
Aiyoh, I no master lah. Just realised I overlooked an important textbook wave staring at me! The diagonal started 08Feb to 15 April is a "giveaway" hint that it is a rare leading diagonal A wave of a sideways ABC (because leading diagonals are never wave 2 and wave B !!).
Ideally, Capland should touch 3.62, to complete B of B, then reverse to complete a 'C' of B, ideally at 4.25 . Then afterwhich it should continue to drop to 3.43 (where A=B).
That means the sharp drop from 19Jan till now should only be a 3 wave correction. That means, I am killing my other pessimistic count.
warren_buffet ( Date: 04-May-2010 16:33) Posted:
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boyikao3 ( Date: 04-May-2010 15:24) Posted:
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boyikao3 ( Date: 04-May-2010 15:43) Posted:
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Ideal fibonnaci levels to wtach for:
1. $3.43 area (if price plunge thru tis without reversing immediately, then jia lat - means pessimistic count is in force)
2. $2.92 area (strong fibbo area for a breather and possibly a flat consolidation)


prince ( Date: 04-May-2010 10:04) Posted:
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Patient investors will wait for price to dip in the midst of short seller's fear of price surging upwards. :)
prince ( Date: 04-May-2010 12:30) Posted:
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hi2all ( Date: 15-Apr-2010 09:58) Posted:
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KannaSze ( Date: 04-May-2010 10:20) Posted:
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Richman ( Date: 04-May-2010 10:29) Posted:
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You have Good Analytical Skill. You are able to gather news, reports, data and figures to make your call.
Good Job!
KannaSze ( Date: 04-May-2010 10:20) Posted:
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nickyng ( Date: 03-May-2010 09:39) Posted:
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boyikao3 ( Date: 19-Apr-2010 12:15) Posted:
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warren_buffet ( Date: 19-Apr-2010 09:43) Posted:
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KannaSze ( Date: 19-Apr-2010 14:47) Posted: |
boyikao3 ( Date: 19-Apr-2010 23:24) Posted:
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boyikao3 ( Date: 01-May-2010 22:28) Posted:
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Stock market is easy money if you know the direction.
But many people don't know the direction.
Some people may know direction, but have no discipline to follow them.
Others got discipline, but no guts to make it big.
The few that have guts to make it big, can get too greedy and forgot about the direction.
In short...
Making money from the stock market is easy, but not as easy as it seems.
Richman ( Date: 03-May-2010 13:31) Posted:
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For example,
If you have shorted CFD 50 lots @4.07 two weeks ago...
Then today you cover by buying back 50 lots @3.68,
At the same time, or on the same day, you buy a separate 50 lots @3.68 ( or lower)