By Steven Russolillo

trading guru

1)week starting may 4th 2009,9th week

sp500 9th week: up50points,+5.8%
hangseng up 1869points,+12%

2)week starting sept14,2009

sp500 10th week:up 26points,+2.5%
hangseng up from 21161 to 21623,+462 points,+2.3%

3) week starting jan 4th 2010

sp500 10th week:up 30points from 1115 to 1145,+2.7%
hangseng up from 21876 to 22296,+420points,+1.9%

4)week starting april 19 2010

sp500 10th week:up from 1192 to 1217,+25points,+2.1%
hangseng down from 21865 to 21244,-620points,-2.8%
BECAUSE SHANGHAI COMPOSITE CRASHED FROM 3130 TO 2983:-4.7%

5)week starting Nov1 ,2010

sp500 10th week:1183 to 1225,+42 points,+3.5%
hangseng up from 23096 to 24876,up 1780,+7.7%
BECAUSE SHANGHAI SOARED FROM 2975 TO 3129-+5.2%

6)week starting Jan 31st 2011
sp500 10th week:1276 to 1310,+34 points,+2.7%
hangseng up from 23617 to 23908,+1.3%

BUT BECAUSE IN THE 6TH 10+WEEKS UPTREND PATTERN,THE 10TH WEEK ONLY REACH 1310,SO STILL FAR AWAY FROM 1381,HENCE THE UPTREND EXTEND INTO THE 12TH WEEK,12TH WEEK CLOSE 1343-33POINTS AWAY FROM 1310,+2.6%
sp500 12th week:1330 to 1343:+1%,WEEK STARTING FEB 14 2011
hangseng 12th week:22828 to 23595:+3.4%

7)week starting feb 13 2012
sp500 9th week +20points,+1.5%
hangseng 20783 to 21491,+708points,+3.4%

BUT SP500 10+WEEKS UPTREND CYCLE EXTENDS INTO THE 13TH WEEK,
sp500 13th week:1370 to 1404:+34points,+2.5%,WEEK STARTING MARCH 12,2012
hangseng 21086 to 21317-+1.1%

DID YOU SEE
1)HANGSENG REACT CLOSELY WITH USA UNLESS SHANGHAI PLUNGE OR SURGE.
2)ANY EXTENSION INTO 12TH OR 13TH WEEK UP,SP500 WILL HAVE A MIRROR IMAGE TO THAT OF HANGSENG 9TH,10TH WEEK,
eg.sp500 10th week +2.7%,hangseng +1.3%
12th week,sp500 +1%,hangseng +3.4%
VS
sp500 9th week +1.5%,hangseng +3.4%
13th week,sp500 +2.5%,hangseng +1.1%

CAN YOU SAY AMEN TO THE POWER OF USA 10+WEEKS UPTREND PATTERN??

trading guru

trading guru

today sti "purposely" was being brought down 20 over points to allow space for hangseng to go up to its 200day moving average at around 20K,so that when hangseng touch 20K,sti will hit 3037.BOTH WILL BREAK THRU THEIR RESPECTIVE RESISTANCES AT THE SAME TIME

STOCKMARKET IS NOT PURE GAMBLING.IT CONCERNS THE ECONOMY AND JOBS.EVEN IF YOU DO NOT INVEST IN THE STOCKMARKET,YOU WILL ALSO BE AFFECTED BY ECONOMIC RECESSIONS "INITIATED" BY THE STOCKMARKET TO "COOL DOWN" AFTER PERIODS OF GROWTH.

THINK IT OVER.WHEN ECONOMY IS STRONG,EVERYBODY IS JUST SPENDING LIKE CRAZY,BECAUSE BONUSES ARE STRONG,INFLATION IS CRAZY SPIRALLING UP.THERE IS NO WAY GOVERNMENT CAN CONTROL INFLATION.IMPOSING TAXES AIN'T ENOUGH TO DETER SPENDING BECAUSE PEOPLE STILL HAVE JOBS AND BONUSES.

LOOK THE CURRENT SINGAPORE ECONOMY.PEOPLE STILL BUY CONDOMINIUMS DESPITE THE EXTRA TAXES,ABSD,ETC.WHY?PEOPLE STILL HAVE JOBS AND BONUSES.GOVERNMENT FISCAL POLICIES HAVE NOT ONLY A LAGGED EFFECT(AS IN TEXTBOOKS) BUT PEOPLE ARE JUST GOING TO SHRUG IT ASIDE.

SO HOW REALLY TO HAVE A COOL DOWN??AFTER EVERY CRAZY SURGE IN THE STOCKMARKET,THERE WILL BE A CRASH IN THE STOCKMARKET.WHY??THE CRASH IN THE STOCKMARKET IS ACTUALLY A COOLING DOWN MEASURE.

WHEN STOCK PRICES OF BLUE CHIP COMPANIES CRASH,NATURALLY UNEMPLOYMENT WILL GO UP.

WHEN STOCKMARKET CRASH,NATURALLY MORE PEOPLE LOSE MORE THAN EARN,AND THUS WILL ALSO BE FORCED TO SELL THEIR PROPERTIES,HENCE ALSO "COOLING" DOWN THE OTHER SECTORS.

THE ABOVE 2 EFFECTS OF STOCKMARKET CRASH WILL NEXT AFFECT DOMESTIC CONSUMPTION,AND INVESTMENT AND VIA THAT THRU THE MULTIPLIER AND ACCELERATOR EFFECT,MORE JOBS ARE LOST AND ANOTHER ROUND OF DOMESTIC CONSUMPTION REDUCED.

HARDLY ANYBODY IS GOING TO REJOICE IN RECESSIONS,THE WORKERS AND THE PROPERTY OWNERS.BUT ON THE CONTRARY,STOCKMARKET TRADERS ARE GOING TO REJOICE AS IN THE STOCKMARKET,TRADERS CAN PROFIT BY SHORTING THE MARKETS DOWN.

IN THE STOCKMARKET,TRADERS ARENT WORRIED ABOUT RISING MARKETS AND PLUNGING MARKETS.WHAT THEY WORRIED ARE A FLAT MARKET AND GETTING THE DIRECTION WRONG.ONCE YOU GET THE DIRECTION RIGHT,TRADERS CAN EASILY PROFIT FROM A SURGING OR A PLUNGING MARKET OR BOTH.

YOU CAN CHOOSE TO ABSTAIN YOURSELF FROM THE STOCKMARKET,BUT PLEASE DON'T COMPLAIN LIKE THE AUNTIES IN THE MARKETPLACE ABOUT INFLATION EATING INTO YOUR REAL INCOMES.IN THE LONG RUN,IT IS ONLY THE STOCKMARKET THAT IS ABLE TO GIVE YOU EXCEEDING INFLATION RETURNS(PROVIDED YOU SELL AT NEAR HIGHS AND BUY AT NEAR LOWS).

FOR EXAMPLE,YOU LOOK AT SP500 RISE OF NEAR 14X FROM AROUND 100+ IN 1982 TO 1500 IN 2000.ISN'T THAT ENOUGH FOR YOU TO COVER FOR INFLATION FROM 1982 TILL 2016 WHEN USMARKET START ITS NEW SECULAR BULL MARKET????

SO YOU CHOOSE.YOU DO NOT JOIN THE STOCKMARKET,YOU DIE FROM INFLATION.
YOU CHOOSE TO JOIN THE STOCKMARKET,YOU MAY NOT DIE PROVIDED YOU ARE PRUDENT AND DIVERSIFIED YOUR PORTFOLIO,AND KNOW WHEN IS NEAR THE HIGHS AND LOWS.

STOCKMARKET CONTROLS THE ECONOMY IRREGARDLESS OF YOU LIKE IT OR NOT.NOT THE OTHER WAY ROUND.THE STOCKMARKET IS GOING TO SOAR DESPITE OF FEW RETAIL PLAYERS JOIN.AT EVERY BOTTOM OF THE STOCKMARKET,THERE IS BOUND TO BE LITTLE RETAIL PLAYERS.BUT DOES THE STOCKMARKET CARE??NO,IT JUST SURGE UP!EXAMPLE,MARCH 2009 BOTTOM-JULY 2009,STI SURGE UP NEAR 100% IN 4 MONTHS,OTHER SMALL/MID CAP STOCKS SURGE UP UP TO 400% FOR SOME.

ON THE CONTRARY,THE STOCKMARKET IS ALSO GOING TO CRASH DESPITE FRANTIC AND IMMENSE PARTICIPATION FROM RETAIL GOONS.

SO ADULTS,PLEASE WAKE UP

trading guru

I think i have some credentials in spouting economics shit.I am

1)National University of Singapore economics graduate

2)Represented St.Andrew's Junior College in National Economics Essay and Debate competition in 1998-OUR SAJC TEAM ACHIEVED 4TH NATIONWIDE

3)Awarded Top 25% 1998 cohort in SAJC,awarded bursary by Minister Lim Swee Say.

EVEN WHEN I HAVE THESE CREDENTIALS,I DO NOT MIX UP ECONOMICS SHIT WITH STOCKMARKET ANALYSIS!!SO I WONDER WHY SO MANY ADULTS EVEN BOTHER SUBSCRIBE TO LIVE NEWS FEED,DEBATING ECONOMICS WHEN THEY THEMSELVES ARE NOT ECONOMICS GRADUATES!!EVEN WHEN THEY ARE ECONOMICS GRADUATES,THEY ARE ALSO NOT BEN BERNANKE,SO WHATEVER DEBATED WILL NOT EVEN INFLUENCE BEN BERNANKE'S DECISION.

THOSE WHO BUY SINGAPORE HIGH END CONDOMINIUMS HAVE THEMSELVES TO BLAME.

1)SGD HAS ALREADY GONE UP FOR 10YEARS AGAINST THE USD.

2)INTEREST RATES IS ALREADY ROCK BOTTOM.

3)SINGAPORE UNEMPLOYMENT RATE AT LOWEST

4)NUMBER OF FOREIGNERS TAKING P.R.,COMING TO WORK,HIT PEAK

5)SINGAPORE REAL WAGE TURNS NEGATIVE DUE TO HIGH INFLATION

EVERYTHING IS ON THE TIP OF THE MOUNTAIN,TURNING DOWN,ON THE OPPOSITE DIRECTION.SO GOODLUCK!!NOT NOW,BECAUSE THE SGD AND STI STILL HAS ROOM TO GO UP.

trading guru

HANGSENG INDEX 1ST HALF CHARACTERISTICS

BOTTOM TO NEXT BOTTOM:5 MONTHS

TOP TO NEAR SAME TOP:5 MONTHS

TOP TO NEXT TOP REPEATED TWICE: NOVEMBER 2009,APRIL 2010 AND NOVEMBER 2010,APRIL 2011

FALL OF 66% FROM 32K TO 10.7K

VS

HANGSENG INDEX 2ND HALF CHARACTERISTICS

BOTTOM TO NEXT BOTTOM:8MONTHS(OCTOBER 2011-JUNE 2012)

FALL OF HALF YEAR AND 33%(24.4 TO 16.1K) OF OCT 2007-OCT 2008 DECLINE OF 1 YEAR,66%

PROJECTION:NOV-APRIL TOP PATTERN AGAIN????

even shanghai composite pay respect to the november-april pattern but hitting the resistance downtrend line-NOVember is the rebound of the BIG INVERTED HUMP and APRIL(the peaking of usa's 1st and 2nd hump respectively) is the rebound of the SMALL INVERTED HUMP

as i predicted before SHANGHAI WILL HIT A NEWER LOW THAN THE 2132 IN JANUARY 2012,TODAY,JULY 30TH SHANGHAI IS BELOW 2132.

I LET YOU ALL SEE THE UNCANNY COINCIDENTAL RESEMBLANCE OF THE 4 CHARTS-SHANGHAI COMPOSITE,SP500,HANGSENG AND STI AT SIMILAR TIMINGS OF PEAKS AND BOTTOMS,WHICH LEAD TO MY FOLLWING PREDICTION:

BY APRIL 2013-HANGSENG TO HIT 27.5K OR 25K ALL DEPENDS ON SHANGHAI ABLE TO BREAK OUT SUCCESSFULLY OF ITS 3YEARS BUMPRUN FORMATION.

STI TO HIT 3.9K OR NEAR 3.6K WILL ALSO DEPEND ON SHANGHAI

OBJECTIVES OF EACH SP500 HUMP COMPARED TO HANGSENG AND STI-FIBOS OF 2007OCT TO OCT2008 OR MARCH 2009LOWEST POINTS

1ST USA HUMP ENDED APRIL 2010:
1)SP500 AT 61.8% FIBO
2)HANGSENG >50% FIBO BUT <61.8%
3)STI ALSO SAME AS SP500 NEAR 61.8%

2ND USA HUMP ENDED APRIL 2011
1)SP500 VERY NEAR 78.6% FIBO
2)HANGSENG >61.8% BUT <78.6% FIBO
2)STI SAME AS SP500 VERY NEAR 78.6% FIBO

FROM THE PAST TWO USA HUMPS,STI AND SP500 BEHAVE TO THE SAME CORRESPONDINGLY FIBOS,BUT HANGSENG IS 1 FIBO BELOW SP500'S AND STI'S FIBOS.
THE DROP IN THE HANGSENG IN 2011 WAS VERY BAD DUE TO CHINA CHART WEAKNESS,AND IT WORSENED HANGSENG TO 2 FIBOS LOWER AND STI TO 1 FIBO LOWER THAN SP500'S

PROJECTED USA 3RD HUMP ENDS AT:
1)sp500 to hit around 1550-1576-100% fibo
2)hangseng to hit 78.6% fibo 27.4K(if CHINA BREAKS OUT) or 61.8%,NEAR 25K(IF CHINA DID NOT RALLY,april 2013 highs LOWER than november 2012 highs)
3)STI will hit near 3.9K-100% fibo(if china breaks out,with april 2013 highs >november 2012 highs) or 61.8%,near 3.4K if china did not rally)

trading guru

WHEN YOU RELY ON NEWS,AND THINK THAT NEWS INFLUENCE THE STOCKMARKET IN THAT DIRECTION EG.GOOD NEWS,STOCKMARKET GO UP,BAD NEWS STOCKMARKET GO DOWN,YOU ARE NOTHING BUT A LOSER.

SO MANY TIMES,GOOD NEWS,STOCKMARKET ALSO GO DOWN.WHAT THE FUCK HAS IT GOTTA DO WITH "SUPER" MARIO DRAGHI????????

IS IT PURELY COINCIDENTAL THAT FOUR ALTERNATE WEEKS,THURSDAY WILL START THE REBOUND UP AND THURSDAY AND/OR FRIDAY WILL SURGE UP?????

WEEK STARTING

A)JUNE11TH 2012

B)JUNE 25TH 2012

C)JULY 9TH 2012

D)JULY 23RD 2012

DONT BELIEVE YOU GO AND CHECK CHARTS YOURSELF

DONT BLAME NEWS IF YOU LOSE MONEY BY TRADING IN THE WRONG DIRECTION!BLAME YOURSELVES.ONLY WHEN YOU SELF REFLECT,THEN YOU CAN IMPROVE

FUCK YOU NAIVE ADULTS

FUCK GOLDMAN SACHS "SHORT" RECOMMENDATION OF SP500 IN JUNE 2012

June 21, 2012, 12:07 PM Goldman Sachs: Short Stocks

By Steven Russolillo

Goldman Sachs is recommending clients to build short positions in the S&P 500, due to the weakening domestic economy.

This morning's dismal Philly Fed report added to Goldman's conviction in turning bearish on the S&P 500 in the short term. In a short trade update released this morning, Goldman said it has a downside target of 1285, nearly 5% below current levels.

Investors who want to short shares borrow stock and then sell it, betting that the price of the shares will fall and that they can buy them back at a lower price for a profit.

UPDATE: The selloff is gaining steam in early-afternoon trading. The S&P 500 is down 1.4% at 1337, led lower by energy, material and tech stocks.

Here's the note from Goldman:

We are recommending a short position in the S&P 500 index with a target of 1285 (roughly 5% below current levels) and a stop on a close above 1390. This morning, the Philly Fed print of -16.6, down sequentially and worse than expected, provides further evidence that weakness has extended into June.

Although yesterday's FOMC delivered easing as expected, with a dovish statement, positive risk sentiment ahead of the FOMC had already buoyed markets. And we now think, with incremental US monetary policy on hold, the market will need to confront a deteriorating growth picture near term.

The risk to our recommendation is that the data soon reverts to the 2-percent growth path our economists expect, that China growth turns, or that European policy-makers' rhetoric buoys risk sentiment further from here, with the upcoming end-of-June summit a focal point on this count.

BUT

JUNE 21 2012 RECOMMEND SHORT,JULY 3RD BEING FORCED TO STOP OUT

BUT EVEN THE GOLDMAN STOP OUT LEVEL CHANGED FROM 1390 TO 1365!!!WHAT THE FUCK??

July 3, 2012, 11:11 AM

Goldman Sachs Takes Hit on June Short Call

By Steven Russolillo and Alexandra Scaggs
Was Goldman Sachs too bearish for its own good?
The firm has been “stopped out” of its short position on the S&P 500, thanks to yesterday’s close above 1365. On June 21, Goldman Sachs recommended clients should build short positions in the index due to the weakening domestic economy.
The initial recommendation helped stoke global growth fears and led to a big sell-off, with major indexes falling more than 2% that day. But stocks have quickly recovered throughout the last few weeks, largely due to the results from last week’s EU summit as investors cheered perceived progress toward stemming Europe’s debt crisis.
Goldman initially recommended investors to limit losses by closing the trade if the S&P 500 closed above 1390. But “after an initial sharp move lower, we tightened the stop, and [yesterday's] rally pushed the index just above it,” Goldman said in a short trade update released yesterday after the closing bell.
Traders closing out a short position before today’s trading would have faced a loss of about 1.1%.
Despite the recent rise, Goldman is maintaining its bearish conviction. The firm points to weekly jobless claims that are trending higher as well as yesterday’s poor ISM manufacturing report. Goldman also expects the headline figure for the upcoming June jobs report will come in at 75,000, which is below consensus expectations of 95,000 jobs added.
“The data continue to surprise to the downside,” Goldman says. “Apart from a re-rating higher of European prospects, the market continues to look vulnerable to ongoing cyclical weakness.
“Our bias remains to the downside.”
We mentioned earlier this morning short interest in stocks listed on the New York Stock Exchange has hit the highest level since September. An increasing number of investors are taking bearish positions amid worries about the global economy.
But as has been the case in the past, the rise in short interest can precede a rally in stocks. Once the short trade gets overly crowded, it risks a short squeeze if the markets get a whiff of good news.
Stocks are trading slightly higher during this holiday-shortened trading session. The Dow is up 21 points, led higher by Alcoa, Caterpillar, Chevron and Wal-Mart. The S&P 500 is up 0.2% at 1368, with energy, material and industrial stocks pulling on the upside.
Here’s the full note from Goldman:

We have been stopped out of our short S&P 500 recommendation on today’s close of 1365.5, just above our 1365 stop, for a potential loss of 1.05%. After an initial sharp move lower, we tightened the stop, and today’s rally pushed the index just above it.
This trade recommendation, opened on June 21st following a weak Philly Fed survey print, was predicated on ongoing weakness in the June data set with the recognition that policy developments in Europe were a risk. Indeed, policy initiatives flowing from last week’s European summit exceeded expectations, sparking a sharp rally that began late last Thursday and extended into last Friday.
Yet, the data continue to surprise to the downside: weekly claims are trending higher, today’s ISM was down sequentially and well below expectations, and GLI growth and acceleration remain solidly negative. Looking ahead, our US economics team expects to see a 75K print for June payrolls on Friday, which is below consensus expectations of a 90K number. And so apart from a re-rating higher of European prospects, the market continues to look vulnerable to ongoing cyclical weakness and our bias remains to the downside.

For more MarketBeat and other streaming markets coverage from The Wall Street Journal, point your mobile browser to wsj.com/marketspulse

View all Comments »

- - 11:21 am July 7, 2012
  - Zero sum wrote :
  Wall Street does not create value, it is an exchange market. Goldman Sucks make billions per year, and the money got to come out from people’s pocket. When Goldman said “generation’s buy” in late March, they probably sold their position to you, and when Goldman called for short June 21, you probably sold your positions to Goldman…Sum of all your loss approximately equals to Goldman’s gain.
  Although, they may change their tactics next time.
- - 11:13 am July 7, 2012
  - Goldman wanted you to buy in late March and short in June 21... wrote :
  Look back to see how would you lose, and think about it, who has won the part you lost? Is it Goldman Sachs?
- - 1:42 am July 4, 2012
  - Shlomo Goldstein wrote :
  Goldman Sachs can reliably be taken as a contrary indicator on basically any call they make, capital markets, oil, gold or currencies.
  Simply always go the opposite direction, and you can’t fail to make money. A heartfelt “thank you Goldman”.
- - 3:53 pm July 3, 2012
  - Anonymous wrote :
  Cash is King.
- - 3:44 pm July 3, 2012
  - Lloyd Blankfein wrote :
  We make casino bets like this all the time. Who cares, we know the US tax payer has our backs covered.
  We lost our financial ass a couple of years ago, but we never even missed a bonus. Thank you congress!

THIS IS THE QUALITY OF 1ST CLASS HONOURS ANALYSTS??????????THIS IS THE QUALITY OF CREME DE LE CREME ANALYSTS??????

THIS IS THE RESULT WHEN YOU DON'T RESPECT THE FAMOUS USA 10+WEEKS UPTREND PATTERN BEING REPEATED 7TIMES FROM MARCH 2009.THIS IS THE 8TH TIME.

HOW CAN GOLDMAN RECOMMEND SHORT WHEN

1)JUNE 21 2012 WAS ONLY IN THE 3RD WEEK OF 8TH 10+WEEKS UPTREND

2)EVEN IF THE 8TH 10+WEEKS UPTREND DO NOT MATERIALISE, YOU CAN ONLY RECOMMEND SHORT ONLY WHEN

A)SP500 1ST WEEK UPTREND STARTING JUNE 4TH 1270S HAS BEEN OVERCOME,BROKEN DOWN

B)THERE IS A HUGE HUGE DOWN WEEKLY CANDLEBODY OF ABOUT 100POINTS IN THE SP500.

IF YOU ANYHOW SHORT WITHOUT WAITING FOR THE CONFIRMATION OF THE ALGORTIHM,YOU WILL BE LIKE GOLDMAN SACHS,ANYHOW BEING FORCED TO STOP OUT,LIKE MADMAN DOING TRADING.

INDIVIDUAL STOCKS HAVE NO CONFIRMED REPEATED ALGORITHM BUT SP500 HAS,AND YET ADULTS DO NOT KNOW???????????????????????????????????????

BEING STOPPED OUT OF INDIVIDUAL STOCKS DUE TO FINANCIAL IRREGULARITIES,PROFIT MISSED ESTIMATES IS NORMAL IN TRADING BUT BEING STOPPED OUT IN A REPEATED 8X PATTERN IS CALLED FUCK UP.SP500 IS A COMBINATION OF 500 STOCKS RESULTING IN A VERY VERY CLEAR PATTERN.

P.S. COULD ADULTS ALSO PLEASE WAKE UP?GOLDMAN SACHS WRONG CALL =THEY WANT TO DUMP TO YOU???WHY CAN'T IT BE SIMPLY GOLDMAN IS SIMPLY FUCKING LOUSY??YOU ADULTS MUST REMEMBER THIS NEWS ARTICLE TITLE:GOLDMAN SACHS WAS STOPPED OUT OF SHORT CALLS.THAT MEANS GOLDMAN SACHS LOST MONEY.

trading guru

IN 2005,I BOUGHT MY COMMERCIAL SHOP.WHERE ARE THE SO CALLED PROPERTY BULLS THEN??

IN APRIL 2012,I RE-BOUGHT SHIPPING STOCKS AFTER DUMPING AT HIGHS IN EARLY FEB2012,AND HELD UNTIL TODAY JULY,STILL ON PAPER LOSSES.

DON'T YOU DARE CALL YOURSELF AN INVESTOR IF YOU ONLY BOUGHT AFTER THE ASSET GOES UP 50% OR MORE!!THAT ISNT CALLED INVESTING.THAT IS CALLED SPECULATION AND PUNTING.

A TRUE BLUE INVESTOR ALWAYS IS VERY GREEDY WHEN MAJORITY ARE FEARFUL,AND SHUN AWAY.

SO MANY FAMILY MINDED PEOPLE CHASE PROPERTIES AFTER PRICES HAVE SURGED UP 50% OR MORE AND THEY CLAIMED THAT THEY ARE INVESTING!!!!THEY ARE JUST WAITING FOR THE ECONOMY TO BE STRONG,THEN THEY HAVE LOTS OF BONUSES,THEN THEY DECIDED TO ENTER PROPERTY TO "INVEST" AS BANKS IN SINGAPORE PAY VERY LOW FIXED DEPOSIT RATES.

PLEASE WAKE UP!IT IS VERY VERY SHAMEFUL TO BUY A PROPERTY JUST BEFORE SINGAPORE GOVERNMENT INTRODUCE COOLING MEASURES.

WHAT RIGHT HAVE THOSE WHO SAID THEY INVEST NEAR HIGHS THAT THEY ARE AGAINST STOCKMARKET SPECULATION WHEN THEY THEMSELVES ARE THE REAL SPECULATORS IN PROPERTY MARKET??

LET'S CONSIDER SINGAPORE ECONOMY IN DETAIL:

1)SGD HAS BEEN STRONG SINCE 2002 AGAINST THE USD SINCE USD HIT MAXIMUM PEAK IN JAN2002 AT 1.80S.SGD HAS BEEN STRONG BECAUSE OF THE WEAKNESS OF USA,NOT BECAUSE OF SUPER STRONG FUNDAMENTALS OF SINGAPORE ECONOMY.USA WAS VERY STRONG BEFORE IN THE 1980S TO 2000,SO IT IS USA'S CYCLE TO "COOL DOWN".CAN THE SGD RISE FOR 50YEARS???DON'T MAKE ME ROLL IN LAUGHTER!!

2)STI IS VERY STRONG,BEING THE OUTPERFORMER IN 2012-REPORTED BY THE STRAITS TIMES.RARE TO FIND STRONG STOCKMARKET WITH STRONG CURRENCY TOGETHER!!DOESN'T THS REMIND YOU OF USA IN THE 1990S??STRONG USD + STRONG US STOCKMARKET.

3)THE STRONG SGD ATTRACT A LOT OF FOREIGNERS TO WORK,STAY IN SINGAPORE.HENCE BOOSTING DOMESTIC CONSUMPTION.ONCE WHEN THE SGD STRONG CYCLE IS OVER,THESE SO CALLED FOREIGN TALENTS WILL FLOCK TO OTHER COUNTRIES.

4)SINGAPORE INTEREST RATES ARE AT ROCK BOTTOM.EVEN THEN,PEOPLE LIKE MY COUSIN ARE FINDING IT TOUGH TO PAY FOR HIS CONDOMINIUM MONTHLY MORTGAGE THAT HE MUST RENT OUT 1 ROOM OF HIS TWO ROOM CONDOMINIUM TO PAY.HIS WIFE AND CHILD AND HIM ARE ALL STAYING IN ONE ROOM!!DOMESTIC CONSUMPTION IS THUS AFFECTED AS WORKERS HAVE TO SAVE MONEY TO PAY FOR THE HIGH MONTHLY MORTGAGE ON PROPERTY AND FOR THE SKYHIGH C.O.E,A PAPER TO ENTITLE YOU TO OWN A CAR.THIS PAPER IS MORE EXPENSIVE THAN THE CAR ITSELF!!CURRENTLY AT AROUND 70-80,000 SGD.YAP!YOU DID'NT SEE WRONGLY.IT IS 5 DIGITS SGD.DOMESTIC CONSUMPTION WILL BE MORE AFFECTED WHEN INTEREST RATES RISE

5)JUST LAST WEEK IN THE PAPERS,IT WAS STATED THAT REAL WAGES ARE ACTUALLY NEGATIVE!!AND THIS WILL HIT THE MIDDLE CLASS VERY HARD.

SO GOOD LUCK CONDOMINIUM BUYERS AFTER 2010!!CONDO PRICES WILL NOT PLUNGE NOW BUT WILL BE STAGNANT OR RISE BY A LITTLE BIT TILL BOTH THE SGD AND THE STI TO END THE STRENGTH CYCLE.

MAXIMUM STI AND SGD HAVE 4-5MORE YEARS TO GO UP.10 YEARS AND THE SGD HAS ONLY GONE UP BY 30% AGAINST THE USD.IF THERE IS REALLY ANOTHER 4-5YEARS MORE,THEN THE SGD CAN GO UP ANOTHER 10-15% MAXIMUM AGAINST THE USD,PEAKING AT AROUND 1.1.SGD WILL NEVER HIT PARITY WITH USD.

ENJOY WHILE THE SUN STILL SHINES IN SINGAPORE!

AFTER THAT WILL COME A MYRIAD OF PROBLEMS:

1)FOREIGNERS WILL LEAVE DUE TO SGD WEAKENING AND USA ECONOMY STRENGTHENING-AFFECTING RENTALS AND DOMESTIC CONSUMPTION.ALTHOUGH LOCALS WILL FIND IT EASIER TO HAVE A JOB,BUT YOU MUST REMEMBER OUT OF 5M POPULATION,ABOUT 1M ARE PERMANENT RESIDENTS

2)INTEREST RATES WILL RISE,HITTING PROPERTY AND DOMESTIC CONSUMPTION HARD.

WEAKER SGD WILL BOOST TOURISM AND EXPORTS.BUT HOW HUGE IS THE SINGAPORE EXPORTS AND TOURISM MARKET THAT IT CAN OVERCOME THE FALL IN DOMESTIC CONSUMPTION?

trading guru

JULY 20TH 2012-KOSPI CLOSE 1823,TODAY KOSPI UP 2% TO GO ALL THE WAY BACK TO LAST FRIDAY CLOSE.kospi for the week drop 2.9% from last friday close 1823 to 1769 lowest

JULY 20TH 2012-STI CLOSE 3015,TODAY STI WENT BACK TO RETEST 3015.DURING THE WEEK,STI ONLY DROP 40POINTS,-1.3%

JULY 20TH 2012-SP500 CLOSE 1362.YESTERDAY CLOSE WAS 1360.DURING THE WEEK,SP500 DROPPED 31 POINTS,-2.5%

BUT

JULY 23rd 2012-HANGSENG OPEN WAS 19259,TODAY RETURN BACK TO THERE,BECAUSE HANGSENG COLLAPSED AROUND 5% IN THE WEEK.19.6K LAST FRIDAY CLOSE TO 18.7K

CAN'T YOU ALL WITNESS THE REAL WEAKNESS IS IN HANGSENG,DUE TO CHINA?

CAN'T YOU ALL WITNESS STOCKMARKET IS NOT MOVED DUE TO NEWS?IF IT IS DUE TO MARIO DRAGHI'S COMMENTS,WHY ALTERNATING WEEKS SINCE JUNE11TH 2012 WEEK,WE GET A THURSDAY AND FRIDAY REGAIN OF ALL THE LOSSES???LOOK AT MY BELOW POSTS FOR PROOF

I DON'T UNDERSTAND WHY PEOPLE CAN TELL ME MARIO DRAGHI MOVES THE MARKETS??!!

PRIOR TO DRAGHI'S COMMENTS, I WAS ALREADY EXPECTING THIS WEEK'S THURSDAY AND FRIDAY TO SURGE UP.LOOK AT MY BELOW POSTS FOR PROOF.

STI'S RECOVERY TO 3004 YESTERDAY,NEAR THE 3015 ALREADY TELL YOU BEFOREHAND US MARKET WILL RECOVER TO NEAR JULY20TH 2012 LEVEL OF SP500'S 1362 CORRESPONDINGLY.

please SEE THROUGH THE STOCKMARKET AS A ROBOT.IT DOES NOT BEHAVE TO ADHOC NEWS.

HANGSENG DROPPED MORE THAN THE REST HENCE WHEN SP500 REGAIN THE 2.5% LOSSES,HANGSENG INSTEAD OF GOING BACK TO LAST FRIDAY'S CLOSING AS THE REST,IT WENT BACK TO JULY 23RD 2012 OPENING,ALSO RECOVER THE SAME PERCENTAGE AS SP500

HANGSENG INDEX HAS BEEN CONSISTENTLY UNDERPERFORMING STI,KOSPI,SP500 HENCE IT RESULTED IN HANGSENG BEING 2 FIBOS LOWER THAN SP500'S FIBO AND 1 FIBO LOWER THAN STI'S FIBO

IF CHINA DOES NOT BUCK UP,THEN HANGSENG WILL REMAIN 2 FIBOS LOWER THAN SP500'S FIBO AND 1 FIBO LOWER THAN STI'S FIBO ALL THE WAY TO THE FINALE.

IF CHINA DOES BUCK UP AND BREAKOUT OF THE 3 YEARS CONSOLIDATION
,THEN HANGSENG WILL IMPROVE 1 FIBO, TO LOWER BY 1 FIBO THAN SP500'S FIBO AND SAME AS STI'S FIBO.

NOW ALL MY EYES ARE ON CHINA.CHINA IS THE DECIDING FACTOR TO SEE WHETHER HANGSENG CAN CLOSE THE GAP

trading guru · Yesterday 08:37 PM

Yesterday 08:37 PM#1909

CSY

Senior Member

Originally Posted by gleaf

CSY u not very accurate recently leh... why?

I cannot predict news !!!

THE ABOVE WAS CUT AND PASTE FROM CHANNELNEWSASIA FORUM.THIS CSY,AS WITH OTHER TRADERS STILL THINK NEWS HAVE A PART TO PLAY IN TODAY'S STRONG RALLY.PLEASE WAKE UP!!!!

I LET YOU SEE EVIDENCE OF ALGORITHM TRADING!!

1) WEEK STARTING 11TH JUNE 2012 TO 15TH JUNE 2012-
SP500 DROP ON MONDAY,ONLY TO SEE THURSDAY RECOVER ALL OF MONDAY'S LOSSES AND FRIDAY SURGE UP

2WEEKS LATER

2) WEEK STARTING 25TH JUNE 2012 TO 29TH JUNE 2012-SP500 DROP ON MONDAY,ONLY TO SEE THURSDAY SHARP REVERSAL UP,RECOVER ALL OF MONDAY'S LOSSES AND FRIDAY SURGE UP,TOTAL 2 DAYS SURGE UP 50POINTS FROM THURSDAY LOWS

2WEEKS LATER

3)WEEK STARTING JULY 9TH WEEK 2012 TO 13TH JULY 2012-SP500 DROP FROM MONDAY TO THURSDAY ONLY TO SEE THURSDAY AND FRIDAY AGAIN RALLIED UP 30POINTS TO END THE WEEK FLAT,WITH POSITIVE BIAS.

2WEEKS LATER

4)NOW COMES THE 4th TIME!!WEEK STARTING JULY 23RD 2012 TO 27TH JULY 2012-
SP500 DROP FROM MONDAY TO WEDNESDAY ONLY TO SEE THURSDAY SHARP RALLY!!
(today,thursday's sharp rally saw sp500 close near 1362,erasing all of monday's losses)

BUT THE NEXT 2 WEEKS LATER WILL BE SP500'S 10TH WEEK OF THE 8TH 10+WEEKS UPTREND PATTERN.HENCE SP500 MAY NOT REPEAT THIS THURSDAY+FRIDAY RALLY PATTERN FOR THE 5TH TIME AS SP500'S 10TH WEEK IS USUALLY A SURGE UP,BUT GAINS OF 10TH WEEK WILL BE LESSER THAN THE TOTAL GAINS OF THE 1ST WEEK in that respective 10+weeks uptrend pattern.

trading guru

SHANGHAI COMPOSITE IS HEADING TO 2050-2080,but if there is a strong rebound from here,then 2124 will be lowest low

EXACTLY like i said!!

trading guru

in 2nd episode of "L'escargot" latest TVB drama from hongkong-the male lead Ka On(played by Michael Miu) is a perfect example of a retail retard who is so blindly against the stockmarket.He even criticised his sister's boyfriend Koon Fung(played by Ron Ng) of speculating in stockmarket even after Fung assured he is investing,not speculating.

WHAT IS INVESTING?WHAT IS SPECULATING??THERE IS A FINE LINE,IF NOT ANY.PLEASE DO NOT THINK JUST BECAUSE ONE IS A FAMILY MAN,HE BUYS A HOUSE FOR THE SETTING UP OF A FAMILY= HE IS INVESTING IN THE HOUSE,AND HE IS NOT A SEPCULATOR?!! Ka On is such a figure,BUT HAS NOT HE FORGOTTEN ABOUT HE HIMSELF??????????

in "L'escargot" 1st episode,the drama has already shown that Ka On BOUGHT HIS "LOVE NEST" HOUSE FOR THE SETTING UP OF HIS FAMILY AT 1997 HIGHS.IN THE END,HE AND HIS WIFE LOST ALL THEIR SAVINGS WHEN THEY BOTH SOLD THEIR "LOVE NEST" HOUSE AT THE LOWS DURING SARS IN 2003.

IS NOT KA ON SPECULATING IN PROPERTY ALSO??ALTHOUGH HE DOES NOT SEEM TO AGREE WITH THE WORD "SPECULATING" AS HE IS A FAMILY MAN,BUT TO BUY AT 1997 HIGHS,IS INDEED SPECULATING AS PRICES HAVE ALREADY GONE UP MORE THAN DOUBLE IN A FEW YEARS.

I UNDERSTAND FAMILY MINDED PEOPLE DO NOT LIKE TO BE CALLED "SPECULATORS",BUT THEY ARE INDEED THE REAL SPECULATORS!!

DO YOU KNOW WHY FAMILY MINDED PEOPLE LOVE TO BUY AT HIGHS??BECAUSE THEY ARE NOT INVESTMENT MINDED,HENCE THEY WILL ONLY FEEL THE PINCH ONLY AFTER PROPERTY PRICES SPIRAL UP VERY FAST!!THEN AFTER THAT,THESE FAMILY MINDED PEOPLE ARE VERY SCARED THAT THEY CANT BUY A HOUSE F THEY WERE TO WAIT LONGER,HENCE THEY ALWAYS ENDED UP BUYING AT HIGHEST OR NEAR HIGHEST.

BUT WHEN PRICES ARE VERY LOW,THE MARKET IS USUALLY VERY STAGNANT AS WHEN I BOUGHT MY COMMERCIAL SHOP IN 2006.FAMILY MINDED PEOPLE DEFINITELY WILL NOT INVEST IN A HOUSE THEN BECAUSE THEY ARE SCARED THAT THEIR MONEY WILL BE TIED FOR A LONG TIME.

BUT AFTER PROPERTY PRICES SPIRAL UPWARDS,THEIR FEARS AUTOMATICALLY VANISHED!!AMAZING!!!!!!

SO WHAT RIGHT HAS KA ON (FAMILY MINDED PEOPLE) GOT,TO CRITICISE OTHER PEOPLE OF SPECULATING WHEN THEY THEMSELVES ARE THE REAL SPECULATORS???????????

ADULTS,PLEASE DO WAKE UP FROM YOUR BLUR DEFINITION.
THERE IS ONLY ONE DEFINITION:

BUYING AT LOWS,STAGNANT TIMES AFTER PLUNGE= INVESTOR
BUYING AT HIGHS,SURGING MARKET TIMES=SPECULATOR,IRREGARDLESS WHETHER YOU ARE A FAMILY MAN

IT DOES NOT MATTER WHETHER YOU HAVE AN INVESTMENT MOTIVE FOR YOUR FAMILY OR NOT.BUYING AT HIGHS IS EQUAL TO SPECULATING.

ONE BEST EXAMPLE IS MY MALE COUSIN IN MY FAMILY.IN FEBRUARY 2009,I TOLD HIM OVER CHINESE NEW YEAR REUNION DINNER TO BUY STOCKS.HE SMS ME"IN THE LONG RUN,A CYCLE IS 5YEARS,ETC.I WAIT FOR ECONOMIC RECOVER,THEN GO IN.GOT WRONG MEH?I MAYBE LATE BY A YEAR,BUT REMAINING 4 YEARS R GOOD ENOUGH FOR ME,GOT IT??"

i kept the sms till today.in february 2009,he sms me,sti was at 1500s,IN JULY 2009,STI WAS AT 2800s.HE IS A FAMILY MINDED MAN.being a family minded man IS NOT WRONG.BUT MAJORITY FAMILY MINDED MEN ARE USUALLY LATE IN STOCKMARKET,LATE IN PROPERTY.stupid in stockmarket in 2009 BY REFUSING TO ENTER STOCKMARKET THEN = STUPID IN PROPERTY MARKET IN 2010,BY BUYING A CONDOMINIUM IN CHINATOWN AFTER PRICES HAVE DOUBLED IN A FEW YEARS!!!

NOT LONG AFTER HE BOUGHT,THE SINGAPORE GOVERNMENT INTRODUCED PROPERTY COOLING MEASURES!!

I SMSed him back in 2011,INSTEAD OF ADMITTING WRONG,HE REPLIED THAT WHO ASK ME TO TAKE WHAT HE SAID SERIOUSLY..WHAT THE FUCK??????

SO TO ALL FAMILY MEN OUT THERE: JUST ADMIT YOU ARE A FUCKING SPECULATOR,PLEASE DO NOT INSULT THE SANCTITY OF INVESTOR WHEN YOU BUY A PROPERTY FOR YOUR FAMILY,NEAR THE HIGHEST OR AT THE HIGHEST!!

I AM A TRUE BLUE INVESTOR BECAUSE I ALWAYS BUY WHEN MAJORITY SHUN AWAY!!WHEN I BOUGHT MY SHOP IN 2006,WHERE IS HE??WHERE ARE ALL THE REST OF THE SO CALLED FAMILY MEN WHO BUY HOUSE FOR THEIR FAMILY???ALL SUCKING MILK!!

PLEASE DO NOT INSULT THE TERM "INVESTOR".JUST BECAUSE YOU BOUGHT A PROPERTY IS EUQAL TO "INVESTING"?JUST BECAUSE YOU DO NOT HAVE "SPECULATING" IN MIND,YOU BUYING AT HIGHS IS EQUAL TO INVESTING????

DO NOT INSULT ME AND THE OTHER TRUE BLUE INVESTORS!!

THE TERM "INVESTOR" IS AS LOOSE AS AN OLD PROSTITUTE'S CUNT,ANYHOW USED.

trading guru

DAX IS ABOUT TO GO TO 7000 POINTS!a clue in 23rd july 2012 forex markets--"DESPITE" IBEX PLUNGE AND GREEK INDEX CRASH BUT EURO YESTERDAY WAS VERY FIRM.ALREADY HINTED TO YOU ALL AT NIGHT US MARKET WILL REBOUND STRONGLY UP.

STI IS HEADING TO 3300,THE 2011 HIGHS!

THAT IS WHY STI DID NOT CRASH TOGETHER WITH DAX YESTERDAY.

LET US CALCULATE:

SP500 FROM 1350 TO 1480:10%
STI FROM 3000 TO 3300:10%
DAX FROM 6400 TO 7000:10%

AMAZING!!HENCE YESTERDAY DAX PLUNGE 3% BUT STI DID NOT FOLLOW SUIT ALREADY HINT TO YOU ALL STI IS HEADING TO 3300!!

trading guru

3 times shanghai composite hit 2130s in this month

JULY 18 2012 HIT 2138
JULY 23 2012 HIT 2135
JULY 24 2012 FINALLY HIT 2131!!

ALL 3 DAYS RESULTED IN SHANGHAI COMPOSITE REBOUNDING FROM THESE 2130S LOWS!!

FROM THE TIME I SAID SHANGHAI COMPOSITE TO HIT 2132 TILL NOW HAS BEEN,I THINK 3 WEEKS ALREADY!!SHANGHAI JUST REFUSE TO HIT 2132 VERY FAST AND REFUSE TO CLOSE BELOW 2132.SHANGHAI COMPOSITE WILL BOTTOM IN JULY/AUGUST 2012 AND A MEGA RALLY IS IN STORE.

GOLDEN QUESTION IS 2050-2088? OR 2131??????????????

IF SHANGHAI COMPOSITE CAN OVERCOME 2260 IN AUGUST,I DARE PROCLAIM 2131 IS THE LOWEST LOW FOR SHANGHAI COMPOSITE BEFORE THE MEGA RALLY

trading guru

today, a lot of sti stocks all touch support on low volume,eg.sakari touch the interim bottom 1.25,swiber touch my old friend price,price i bought last year 56.5c,DUMPED AT 75-76c in early 2012.otto marine touch 9.3c,the day before it surge 11% in one day.I DID SMS MY FREINDS THAT DAY,WHOEVER BOUGHT OTTO MARINE AT ABOVE 10CENTS WILL BE TIED TILL THE DAY MERCATOR GOES TO 13.6C.
MAIN INDEX STI ALSO RETURN TO 2990.USA HAS A STRANGE HABIT OF "IF OPEN DOWN FOR MONDAY TO WEDNESDAY,THURSDAY AND FRIDAY WILL COME A VERY STRONG 50POINTS ON WEEK STARTING JUNE 25TH 2012,1313-1363 AND A VERY STRONG 30POINTS REBOUND THURSDAY AND FRIDAY ON WEEK STARTING JULY 9TH 2012 WEEK,1325-1355

TWICE IT HAPPENED AND TWICE IT HAPPENED IN ALTERNATING WEEKS!!AMAZING!!LAST WEEK IT DID NOT HAPPEN,SO IT MAY HAPPEN THIS WEEK,WEEK STARTING 23RD JULY 2012!!

WHEN WILL SHANGHAI EVEN TOUCH 2132?????????????????LATER??SO FAR TODAY ITS LOWEST IS 2135!!WHY CAN'T EVEN TOUCH 2132???HAHA!!

trading guru

MY COMMENTS IN BOLD,BRACKETS,AND LARGEST FONT

Can STI stay above 3,000 for long?

Straits Times: Sat, Jul 21

DESPITE a slight wobble yesterday, the Straits Times Index (STI) has enjoyed a spectacular rebound since its recent low ebb of 2,698.9 points on June 4.

In the past week, the benchmark for the local stock market finally conquered the magic 3,000 point mark and is now up 11.7 per cent since that low water mark last month.

In the year to date, the STI is up about 14 per cent, at yesterday's close of 3,015.53 points.

That means the STI's gains this year are more than double the gains in Hong Kong's Hang Seng Index, observed a note by Macquarie yesterday. The Hang Seng is up 6.5 per cent this year.

(THIS PROVES MY POINT THAT HANGSENG WILL REMAIN 1 FIBO BELOW STI AND 2 FIBOS BELOW SP500 IF CHINA DID NOT RECOVER)

But is this rally sustainable? And just how long can the STI stay above 3,000?

There are two ways to approach this: from a technical and fundamental perspective.

Technical analysis attempts to predict future prices based on patterns seen in price and volume charts. It is more often used for short to medium- term outlooks.

The medium to longer-term outlook tends to depend on fundamental analysis: a study of how macroeconomic events and corporate financials and developments will affect the earnings potential and valuations of companies.

Ms Carmen Lee, head of OCBC Investment Research, said that her research house believes that from a technical perspective, the STI could fluctuate between 2,950 and 3,050 for two to three weeks.

Phillip Securities Research said in a note yesterday that technically the market 'still stands a good chance to head higher'. But it added: 'Our conviction on this rally continuing itself is low from a fundamental point of view.'

Phillip Securities said a rally of more than 10 per cent has already been driven by anticipation that global central banks will step in to stimulate the economy.

The broking house said the global economy is actually moving beyond the help of further quantitative easing, referring to the money-printing programme of the United States Federal Reserve.

China is also 'not in a hurry to re-accelerate the economy beyond what is required to meet the 7.5 per cent (growth) target', Phillip Securities added.

Other fundamental analysts do not rule out further STI rises, but argue the more immediate risk is for some form of correction.

Ms Lee anticipates possible volatility in the results season. 'Now we're in the first phase, where companies with defensive earnings are reporting,' she said.

'From the first to second week of August, we enter the next phase where companies with more volatile earnings will report. If the results are not within expectations, the market could be volatile. The sense is earnings may be softer.'

Given the STI's jump of about 10 per cent since last month, investors may cash out, she said. 'It is quite possible for a correction to take it below 3,000.'

Ms Lee said the STI would enjoy a sustained rise above 3,000 only if there is either a resolution in macroeconomic issues such as Europe's debt problems, or strong company earnings.

(I LOVE THIS FUCKING NAIVE COMMENT.LET US RECOLLECT IF MISS LEE IS ABSENT MINDED.WHEN STI WAS OUT OF RECESSION IN 2009,THOSE WHO BELIEVED ONLY TO BUY WHEN COUNTRY FUNDAMENTALS HAVE IMPROVED ARE TIED DOWN,3 YEARS LATER,STI IS STILL AT 3000!!AT THAT TIME WHEN SINGAPORE AND USA EXIT RECESSION IN 2009 AND 2010 RESPECTIVELY,WHO WOULD HAVE KNOWN THERE WILL COME A EUROPEAN CRISIS LATER IN 2010??????????MISS LEE,HEAD OF OCBC RESEARCH,CAN YOU GUARANTEE THAT ONCE CURRENT MACROECONOMIC ISSUES ARE RESOLVED,THERE WILL NOT COME ANOTHER CRISIS OUT OF ANOTHER COUNTRY??

PLEASE DO NOT TALK THINGS I ALREADY KNOW.FOR GOODNESS' SAKE,YOU ARE PAID EVERY MONTH,I AM NOT PAID A FIXED SALARY.PLEASE TALK SOMETHING SENSIBLE WHEN PAST HAPPENINGS HAVE ALREADY PROVEN ONE CANNOT WAIT TILL MACRO ECONOMIC ISSUES TO RESOLVE TO INVEST.

DID NOT WARREN BUFFETT ALWAYS SAY"BE GREEDY WHEN OTHERS ARE FEARFUL.."?

WHAT MISS LEE SAYS IS NOT WRONG.BUT SHE FORGOT TO ADD THE WORD"ALREADY".YES STI WILL ALREADY HAVE A SUSTAINED RISE ABOVE 3000 IF MACRO ECONOMIC ISSUES ARE RESOLVED,SUSTAINEDLY NEAR 4000. BUT ISN'T WHAT SHE SAYS,EVERYBODY ALREADY KNOW??THAT IS EQUAL TO PAID FOR TALKING REGURGITATED CRAP

1)HOW DO YOU DEFINED "RESOLVED"?WAIT TILL NEWS TELL YOU THEIR DEFINITION OF "RESOLVED"?

2)WHO ARE YOU TO DETERMINE YOUR DEFINITION OF "RESOLVED"=GOVERNMENTS' DEFINITION OF "RESOLVED"?

3)OF COURSE,AFTER EUROPEAN AND USA CRISIS ARE "RESOLVED" DUE TO MEDIA'S DEFINITION,STI WILL BE SUSTAINEDLY ABOVE 3000,YES 4000 FOR YOU TO BUY.THEN SUDDENLY COME A CRISIS OUT OF NOWHERE AGAIN!!

IN MARCH 2009 TO JUNE2009,MAJORITY ANALYSTS WERE SAYING STI WAS HAVING A FAKE RALLY DUE TO SINGAPORE STILL IN RECESSION.FAKE RALLY????FAKE RALLY TILL 2012 STILL AT 3000??WHERE GOT FAKE RALLY SO LONG?3 YEARS FAKE RALLY??EVEN THE LONGEST BEAR MARKET WAS FROM 2000-2003 IN HANGSENG AND STI,OTHER BEAR MARKETS WERE ONLY ONE YEAR IN THE HANGSENG(look at my below posts).DO YOU KNOW HOW LONG 3 YEARS IS?OR HAVE YOU COLLECTED FAT PAY FOR THESE 3 YEARS TILL YOU HAVE FORGOTTEN HOW LONG 3 YEARS ARE?

UBS wealth management's regional chief investment officer Kelvin Tay said the local market's valuations are not expensive, based on indicators like price to book ratio and price earnings ratio.

The Singdollar is also more resilient than regional currencies.

This means the market may perform better than its regional peers, though some profit-taking may take place soon.

In terms of individual sectors, DBS Vickers Research said that the banks could see upgrades in earnings estimates, if they report rises in net interest margins and strong loan growth. Airlines could benefit if they report lower fuel costs, as could oil and gas companies if they report a strong flow of new contracts.

But the real estate sector may suffer a downgrade in earnings estimates if there is a slowdown in sales and lower average selling prices, and shipping firms may slide if the peak season shipment numbers disappoint.

Mr Herald van der Linde, HSBC's head of equity strategy for the Asia-Pacific, is 'neutral' on the Singapore market. 'While defensive and offering a good yield, it's difficult to find growth opportunities in the two largest sectors - banks and real estate,' he said in a report. 'There are some growth sectors, such as offshore marine.' His year-end target for the STI is 3,100.

trading guru

YOU KNOW WHY?IT IS NOT DUE TO EUROPE TROUBLES.PLEASE WAKE UP!

THOSE WHO SHORTED AROUND STI CLOSE TODAY AT 5PM TODAY ARE GOING TO BE SHOCKED THAT STI WONT PLUNGE ON MONDAY MORNING(PROVIDED IF USFUTURES ON MONDAY MORNING DIDNT PLUNGE)

LET'S RECOLLECT:

19TH JULY 2012- STI CLOSE 3029,
AT NIGHT SP500 up by 0.29%

u add 0.29% to 3029,u will get 19th july's high of sti at 3038
sti at 3038 fell till today close at 3015 ALREADY "FACTORED IN" SP500 FALL 0F 0.7% TO 0.8% TONIGHT.

UNLESS USFUTURES ON MONDAYMORNING PLUNGE,THEN STI WILL PLUNGE TO FACTOR IN MONDAY NIGHT USMARKET POSSIBLE PLUNGE.

IF USFUTURES DO NOT PLUNGE ON NEXT MONDAY MORNING,THEN TONIGHT FALL IN SP500 TO 1363 HAS ALREADY BEEN FACTORED IN BY STI on 20th july 2012 5pm singapore time closing.

PLEASE DONT BE A KLUTZ AND THINK THAT STOCKMARKET IS DUE TO NEWS.MAJORITY OF TIME,STI/HANGSENG HAS ALREADY "FACTORED IN" USMARKET AT THAT NIGHT OR MAXIMUM USMARKET FOR 2 OR 3 DAYS LATER.

REMEMBER MY EXAMPLE BELOW HOW STI RECOVER ALL OF THE 1.6% LOSSES ON LAST WEDNESDAY,ONLY TO SEE SP500 RECOVER ITS OWN 1.6% LOSSES 2 DAYS LATER ON FRIDAY NIGHT,13TH JULY 2012

trading guru

trading guru

MERCATOR LINES(SINGAPORE) IS A VERY GOOD COMPANY.AS YOU ALL KNOW,SHIPPING IS IN A DOWNTREND CYCLE,MANY SHIPPING COMPANIES ARE DEEP IN THE RED,THIS COMPANY MERCATOR LINES(SINGAPORE) IS STILL EARNING NET PROFIT OF NEAR US$7MN.

GOOD POINTS OF MERCATOR LINES-COMPARED TO OTTO MARINE,COURAGE MARINE--MY BEST LOVED STOCK BECAUSE I WAS THE ONE WHO DUMPED TOTAL OF 800LOTS,800,000 SHARES OF MERCATOR LINES LIMITED AT 44.5CENTS,THE HIGHEST EVER PRICE AFTER THE SUBPRIME CRISIS!!NO ONE HAS DUMPED AT A HIGHER PRICE THAN YOURS TRULY,ME!!I KEPT TILL NOW SGX CONTRACT OF MY SELLING OF MERCATOR LINES AT 44.5CENTS ON JUNE 2ND 2009 AS PROOF.I DUMPED ENTIRE 800LOTS AT MATCHING TIME 8.59AM!!!HAHAHA

1)LOW DEBT TO EQUITY GEARING OF 0.59X

2)INSTEAD OF MAINTAINING GOOD GOVERNANCE RANKING IN THE FACE OF TURBULENT SHIPPING TIMES,MERCATOR LINES LIMITED GOOD GOVERNANCE WAS CLEARLY SEEN WHEN IT ROSE 18 PLACES IN THE BUSINESS TIMES COMPANIES TRANSPARENCY INDEX,FROM 38TH PLACE ,SURGE UP TO 20TH PLACE!!

3)MERCATOR LINES DIVIDEND PAYOUT RATIO NOW ACTUALLY INCREASED FROM 23% TO 25% EVEN THOUGH NET PROFITS PLUNGE 70% FROM USD 31MN

4)MERCATOR LINES LIMITED STILL IN NET PROFIT

5)COMPANY DIRECTIONS SO FAR IS VERY PRUDENT AND SPOT ON.MERCATOR LINES CHOOSE TO LIST IN VERY VERY GOOD TIMES WHEN THE BALTIC DRY WAS AT $11K.THE IPO PRICE OF MERCATOR WAS 76CENTS!!ON HINDSIGHT,THE CEO HAS PROVEN HE IS ABLE TO FORETELL MANY THINGS IN ADVANCE.

6) COMPANY HAS BLUE CHIP CUSTOMERS-TATA POWER,NOBLE GROUP,ETC

7)CHINA STOCKMARKET ABOUT TO SURGE UP,THE LAST TIME WHEN CHINA SURGED UP 80% TOGETHER WITH USA IN 2008-2009,BDIY WAS UP 600%,MERCATOR WAS UP 400% FROM THE LOWS!NOW USA IS IN UPTREND,I AM STILL AWAITING CHINA TO SURGE UP.

8)DRYSHIPS CHART ABOUT TO BREAK OUT OF NEAR 3 YEARS OF "BUMP AND RUN" FORMATION WITH CURRENT RESISTANCE AT US$3,CHARTS OF DRYSHIPS,MERCATOR AND CHINA ALL LOOK THE SAME!!

BAD POINTS ABOUT MERCATOR

1)SHIPPING SECTOR STILL IN OVERSUPPLY--BUT AINT THAT IS THE POINT THAT MAKE ME ABLE TO SCOOP UP MERCATOR LINES AT A 80% DISCOUNT TO THE IPO PRICE OF 76 CENTS?

trading guru · Today 08:53 AM

Today 08:53 AM#1582

CSY

Senior Member

Yen,
You dont have to say I am wrong because I am bearish. If you believe the market is bullish, start a thread and make all your postings there, together with your supporters. Its all about making money in this market, whether bullish or bearish. I am making money shorting stocks in this so-called bullish market.

To me, the rise in STI is due to a handful of quality stocks, the bulk of the stocks are stangant and some even drop; so how can this be a bullish market ??? You dont understand the market thorough enough, so your shallow view looking only at indexes to comment is flawed.
Go and reflect.
CSY.

PS: Yen, no one is stopping you being bullish but when you dont put your money where your mouth is, you have no credibility. Show me what you are buying, otherwise shut up and dont disturb my thread.

Last edited by CSY; Today at 09:05 AM.

MY COMMENTS-

HE STILL LIVES IN HIS BEARISH WORLD,AFTER BEING WRONG ONE DAY.HE IS GOING TO FIND OUT THAT he is going to be continuosly WRONG for 3 to 8 weeks!!THERE ARE MINIMUM 3 WEEKS OF UPTREND TO MAXIMUM OF 6 TO 8 WEEKS UPTREND LEFT!!DOES HE KNOW WHAT IS "ROTATION PLAY"?NOW STI GOES UP BECAUSE BLUE CHIPS GO UP.WHEN BLUE CHIPS GET FLAT,THEN THE MID CAP WILL MOVE.AFTER MID CAP MOVE,COMES THE SMALL CAP.WHAT THE FUCK?SENIOR TRADER DOES NOT KNOW THIS FACT AND CRITICISE OTHER TRADERS FOR BEING HAVING SHALLOW VIEW??I AM NOT THAT YEN BUT I CANT STAND THIS GUY'S SNOBBISHNESS AND IDIOTICNESS.

PLEASE,SENIOR TRADERS,HAVE GUTS TO ADMIT YOU ARE WRONG.YOU DO NOT EVEN KNOW SP500 HAS A 10 TO 10+WEEKS UPTREND PATTERN BEFORE RETRACEMENT,CORRECTIONS,IT IS ALREADY VERY SHAMEFUL.YET YOU ALSO DO NOT KNOW WHAT IS CALLED ROTATION PLAY??

MISTAKES HE MADE--
1)HE DOES NOT KNOW WHAT IS ROTATIONAL PLAY
2)HE SHORT HANGSENG ON THE DAY DAX WENT ABOVE 6600
3)HE SHORT HANGSENG ON THE DAY WHEN CHINA SURGE UP from 2138,A POTENTIAL BOTTOM IN SHANGHAI COMPOSITE
4)HE CANT SEE SP500 FAMOUS 9 TO 10+WEEKS UPTREND PATTERN,HE SHORTED HANGSENG IN THE 7TH WEEK OF SP500 10+WEEKS UPTREND PATTERN

ADIOS!!I DO NOT TALK ON HINDSIGHT.I WISH YOU ALL THE BEST IF YOU HAPPEN TO READ MY BLOG.I KEEP THIS COMMENT HERE IS TO SHOW READERS AND MY KIDS IN FUTURE HOW ADAMANT CAN PEOPLE BE.

trading guru

PLEASE DONT GO AGAINST A PATTERN THAT HAS BEEN REPEATED FOR PAST 7X,THIS IS THE 8TH TIME,AND THIS WEEK IS THE 7TH WEEK.1ST WEEK WAS WEEK STARTING JUNE 4TH 2012.

PLEASE GO SEE MY BLOG'S MOST POPULAR POST: "SUMMARY OF ALL SP500 UPTRENDS,CORRECTIONS AND RETRACEMENTS" FOR THE INTRICATE DETAILS.I AM TOO LAZY TO REWRITE THINGS I HAVE WRITTEN EARLIER.

GOOD LUCK TO THAT SENIOR TRADER TOMORROW.I THINK HE WILL CUT LOSS TOMORROW AS I DOUBT HE HAS THE GUTS TO HOLD IT FOR MINIMUM 3 WEEKS.U ALL MUST REMEMBER THIS LESSON-

IN ORDER OF IMPORTANCE:

1)PATTERNS

2)TECHNICAL INDICATORS

I NEVER EVEN LIST ECONOMIC DATA OR NEWS IN THE LIST.DATA OR NEWS ABOUT QE3,QE3000,QE30000 ARE ALL JUST THERE TO MAKE YOU DAMN CONFUSED!!

please wake up and let's earn big money together!!

p.s. I HAVE BEEN HOLDING ONTO HUGE LONG POSITIONS EVER SINCE APRIL 2012 AND I AM NOT AT ALL WORRIED.SO THOSE WHO ARE STILL BEARISH NOW,I CHALLENGE YOU TO HOLD YOUR SHORTS ONLY FOR MINIMUM 3 WEEKS MORE.SEE WHERE THE SHORTS GO TO,MINIMUM 3 WEEKS LATER!!

trading guru

IM NOT ADVOCATING PEOPLE TO SHORT SHANGHAI.2066 OR 2138 MAKES HARDLY A HUGE DIFFERENCE.TO SHORT SHANGHAI AT SUCH LOW LEVELS AND IN JULY IS SIMPLY INSANE!!

I ALREADY SAID B4 IN POSTS BELOW-PREPARE FOR A HUGE SHANGHAI RALLY STARTING JULY/AUGUST AFTER NEW LOW HAS BEEN HIT.OR NOW IF THIS 2138 STANDS AS LOWEST AFTER JULY HAS PASSED,THEN I SAY THAT 2138 IS THE LOWEST

trading guru

TODAY'S HANGSENG ERASE OFF THE GAINS YESTERDAY BUT STI IS BACK AT 3,000.HANGSENG AND STI WILL REBOUND FROM HERE AFTER SHANGHAI CLOSE AT 3PM.

WHETHER SHANGHAI WILL GO TO 2066 WILL DEPEND ON THESE FEW DAYS TILL END OF JULY,WHETHER SHANGHAI COMPOSITE CAN CLOSE ABOVE 2145 EVERYDAY.

SAID ON 18TH JULY 2012 1.45PM SINGAPORE TIME

trading guru

FROM THE POST BELOW:

8^TH 10+ WEEKS(10?11?12?13?) UPTREND IN SP500

1) JUNE 8^TH 2012 FRIDAY-sp500 up 11points

2) JUNE 15^TH 2012 FRIDAY-sp500 up 14points

3) JUNE 22^nd 2012 FRIDAY-sp500 up 10points

4) JUNE 29^TH 2012 FRIDAY-sp500 up 33points

5)JULY 6TH 2012 FRIDAY-sp500 down 1%

6)JULY 13th 2012 FRIDAY-sp500 up by 1.6%,22points

SO FAR, OUT OF 6 FRIDAYS,5 ARE IMMENSE UP DAYS--5/6 hit rate!!

trading guru · "Yesterday 10:00 PM

cut and paste from cnbc-

"Bernanke Offers No Hint Fed Is Planning Further Easing

Published: Tuesday, 17 Jul 2012 | 12:20 PM ET "

look at how senior traders are being sucked in by news--

"Yesterday 10:00 PM#1463

CSY

Senior Member

Media has been giving news on "hope" that Ben will give hint on QE3.
Dont bet on it.
There will be a selloff for Dow later."

HE THINKS STOCKMARKET GOES UP ON "HOPE" OF QE3!!!WTF!!SUCKED IN BY MEDIA LIES AGAIN!THOSE WHO REALLY THINK STOCKMARKET GOES UP OR DOWN ON ADHOC NEWS AND HOPES,PLEASE EXPLAIN TO ME:

1)WHY IN WEEKLY CHARTS OF USMARKETS,EACH HUMP IS CLEARLY DEFINED WITH 10+WEEKS OF UPTREND BEFORE RETRACEMENTS OR END OF HUMP(CORRECTION TIME)??

2)WHY IS THERE A REPEATED ALGORITHM THAT THE 1ST AND LAST(IN SOME CASES 10TH WEEK) MUST HAVE A SURGE UP??

3)WHY IN THE SHANGHAI COMPOSITE,JULYS ARE REPEATED SO MANY TIMES FOR TOPS AND BOTTOMS?

4)WHY EACH OF THE 10+WEEKS UPTREND PATTERN IS CLEARLY DEFINED WITH A DIAGONAL UPTRENDLINE SUPPORT FOR EACH 10+WEEKS UPTREND??

5)WHY IN 2010 AND 2011 CORRECTIONS OF SP500,SP500 WILL TAKE THE SAME 23,24 WEEKS TO RETURN TO THE OPENING OF THE LONG WEEKLY PLUNGE CANDLEBODY OPEN??

6)WHY STI/HSI GENERALLY "FACTORED IN" US MARKET AT NIGHT??

7)WHY EVERY HUMP END(AKA CORRECTION TIME) MUST PLUNGE ALL THE WAY TO A FIBO OF THE 2007 MAX 1576 TO 2009 LOWEST 666 RANGE??

1ST HUMP ENDED WITH A PLUNGE TO 1010,NEAR THE 38.2% OF 1576 TO 666 RANGE OF 1013,2ND HUMP ENDED WITH A PLUNGE TO THE HIGHER FIBO OF 50%,1121,AND A BASE IS BUILT AT AROUND 1120.

WHY IS THE STOCKMARKET SO ROBOTIC???????????IF IT IS DUE TO ADHOC NEWS AND DATA SHIT,PLEASE EXPLAIN WHY SO ALGORITHMIC????????I AM ABLE TO EVEN COMPILE A SUMMARY OF ALL SP500 UPTRENDS AND CORRECTIONS.WHAT?SO MANY REPEATED PATTERNS.U MEAN THEY ARE ALL PURELY "COINCIDENTAL"??

I KNOW MEDIA STORYWRITERS WILL PUSH THE EXPLANATION TO BEN BERNANKE.LOOK AT CNBC RUBBISH EXPLANATION--"Federal Reserve Chairman Ben Bernanke offered no new hints Tuesday that the central bank is planning more easing, but he repeated his pledge that the Fed “is prepared to take further action as appropriate to promote a stronger economic recovery.” "

WHAT THE FUCK DO YOU EXPECT BALD BEN TO SAY?DUH!!YOU EXPECT BALD BEN TO SAY USA ECONOMY DAM SOLID WHEN UNEMPLOYMENT +8%??JUST BECAUSE STOCKMARKETS SHOOT BACK UP,CNBC PUSH IT TO BERNANKE AGAIN.

IF STOCKMARKETS PLUNGE,MEDIA WILL SAY "INVESTORS DISAPPOINTED WITH NO HINTS OF NEW STIMULUS",just like THE SENIOR TRADER ABOVE.THAT MEANS STOCKMARKET REACT ADHOC TO CURRENT NEWS.BUT NOW STOCKMARKETS SHOOT BACK UP,AMAZING CNBC PUSH THE SHOOT UP TO BERNANKE REPEATING THE PLEDGE--MEANING STOCKMARKET IS FORWARD LOOKING AGAIN,reacting to future news!!

AT THE END OF THE DAY-MEDIA SHIT ONLY MAKE INVESTORS/TRADERS MORE CONFUSED BY CHANGING EXPLANATION EVERY NOW AND THEN.I JUST BELIEVE IN SIMPLE CHARTS AND ALGORITHM.STOCKMARKET UPTREND MEANS UPTREND.JUST LIKE THE TERM"INNOCENT UNTIL PROVEN GUILTY",UNLESS CHARTS DO THE BEARISH ALGORITHM,THEN I WILL BE BEARISH.SIMPLE AND EASY ,DONT PLAY ECONOMICS GOD,POSE AS BEN BERNANKE,AS NONE OF US CAN BECOME BEN BERNANKE.

TODAY STI/HANGSENG ALREADY RALLIED AHEAD OF THE USMARKETS AGAIN!!

LOOK AT WHAT ADULTS SAY TODAY MORNING WHEN THEIR EXPLANATION YESTERDAY GOES WRONG--THEY CHANGE STORY!!yesterday at 10pm say dow will plunge later due to bernanke no hint on qe3,today at 9am can change story to good results from coca cola...hahaha!!

--"Today 09:26 AM#1484

CSY

Senior Member

this is what other traders respond
Today 12:58 AM#1472

Yen

Junior Member

EVEN WHEN I BOUGHT PUT WARRANTS IN FEBRUARY 2012 WHEN HANGSENG AT 21760,I LOST MONEY NOT THAT HANGSENG DID NOT FALL.IT FELL BUT WITHOUT MOMENTUM.WHEN HANGSENG WAS AT 21000,I ALSO LOST MONEY BECAUSE HANGSENG DID NOT PLUNGE,JUST DROP AND RECOVER,MY PUT WARRANTS TIME DECAY!!.THAT WAS EVEN AFTER I WAITED TILL USA 7TH 10WEEKS UP ENDED because i shorted in the usa 10th week counting from dec19 2011 week.please go and check feb 20 2012 hangseng was at 21760,i shorted there.BUT USA EXTENDED TILL 13TH WEEK INSTEAD.

WORSE NOW IS HE DARE SHORT IN THE 7TH WEEK!!GOOD LUCK !
WHEN 1)THE 9TH/10TH WEEK ALWAYS HAS A SURGE UP AND 2) EXTRA 1,2,3 or EVEN 4WEEKS BEYOND THE 10TH WEEK TO TAKE SP500 HIGHER BY A BIT,THAT IS WHY I SAID 10+WEEKS UPTREND PATTERN!IF THIS UPTREND EXTENDS TILL THE 13TH OR 14TH WEEK,GOOD LUCK BECAUSE THERE WILL BE IMMENSE TIME DECAY!!GOOD LUCK SO CALLED SENIOR TRADER,U SHORT IN THE 7TH WEEK,IF YOU ARE LUCKY,3 WEEKS MORE TO END YOUR MISERY.IF YOU ARE UNLUCKY,6-7 WEEKS MORE TO END YOUR MISERY!BY THEN THAT PUT WARRANT ALREADY EXPIRED!!THAT IS WHY I DARE YOU TO HOLD MINIMUM 3 WEEKS

I SALUTE THIS KIND OF SHOOTING IN THE DARK!

SUMMARY OF ALL SP500 UPTRENDS AND CONSOLIDATIONS

Tuesday, July 31, 2012

Monday, July 30, 2012

Saturday, July 28, 2012

By Steven Russolillo

Goldman Sachs Takes Hit on June Short Call

Friday, July 27, 2012

Thursday, July 26, 2012

Tuesday, July 24, 2012

Monday, July 23, 2012

Sunday, July 22, 2012

MY COMMENTS IN BOLD,BRACKETS,AND LARGEST FONT

Can STI stay above 3,000 for long?

Saturday, July 21, 2012

Friday, July 20, 2012

Thursday, July 19, 2012

Wednesday, July 18, 2012

cut and paste from cnbc-

"Bernanke Offers No Hint Fed Is Planning Further Easing

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