Sunday, December 27, 2009

December 28 Weekly Update - Stock Market Forecast

December 28 Weekly Update - Stock Market Forecast


Fengshui: Market likely to weak. Dec 28 likely to be volatile.


Financial Astrology: There are bullish and bearish planetary alignments. Can bullish planets continue to support the markets? Watch these dates:

Dec 26 – Mercury retrograde might signal short term reversal

Dec 31 – Full moon partial lunar eclipse



Technical Analysis: (TA Masters on vacation)


What my Stock Market Time Clocks say?

Watch December 28 2009 and January 4 2010.



Tuesday, December 22, 2009

Market Myths Exposed - Free Ebook


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You've no doubt heard the old mantras "stocks for the long haul," "diversify," "buy and hold."


Investment gurus worldwide repeat them daily ad naseum. But are they really wise investment strategies for ALL markets as advertised? Can any piece of advice that's so simple yet so vague be of use to you as an investor?


Anyone who diversified their portfolios across several stocks, bonds and commodities over the past three years knows that diversification is no foolproof way to profit. The same goes for anyone who decided to buy and hold the S&P index 10 years ago -- they're 20% down even after the recent rally. Many individual stocks and commodities have performed much worse.


During the mania, when the trend was almost always up, virtually anything had a good chance to go higher. Investors ignored real safe-investment advice, because there was always someone lucking into a moon shot during the insanity. The S&P index itself – followed by the NASDAQ and other futures markets – sat at the center of the mania, and simply being in an index back then often outperformed other popular strategies. That's all over with now.


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About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.


Monday, December 21, 2009

December 21 Weekly Update - Stock Market Forecast

December 21 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to see strength this week.



Financial Astrology: There are bullish and bearish planetary alignments. Can bullish planets continue to support the markets? Watch these dates:


Dec 20 – Mars retrograde, usually signal trend reversal in stocks and commodities. Watch prices for next 10 days.


Dec 21 – Jupiter conjunct Neptune and Moon is bullish?


Dec 26 – Mercury retrograde



Technical Analysis: US indices – Markets continue to trade in side-way price channel. Which way will the market go? A break below channel support will likely signal start of Wave C down.

Friday, December 18, 2009

W.D. Gann - Master of Stock Market Time Cycles

I dream, to be the next "W.D. Gann – Master of Stock Market Time Cycles, for investing"!

Oops, will my dream come true?

Recently, I've been very busy doing alot of research, reading the “works” of W.D. Gann, etc and testing my Stock Market Time Clocks.



One “W.D. Gann” expert said maybe W.D. Gann knew the mathematical formula. But to continue to sell his forecasting services and training courses, maybe he kept it a secret.



Hmm... I guess so, but he did mention one must read his “works” 3 times, then maybe will get his message (the mathematical formula).

I'm still reading his "works". I have tested his Stock Market Forecasting Cycles and discovered it helped identify whether the turn date will be a top or bottom, whether it will be bear or bull cycle. Hmm...my Stock Market Time Clocks already incorporate W.D. Gann's “secret”!



Oops...I'm still working very hard with my research, still so much more to read, analyse, tests, forecast for 2010, forecast for next 8 years.



That's all for now. Stay tuned for more updates on my research when I'm almost complete!


Monday, December 14, 2009

December 14 Weekly Update - Stock Market Forecast

December 14 Weekly Update - Stock Market Forecast

Fengshui: Market likely to see strength, except for December 14, while Dec 15 likely to be volatile.


Financial Astrology: There are bullish and bearish planetary alignments in the sky. Who will win the battle: Bulls or Bears?



Technical Analysis: US indices – there is a bullish and a bearish pattern forming in the indices. Which way will the market go? If S&P 500 breaks 1083 channel support, it would likely be a sell signal.

Saturday, December 12, 2009

Learn What's Really Behind Stock Market Moves

Our friends at Elliott Wave International are offering a free 50-page report from Robert Prechter. Although originally published in 1985, “Popular Culture and the Stock Market” is so timeless and relevant that USA Today covered its insights in a recent November 2009 article.


The report walks you through the ups and downs of the DJIA -- our most sensitive meter of social mood -- and analyzes the trends in popular music and TV shows through periods of positive and negative social mood over the past century. It reveals how social mood as reflected in the stock market actually defines popular culture.


Download "Popular Culture and the Stock Market" Today!


About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.


Wednesday, December 9, 2009

How to Spot Trade Setups - Free Ebook

Our friends at Elliott Wave International, the world’s largest market forecasting firm, have just updated their free report, How to Use Bar Patterns to Spot Trade Setups.

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About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.

Monday, December 7, 2009

December 7 Weekly Update - Stock Market Forecast

December 7 Weekly Update - Stock Market Forecast


Fengshui: Market likely to be weak this week, except for December 7 & 8, while Dec 11 likely to be volatile.



Financial Astrology: There are bullish and bearish planetary alignments in the sky. Who will win the battle: Bulls or Bears?


Technical Analysis: US indices – there is a bullish chart pattern and a bearish chart pattern forming in the indices. Which way will the market go?

If S&P 500 breaks 1083 channel support, it would likely be a sell signal.


Review Friday December 4: “The US markets roared higher this morning on the back of a better than expected Jobs Report. However, it is only a minor part of why the market goes up or down. The real key is the dollar. The markets move directly inverse to the dollar and with a massive squeeze in the dollar higher, the markets have tanked. This explains exactly why the markets have rolled over in a major way – Dow reversing down more than 200 points before closing positive. This is a very significant reversal intra day and must be watched closely. This could very likely signal something bigger in the charts.”

The entire stock market rally has occurred on the back of the weak U.S. Dollar. Simply put, this rally was nothing more than a re-inflation rally. Everything inflationary moved higher such as gold and agriculture. What will happen if the dollar begins to rally? One would think that commodities would fall. If this is the case, what would move this market higher? “



December 2009 Stock Market Forecast

December 7 2009 to January 4, 2010


This is the Yang Fire Rat Month. Strength to the Earth element will weaken equity markets. Equity markets may be seen trying to gain strength during the first half.


Favourable industries/sectors: Fire and Earth


Financial Astrology:

There are both Bullish and Bearish Planetary Alignments this month. Who will win the battle: Bulls or Bears?

Watch these dates:

  1. December 16 – New Moon

  2. December 20 – Mars Retrograde

  3. December 21 – Jupiter/Neptune Conjunction, Winter Solstice

  4. December 26 – Mercury Retrograde

  5. December 31 – Partial Lunar Eclipse


Technical Analysis:

US Market: There is a bullish chart pattern and a bearish chart pattern in the indices. Which way will the market go? Will Phase 3 down start in December 2009 or will it be delayed till early January 2010?

Protect against downside risk – if S&P 500 breaks channel support at 1083-1078, it will be a sell signal.


Have you read "US Stock Market Outlook 2010"?

Saturday, December 5, 2009

US Stock Market Outlook 2010

Studies by experts indicates that the 10-Year Cycle has been the most influential cycle in US stock market trends over the past century.


Statistical pattern of US Stock Market Trends:

  1. US stock market bottoms in a year ended in ‘2’;
  2. Rises to a peak in a year ended in a ‘6’ or ‘7’ ;
  3. Experiences a crisis and slump;
  4. Market rises to another peak in a '9' or '0' ended year;
  5. Followed by another market collapse, with nearly always 2 down waves early in a new decade: DOW plunges to reach a low in the '0' ended year, experiences a major rally then plunges into another low either in '2'/'3' ended years or '3'/'4' ended years.

During the 2000's, the US stock market followed the 10-Year Cycle pattern:
  1. Dow peaked in January 2000
  2. Hit a bear market low in October 10, 2002
  3. Rose to another record peak on October 11, 2007
  4. Serious financial crisis occurred in late 2007, stock market collapsed in 2008 with a major low reached in March 9, 2009;
  5. US stock market has been rising ever since.

So, what would be coming next based on this 10-Year Cycle Pattern?

Will US Stock Market peak soon (or already hit the peak on December 2 2009?), followed by another stock market collapse in 2010? Will another major rally follow before the next market decline into '2'/'3' ended year or '3'/'4' ended year?

What do my Stock Market Time Clocks say?

All these US stock market high and low dates are found in my Stock Market Time Clocks. The Stock Market Time Clocks have been 'ticking' since 1929. Will December 2009 be the peak or will it be in 2010?

Read "Stock Market Outlook 2010 (Part 2)"



Monday, November 30, 2009

November 30 Weekly Update - Stock Market Forecast

November 30 Weekly Update - Stock Market Forecast


Fengshui: Market likely to be weak this week, except for December 3 & 4 which shows potential strength. Dec 2 likely to be volatile.


Financial Astrology: Uranus turns direct on December 1 and US markets might have reversed prior to this date due to the Dubai Shock. December 2 is Full Moon. Will markets reverse up or breakout to the downside?

Technical Analysis: US indices – Final Wave 5 up had truncated and Phase 3 down might have started, if there is downside follow-thru this week when trading volume picks up.


A very heavy schedule of important potential market-moving economic reports this week:


Dec 2: ADP employment report, Fed Beige Book


Dec 4: Non-farm payrolls and Monthly Unexployment Rate


Have you read "Will Dow Repeat 1987's Post-Thanksgiving Decline?"

Sunday, November 29, 2009

Will Dow Repeat 1987's Post-Thanksgiving Decline?


The biggest decline on the day after Thanksgiving came in 1987 when the index fell 1.87%. At that point, markets were still digesting the October '87 crash, and the Dow went on to fall 8.76% in the week after Thanksgiving.

Today, Dow had its second biggest decline the day after Thanksgiving (November 27 2009) since it became an official federal holiday in 1941.

Source: B.I.G.


Dow fell 1.27% on a half-day trading session on November 27 2009.

Is the market still digesting the Dubai Shock, while most key market players were still on holiday?

When all key market players are back on Monday, November 30 2009, what will happen?

A repeat of 1987 "stock market crash" after Thanksgiving?



Remember what happened in 2008: "first it was Bear Sterns, then Countrywide Financial a few months later. And then all of sudden, it was Citibank, Merrill Lynch, AIG and others as the banking system started to heamorrhage."



So is this Dubai Shock the start of the next economic or financial crisis?


Thursday, November 26, 2009

Dubai Shock Triggers Wave C Down?

US Stock Markets are waiting to start Wave C or Bear Market Phase 3 down. Or has Phase 3 down already started in slow motion?

Global Markets are waiting for US Stock Markets to give the signal. Japan Nikkei Index already plunged! Now looks like China Shanghai Index started to plunge, bringing Hong Kong HangSeng Index with it.

Today European markets are dropping.

My Stock Market Time Clocks already gave the signal. Elliott Wave Experts also gave the signal.

So, will the Dubai Shock trigger Wave C down in US Stock Markets?

Let's watch US Stock Markets when it opens on Friday. Let's watch what happens to Regional Stock Markets tomorrow. Singapore Stock Market is closed tomorrow.

Take care if you have investments with exposure in Dubai!

Will have more for you after I hear from the US Experts over the weekend.




Tuesday, November 24, 2009

Prechter: Prepare For Large Decline In Stocks 2010?

I just watched CNBC.COM Live Video today (November 24 2009) an hour ago - managed to catch interview with Bob Prechter of EWI. Watch it below:

My Stock Market Time Clocks already showed me the date of the likely bottom! Hope it is correct! Time will tell! I'll be waiting there!












Has Bear Market Phase 3 Started?

I just read one blogger sharing what he read in the latest EWI Report isssued last night – EWI went short last night? Is what he blogs reliable?


What do my Stock Market Time Clocks say?


It is a set of complicated Stock Market Time Clocks. There are more than 3 'methods' of calculating turn dates. So what are the 3 most critical turn dates:

  1. November 17 2009

  2. November 23 2009

  3. December 2 2009


Yesterday, November 23 US Markets (DOW) made an all time high for 2009! Is it the end of this rally? Is it the start of Phase 3 down?


Watch the Regional Markets for potential reversal today! Watch the US Markets for potential reversal tonight! Watch the 3rd turn date!


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About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.


Monday, November 23, 2009

November 23 Weekly Update - Stock Market Forecast

November 23 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to do well Nov 23 & 24, likely to pickup Nov 25 onwards.


Financial Astrology: Dow might reverse if it can find support at 10,000.



Technical Analysis: US indices – Phase 3 down might have started on November 17 if markets continue to drop this week. If markets reverse up, a possibility that final Wave 5 up is not completed. A potential Head and Shoulder pattern forming in the 5-minute charts, a break below the neckline gives a downside target of 10,000.


US Markets: A very heavy schedule of important potential market-moving economic reports: Nov 24: Q3 GDP revision, consumer confidence, FOMC minutes release; Nov 25: Jobless claims

Nov 26: US Holiday

Nov 27: Singapore Holiday

Tuesday, November 17, 2009

Stock Markets Turn on Full & New Moon!

Wow!


Even Elliott Wave Experts now include Moon Cycle when forecasting stock market turns!


Did you notice US markets (other Markets as well) top out on or around New Moon and bottom out on or around Full Moon? See the S&P 500 chart!



So, have Stock Markets World Wide top out on November 16 (Western see this as New Moon) or November 17 (1st day of 10th month of Chinese Lunar Calendar)?


Will Stock Markets continue to drop until the next Full Moon?


Let's watch!

Monday, November 16, 2009

November 16 Weekly Update - Stock Market Forecast

November 16 Weekly Update - Stock Market Forecast


Fengshui: Market likely to see strength from November 16 to 18.



Financial Astrology: Will markets continue to rally or decline? What could happen on November 15 when Saturn Pluto square occur?



Technical Analysis: US indices – Has Phase 3 down started or are we still in final Wave 5 up? Major turn dates November 15 to 17. It was a New Moon when markets started its decline in October 2007 top. November 16 is New Moon, will markets start Phase 3 down?



Have you read Stock Market Major Turn Date: Nov 15-17?

Sunday, November 15, 2009

Stock Markets Major Turn Date: Nov 15-17?

When will this Bear Market Rally end? Or has Phase 3 Down of this Bear Market already started?

My Stock Market Time Clocks say Major Turn Date is around November 15 to 17.

2 US Elliott Wave experts also identified these as major turn dates. Will it be the end of this Bear Market Rally?


According to Mr Joseph Cycle, for Phase 2 or Wave B rally to stop rising, there must be a significant event strong and shocking enough to kill it. What will that event be?

Swine Flu Panic Part 2?

Terrorist Attack?

Next Asset Bubble Burst? quote from Roubini:


"...one day this bubble will burst, leading to the biggest co-ordinated asset bust ever: if factors lead the dollar to reverse and suddenly appreciate – as was seen in previous reversals, such as the yen-funded carry trade – the leveraged carry trade will have to be suddenly closed as investors cover their dollar shorts. A stampede will occur as closing long leveraged risky asset positions across all asset classes funded by dollar shorts triggers a co-ordinated collapse of all those risky assets – equities, commodities, emerging market asset classes and credit instruments."

So far, nothing has happened in Singapore at the APEC 2009 meeting.


“We can only open our eyes and stay on alert and not be paralysed by it”: Mr Joseph Cycle.


What are the Charts telling us now?



One US expert trader identified a potential bearish M-Pattern forming in the S&P500 60-Minute Chart.

Wow! I checked the Straits Times Index and found a similar M-Pattern forming in the STI 60-Minute Chart.

If confirmed, then markets will likely drop down to complete the M-Pattern, then look for the A-Pattern!

Wednesday, November 11, 2009

EWI Short Term Update November 10 2009

Wow! Have you read EWI's Latest Short Term Update - November 10 2009?

Did you notice the possible turn dates mentioned are same as give by my Stock Market Time Clocks? The 3rd turn date mentioned is also in my Stock Market Time Clock!

Learn more about FreeWeek, and download your free reports here.


Below news from Yahoo Finance Nov 6 2009:

With the Dow back above 10,000 (as of Thursday's close, at least), the message from many on Wall Street is: Hurry! The recovery train is leaving the station! Don't miss out on the next phase of the bull market!

Not so fast, says Robert Prechter, president of Elliott Wave International and author of Conquer the Crash.


"Everybody who's saying ‘buy stocks' today or ‘buy real estate' is, I think, setting up people to get really hurt," says Prechter, who believes the bear market rally is reaching a major top.


"We had a great opportunity at [S&P] 667 - that was the big opportunity," says Prechter, who did make a bullish call last February. "The market is up 60% [from the March lows]. There's no way the S&P is going up 60% from here."


Prechter's advice for most investors, as described in the recently released second edition of his book, is fairly simple:


Play it Safe: Keep as much of your assets as possible in cash and cash equivalents, Prechter recommends, stressing not all money market funds and bank CDs are created equal -- or equally safe. (Prechter also advocates exposure to gold but isn't as bullish on it today as he was in 2002.)


Patience Is a Virtue: "Sit back, relax. Be as safe as you can [and] in safe institutions," he says. "There's a great buying opportunity coming up around 2014, 2016."


Return Of Capital Is Key: "Be very careful," he says. "Don't lose the money you have saved in the markets that are likely to come down in 2010 a long way."


From Prechter's perspective, "there's no negative to getting safe." The worst thing that happens is the market keeps rallying and "you can't brag at cocktail parties," he says. "But at least you won't be crying because you lost half" of your assets.




Monday, November 9, 2009

November 9 Weekly Update - Stock Market Forecast

November 9 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to see strength, except November 10 and 12 which are likely to be volatile.


Financial Astrology: Will markets continue to decline? What could happen on November 15 when Saturn Pluto square occur?



Technical Analysis: US indices – Phase 3 down likely started. Wave 1 down with sub-wave 2 up completing, next is sub-wave 3 down. Or will the alternate wave count play out?



Have you read Stock Market Correction of 10% to 15% coming?



Sunday, November 8, 2009

November 2009 Stock Market Forecast

November 7 to December 6, 2009

This is the Yin Wood Pig Month. Water element is extremely strong this month and does not favor equity markets. It is unlikely we see potential growth this month.

Gold might see correction in second half of month.

Favourable industries/sectors: Wood and Metal


Financial Astrology:


Markets likely to be volatile.


Watch these dates:


  1. November 15 – Saturn Pluto Square, could be point of heavy selling
  2. December 1 – Uranus turn direct.


Technical Analysis:


US Market: Phase 3 down likely started. Possible alternate wave count: final wave 5 up in process?

Saturday, November 7, 2009

Stock Market Correction 10%-15% Coming!

An interview with Daryl Guppy published in The Edge Singapore November 9 Issue. Key points to note:

  1. Based on chart patterns, Gold could fall to test USD1,000, then USD960 or USD940. Breakout is unsustainable. Strength in gold is related to weakness in USD.

  2. China market corrected 20% before moving sideways, rest of North Asia and Singapore could follow. If the same behaviour repeats, there's shorting opportunity that last 6 to 10 days.

  3. South Korea's Kospi leads Hang Seng Index and Singapore index. Resistance at 1700, support at 1580/1600. Is retest of 1580 fails to hold, market will move back to 1450.

  4. Hang Seng Index: support at 21000. A fall below gives a target of 19000. HSI follows Kospi behaviour rather than Shanghai index, it is driven by western sentiment, not Chinese sentiment.

  5. Straits Times Index (STI): strong resistance at 2750, broad support at 2650. A fall below gives a target of 2400. If overshoot, downside target is 2200.

  6. Australia ASX 200: next level is 4400, then 4000.

Bear Market Rally Over: Prechter (Part 2)














FreeWeek Update: Elliott Wave International's publications have alerted subscribers -- and FreeWeek attendees -- that volume and breadth readings have been contracting throughout the multi-month rally, which signals a critical juncture ahead. EWI Chief Market Analyst Steve Hochberg wrote in his Wednesday Short Term Update, "(On Tuesday), the VIX closed back within two standard deviations of its 20-period moving average, which for the past seven months, has resulted in a near-term rally." On Wednesday, stocks closed up; Thursday saw a huge rally. On Friday morning, the Dow regained the 10,000 level. But the Update reports that the "next leg … is fast approaching."

There's still time to get complete access to EWI's latest monthly reports and the Monday, Wednesday, Friday Short Term Update. A brand-new Update is online now. Read it for free when you join FreeWeek.

You can also download more than 4 of EWI's latest monthly reports and read this week's issues of Short Term Update. It's all yours for free only during FreeWeek.


Learn more about FreeWeek, and download your free reports here.


Friday, November 6, 2009

Bear Market Rally is Over: Prechter

News from Yahoo Finance:

"With the Dow Jones Industrial Average once again marching closer to 10,000, many investors, especially those who missed the rally since March, must be asking themselves: Is now the time to finally pull the trigger?

Robert Prechter, founder of Elliott Wave International, implores retail investors stay away… for now. Prechter, who was bullish near the lows in March, now says the stock market "is in a topping area."

Why?

Several factors:

  • Slowdown in upside momentum. Recent intraday rallies are petering out before the close.

  • Bullish Sentiment. Investors who were bearish near the lows, are now just as bullish after a 60% run in the S&P 500. To Prechter, "that's a dangerous place to be."

  • General overvaluation of stocks.

Prechter, the author of Conquer the Crash, says this is akin to the market in 1966-74 or 1929-32, where massive bear rallies gave way to another "big leg down."

He's predicting another crash in 2010 that will bring stocks below this year's low. His word to the wise, "be patient, don't rush it" keep your money in cash and cash equivalents for now and wait out this bear market.

He thinks it'll be another 5 or so years before we turn the corner but the good news is when we do, it'll be the buying opportunity of a lifetime.




Exciting News: Our friends over at Elliott Wave International are offering Robert Prechter's latest monthly market letter, The Elliott Wave Theorist, for free along with the firm's most popular U.S. analysis and forecasting publications. You can now download, print and read dozens of chart-filled pages of current analysis for U.S. stocks, the economy, precious metals, bonds, U.S. dollar and more -- and it's all free for one week only. This opportunity ends Nov. 11. Learn more about FreeWeek, and get your free reports here.






Thursday, November 5, 2009

EWI FreeWeek -Robert Prechter's Latest Forecasts


Exciting News: Our friends over at Elliott Wave International are offering Robert Prechter's latest monthly market letter, The Elliott Wave Theorist, for free along with the firm's most popular U.S. analysis and forecasting publications. You can now download, print and read dozens of chart-filled pages of current analysis for U.S. stocks, the economy, precious metals, bonds, U.S. dollar and more -- and it's all free for one week only. This opportunity ends Nov. 11. Learn more about FreeWeek, and get your free reports here.



Eight months ago, the stock market began a very large rally -- the gains exceeded 60% in the S&P 500. Everyone knows this. But here's a fact that has gone virtually unreported: The vast majority of those gains (about 90%) were from March through August. By comparison, September and October were sluggish.

Yet the past two months have been the very time when the financial press has been the loudest about "green shoots," "recovery" and "new bull market." So the question is WHY -- why so much enthusiasm, even as the evidence literally fades away?

No one asks questions like this, never mind provides the answers. The one exception is Bob Prechter. And if most investors suddenly DID learn the details of his answer... well, the information would buckle their knees.

Prechter does of course provide a detailed answer in his current Elliott Wave Theorist. The latest Elliott Wave Financial Forecast expands on that answer. You can read both award-winning monthly market letters right now for free!

But let me be clear: The answer is in fact a forecast. What Prechter says is bigger and more important than these two publications. It could prove to be the most important forecast he has offered since the financial debacle began.

This moment -- today -- is the time to put yourself on the path to safety. You can now download Prechter's latest monthly market letter, The Elliott Wave Theorist, and its sister publication, The Elliott Wave Financial Forecast -- for free. Together, they provide critical analysis for the Dow, Nasdaq, S&P, gold, silver, bonds, U.S. dollar, the economy and more.

This amazing opportunity runs for a full week. It ends Wednesday, Nov. 11.

Learn more about FreeWeek, and get your free reports here.

Here's a sneak peak inside these two timely issues.

October 2009 Theorist | What's Inside?

  • 14 eye-opening charts across 10 analysis-packed pages for today's most critical markets: U.S. stocks, gold and the U.S. dollar.

  • One chart you will NOT see elsewhere: It depicts a beautiful -- and telling -- fractal form in the past two years of market action.

  • Mounting evidence from trusted technical indicators: sentiment, advance/decline ratio and volume.

  • A decennial pattern in U.S. stocks that's held true for 10 of the past 11 decades.

  • An informative and useful section titled "Devising Trading Strategies."

  • Two and a half pages of gold analysis -- why lessons from the past likely provide ironies for the future.

  • Poignant analysis for the U.S. dollar.

November 2009 Financial Forecast | What's Inside?
Special Section: The November Financial Forecast includes an eye-opening special section on Goldman Sachs. These new insights about one of Wall Street's most storied firms have broad implications for Wall Street as a whole. You will see a picture of Goldman's history plotted along a 100-year chart of the Dow. You will also learn how the same sentiment driving the market today will drive the course of mega-deal makers in the future. This is a can't-miss special section.
Plus, you will get:

  • A thorough Elliott wave perspective on the stock market today -- what does Elliott tell us about the current juncture?

  • A telling bar pattern candlestick aficionados will recognize.

  • Valuable momentum considerations, including powerful evidence from a technical analysis method that tracks the distribution of stock from strong hands to weak.

  • A chart of dollar trading volume vs. GDP and the important analysis about it that you should see now.

  • And much more.

What's more, these are just two of the incredible free resources you get during this week only. You will also have completely free access to the most recent Theorist and Financial Forecast archives (September and October issues for each publication are currently available.) as well as the tri-weekly Short Term Update, which is designed to keep EWI's subscribers up to date between the monthly issues above.

Please don't delay. This special, limited-time offer from EWI is one of the most valuable free offers we've ever written to you about. It expires Nov. 11. Please follow the link below; sign up to join FreeWeek for free; print out your free reports; read them at your leisure. Do not miss this exciting opportunity.

Learn more about FreeWeek, and download your free reports here.



About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.


Monday, November 2, 2009

November 2 Weekly Update - Stock Market Forecast

November 2 Weekly Update - Stock Market Forecast


Fengshui:
Market unlikely to perform well this week, except Nov 5 & 6.



Financial Astrology:
Will markets continue to decline? Neptune will turn direct on November 4 2009, will markets reverse?



Technical Analysis:
US indices – Phase 3 down likely started.



US Market – a heavy schedule of potential market moving economic reports:


Nov 3 & 4 – FOMC Rate Decision

Nov 6 – Non farm payrolls and Unemployment rate.

Have you read Stock Market Crash Coming?


Have you read DF/DM Warning Indicator?

Friday, October 30, 2009

Black Monday: Ancient History Or Imminent Future?

What does the U.S. stock market now have in common with the famous crash of 1929? This news excerpt and chart from some of Bob Prechter’s latest analysis reveals startling. Read More

Thursday, October 29, 2009

Down Friday/Down Monday Warning Indicator

According to Stock Trader's Almanac, a Down Friday/Down Monday market behaviour is often a warning sign of negative market direction, frequently coincides with market tops and near major market bottoms.



Since 1995, there have been 126 occurrences of Down Friday/Down Monday, with 31 falling in bear market years of 2001 and 2002 producing an average decline of 12.7%.



In 2001/2002, Dow loss 13.5%/11.9% over the next 3 months, lasting 53/54 days, after the occurrence of the Down Friday/Down Monday market pattern.



On average, Dow loss 5.4% over 35 days after the occurrence.



Did you notice the Down Friday/Down Monday behaviour over the last weekend (October 23 & October 26), the first since August 31 2009?

Hmm... possible warning of market correction over the next few weeks?



Best Fixed Deposit Rate in Town?

Which Bank pays the Best Fixed Deposit Interest Rate?

I googled the internet and found this. Guess what?

State Bank of India again! Is it the Best? Please let me know if you know of better ones.

SBI Clementi Branch Promotion:

1.Fixed Deposit Rate of 1.28%!


2.Free $10 NTUC Voucher for New Accounts Opened!






Hmmm... Let's go check it out this weekend!

Tuesday, October 27, 2009

Jeremy Grantham Stock Market Outlook 2009-2010

Jeremy Grantham just released his Q3 Client Letter (Just Desserts and Markets Being Silly Again) on his outlook on US Economy and Stock Market.



Hmm... is he hinting about a repeat of 1929 – The Last Hurrah and Markets Being Silly Again – after the sharp decline in the fall of 1929, the S&P500 rallied 46% from its November low, then fell over 80%.



Other key points to note:

  • It still seems a safe bet that seven lean years await us.

  • Fair value on S&P is now about 860. This places today's market (October 19) at almost 25% overpriced.

  • We face a seven-year future that almost everyone agrees will be tougher than normal.

  • We are nervous about a possibility of a major shock to Chinese growth (a one in 3 chance that a major China stumble in the next 3 years).

  • What will stop this market in the first few months next year? A combination of 2 factors:
  1. Disappointing economic and financial data will begin to show the intractably long-term nature of some of our problems, particularly pressure on profit margins as the quick fix of short-term labour cuts fades away.

  2. Slow gravitational pull of value as US stocks reach +30-35% overpricing in the face of an extended difficult environment.

  • On a longer horizon of 2 to 10 years, resource limitations will also have negative effect.

  • Before next year is out, the market will drop painfully from current levels. “Painfully” = starts at -15%. US market will drop below fair value, which is a 22% decline from S&P500 level of 1098 on October 19, 2009. I think history books will be happy enough with 666 of last March, probably slightly happier with say 550.

  • The irony is 9 months of weak economic data this year has been accompanied by a very strong market, so the strong economic data next year is likely to be accompanied by a weak stock market.


Monday, October 26, 2009

October 26 Weekly Update - Stock Market Forecast

October 26 Weekly Update - Stock Market Forecast


Fengshui: Market likely to very volatile, especially Oct 26 & 29. Rest of week shows potential strength.


Financial Astrology: Will markets continue to decline or will Bullish Planets help support the markets?



Technical Analysis: US indices – likely to decline Monday. When wave 4 down completes, next is final wave 5 up (comprising 3 sub-waves). When will Phase 3 start?


Have you read Stock Market Crash Coming?



Thursday, October 22, 2009

Stock Market Crash Coming?

Has this Bear Market Rally ended or going to end? Is US Stock Markets going to crash soon?


Based on Elliott Wave Count by US Expert, here are the alternative Elliott Wave Counts:

1.Bear Market Rally likely ended.
2.Bear Market Rally likely in final wave 4 down now, next is final wave 5 up.

When this Bear Market Rally ends, fasten your seat belt and prepare to ride the Voyage to the bottom of the C!

As there is no Hindenburg Omen, the decline is likely to be slow and painful. Based on the chart patterns forming in DOW, S&P500 and Nasdaq, the downside target for S&P500 is likely be 666, the March 2009 low.

What do my Stock Market Time Clocks say?

1. Stock Market Time Cycle Formula 1 – Turn dates had been accurate so far, however, the market turn direction are reversed most of the time. Next major turn dates – see chart attached. If market turn direction is reversed again, then invert the chart for the turn date market direction.

2. Stock Market Time Cycle Formula 2 – Wow! It's Amazing! The November 2009 turn date is very close to that of Formula 1. Likely marks the end of this cycle!



Do you know what day is October 28 2009? Do you know what day is November 15 2009?

October 28 2009: Saturn enters Libra October 29 2009, often marks market reversal. It is about "2 years" from October 2007 Top.

November 15 2009: Saturn Pluto Square, often marks market top or bottom. It is about "1.5 years" from October 2007 Top. It is Fibonacci 50% of the time from October 2007 Top to March 6 2009 Low!


US Markets started to decline on October 16 2009. This was the date Mars entered Leo. Markets often decline when Mars move into Leo. Mars will only change sign about 7.5 months later.

So watch these dates, plus minus a few days!

(One Expert said Time Cycles forecast turn dates, not the market direction or whether it is a market top or bottom)

Wednesday, October 21, 2009

Gold: What's REALLY Behind the Record Rise, Bull or Bubble?

When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work -- and they both start with the letters “B-U.”


When a precious metal goes from being a popular long-term investment of buy-and-holders to the quick, get-away “vehicle” of day-traders, two scenarios are at work -- and they both start with letters “B-U.”

And when the majority of mainstream pundits see a "new paradigm" in which prices continue to rise indefinitely, two scenarios are at work – and, you guessed it, they both start with the letters “B-U.”

Enter: the recent Gold Rush of 2009, when ALL of the above conditions apply. Everyone from hedge funds to housewives now hustle to hitch their asset wagon to the rising gold star. Which begs this question: Which of the possible two scenarios are at work: B-U-ll
--- Or B-U-bble?

Here’s the difference: A genuine bull market is driven by a self-sustaining internal dynamic that's reflected by a host of technical indicators. A Bubble, on the other hand, is the result of untenable psychology that could shift at any moment and bring prices plummeting down.

For long-term forecasts and more in-depth, historical analysis for precious metals, download Prechter’s FREE 40-page eBook on Gold and Silver.


It goes without saying into which category the mainstream experts put Gold: namely, a new bull market that has years, if not decades more to soar. “Gold Will Hit $2,000 an ounce,” reads an October 8 Market Watch. And -- “Gold Has More Upside… The metal’s bull run is just getting started,” adds a same day Barron’s.

-- Read More

Tuesday, October 20, 2009

China Shanghai Index Leads, DOW Follows!

Daryl Guppy wrote a very interesting article published on the CNBC website today.

Key extracts from the article:



“We use the Dow Index and the Australian ASX S&P 200 index (XJO) as representative of markets outside the US. The DOW and XJO charts have been time shifted to the left so the absolute market lows of March 2009, match the time of the absolute market low in the Shanghai Index in October 2008. This type of time shifted display clearly shows which market is a leader and which markets are followers.”

China leads and the DOW follows:


1. The DOW is now at 10,000 but how important is this in terms of global market behaviour?

2. The DOW is following the behavioural leadership of the China market.

3. The 10,000 equivalent for the Shanghai Index is 3,000. The Shanghai market reached this level and briefly powered above it before developing a trend correction.

4. The Shanghai Index remains in trend correction mode and is using price and time corrections. The price trend correction is the sudden index fall of between 15% to 20% from 3480 to 2750. The time correction for the trend is the extended sideways movement over the past 10 weeks.

5. The important relationship is not the comparative percentage returns, but the comparative behaviour. We need to watch carefully because there is a high probability our markets and the US market will follow this China market leadership behaviour with a lag of several months.

6. This suggests a trend price correction in the order of 10% to 15% followed by a period of sideways trading as the market applies a further trend correction using time.

7. Analysing and understanding China market behaviour is absolutely critical to any market strategy. China leads, the DOW follows the behaviour and other markets tag along further behind. Watching China gives investors a glimpse of the potential future. It is absolutely essential to developing any long term portfolio investment or planning.


Monday, October 19, 2009

October 19 Weekly Update - Stock Market Forecast

October 19 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to have strength, except Oct 19. Oct 22/23 likely to be unstable.


Financial Astrology: Markets decline when Mars enter Leo on Oct 16 2009. Will markets continue to decline or will Bullish Planets help support the markets?



Technical Analysis: US indices – Direction uncertain for Monday. Markets likely to have found a rally top or might continue to rise. When will Phase 3 start?



Friday, October 16, 2009

2010 Year of Tiger Fengshui Predictions

Lilian Too, Fengshui Master, was the first speaker at the Wealth Summit Asia 2009. Wow! I was very impressed with her presentation, first time I attended her talk! What's her view of 2010 Year of the Metal Tiger?

2010 Year of the Metal Tiger will be a Bad Year! There is no water element. Normally, there is hidden elements but no water element for Year 2010! Water brings wealth, no water, no good!

But, there is still plenty of money to be made. It will benefit those who have water element in their Bazi or Four Pillars! Water in Bazi = Good Luck! Do you have?

Good luck is all about Timing. Having patience to do nothing. Get Timing Right! (Wow! Even Jim Rogers said “You are not going to make money unless you have good Market Timing. Stocks will be in a Trading Range for many years!)

Have you heard of “God of Wealth seated on the Tiger”? Tiger brings “God of Wealth”.

Which do you want: Income Luck or Wealth Luck?

Read Fengshui Outlook 2010 Year of Tiger

Read CLSA Fengshui Index 2010


Wednesday, October 14, 2009

Conquer the Crash 2nd Edition Robert Prechter's Bestseller that Forecast Meltdown

Mark Hulbert's Sept. 11, 2009, column for MarketWatch.com says, Robert Prechter "came the closest … to forecasting what was about to take place." One thing the noted financial columnist left out was that many of Prechter's forecasts still lie in the future. The long-awaited second edition of Prechter's bestseller, Conquer the Crash, is finally here! Prudent investors should read his prescient insights, what he believes is still ahead and what you can do to protect your wealth today.

Learn more about the special pre-order offer for Robert Prechter's bestseller, Conquer the Crash, Second Edition.


Today's financial and economic tribulations were a long time in the making. Many people ask, "Why didn't someone see it coming?"

But a New York Times bestselling book did see it coming. More than 100,000 people read it in time to protect their wealth.

They read this about real estate:

What screams 'bubble' – giant, historic bubble – in real estate today is the system-wide extension of massive amounts of credit to finance property purchases.... Many people have been rushing to borrow the last pennies possible on their homes. They have been taking out home equity loans so they can buy stocks and TVs and cars and whatever else their hearts desire at the moment. This widespread practice is brewing a terrible disaster.

And this about stocks:

...the number one precaution to take at the start of a deflationary crash is to make sure that your investment capital is not invested in stocks, stock mutual funds, stock index futures or any other equity-based investment.

About Fannie Mae and Freddie Mac:

Investors in these companies’ stocks and bonds will be just as surprised when [Fannie and Freddie's] stock prices and bond ratings collapse. Most rating services will not see it coming.

About junk bonds:

Don't think you will be safe buying bonds rated BBB or above. If you have invested in municipal bonds, consumer debt, real estate debt, junk bonds or anything other than top-grade paper, sell it at today’s lofty prices.


All these observations are from Robert Prechter's Conquer the Crash, first published in early 2002, when the Dow was above 10,000 and the financial world was partying around-the-clock. Fast forward to today: The average U.S. homeowner has suffered a decline of 30% to 40% in property value. Stocks and commodities had their biggest fall since 1929-1932. Fannie Mae is a zombie corporation under the government’s protection.

If Prechter thought a whole new book would help, he'd have written one. But Conquer the Crash is a book-length forecast that's still coming true-- only some of the future has caught up with the specific predictions he published back then. There is much more to come. And that means more danger but also great opportunity.

The same authorities who said "the worst can't happen" now claim that "the worst is over." That's one of the many reasons why Prechter is choosing now to put out a second edition of Conquer the Crash.

Conquer the Crash, Second Edition, offers you 188 new pages (480 pages total) expanding Prechter’s unique deflationary argument and escorting the reader through the stock market’s manic climb to the 2007 peak. (If you think you remember this period, wait till you read Prechter’s description.) And it still includes all the original forecasts and recommendations that make the book as compelling and as relevant as the day it published.

In every disaster, only a very few people prepare themselves beforehand. Think about investor enthusiasm in 2005-2008, and you'll realize it's true. Even fewer people will be ready for the soon-approaching, next leg down of the unfolding depression.

Prechter warns that the doors to financial safety are closing all over the world. Prudent people need to act while they still can.

We couldn't agree more. This book is a must-read.

Learn more about the special pre-order offer for Robert Prechter's bestseller, Conquer the Crash, Second Edition.




About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.

Monday, October 12, 2009

October 12 Weekly Update - Stock Market Forecast

October 12 Weekly Update - Stock Market Forecast



Fengshui: Market likely to see major movements and volatile Oct 12 to 14, rest of week likely to see strength.




Financial Astrology: Jupiter turns direct October 12. Will markets reverse? Who will win the battle: Bullish or Bearish Planets in the Sky?



Technical Analysis: US indices – Direction uncertain for Monday. Final Wave 5 up likely completing. Alternate wave count: 2 more sub-waves coming (down then up)? When is Phase 3 starting?

Friday, October 9, 2009

Wealth Summit Asia 2009 (Oct 10-11)

For just S$10, get to attend a 2-day conference and a chance to meet Wall Street Financial Legend Jim Rogers Live!


Why not?

Jim Rogers will be sharing “How anyone can invest profitability in commodities”


Wow! Last minute, they added Lilian Too, Fengshui Master, to talk on Fengshui for Wealth!


Are you attending? See you there!


What can I learn? What will I learn?

More when I come back!



Wednesday, October 7, 2009

Where to Sell Gold Jewellery?

Wow! Gold price has been going up. How high will it go?

USD1500, USD2000, USD3500?



When will it drop to USD550? I'm waiting.



Hahaha, now that Gold price is going up, we thought maybe it is a good idea to find out where we can sell our old Gold Jewellery before Gold crash down (this is what the expert say).



My sister suggested we visit Maxi-Cash to “test the market”. Oops, she received a Gold ornament as present a few years ago, so let's go find out how much it is worth now.



Maxi-Cash is a modern pawnshop, recently opened a new branch at People's Park Complex. We can sell Gold ornaments to them or pawn it. The price is different, higher if we sell.



Wah! Now I know where I can sell my old fashion gold jewellery when Gold price go up more! Then when Gold price drop, I can buy new fashion gold jewellery! Hahaha! Tan Koo Koo lor!



(If you know of other places which offer better value, please email me. Thank you!)

(Oct 8, 6.00pm - A blog visitor shared on another source but did not leave his email address. I did a quick check on the website and noticed the price is no better than Maxi-Cash. How can it be better being a broker (middle-man) who also pays commission to affiliates for referrals? I would not want to risk the loss of my valuables sending it to a remote location prior to receiving cash. What might be useful is they post the daily buy-back price, so we can check it against whoever we might be selling the gold to. Anyway, thanks to Mike for the website: silverandgoldexchange.com)


Tuesday, October 6, 2009

October 2009 Stock Market Forecast

October 8 to November 6, 2009

The Yang Wood Dog Month shows strong earth energy. Markets likely to be volatile, with risk of great losses due to greed and manipulations. First half shows potential for gains, Second half most volatile and will be the cause of the financial market downfall.

Favourable industries/sectors: Wood and Metal

Financial Astrology:

There are Bullish and Bearish Planets in the Sky. Who will win the battle: Bull or Bear?

Watch these dates:

1.Oct 12 – Jupiter direct

2.Oct 15 – Mid point Saturn Uranus Opposition

3.Oct 29 – Saturn enters Libra


Technical Analysis:

US Market: After Wave 4 down is completed, next is Final Wave 5 up. Will Wave 5 up come? Will it truncate? When it truncates, fasten your seat belts, as Phase 3 down will start.



October is the number one Stock Market Jinx?

October 11 2009 – 2nd anniversary of October 11 2007 Stock Market Crash, start of this Bear Market Phase 1 Cycle!


Heavenly Seven! Magic Seven!

On October 6 2009 or October 9, 2009, this Bear Market Rally or Phase 2 of Bear Market will be Seven Months old. Will this signal the end of Phase 2 of Bear Market, triggered by the number Seven?



Sudden WINDFALL $24 Million in Account ?

This morning, I login to check the cash balance in my trading account to confirm money had been transferred to my bank account.


Wow! Surprised to see a sudden increase of more than S$20K in my account balance! Ting! Ting! Ting! First thought was: Wow, they refunded to me all the overcharged commission for the past few years! Called my sister.


Decided to take a second look and do some calculation. Open the account balance again.


Wow! It is S$24 Million, not S$24K!


More compensation?


WINDFALL! Never seen so much money in my account in my LIFE! Huat ah!


Hahaha! Capture it before its gone!

(This morning, I fell down and hit my head against the wall, heard a big "crack" sound. Hope my "skull" is ok. Maybe affected my eyesight. Oops, how long more can I live. Pray for me!)

Prechter Says Stocks Are Poised for ‘Major Decline’

Reported on Bloomberg, October 5, 2009, key extracts from report:



U.S. stocks may suffer a “major decline” after climbing to the highest levels in almost a year two weeks ago, according to Robert Prechter, founder of Elliott Wave International Inc.

The S&P 500 Index will probably fall “substantially below” 676.53, the 12-year low reached on March 9, he said.



Nouriel Roubini, the New York University professor who predicted the financial crisis, agrees with Prechter that stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors.

“Markets have gone up too much, too soon, too fast,” Roubini said in an interview in Istanbul on Oct. 3. “I see the risk of a correction, especially when the markets now realize that the recovery is not rapid and V-shaped, but more like U- shaped. That might be in the fourth quarter or the first quarter of next year.”

Stocks, commodities and real-estate will suffer from a rebound in the U.S. dollar, Prechter said.



Learn the Wave Principle and Other Forms of Technical Analysis. Elliott Wave International has just released The Ultimate Technical Analysis Handbook. This FREE 50-page ebook is dedicated solely to teaching reformed fundamentals followers to incorporate technical analysis into their own investing decisions. Learn more and download your free copy here.



As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity. Read More.

Monday, October 5, 2009

October 5 Weekly Update - Stock Market Forecast

October 5 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to see strength, might improve Oct 8/9.


Financial Astrology: Markets topped out within 6 to 10 trading days from Saturn-Uranus Opposition on Sept 15. Will Dow drop another 1500pts in next couple of weeks?


Technical Analysis: US indices – Direction uncertain for Monday. When Wave 4 down is complete, next is final Wave 5 up. Will we get Wave 5 up?



DJIA 7thYear Itch -Will 2017 be Itchy? (Part 4)

There are "3 formula" in my calculator based on my interpretation of the Bible.  The current trend looks very bullish, so I should...