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Dun spread fear lah! This is healthy correction, buy on dip huh, buy on dips...
Hulumas ( Date: 29-Jun-2010 16:38) Posted:
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should be unrelated, spore gov will go to india if china cannot fix their economy.....haha
pharoah88 ( Date: 29-Jun-2010 16:49) Posted:
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SSE and STi UNrelated ?
Buy some lar.. Especially good FA company...I bought Noble and China Sports...
Their FA quite good, when recover will fast also
Hulumas ( Date: 29-Jun-2010 16:38) Posted:
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Time to buy or sell?
Jackpot2010 ( Date: 29-Jun-2010 16:34) Posted:
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SSE has entered CRASH territory! having fallen by 26% YTD 2010. IF DOW should drop triple digit next few days, may see blood on the street liao...
dun blame him la.. many TA predictors also got it wrong.. i also tot 2600 is good enough for a strong rebound.. but failed..
KuaiLAN ( Date: 29-Jun-2010 15:48) Posted:
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a chinese saying: "market rise on hope; market fall on no-hope"
wonder got hope or no-hope this year?
wah, TRENDLINE, you still dare to come here. I had been following your posting of SSE going up since beginning of the year. Even if I throw dice it has a better chance of being right.
...sad................
sse one of the most under performer this yr.. hope they can turn it round
Since the call for a rebound, SSEC broke out of the downtrend channel. Here's an update
http://trendlines618.blogspot.com/2010/05/shanghai-composite-medium-term-upwards.html
Risk-reward favours the bulls. Medium-term Wave C up may be about to start.
Good article indeed!
trendlines ( Date: 20-May-2010 00:35) Posted:
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Kum shia! Had cleared BOC n ICBC for good liao. No div given on BOC, waited so long! But hv money to buy Carlsberg at NTUC liao, got discount ds week.
It looks like the bear market is still young...
Like a young Panda (xiao xiong mao) ...
Shanghai Composite is due for a rebound in the very short-term. Here's the chart:
http://trendlines618.blogspot.com/2010/05/shanghai-composite-very-short-term-due.html
After Shanghai broke through 2700 level, went back to the drawing board and here's the analysis:
http://trendlines618.blogspot.com/2010/05/shanghai-composite-zig-zag-correction.html
Elliott Wave Analysis still requires another wave upwards at the end of this correction.
Althought bearish on the longer-term, the medium-term bullish triangle scenario for Shanghai Composite is still intact. Here's why:
http://trendlines618.blogspot.com/2010/04/shanghai-composite-bullish-triangle.html
Shanghai has ended Wave D up, should be followed by a downwards-to-sideways movement, before a thrust up. Refer to blog for details
Shanghai may rise in the very short-term:
http://trendlines618.blogspot.com/2010/04/shanghai-composite-very-short-term-one.html
http://trendlines618.blogspot.com/2010/04/shanghai-composite-very-short-term-one.html
Shanghai Composite Update
After a period of weak consolidation Shanghai Composite has broken to new lows today, going down a whopping 4%. In my last post, i suggested volatility ahead, with a possibility of one more new low. This move, while unnerving to most investors, is probably nothing more than a shaking out of weak hands before a reversal(probably a sharp one) - a head fake of sorts.
http://trendlines618.blogspot.com/2010/06/shanghai-composite-shaking-out-weak.html