of course...1000 yrs...well we see it after fall..to mid 2010...forget abt TA...he himself also say it is not fantastic...he admited himself right???

it is just past data collected..if u follow TA last Mar..u miss the train together with him.....i am sure he is..

Hahah... I beg to differ,

As a gentleman, I shall not argue with un-gentlewoman who are stubborn.

Just wondering who is stubborn, I just think it is the pot tat calls the kettle black.

Nah...nah,,,nah... TA is not fantastic, not miracle hocus-pocus crystal ball prediction, is not infallible, so TA cant make sure sti will reach 3000...and dow 10000..  just as I think your views may be right n may also be wrong as we are all mere mortals unless u have that supernatural divine powers.

So since u have divine supernatural powers, u make sure sti 1000 n dow 3800, but alas u may be also right by sheer luck as it is 50/50 chance.

Since cheongwee said TA is lousy, read below from some well-known analyst on why TA is not lousy:

How to Grab Significant Short-Term Profits From Technical Trading

by Mark Skousen, Advisory Panelist

Highlights in this issue:

• Why you should add a few technical tools to your investment arsenal.

• How to gauge investor sentiment, "tech-style."

• These two effective technical indicators point to three investments.

Dear Investment U Reader,

"The overwhelming majority of economic theories, market forecasts, trading strategies, investment systems, hot tips and sure-fire speculations never pan out." ~ Alexander Green

In the August 14 Investment U issue - "Why Most Investment Systems Simply Don't Work" - Alexander Green urged you to stick with the tried-and-true method of fundamental analysis.

He did so using this mantra: "There is only one thing that dictates where a stock will go: earnings."

I agree that earnings are the ultimate determinant of stock prices in the long run. But that's not the only way to gauge where a stock is headed next.

I firmly believe that technical analysis - volume, trading patterns and historical trends - can enhance your returns tremendously and can keep you out of trouble in many cases. Here's why...

How an Earnings-Based Investment Model Crippled Bank of America Buyers

The problem with taking a straight earnings approach to investing is that stock prices aren't determined by current or past earnings, but by future earnings in relation to the current price.

Throughout the past decade, for example, earnings looked great for Bank of America (NYSE: BAC). In June 2008, it earned a record $3 billion. You'd have made a bundle of money investing in BAC during the new millennium. Factoring in rising dividends, stock splits and share price appreciation, you'd have tripled your money.

But over the next year, Bank of America's earnings plummeted, and by the end of 2008 it had lost $2.3 billion. The stock followed, collapsing from $50 to under $3 a share, wiping out all of the previous eight years' worth of profits (although the stock has since rebounded to $17 a share).

By time the bank announced a sharp drop in earnings, the price was way down - and investors who bought based on earnings had lost their shirts.

So how does one anticipate an earnings collapse like that?

Use Technical Analysis to Prevent Pain - And Profit

Needless to say, sound economic analysis doesn't hurt. Many economists (including our own Alex Green) predicted a real estate collapse and the subsequent financial trouble.

But using technical and historical trend analysis can also prove extremely helpful in improving your investment results.

For example, many technical analysts have fared extremely well over the past decade (and more), using chart patterns, volume and historical trends. And investors like Bert Dohmen, Jim Dines and Dennis Slothower profited from major trends in commodities, stocks and foreign currency, while avoiding most of the financial crises in 2008, because they used an advanced version of technical analysis.

Here are two other simple tools that have proven very effective...

If you used these two technical tools together, you'd have got out the stock market in October 2007 and not re-entered until April this year - without being whipsawed back into the market. Not bad.

Chart: http://www.investmentu.com/images/iu082709chart.gif

Gauging Investor Sentiment... Tech-Style

Put simply, technical analysis isn't a crystal ball, but it's a good way to measure the psychology of the market.

When new highs and new lows are at all-time highs, it suggests a strong bullish trend. Conversely, if the indicator is at an all-time low, it signals incredible pessimism.

The new highs/new lows indicator gave a sell signal in October 2007 and a buy signal in April 2009 it's still bullish.

According to the chart, the market is headed higher, so investors should consider several choices...

Of course, technical traders use a variety of ratios, indicators and charting patterns to make their buying and selling decisions. Their systems are never perfect because human action is not always predictable, but human behavior and the herd instincts are sometimes quite apparent and experienced traders can make a great deal of money and avoid the worst of bear markets.

Good trading - AEIOU,

Mark Skousen

lookcc....1400 will be a bonus hoh...i am looking at 1000....but i hope u are rtight..

but if it have to be, then so be it...we just be prepare for the wosre..

tonite job claim ok, but not impressive...

trade widen..but that would be a positive sign that consumption maybe picking up...

well...i earn more than my bf.. i know finance, accounts,investment.. my bf know nothing... somemore, i not only a career woman...but also i have to cook nice soup n foods for him during weekend...

see, woman nowadays are not easy !! 

yes...u are right...even my old man lose me in term of turnover...and with handsome profit fr stock...he look even worse...hahaha...and i give him business contact..all his contact no $$$..less contract ..so less business for him..

and look at my daugther..more brilliant than my 2 sons.in term of education or earning power!!!