOLLOWING BELOW ARE THE COMMON CHARACTERISTICS

Similarities

1) each bottom is higher than prev bottom

2) each top goes higher than prev top

3) hangseng,each low bounces off the prev top

4)sp500 each low also bounces off prev top, other than the 2nd low as 2nd low is very close to 1st low.this phenomenon is replicated in the double top seen in sp500 1423 and 1475.

5) each steeper gradient of uptrend starts with the bounce off its index resp year2000 peak, hsi 18400 and sp500 1530

6) the merging of the flatter and steeper uptrendlines is always at year2000 peak and with a double bottom.

Thursday, November 14, 2013

14th November 2013---NOL,NEPTUNE ORIENT LINES "ROBOTIC" PROGRAMME FROM 2004 TO 2012 NOVEMBER TO JANUARY

2004

November Lowest--Nov3 AND 30 SAME $2.655,DOUBLE BOTTOM

Lowest in DECEMBER---13DECEMBER 2004, $2.619

Highest in WEEK OF JAN31,2005---4TH FEB,$3.323

PEAK IN 7MARCH 2005---$3.865

Total gain from november lowest to week of january of highest---$0.668

2005
November lowest----Nov15 2005,$2.538
Lowest  in---November

Highest in December---DEC7,2005,$3.161
JANUARY--- DOUBLE TOP-- $3.12

Peak in DECEMBER 2005

TOTAL GAINS FROM NOVEMBER LOWEST TO JANUARY HIGHEST: $0.60

2006
November lowest----Nov6--$1.77  Nov23,1.788

Highest in JANUARY--DOUBLE TOP---Jan15 and Jan 22 $2.285

PEAK IN JULY 16, 2007--- $5.78

TOTAL GAINS FROM NOVEMBER 2006 LOWEST TO JANUARY HIGHEST---$0.51

2007

N.A.  DUE TO SUBPRIME

2008

November lowest---21November----$0.84

Highest in December---$1.237

January highest--DOUBLE TOP---$1.174---7Jan

PEAK IN DECEMBER2008

TOTAL GAINS FROM NOVEMBER LOWEST TO JANUARY HIGHEST--$0.335

2009

November Lowest---$1.51(november 4th and 30th and DECEMBER 10th,11th,14th,15th

Highest in january--$1.94(january 14th,2010)

PEAK IN APRIL 2010---APRIL 15TH

TOTAL GAINS FROM NOVEMBER LOWEST TO JANUARY HIGHEST:$0.43

2010

November Lowest-$2.07, 24November

Highest- 5January,2011---$2.40

Peak in JANUARY2011

TOTAL GAINS FROM NOVEMBER LOWEST TO JANUARY HIGHEST IS $0.33

2011

November lowest---$0.995---21NOVEMBER 2011

January highest---week of JANUARY 31,2012--FEBRUARY2---$1.46

PEAK IN FEBRUARY 2012---$1.515---20FEBRUARY

TOTAL GAINS FROM NOVEMBER LOWEST TO "JANUARY" HIGHEST IS $0.465

2012

November lowest----$1.055---November21,2012

Highest in JANUARY---$1.36---JANUARY11

PEAK IN JANUARY 2013

TOTAL GAINS FROM NOVEMBER LOWEST TO JANUARY HIGHEST IS $0.305


SIMILARITIES OF THIS ALGORITHM:

1)NOVEMBER LOWEST TO JANUARY OR EVEN 1ST WEEK OF FEBRUARY,NOL RISE 30-60+C

2)IF BOTTOM IS IN 1ST WEEK OF NOVEMBER,THERE WILL BE ANOTHER SAME BOTTOM IN END NOVEMBER.

3)MAJORITY BOTTOM IS IN 3RD WEEK TO LAST WEEK OF NOVEMBER--NAMELY,15TH (1X), 21ST (3X), 23RD (1X), 24TH (1X), 30TH (2X)

4)IF BY JANUARY END,NOL IS UNABLE TO GO ABOVE DECEMBER HIGHEST PRICE,THEN DECEMBER WILL BE THE PEAK.

 

Wednesday, November 13, 2013

13th november 2013-watch out for nol today!!

said at 12.48am,NOL WILL RISE TO 1.15 MAX,FROM 1.06,ON 13TH NOVEMBER 2013 ONLY IF SHANGHAI COMPOSITE SURGE 2-3% IN ONE DAY.

THE ONLY IF CONDITION IS A MUST TO BE FULFILLED.

BOTH JUNE18 AND SEPT5 DAYS NOL SURGE BOTH OPENED AT 1.06!!

TODAY ,NOVEMEBR 13TH MIGHT ALSO BE THE SAME!!!!!!

Tuesday, November 12, 2013

12th november 2013-classic bottoming signal,using "real terms"

in my earlier posts,i mentioned QUOTIENT (sti/nol) in NOVEMBER 2013 IS VERY VERY CLOSE TO ALL TIME HIGH,3200(IN SEPTEMBER 1998,STI800/NOL0.25),MEANING NOL IS AT ALL TIME LOW.

NOL AT 1.05,STI AT AROUND 3200 IS EQUAL TO THE TIMES WHEN NOL AT 0.25,STI AT AROUND 800.THIS MEANS THAT NOW NOL "REAL VALUE" IS BACK TO THE TIMES OF 1998,TAKEN AWAY THE "NOMINAL INFLATIONARY VALUE" OF THE STI=GENERAL MARKET).

THE QUOTIENT IS NEVER SO HIGH BEFORE,NOT EVEN THE MARCH 2009,SEPT2001,SEPT2002 LOWS,MEANING NOL IS NEVER SO LOW BEFORE IN "REAL TERMS".

PLUS THE "HEAVENLY COORDINATION" OF NOL 3 DIFFERENT BASES IN 3 YEARS,NAMELY BASE A IN 2011,BASE B IN 2012 AND NOW BASE C IN 2013.

BASE A,THE QUOTIENT STANDS AT AROUND 2700

BASE B,THE QUOTIENT STANDS AT AROUND  2700.

BASE C,NOW THE QUOTIENT GETS DRAGGED UP TO 3000+,WHICH IS IN MY VIEW,"PURPOSELY" DRAGGED 3YEARS TO GET THE REAL VALUE OF NOL IN 2013 TO BE SAME AS REAL VALUE OF NOL IN 1998,A CLASSIC FINAL BOTTOMING SIGNAL!!

Monday, November 11, 2013

11th november 2013-billionaire invests at lows while working class chase assets at highs...

Billionaire Ross Raises $100 Million to Expand Shipping Bet

Wilbur Ross, the billionaire investor in struggling industries, raised $100 million to buy ships hauling coal, iron ore and grains, betting that accelerating growth in emerging markets will boost trade.
WL Ross & Co. and its partners ordered four Ultramax vessels with options for four more, Ross said by phone today. He declined to name the other investors in the venture, Nautical Bulk Holdings Ltd. The ships will be delivered in 2015 by China’s Jiangsu Hantong Ship Heavy Industry Co.
Enlarge imageBillionaire Wilbur L. Ross

Billionaire Wilbur L. Ross

Billionaire Wilbur L. Ross
Simon Dawson/Bloomberg
Billionaire and WL Ross & Co. LLC Founder Wilbur L. Ross said that “one of the unfortunate things in today’s society is that capitalism has become to many people a dirty word.”
Billionaire and WL Ross & Co. LLC Founder Wilbur L. Ross said that “one of the unfortunate things in today’s society is that capitalism has become to many people a dirty word.” Photographer: Simon Dawson/Bloomberg
June 20 (Bloomberg) -- Billionaire Wilbur Ross, chairman of WL Ross & Co., discusses Federal Reserve monetary policy, U.S. shale gas production, U.K. banks and the outlook for the container shipping industry. He speaks with Anna Edwards on Bloomberg Television's "The Pulse." (Source: Bloomberg)
Enlarge imageBillionaire Wilbur Ross

Billionaire Wilbur Ross

Billionaire Wilbur Ross
Simon Dawson/Bloomberg
Wilbur Ross, billionaire and chief executive officer of WL Ross & Co. LLC.
Wilbur Ross, billionaire and chief executive officer of WL Ross & Co. LLC. Photographer: Simon Dawson/Bloomberg

The 65,000 deadweight-ton ships will have fuel-efficient designs and be equipped with their own cranes, allowing them to collect and unload cargoes in less-developed ports, Ross said. The company may buy more ships, he said. Ross’s company also has stakes in tankers that haul refined fuels and liquefied petroleum gas. Private equity firms invested $4.32 billion in shipping so far this year, the most since at least 2008, according to Marine Money, an industry researcher and publisher.
“Since we think a lot of the demand for dry commodities is going to develop in the emerging markets, we think they’re well-suited to that,” Ross said by phone. Shipping rates will recover by the time the new ships are built, he said.
The Baltic Dry Index, a measure of costs to ship iron ore, coal and grains, more than doubled to 1,581 this year, rebounding from the lowest annual average since at least 1993, according to the Baltic Exchange, the London-based publisher of freight rates. World trade in dry-bulk commodities will expand 5 percent to a record 4.5 billion metric tons next year, estimates Clarkson Plc, the world’s largest shipbroker.

New Vessels

Rates slumped since 2008 as owners ordered too many ships before the global recession. Outstanding contracts for new bulk carriers equal 18 percent of the existing fleet, down from as much as 74 percent in 2009, according to data from IHS Maritime, a Coulsdon, England-based research company.
The cost of a new China-built Supramax, a dry-bulk vessel typically fitted with cranes and in the same size range as the ones Ross ordered, rose 5.7 percent to $28 million this year, according to Simpson, Spence & Young Ltd., the world’s second-largest shipbroker. That’s heading for the first annual gain since 2010 and the biggest since 2007.
Ship owners spent $13.1 billion on new bulk carriers as of September, compared with $9.6 billion in all of 2012, Clarkson data show. Investment in Handymaxes, also in the same size range as Ross’s Ultramaxes, more than doubled to $4.4 billion, according to the shipbroker’s figures.

Shares Gaining

The 12-member Bloomberg Dry Ships Index rallied 22 percent this year, compared with a 16 percent advance in the MSCI All-Country World Index of equities. The shipping index is still 83 percent below its 2007 record.
Ross was part of a group of investors who spent $900 million on 30 oil-product tankers in 2011. His company also has a majority stake in Navigator Holdings Ltd., which controls one-third of the world’s midsize LPG carriers.
Economic growth in developing countries will accelerate to 5.1 percent in 2014 from 4.5 percent this year, compared with 3.6 percent globally, the International Monetary Fund estimates. Imports will expand 5.9 percent and exports will grow 5.8 percent, compared with 4.0 percent and 4.7 percent in advanced economies, according to the Washington-based lender.
World trade in iron ore, the biggest commodity transported by sea after crude oil, will rise 7 percent to 1.27 billion tons in 2014, with China accounting for 88 percent of the increase, Clarkson estimates. Shipments of coal used for power generation, the next-largest cargo, will advance 4 percent to 897 million tons, with Chinese and Indian demand amounting to 62 percent of the gain, data show.
To contact the reporter on this story: Isaac Arnsdorf in New York at iarnsdorf@bloomberg.net
To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

my comments:

the vulture investor wilbur ross invests almost a billion dollars into the 13year shipping cycle low industry whereas working class are chasing multi year highs properties just for the sake of marriage,family,etc.

i know the working class will attack my post as "oh,wilbur ross is so rich,he has more than enough money to buy other asset classes at lows,whereas i only have enough money to buy a flat for my family."

This is indeed a wrong type of thinking.this is precisely why majority just cannot buy low sell high.To buy low sell high,one must have an investor mindset,willing to forego OR postpone anything in life JUST FOR THE SAKE OF BUY LOW SELL HIGH.

There is no point to chase already OVER-inflated assets and see it "ding dong" in a range for the next 10-20years.Imagine the massive amount of interest accumulated over the years.

i am a living example.i bought property when majority do not value it.now after property prices skyrocket,then the majority feel a sense of urgency that if you do not buy it now,you cannot buy it at this price in the near future!!this is a warped thinking and this is the reason why the book"the property clock" says the family minded person is always the LAST TO BE IN the property cycle!!

thank you.i rest my case

Wednesday, November 6, 2013

6th november 2013-NEPTUNE ORIENT LINES WAS "MYSTERIOUSLY RESCUED" AT $1.05

WHY $1.05??

IM NOT TALKING ABOUT TRENDLINE SUPPORT,BLAH BLAH,MACD,RSI,ETC..

IM TALKING ABOUT THE FROM NOVEMBER LOWS TO JAN MAXIMUM PUMP UP AMOUNTS ARE ALTERNATING

2006:+43C

2008:+33C

2009:+43C

2010:+33C

2011:+46C

2012:+31C

2013:IF BASED ON THIS ALTERNATING ALGORITHM IN NOL TRADING PATTERN,WE SHOULD GET THE PROJECTION OF 43C TO 46C BY END OF JANUARY 2014 TO 1.05+0.46=1.51!!!

1.51 IS ALSO "COINCIDENTALLY"  THE MAXIMUM VALUE OF THE FORMATION,PEAK OF THE 2012 FEBRUARY!!

AMAZING ALGORITHM!!!!!!

 

6th november 2013-hangseng divergence from sse,is JUST THE SECOND STEP OF UPTREND.THE 3RD AND FINALE UPTREND WILL BE ALWAYS A MASSIVE ONE-BOTH CHINA AND USA UPTREND TIMINGS WILL COINCIDE TO "BOOST" HANGSENG AND STI





HANGSENG INDEX REFUSED TO PLUNGE DESPITE SHANGHAI COMPOSITE PLUNGED NEAR 50% FROM 3478 TO 1849.THE FINAL UPTREND WILL BE A MASSIVE UPTREND IN HANGSENG BROUGHT ABOUT BY BOTH TIMINGS OF UPTREND OF CHINA AND UPTREND OF USA COINCIDE
HANGSENG MAXIMUM WILL BE 32-34K


 

HANGSENG INDEX

SHANGHAI COMPOSITE