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Market 12-year cycle
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singaporegal
Supreme |
05-Mar-2006 10:49
Yells: "Female TA nut" |
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From a Tech Analyais perspective, I think SMRT will downtrend in the short term. check out the Accumulation/Distribution and RSI charts. |
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NiToyo
Member |
05-Mar-2006 10:44
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7 out of 10 of our fate and luck are prefixed by god (tian-gong) esp 4 share market. All these hve been written in d Chinese calendar represented with 12 animals. Base on historical records, share and property markets have 12 years cycle and always crashed during Tiger year, ie 1973/74, 1985/86, 1997/98? so would it happen in 2009/10. After the crash, it would take at least 7 years to recover to the top (call bull run), eg.. 1980/81, 1992/93 and 2004/05. Believe not? So let us take the remaining 1 to 2 years opportunities to enrich our bank account before it crash again in 2009/10.. Fortunately, our IR would be ready to save and back us up. |
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