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DOW

I will only listen to trading results, nothing else...

hehehe... 

risktaker      ( Date: 13-Oct-2009 13:44) Posted: PM me i will explain to you why :) iPunter      ( Date: 13-Oct-2009 10:00) Posted: Why like dat? Dow "Cheong Aaaaaaarrrhhh!!!" last night, but today's STI down... .

 

if dow still cannot stay at 9900 after J&J and Intel results tonight,  it shoots all the way 10000k when Goldman Saach and Google announce their results on Thurs/Fri..

 

 

 

PM me i will explain to you why :)

iPunter      ( Date: 13-Oct-2009 10:00) Posted: Why like dat? Dow "Cheong Aaaaaaarrrhhh!!!" last night, but today's STI down... .

 

Simply means STI more and more resilient and independent to DOW! That is the way aha. aha.. I like best!!!

iPunter      ( Date: 13-Oct-2009 10:00) Posted: Why like dat? Dow "Cheong Aaaaaaarrrhhh!!!" last night, but today's STI down... .

 

Why like dat?

Dow "Cheong Aaaaaaarrrhhh!!!" last night, but today's STI down... .

 

today black candle... tomolo oso black candle.... Wed dun know....hehe....

 

agree ..time to pick growth stock ...best time for business growth ..

 

No such thing called crash at least within next three years!!!

des_khor      ( Date: 10-Oct-2009 13:09) Posted: Stock rise with thin vol are bearish indicator as any pull back will be very sharp.... touch wood next week if US bank report disappoint earning by than we have to go for free fall again.                       Now we are at the gambling junction 50/50.

 

USD has been stabilised... it is too costly for countries when BIG reserve to see it dropping.... they have to come in n support....

dun read the news too much n believe whole heartedly.... hehe.... 

 

when u  see everywhere ppl is buying commodities.....

i.e. get out of commodities.... ie. short Big Time....

Long USD or POUND.... hehe....

 

Gold is riped for shorting as well.... hehe.... 

 

don't try this week....expecting big results from big companies from tomorrow.

 

time to short again... hehe.... 

 

Stock rise with thin vol are bearish indicator as any pull back will be very sharp.... touch wood next week if US bank report disappoint earning by than we have to go for free fall again.                       Now we are at the gambling junction 50/50.

 

I keep saying, post PRC's National Day, I am very very very BULLISH about the global market, especially PRC's capital market!!!!!!!!

cheongwee      ( Date: 10-Oct-2009 10:51) Posted: i am refering to S&P..1075... i see penny and mid cap much much higher in Nov.. I would not be surprise next GDP out  is +ve..stock will rocket to the moon. a weak dollar is actually a blessing..help US to sell more..

 

Hi cheongwee.

S&P bearish wedge, look at the apex carefully. Where is it converging?

Highs of Oct 07 and May 08 may provide us a clue.

cheongwee      ( Date: 10-Oct-2009 10:46) Posted: It is forming a bearish wedge toward 1075...this happen when trading range shrinks as stock head higher.. normally , this type of pattern preceded SHARP moves downward.. but the vol and funmental wise are all soild...and LEI is ever solid..so the moves downward are not supported fundamentally for now..unless sudden big bad news so if not big move down, then it got to be big move UP!!!! P.S. from what i read, this bearish wedge is true 70% of the time only.. but this time it is the 30% ..becos all data are solid...mid term bullish...next week look good..

 

i am refering to S&P..1075...

i see penny and mid cap much much higher in Nov..

I would not be surprise next GDP out  is +ve..stock will rocket to the moon.

a weak dollar is actually a blessing..help US to sell more..

 

It is forming a bearish wedge toward 1075...this happen when trading range shrinks as stock head higher..

normally , this type of pattern preceded SHARP moves downward..

but the vol and funmental wise are all soild...and LEI is ever solid..so the moves downward are not supported fundamentally for now..unless sudden big bad news

so if not big move down, then it got to be big move UP!!!!

P.S. from what i read, this bearish wedge is true 70% of the time only..

but this time it is the 30% ..becos all data are solid...mid term bullish...next week look good..

 

 

Dow broke a resistance on my chart last Thursday

 

Indicators are it will be the beginning of a bull run...