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)
Tuesday, July 17, 2012
17th JULY 2012--I said before those who short hangseng at 19.3k last monday will have to be covering back at a loss today,seeing all your gains wiped out.PLEASE DO NOT GO AGAINST THE SP500 8TH 10+WEEKS UPTREND PATTERN.
1) SP500 MUST BREAK DOWN 8TH 10+WEEKS UPTREND PATTERN'S DIAGONAL UPTREND LINE,THIS WEEK IS THE 7TH WEEK.
2)SP500 MUST BREAK DOWN THE "HUMPY" 3 HUMPS DIAGONAL UPTREND LINE.
IF IT CANNOT MAKE EVEN THE 1ST,HOW CAN STI GO TO BELOW 2.5K??in chronological order,1) must break 1st then will lead to 2) breaking
PLEASE BE LOGICAL AND RATIONAL,GO STEP BY STEP.WHO ARE YOU AND WHO AM I TO HAVE RIDICULOUS FLYING UP AND DOWN TARGETS??JUST BECAUSE YOU THINK FUNDAMENTALS ARE BAD,STOCKMARKET HAS TO LISTEN TO YOU???JUST BECAUSE YOU THINK FUNDAMENTALS ARE BAD,STOCKMARKET RALLY IS FAKE??THAT IS ALL JUST CANNOT EAT GRAPES,SAY GRAPES SOUR.JUST BECAUSE ECONOMIC DATA IS BAD,YOU POSE AS BEN BERNANKE AND THINK BEN BERNANKE WILL IMPLEMENT QE3 BY X YEAR,Y MONTH.PLEASE DO NOT PLAY ECONOMICS GOD,WHEN MANY OF YOU ARE NOT EVEN ECONOMICS GRADUATES,OR POSE AS BEN BERNANKE TO DECIDE STOCKMARKET REACTIONS.
I LOVE TO USE FUCKING DATA TO COUNTER DATA BELIEVING IDIOTS.
1)IF YOU THINK ECONOMIC DATA IS BAD,BEN BERNANKE WILL IMPLEMENT QE3,HOW BAD IS BAD WILL BEN BERNANKE IMPLEMENT QE3??STOCKMARKET LISTENS TO YOUR DEFINITION OF BAD??HAVENT U FORGOTTEN STOCKMARKET PLUNGE ALSO ON BAD DATA??
2)IF YOU THINK CHINA GDP IS VERY STRONG,HOW STRONG IS STRONG THAT WILL NOT CONTRIBUTE IN HYPER INFLATION??HOW STRONG IS CHINA GDP THAT IT WILL CONTRIBUTE TO STRONG GROWTH AND NO HYPER INFLATION THAT CHINA PREMIER WONT STEP IN TOINTRODUCE COOLING MEASURES?????
YOUR MEASURE OF STRONG GDP??????
WHO ARE YOU TO DETERMINE POLICIES IMPLEMENTATION?PLEASE STOP SPECULATING AND COME DOWN TO REAL HARD EVIDENCE IN CHARTS.it really irks me so many people who are not even economics graduates spew out so much economics rhetoric and think that stockmarket obeys YOUR rhetoric??I am economics graduate from NATIONAL UNIVERSITY OF SINGAPORE and yet THERE IS ZERO ECONOMICS SHIT IN MY ANALYSIS.
Monday, July 16, 2012
16th JULY2012-did you see the same nonsense repeat?WHY STI 3000=SP500 AT 1350s?reconfirm what i predict for sp500 BELOW SCENARIO 1 OR 2
JULY 6TH 2012-STI +7,+0.2%
AT NIGHT-SP500 -1%
july 9th 2012-sti -1.6%
AT NIGHT -sp500 -0.2%
july10th 2012-sti +1.2%
AT NIGHT-sp500 -0.8%
july 11th 2012- sti+0.8%
AT NIGHT sp500 FLAT
July 12th 2012-sti -0.4%
AT NIGHT SP500 -0.6%
JULY 13TH 2011-sti +0.7%
BEFORE USA AT NIGHT OF JUL 13TH 2012-LET'S RECOLLECT AND CALCULATE THE TOTAL-
STI +1%
sp500 -2.6%
AT NIGHT SP500 UP THE MISSING 1.6% to RETURN TO JULY5TH VALUE BEFORE THE USA DROP ON FRIDAY,JUL6TH, NIGHT!!THAT WAS WHY STI "TOOK THE INITIATIVE" TO RECOVER ALL OF THE 1.6% LOSSES 1ST BEFORE USA DID THEIRS ON FRIDAY,16TH JULY2012
AMAZING?3000 = 1355.why?
1355 MULTIPLY by 110%=1480-1500(MY TARGET FOR SP500's 8TH 10+WEEKS UPTREND PATTERN ENDING)
3000 MULTIPLY BY 110%=3300(NOV 2010 MAXIMUM 3313)
THAT IS WHY STI TODAY ON THE 16TH JULY 2012 IS FLATTISH BECAUSE IT HAS FACTORED IN US MARKET 13TH JULY MASSIVE RISE ALREADY. SGP/HK MARKETS GENERALLY REACT BEFORE US MARKETS,HENCE IT IS MORE CHALLENGING THAN TRADING US MARKETS.
HOW CAN THAT GUY,SCULLY BOY, IN THE POST BELOW,SAYS STI TO GO TO 2.5K OR BELOW??CAN HE PLEASE DO NOT FLY UP OR FLY DOWN?????BE RATIONAL PLEASE.
I AM WATCHING THE MARKETS EVERYDAY, UNLESS SP500 BREAKS THE "HUMPY" RIDE TRENDLINE,THEN SCULLY PREDICTS STI TO GO BELOW 2.5K MAKES SENSE.
NOW SP500 IS STILL ABOVE,IS THERE ANY INDICATION?THE MARKETS LISTEN TO IRRATIONAL FLYING UP FLYING DOWN?? I AM NEVER OVER BEARISH OR OVER BULLISH OR CLAIM WHETHER THERE WILL BE QE3 QE3000,ETC.I AM NOT BEN BERNANKE.I AM NOT INTERESTED TO BE BEN BERNANKE.WHAT I SAID BASED ON ECONOMIC DATA WILL BE JUST PLAIN COCK.I KEEP STOCKMARKET PLAIN AND SIMPLE-STOCKMARKET TELLS ME WHAT,I DO WHAT.I AM A GO BY LEVELS TRADER,NOT A FLYING UP OR FLYING DOWN SHITTY TRADER
16th JULY 2012-REVELATION OF STOCKMARKET MANIPULATION 2-THOSE WHO SAID TECHNICALS ARE USELESS,PLEASE DO SEARCH YOURSELF MORE THOROUGHLY.LOOK AT WHAT THOMAS BULKOWSKI SAID THAT I APPLIED IN THE HANGSENG INDEX
MY PRIVELEGE BANKER FRIEND RETURN SMSed ME "MAJORITY ARE BULLISH AFTER THE GREECE DEBT DEAL,IS THIS WHERE THE MARKET TURNS?"
please pay attention to the sexy word" majority".that is why majority can't even last 1 year trading stocks.
from page 829 encyclopedia of chart patterns by THOMAS BULKOWSKI:-"in bear markets,a second large decline is likely within 6months".hangseng is already in bear market,hence after the october 2011 peak,we get a decline to nov end 2012,and 2nd large decline came in after april 2012,6 MONTHS APART
page 830 encyclopedia of chart patterns by THOMAS BULKOWSKI:-"if a dead cat bounce occurs...ride price upward in the bounce and get out.Prices will likely move lower and another Dead cat bounce may await 3 or 6 months down the line."--october 2011 and january 2012,hangseng has 2 major DCBs,3MONTHS APART
amazing that all the answers are already written in the book "encyclopedia of chart patterns".so i ask you all again-is stockmarket movements due to ad hoc news/economic data release?stockmarket majority time, is NOT A RANDOM WALK;it is very "coincidental" and "well planned".
16th july 2012-LOOK AT ALL THESE IMMEDIATELY GO HUGELY OPPOSITE,FUCKED UP PREDICTIONS
Greece elections could trigger the "Great Stock Sale" GSS in June 2012........what investment strategy should we adopt during these uncertain times .....
Monday, 21 May, 2012 11:35 AM Posted by Kevin Scully
Last Friday, I was invited by Lim & Tan to do an investment presentation on the Investment Strategies for the Singapore market in 2012. The slides can be downloaded from our website.
The key messages during my talk were:
a) the problems in the EU would take many years to resolve and we are likely to see problems surfacing from individual members of the EU every now and then - bottom line - more market volatility in the months ahead(WHO DOES NOT KNOW EUROPEAN CRISIS TAKE LONG TIME TO RESOLVE?WHICH CRISIS IS SO FAST RESOLVED?EQUIVALENT TO TALKING COCK.I ALSO KNOW EUROPEAN CRISIS,AMERICA CRISIS NOT SO FAST FINISH THAT IS WHY I SAID S&P500 ON COMPLETION OF 3RD HUMP WILL FALL TO 1200-1230.IS NOT THAT MORE IN DETAILED THAN JUST TALKING SUPERFICIAL,GENERAL COCK?)
b) if you cannot stomach the volatility, then shift about 50% of your portfolio into defensive yield plays. I also provided a list of yield stocks or investments that investors can look at for the yield holdings.(WHAT? SHIFT INTO HIGH YIELD HOLDINGS,A.KA DEFENSIVE PLAYS ONLY AFTER STOCKMARKET PLUNGE FOR 3 WEEKS ALREADY?MAN!YOU ARE TOO LATE IN THE GAME,SCULLY BOY!I WAS ALREADY BEARISH IN FEBRUARY 2012)
c) Greece elections on June 17, 2012 would be a referendum on whether Greece will accept the austerity measures - if not it is likely to leave the EU through a sovereign default (orderly or disorderly). When this happens I expect the VIX index to rise to the 40-45 level.(WHAT??MAN! YOU ARE DEFINITELY NOT A FAN OF THE VIX!HOW COULD YOU NOT SEE THE VIX DOWNTREND CYCLE?IN MAY 2012,IT WAS ONLY 7 MONTHS OLD FROM OCT2011 PEAKS.PLEASE GO AND MEASURE IN THE PAST 2 DOWNTREND CYCLES OF THE VIX,FROM THE PREVIOUS PEAK TO THE NEXT PEAK,WHERE GOT BELOW A YEAR????WHAT JUNE 2012 GREECE ELECTIONS??OCT 2011-JUNE2012=ONLY 8MONTHS!HOW DARE YOU USE THE VIX WHEN YOU NEVER STUDY IT WELL)
d) when and if the VIX hits 45 - I think the STI Index will fall maybe on low volume to the 2500 level - that is when the Great Stock Sale starts - so you can start nibbling at some blue chips - I have a list of 6-7 in my slides and suggested entry levels. I suggested that investors look to put in 50% of what they had set aside at 2500 and then keep the second 50% to average down if prices fall further on low volume.(WHAT?STI TO FALL TO EVEN BELOW 2500???OH MAN!YES THAT WILL HAPPEN IN NEXT ASIAN CRISIS.PLEASE WAKE UP!THIS EUROPEAN CRISIS IS NOT AT ALL SERIOUS,LOOK AT WHERE THE DAX IS IN MAY2012 WAS AT 6300,ONLY FALLEN 1300POINTS FROM THE PEAK OF 7600,-17% FROM 2011PEAKS.PLEASE GO AND MEASURE HANGSENG INDEX,IN MAY 2012,HANGSENG WAS DOWN 30% FROM 2010 PEAKS,STI WAS DOWN 20+% FROM ITS 3300PEAKS,KOSPI WAS DOWN 20% FROM 2011 PEAKS!!LOOK AT SO CALLED EUROPEAN CRISIS,AFFECT ASIA OR EUROPE MORE??)
e) however if other members start to default such as Spain or even Italy or if the German Government changes in 2013 - then the VIX could rise even higher to the 75 level - that is where it went during the Lehman crisis......if that is the case than 2500 will not hold and we need to look at lower levels. (DEFINITELY NOT A AVID READER AND FAN OF THE VIX,SAME AS ABOVE IN PART C)
f) No QE3 till second quarter or later because of the US Presidential elections.(YOU REALLY THINK SO MARKETS REACT TO QE3?WHO ARE YOU TO DECIDE WHEN WILL BEN WILL IMPLEMENT QE3?THAT IS WHY I NEVER LOOK AT ECONOMIC DATA TO DECIDE QE3 OR NOT BECAUSE I AM NOT BEN BERNANKE.PLEASE DO NOT PLAY ECONOMICS GOD.I AM A GRADUATE FROM ECONOMICS FROM NATIONAL UNIVERSITY OF SINGAPORE,YET I DO NOT POSE AS ECONOMICS GOD AS I AM NOT BEN BERNANKE!I HAVE NO POWER TO DECIDE WILL HAVE QE3 OR NOT?WHEN WILL HAVE QE3?SCULLY BOY!HAVENT U FORGOTTEN STOCKMARKETS PLUNGE ON QE1?wikipedia: In late November 2008, the Fed started buying $600 billion in Mortgage-backed securities (MBS).-QUOTE WITH EVIDENCE.SP500 IN MARCH 2009 WAS LOWER THAN OCTOBER 2008 LOWS,AT THAT TIME,EVERYBODY AROUND ME WAS SO PETRIFIED OF STOCKMARKET AS THEY BELIEVED NEWS SAY THAT THE EUPHORIA BEHIND QE1 FIZZLED OUT.IDIOTS THINK THAT EVEN WITH QE1,STOCKMARKETS PLUNGE=HOPELESS FOR STOCKMARKET!!CAN ADULTS PLEASE WAKE UP?STOCKMARKET IS NOT BASED ON QE1 ,QE2, QE1000,ETC.)
g) Stocks as an asset class based on current earnings forecasts are cheap with many stock markets trading near the low end of their trading range......
Bottom line, no need to panic when markets fall - view it as a buying opportunity - take the time now to identify which stocks and what levels you want to BUY and wait patiently.
NOW,less than 2 MONTHS LATER from your report on may21,2012, ON 16TH JULY 2012-STI IS AT 3,000.THIS IS CALLED LOW GET LOWER,HIGH GET HIGHER MORONS' APPROACH.IN MAY 2012,VERY BAD,HUGE PLUNGE, SO JUST RIDE ON THE WAVE,GO LOWER AND LOWER TO BELOW 2.5K IN STI!!THEN AFTER STI GO TO 3.2K,THEN YOU WILL SEE ALL THESE "FOLLOW THE WAVE-LATE IN THE GAME-TALKING GENERAL COCK TO PRESERVE THEIR CARS,CONDOMINIUMS" ANALYSTS SAY STI TO GO HIGHER TO 3.9K!!
Saturday, July 14, 2012
14th july 2012-as i said before ON 9TH JULY 2012 COMES TRUE-those short hsi/sti on 9th july are idiots--US MARKETS SURGE UP TONIGHT
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!
Friday, July 13, 2012
Thursday, July 12, 2012
12th july 2012-look at the rubbish explanation from news..
U.S. Stocks Retreat as Fed Minutes Disappoint Investors
"Stocks Trim Losses, but Fed Minutes Weigh
CNBC.com Writer
-
"Stocks recovered from their worst levels in the final minutes of trading Wednesday in a choppy session, but investors seemed to remain cautious after minutes the Federal Reserve's latest meeting offered no strong hints about more easing to prop up the sluggish economy...""
12th july 2012-look at how RIDICULOUS self proclaimed senior traders in channelnewsasia forum trade!!
- Join Date
- Sep 2005
- Posts
- 3,617
The weakish Dow is going to affect STI sentiment, maybe not so much on the banks.2)Yesterday 11:05 PM#1205
All the best.
Cheese.
- Join Date
- Sep 2005
- Posts
- 3,617
Good night.
ABOVE TWO COMMENTS ARE FROM CHANNELNEWSASIA FORUM,SINGAPORE'S NO.1 MARKET FORUM.
DOESN'T THIS TRADER KNOW STI/HANGSENG GENERALLY REACT BEFORE US MARKET MOST OF THE TIME??HOW LONG HAS HE BEEN STARING AT THE MARKETS,I WONDER?DOES HE THINK STI BREAKOUT OF FORMATION IS DUE TO SINGTEL WITH CD????????????????????????????????????????????????????THAT IS REALLY CRAPPY TO THE MAX!!
PLease wake up!!THIS TRADER IGNORED MANY REALLY IMPORTANT BULLISH SIGNALS
at least 1 trader talk sensibly.this is his comment:-
Yesterday 11:25 PM#1206
Join Date Apr 2012
- Posts
- 58
- Not really true, it depends if market has already factored in and expect nothing out of the FOMC meeting.
l won't rule out the possibility that the Dow will dive after the minutes is released, and no stimulus is mentioned. But it might trim losses if that had already been factored into the market.
We'll see!
| Wednesday | Tuesday | |
|---|---|---|
| *ST Index | 2,989.31 +24.69 | 2,964.62 +35.54 |
| Volume: | 2,286.2M | 1,733.2M |
| Value: | $1,202.9M | $1,129.7M |
| Gainers/Losers: | 231/147 | 251/129 |
Wednesday, July 11, 2012
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!!
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
- 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.
Hong Kong Developers
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
Tuesday, July 10, 2012
10th JULY 2012-THE MOMENT I SAID THOSE WHO SHORT YESTERDAY R IDIOTS,THE NEXT DAY STI SOAR 35POINTS
NEWS EXPLANATION OF:-
ECONOMIC DATA AND STOCKMARKET
if economic data is good,index rises, news will say investors optimistic
if economic data is bad,index rises, news will say QE3 hopes reignited
if economic data is good, index falls, news will say QE3 hopes dimmed
if economic data is bad, index falls, news will say investors pessimistic
GOLD AND STOCKMARKET AND ECONOMIC DATA
if gold rises,stockmarket rises, inflation higher,news will say inflation pushes asset classes up.
if gold falls,stockmarket falls, inflation higher,news will say inflation erodes asset values
if gold rises,stockmarket falls,inflation lower,news will say investors run to safe havens due to economic contraction.
if gold rises,stockmarket rises,inflation lower,news will say asset classes rises on weak usd
if gold falls,stockmarket falls,inflation falls,news will say economic pessimism
if gold falls,stockmarket rises,inflation higher,news will say investors ditch gold as safe haven status
if gold falls,stockmarket rises,inflation lower,news will say investors ditch gold as no need to hedge against inflation
MUCH MORE EXCUSES...EVEN IF ECONOMIC DATA IS DIRECTLY OPPOSITE THE NEXT DAY,NEWS WILL JUST GIVE ANOTHER EXCUSE AS IF STOCKMARKET INVESTORS ARE ALL DIFFERENT PEOPLE!!
PATTERNS ARE MUCH MORE RELIABLE AS IN THE HANGSENG 1 YEAR DOWNTREND CYCLE,4 OUT OF 5 DOWNTREND CYCLES ARE 1YEAR EACH,SP500 7 YEARS TIMING TO THE NEXT RESISTANCE AND SUPPORT,EG.2000-2007-(2014?),AND 2002-2009-(2016?),ETC.
I GRADUATED FROM ECONOMICS AND MATHEMATICS FROM MATIONAL UNIVERSITY OF SINGAPORE AND YET I NEVER USED ANY SHIT ECONOMICS IN ANY OF MY STOCKMARKET ANALYSIS.
I AM NOT A LABOUR UNION CHIEF NOR AN ECONOMIST BY JOB.MY JOB IS A STOCKMARKET TRADER AND I KEEP EVERYTHING TO THE STOCKMARKET CHARTS ONLY.PLAIN AND SIMPLE.
HOW MANY OF YOU WAITED TILL THE ECONOMY TO GET BETTER,THEN BUY STOCKS?FOR EXAMPLE, HOW MANY OF YOU WAITED TILL SINGAPORE TO BE OUT OF RECESSION IN END OF 2009 TO 2010 THEN BUY STOCKS??BY THAT TIME STI HAS ALREADY GONE UP BY NEAR DOUBLE FROM 1455 TO 2700 IN JUST A FEW MONTHS.
WHEN YOU WAIT FOR THE RECESSION TO BE OVER,CAN U GUARANTEE THAT THE NEXT CRISIS WONT BE AROUND THE CORNER??FOR EXAMPLE,WHEN THE USA CAME OUT OF RECESSION,SUDDENLY COMES THE EUROPE CRISIS.
IF YOU HAVE A THOUSAND AND ONE REASONS NOT TO ENTER THE MARKET NEAR LOWS,GET A VIBRATOR AND ENTER YOURSELF.I AM PROUD TO ANNOUNCE I BOUGHT STOCKS HEAVILY AT THE END OF MARCH 2009,IGNORING SINGAPORE'S LEADER MINISTER MENTOR LEE KUAN YEW STATEMENTS THAT SINGAPORE RECESSION IN 2009 OPTIMISTIC SCENARIO IS 2 YEARS.
Or it could take up to six years; export model is still the best, says MM
| By Clarissa Oon, Senior
Political Correspondent
| ||
MINISTER MENTOR LEE KUAN YEW SAID ON MARCH 21ST 2009, I BOUGHT STOCKS IMMEDIATELY NEXT WEEK,AFTER THE WEEKEND HE SAID IN THE NATIONAL NEWSPAPERS.MANY IDIOTIC SINGAPOREANS ASKED ME "WHY ARE YOU SO URGENT TO BUY STOCKS WHEN MM LEE SAYS RECESSION OPTIMISTIC 2YEARS to recover?"
IN THE END WHO IS RIGHT?THOSE WHO ENTERED STOCKMARKET AFTER SINGAPORE'S LESS THAN 1 YEAR RECESSION ENDED,ALL BOUGHT WHEN THE STI WAS AT 2.7K - 3.2K. MAY I ASK THOSE WHO ENTERED SO LATE IN THE GAME-HAVE YOU EARNED ANY PROFITS BY HOLDING TILL NOW,2012??
BTW,I SAID YESTERDAY,THOSE WHO SHORTED THE HANGSENG AND STI YESTERDAY ARE IDIOTS.THE VERY NEXT DAY,STI ROCKET UP 35POINTS TODAY.
I CRITICISE PEOPLE IS WITH PROOF.I CALL THEM IDIOTS IS WITH PROOF-
TRADERS WHO SHORTED YESTERDAY IGNORED MANY MANY BULLISH SIGNALS FROM THE MARKET:
1) WHEN DOW WAS -180 ON LAST FRI NIGHT,THE VIX WAS ONLY +3%.
2) DOW CLOSED -120 ON LAST FRIDAY NIGHT,THE VIX EVEN ENDED NEGATIVE!!
3) USD WENT UP AND MET TWO RESISTANCE TRENDLINES
4)VIX DOWNTREND CYCLE IS MORE THAN A YEAR FROM TOP TO THE NEXT TOP,NOW IS STILL TOO EARLY
WHEN ONE IS WRONG,DONT BLAME ANYBODY ELSE BECAUSE THE ANSWERS ARE IN THE CHARTS.YOU HAVENT SEARCHED THE CHARTS HARD ENOUGH.
Monday, July 9, 2012
9th JULY 2012-GOLD BULLS ARE LIKE SINGAPORE/HONGKONG PRIVATE PROPERTY BULLS-DECEIVING THEMSELVES!!!
THEN ALL OF THEM WILL GET STUCK WHEN GOLD GOES BACK TO USD$400.
WHEN I BOUGHT A COMMERCIAL SHOP IN 2005,WHERE ARE THE FUCKED UP PRIVATE PROPERTY BULLS??WHEN I BOUGHT MY SHOP IN 2005,PROPERTY BULLS ARE STILL SUCKING MAMA'S MILK!!!!!(note:I DIDNT SAY CONDOMINIUMS/GOLD WONT GO UP,I JUST SAID OTHER ASSET CLASSES ARE SO MUCH MORE "CHEAPER".)CONDOMINIUMS prices WILL BE JUST SWIMMING IN A BAND BEFORE THE BIG PLUNGE WHEN STOCKMARKETS IN ASIA TUMBLE AROUND 2015-2016.
THEN AFTER PRIVATE PROPERTIES SURGE IN SINGAPORE AND HONGKONG,MAJORITY THEN JUMP ON THE BANDWAGON!!!
WHAT A BUNCH OF FOOLS
9th JULY 2012- PEOPLE WHO SHORTED HANGSENG AND STI TODAY ARE IDIOTS
1)vix close DOWN on friday night,6th JULY 2012 and was up only 3% when dow was down 180points.I DONT KNOW HOW MUCH DUMBER COULD PEOPLE GET?SUCH AN OBVIOUS HINT-MUST NEED MEDIA/NEWSPAPERS TO TELL YOU ECONOMY GOOD THEN DARE COME AND BUY??
9th JULY 2012-my detailed HANGSENG INDEX PATTERN-TALLIES WITH MY EARLIER CHARTS LINKING HANGSENG WITH SP500 2012-2016 PERFORMANCE!! AND SHANGHAI COMPOSITE'S LOVE AFFAIR WITH JULYS
SHARESWIZARD'S SCENARIO:
SHANGHAI COMPOSITE TO HIT A LOWER BOTTOM THAN 2132,AROUND 2080 AND THEN WILL COME A VERY STRONG SURGE STARTING IN JULY-AUGUST AFTER SHANGHAI COMPOSITE HIT A NEW LOW.
USA 8TH 10+WEEKS UP PATTERN WILL END AROUND AUGUST TO SEPTEMBER AND HANGSENG/STI WILL CONTINUE TO GO UP OR AT WORST FLAT WHEN USA START RETRACEMENT IN AUG/SEPT 2012
Friday, July 6, 2012
JULY 6TH 2012-usa 10weeks up + bdi already +80% + sti at DESCENDING BROADENING WEDGE RESISTANCE-WHAT'S MISSING?CHINA SURGE
NOW,BDI +80% FROM FEB2012 LOWS 647 , USA 8TH 10+WEEKS UP PATTERN + STI AT DESCENDING BROADENING WEDGE RESISTANCE FROM NOV 2010,A MORE THAN 1.5YEARS FORMATION.,what is lacking now when compared to oct08-aug09??
CHINA SURGING UP IS THE MISSING PIECE OF THE DRYSHIPS JIGSAW
Monday, July 2, 2012
2ND JULY 2012-FRIDAYS' USA INDICES' PERFORMANCE TEND TO MIRROR THAT OF THE UNDERLYING TREND MOST OF THE TIME
7TH 13 WEEKS UPTREND IN SP500(1219-1404) STARTING DEC 19 2011 WEEK
5TH RETRACEMENT PERIOD IN SP500(1422-1267) STILL COUNTED AS RETRACEMENT AS THE 1267 ALTHOUGH DROPPED INTO CORRECTION TERRITORY,BUT WAS SHORTLIVED,GENERALLY IT IS STILL A RETRACEMENT PERIOD(STARTING APR 2ND WEEK)
1) APR 6TH 2012 FRIDAY-HOLIDAY
8TH 10+ WEEKS(10?11?12?13?) UPTREND IN SP500
1) JUNE 8TH 2012 FRIDAY-sp500 up 11points




















