I ALREADY LISTED THE 5 FACTORS BEFORE TONIGHT USMARKET SURGE-
1) VIX DOWNTREND CYCLE NOT SO SHORT END MEANING STOCKS UPSIDE NOT SO FAST END IN A CORRECTION,NOT A RETRACEMENT.
2) USD INDEX MEET 2 RESISTANCE TRENDLINES
3) THE STRANGE RELATIONSHIP THAT STI EVEN "HAD THE CHEEK" TO GO UP DESPITE US MARKET DROP 1% DAYS EARLIER AND YESTERDAY,I REMEMBER US FUTURES PLUNGE DURING THE AFTERNOON,STI IS STILL RESILIENT,I IMMEDIATELY SENT SMSes TO MY FRIENDS THAT THE HANGSENG PLUNGE IS A MANIPULATION TACTIC TO REACH THE GENTLER TRENDLINE,AND TO TRICK TRADERS THAT US MARKET YESTERDAY NIGHT WILL PLUNGE THRU THE JUNE4TH SUPPORT TRENDLINE.
I ALREADY TOLD YOU ALL READERS OF MY BLOG STI AND HANGSENG GENERALLY,ALREADY SOMEHOW KNOW AHEAD WHAT US MARKET IS GOING TO BE ON THAT NIGHT,OR 2,3 DAYS LATER.FOR EXAMPLE,IF I SEE STI MONDAY DIDNT PLUNGE,BUT USMARKET PLUNGE,THEN TUESDAY STI FLAT OR EVEN GO UP,I ALREADY KNOW BEFOREHAND US MARKET WILL RECOUP ALL OR MOST OF THE LOSSES ON MONDAY IN THE NEXT 2,3 DAYS OR EVEN ON THAT FOLLOWING NIGHT-TUESDAY NIGHT.THAT IS WHY I SENT SMSes TO MY FRIENDS ON WEDNESDAY EVENING WHEN AFTER STI WENT UP BUT EUROPE AT THAT TIME DOWN A BIT,I TOLD THEM-"I DONT KNOW WHY US AND EUROPEAN TRADERS CANT SEE CLEARLY.SMOKE WENT TO THEIR EYES??US AND EUROPE MARKETS GENERALLY LAGGED BEHIND HSI AND STI,WHY CANT THEY "BENEFIT" FROM IT?WHY MUST THEY CONTINUE DO THE OPPOSITE TO SHORT??THEY ARE JUST WASTING THIER TIME AND MONEY.THEY DO NOT KNOW THE ADVANTAGE OF FINDING ARBITRAGE IN LAGGED MARKETS.TRADING IN ASIA IS MORE CHALLENGING AS IT IS ALWAYS AHEAD OF USA AND EUROPEAN MARKETS"
4) KOSPI "STRANGELY COINCIDENTAL" ALSO REACH SUPPORT SAME TIME AS HANGSENG REACH SUPPORT.COORDINATION TIMED TO PERFECTION!!
5) DOW LAST FRIDAY WAS DOWN 120 POINTS BUT VIX ALSO ENDED NEGATIVE!!
P.S. -VERY IMPORTANT----
ANOTHER FUCKING FUNNY THING- SP500 LAST 2 THURSDAYS AWAY, 28TH JUNE 2012 ALSO FROM DROP TO 1313,20+ POINTS AWAY FROM 22ND JUNE 2012 FRIDAY CLOSING OF 1335,ONLY TO SEE THURSDAY AND FRIDAY STRONG REBOUND TO 1362-50POINTS IN LESS THAN 2 TRADING DAYS.
THIS WEEK IS ALSO THE SAME!! LAST WEEK CLOSING WAS 1354,YESTERDAY,12TH JULY 2012 LOWS WAS 1325,AND IN TWO DAYS REBOUND STRONGLY TO 1350S,a REBOUND OF 30+ POINTS IN LESS THAN 2 TRADING DAYS!!
also I STATED IN MY EARLIER POSTS-THE RELATIONSHIP OF FRIDAYS WITH MAIN TREND IN SP500....
FRIDAYS GENERALLY REACT IN A POSITIVE MANNER TO THAT OF THE MAIN UNDERLYING TREND-if MAIN TREND IS UP,FRIDAYS GENERALLY WILL BE UP (AND VICE VERSA)
SO AT THE END OF THE DAY-DO YOU BELIEVE IN PATTERNS OR YOU BELIEVE NEWS AND COUNTRY FUNDAMENTALS??
FOR EXAMPLE,TODAY WHEN SINGAPORE RELEASED Q2 2012 GDP DATA,IT WAS DAMN BAD-BELOW ESTIMATES -A CONTRACTION.-1.1%.BUT STI WENT UP 1%!!IF YOU CHOOSE TO BELIEVE IN NEWS, YOU WILL THINK THIS RISE IS FAKE.BUT COME ON- SINCE WHEN ISN'T THE STOCKMARKET FAKE?DO YOU KNOW WHY GENERAL PUBLIC FEEL VERY INSECURE ABOUT STOCKMARKET?THEY DO NOT KNOW WHEN THE STOCKMARKET IS "TELLING THE TRUTH".BECAUSE GENERAL PUBLIC HAS ALREADY BEEN CHEATED AT THE HIGHS WHEN ECONOMY IS VERY GOOD.
BUT IF YOU HAD BEEN IN THE STOCKMARKET, AND HAS BEEN OBSERVING IT FOR MORE THAN HALF A DAY EVERYDAY,YOU WILL BE LIKE ME,KNOW HOW TO BE "TRICKED LESS OFTEN"
I HAVE BEEN IN THE STOCKMARKET FOR 9YEARS,9YEARS I SEE THE SAME STORY SAME SITUATIONS UNRAVELLING.STOCKMARKET ALWAYS IS AHEAD OF ECONOMY.THE SLOWDOWN OF THE SINGAPORE ECONOMY NOW IS EXPECTED AS STI HAS ALREADY "SLOWED DOWN" FROM NOV 2010 TO OCTOBER 2011 TRADING IN A DESCENDING BROADENING WEDGE.ONLY NOW DOES STI BREAKOUT OF THE 1.5YEARS OF "SWIMMING".HENCE STOCKMARKET VETERANS,LIKE ME, NEVER ALLOW NEWS TO BRAINWASH OUR MINDS AS WE ALREADY KNOW WHAT WILL HAPPEN TO THE ECONOMY 6 TO 9 MONTHS DOWN THE ROAD.FOR EXAMPLE,OCTOBER 2011 WAS VERY BAD FOR THE STI,8MONTHS LATER TODAY,JUNE 2012,Q2,SINGAPORE GDP BECOMES NEGATIVE!!IT AIN'T A COINCIDENCE,ok!!
I HAVE FINISHED WRITING MY DIARY TONIGHT.WHY AM I REVEALING SO MUCH?BECAUSE I DO NOT NEED MONEY.BECAUSE I BET ON THE RIGHT DIRECTION,SO I HAVE A LOT OF TIME TO WRITE SUCH A LENGTHY POST.BECAUSE I AM A SWING TRADER,NOT A LOW CLASS PUNTER WHO GO IN,OUT EVERYDAY EARN 1,2 BIDS RUN AWAY.BECAUSE I WANT YOU ALL TO KNOW AND TO LEARN STOCKMARKET IS NOT PURE GAMBLING. IT IS PURE SKILL,PERIOD. IT IS YOUR MINDSET TO TREAT IT LIKE GAMBLING. ORDINARY FOLKS DO NOT HAVE THE TIME OR THE PASSION TO OBSERVE THE STOCKMARKET SO LONG A DAY,HENCE THEY TREAT IT AS ANYHOW BET.THE DIFFERENCE IS I HAVE THE TIME AND THE MONEY TO STARE AT THE GAMES PLAYED EVERYDAY!!
GOODNIGHT!
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