Friday, February 25, 2011

Thursday, February 24, 2011

Tuesday, February 22, 2011

FSSTI, the more time drags............the uglier the chart gets>>>

like some of our ministers say, "it impossible to have a budget to satisfy everyone"
the stock mkt is the same, "there is no one scenario where all are winners"

FSSTI Double Triangle Breakdown, Number to watch 2900-2930




Happy trading

Friday, February 18, 2011

FSSTI!!! nice rebound collaspe becoz of Budget!!

dissapointed.....................i really wonder sometimes will that effort be recognised..............

HSI SPot on!!!!! break up.........and some resistence and support lines!! Enjoy

FSSTI Hrly at a crucial pt!!

Thursday, February 17, 2011

HSI, looking better..........just manupilate HSBC

hrly shows very nice little covering of the gap


daily chart show a break up of short term down trend but overall still in downchannel................

cheers have a nice friday tomolo

FSSTI looking a little more positive>>>>>BUT struggling

this chart shows a more optimistic FSSTI


will it happen?? U decide for urself!!!

happy trading, finally its a friday!!

FSSTI Iin a Dilemma

be on good watch here, STI can do both ways not note the Purple and red lines on the Hrly chart!! its either a 50 pts break up or a 50 pts down kind of scenario>>>> happy trading

Trannies Prediction last week wast spot on!!

This index prewarn that the Dow will continue to move up........heres proof

As in the STI
chart no change, technical rebound still in place, 3120 remains critical resistence but likely test 3180 before the next move down!! happy trading

Yours truly

S&P blast up 100% from the devils bottom

Wednesday, February 16, 2011

Bull, Bullisher,Bulliest, Bullshit on the DOW

the bullish pple in US just get Bullisher and Bullisherer every day , yesterday was down and then move up in the last hr, dip buyers are there........Free money, who can blame them.......inflation, unemployment data cheats, oh well

Monday, February 14, 2011

Oversold mkt, sighs of capitulation seens on friday, Is this the bottom??

mkts have been alittle oversold, so expect rebound, BUT as important support were breached, there are impt pts to clear on the charts for asia mkt to turn up trend............

Dow and the S&P has been stellar, nothing is able to bring the mkt down, not yet just not yet.......Trans as predicted is the new mkt leader, The diamond is broken...........

but first stella performance from the Trans


FSSTI(a.k.a Jardine times index)

HSI


happy trading

Thursday, February 10, 2011

Charts at yesterdays mkt close

Dow 30

Dow Transportation

FSSTI (a.k.a Jardine Times Index)

Happy Trading

Wednesday, February 09, 2011

HSI chart........identified breakdown pt

Happy New rabbit Yr.............sucky for small economies, Best for Con economies

hi there pple

long time no blog......2010 passed like flies and it was really a better year than most pple have expected......
A not so bad yr for me as milestones of life have been done.......BUT thats not impt....today while on the train it inspires me to think how on earth STI is soooooooooooo useless but Dow, S&P500, Nasdaq, Dax, FTSE100 are sooooo powerful............

One main reason Liquidity......the bearded Ben prints money like water flowing down the grand canyon........it is a extraordinary party here........this is the greatest equity rally ever!!

There is always big question.......what happens when the party ends.......
does valuation still plays apart in those mega super mkts? Was there even a credit crisis? is demand on world recovery real? With commodities prices so high, are US inflation numbers even correct? Unemployment numbers the ADP and the NFP numbers always neber match...... sometimes these question really puzzling......but as i always say, US financial engineers are the best, they can sell options on Ice to eskimos then repackeage to a new pdt and sell to man on the street........Money make pple think and exploit the weakness of man....the word GREED is the most powerful in this context........

enough of my crap lets see some charts

this is the daddy of all rally, unstoppable in the last 3 mths, for the past 7 days have been breaking new highs every single day........a correction is needed but it just wouldnt come, 12 000 gone in a breeze, everyone wants to sell at a higher price and everyone is waiting.......when all man wanna rush out the same door, it will happen......but for now this Dow train just keeps going and going and going thanks to Ben

Dow transportation Index(so call mkt first indicator)

interestingly, the index that lead the Rally in the early dec is now the weakest sector, the Trans is near the 2007 high..........watch out for the diamond formation form recently, if its to breakout, this massive wave will probably propel this rally even further......

FSSTI (should be rename call Jardine Times Index)
think the pic is self explainatory

Good day happy trading

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