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Monday, May 31, 2010

Crystal-Ball-Like Technical Tools – Bingo!

Have you read W.D. Gann's Books? Did you managed to decipher his secrets in Timing the Stock Market?


Wow! Todate, I managed to decipher "the most important" W.D. Gann's "secrets":

  1. Stock Market Time Clocks – Formula to identify Dates for Market Tops and Bottoms

  2. Crystal-Ball-Like Technical Tools (See Below).


I've always thought there is a secret meaning when W.D. Gann said “As above so below”, although I linked it to Astrology (Planetary movements).


Yes, I'm right. I finally discovered the secret meaning 2 days ago. It's in the Crystal-Ball-Like Technical Tool #1! Bingo! What can this Crystal-Ball-Like Technical Tool #1 forecast?

  1. Potential Turning Points (Tops or Bottoms)

  2. Important Market Tops and Bottoms (Turning Points)


Wow! This Tool helps me identify the Turn Dates provided by my Stock Market Time Clocks - will be a Top or Bottom!

I also discovered another Crystal-Ball-Like Technical Tool #2. What can this Crystal-Ball-Like Technical Tool #2 forecast?


  1. Potential change in Trend

  2. Potential Target Price

  3. Potential Turn Dates.



Oops! Though both tools work together very well with my Stock Market Time Clocks, lots of patience is required to wait for the potential targets to “materialise”.


What are these Crystal-Ball-Like Technical Tools?


There is not much discussion of these Crystal-Ball-Like Technical Tools in the way I used it. There is some talk of Crystal-Ball-Like Technical Tool#2 by 2 Cycle Experts but not in the way I used it. There is one Cycle Expert who talked about Crystal-Ball-Like Technical Tool #1 but not in the way I used it.


Hmm.... it is still a “Secret” yet to be unveiled?


Why did Gann kept the “discoveries” to himself? He believed in the saying : “In silence, by silence, through silence, were all things made.” Do other experts think like Gann too? Hmm.... Me too lor!


Read Crystal-Ball-Like Technical Tools Part 2

(my research and testing is ongoing!)



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Sunday, May 30, 2010

May 31 Weekly Update - Stock Market Forecast

May 31 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to see strength, except for June 3 &4.


Financial Astrology:
Expect volatility. Have markets bottomed or will there be another 1000-point drop?



Technical Analysis
: US markets: Markets likely to rally to form the right shoulder of the H&S pattern before dropping.

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Thursday, May 27, 2010

Sell & Go Away in May, Singapore!

Daryl Guppy said “Sell in May and Go Away in 2010, Singapore!”, in an article he wrote on May 25 2010.

Daryl said “this saying is surprisingly most accurate in the Singapore market”:

  1. Singapore market traders who follow this advice miss good profits in 45% of the past 20 years.


  2. The 55% probability of a falling period does justify following the advice.


  3. However, this result is skewed by a cluster of badly performing years prior to 2002. Here there was a 77% probability that selling in May was the correct action.


  4. The worst year was a loss of 43% in 2008 where selling in May made sense.


  5. The best year was 2009 with a 41% return.


  6. For 2010, the market this year could just develop the conditions to make this saying come true.

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Tuesday, May 25, 2010

Where DOW & Global Markets Heading?

Wow! So many conflicting views among Fengshui Masters, among Elliott Wave Experts, among Gann & Cycle Expert and among Financial Astrologers. So what is the Stock Market Forecast for 2010?


Now you know why I've been holding back the Stock Market Forecast for 2010!


Even now, there are conflicting views among all these experts.


What is the Elliott Wave Count now for DOW and S&P500?

  1. Wave C down (Phase 3 of Bear Market) started;

  2. Wave b down of Wave B up (Phase 2 of Bear Market comprising ABC waves) started.


Oops! Confusing right?


Now, this could be wave 1 of wave 3. Waves 1-4 completed, next is wave 5 down. This will likely complete wave 1 of wave 3. Alternatively, this could be wave 5 down of wave 1 down, so next is wave 2 up.


Haha, more confusion? Anway, the conclusion is there is much more downside to go! With a potential Korean War coming (repeat of Year of Tiger 60 years ago?), where can the markets go?


Recently I discovered 2 superb technical tools which can help forecast the market direction, time-lines and price targets. Even better than Elliott Waves, other Fibonacci Tools and other technical tools and indicators. It has Elliott Waves, Fibonacci Ratios and “Planetary Cycles” “built” into it.


Wow! These tools also helped me decipher the turn dates provided by my Stock Market Time Clocks. Wow! The possible turn dates these tools indicate coincide with Planetary Movement Dates!


Wow! My new Crystal Ball! Removed of subjectivity inherent in Elliott Waves. No need to rely on S.M.A.R.T. Experts anymore! Oops! I'll still refer for confirmation lah!


My new Crystal Ball – for long-term investment and short-term trading!


So how low can DOW, STI and other Global Markets go?


As the technical tools cannot be found in my Charting Tool, I've to do the “analysis” manually. Very tedious and time-consuming process!


So stay tuned while I try to get the Stock Market Forecast 2010/2011 ready, then you can see how low the markets can go! I've completed first cut forecast for Straits Times Index, needing fine tuning. For now, look for possible double dip! Wow!


Remember “Sell in May, Go Away, Come Back after Labour Day!” Oops! Wat Dat?


“London Bridge is falling down, falling down, falling down. London Bridge is falling down, my fair lady”


Lookout for Part 2 on Crystal-Ball-Like Technical Tools!

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Sunday, May 23, 2010

May 24 Weekly Update - Stock Market Forecast

May 24 Weekly Update - Stock Market Forecast


Fengshui: Market likely to see strength, except for May 26. But remember, be prepared for surprises to the downside!


Financial Astrology: Will markets continue to decline? Watch:

May 23 Jupiter Saturn Opposition

May 27 Full Moon, Uranus enter Aries

May 28 Saturn Direct



Technical Analysis: US markets: Likely to see technical rebound then continued decline. Watch possible turn dates: May 24, May 28, June 7. No Hindenburg Omen yet, we have other sell signals.



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Saturday, May 22, 2010

Dow's 3 Peaks & Domed House Pattern

Stock Trader's Almanac (STA) had been monitoring the DOW for the (mini) 3 Peaks and a Domed House Pattern.


Here's the Basic Model of the classic 3 Peaks & Domed House Pattern developed by the late George Lindsay:




According to STA, as at May 20 2010:

  1. Points 24 and 25 may have been made in the DOW Chart;

  2. When the pattern is complete, it is possible point 28 will be located the line draw in the Chart.

  3. Should market fall to last July's low, it would represent nearly 30% decline from April 2010 high.



Wow! Did you notice that many other indices in the World also have Topping Patterns: either Double Top or Head & Shoulders Patterns?


When will Dow drop to point 28? Will point 28 be lower than that?


What will happen to the other Global Indices?



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Wednesday, May 19, 2010

Major Stock Market Crash Coming?


From CNBC.com published May 19, 2010:

Sell it All, Risk of 'Major Crash': Dow Theory’s Russell

The author of the closely-watched Dow Theory Letters newsletter warned investors to get out of US stocks now in a report published Tuesday.


Richard Russell wrote that there is a risk of a “major crash” if the Dow Jones Industrial Average falls below the May 7 closing price of 10,380.43.


"If I read the stock market correctly, it's telling me that there is a surprise ahead," Russell wrote. "And that surprise will be a reversal to the downside for the economy, plus a collection of other troubles ahead."


"Do your friends a favor. Tell them to “batten down the hatches” because there’s a hard rain coming," Russell warned.


"Tell them to get out of debt and sell anything they can sell in order to get liquid. Tell them that Richard Russell says that by the end of this year they won’t recognize the country. They’ll retort, ‘How the dickens does Russell know—who told him?’ Tell them the stock market told him."


Russell said he has seen problems with the Dow since April.


"If business is even better than expected, then why is the Dow down over 600 points?"


Wow!


Is a Major Stock Market Crash Coming?


Possible: “As above, so below”!

There's a major planetary formation in the sky now and coming, until .......

Will Bullish Planets win the battle?

Or will the Bullish Planets help the Bearish Planets win? Wow! If this happens, it might explode? Time will tell!




Be Prepared! Markets might drop in lightning speed? Or move 1000 points up or down? Still no Hindenburg Omen yet! But there was another rare sell signal this week!



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May 2010 Elliott Wave Theorist

What Becomes of a Broken Stock Market?


There are two possible Elliott wave paths for stocks from here -- but only one likely outcome. May 18, 2010


You know what a mystery the Dow's 1,000-point drop on May 6 has been.


Wall Street is looking for a smoking gun -- a trader's mistake, a computer glitch -- but nothing definite has been found yet.


If you're familiar with Elliott wave analysis, last week's shocking decline gets less mysterious. The chart you see below is from Robert Prechter's latest, May Elliott Wave Theorist. Notice the price area where the drop occurred.


Read Part One of Robert Prechter's Latest Two-Part, April-May Theorists FREE
The April-May Theorist series entitled "Deadly Bearish Big Picture" reveals a lucid picture for 2010-2016. It's the flipside of Robert Prechter's February 2009 Forecast for a 'Sharp and Scary' Rally. Click here to download the 10-page part one for FREE now.




As you see from Prechter's chart, the Dow reversed after the rally off the March 2009 low had retraced about 61.8% of the 2007-2009 crash. To be exact, "The Dow met the .618 retracement level when it reached 11,258 at 11:15 a.m. EST on April 26. Then it reversed, as shown in Figure 9," writes Bob in the May Theorist.


Why is that important? Because in Elliott wave analysis, .618 is a common Fibonacci reversal area for market corrections.


Based on the Dow's 300-year-long Elliott wave pattern, Prechter sees a huge difference now compared to the last two significant tops in 2000 and 2007. In fact, "This massive stock market top is preparation for something big," writes Bob.


The May 8 Theorist shows you two Elliott wave paths that stocks will likely take from here -- and both point in the same direction.


There is more -- you also discover the likely final outcome if this decline indeed develops into "something big": Prechter gives you his ultimate DJIA's price targets several years from now.


Read Part One of Robert Prechter's Latest Two-Part, April-May Theorists FREE
The April-May Theorist series entitled "Deadly Bearish Big Picture" reveals a lucid picture for 2010-2016. It's the flipside of Robert Prechter's February 2009 Forecast for a 'Sharp and Scary' Rally. Click here to download the 10-page part one for FREE now.


This article was syndicated by Elliott Wave International. EWI is the world's largest market forecasting firm. Its staff of full-time analysts lead by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.


(TSK: Oops! EWI cancelled the Free Week planned for last week, so no more Freebies for now!)


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Sunday, May 16, 2010

May 17 Weekly Update - Stock Market Forecast

May 17 Weekly Update - Stock Market Forecast


Fengshui: Market unlikely to see strength, except for May 17.


Financial Astrology: Will markets continue to decline?



Technical Analysis: US markets: No Hindenburg Omen yet. Markets likely to move sideways.

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Wednesday, May 12, 2010

AICE 2010 (June 5-6 2010)

Asian Investment Conference & Exhibition 2010
@ Suntec
June 5 -6 2010
Organised by SIAS
Free Attendance
Register on site


AICE 2010 Programme Schedule

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Sunday, May 9, 2010

May 10 Weekly Update - Stock Market Forecast

May 10 Weekly Update - Stock Market Forecast

Fengshui: Market unlikely to see strength, except for May 14 2010.


Financial Astrology:
Markets likely to be volatile.



Technical Analysis:
US markets: No Hindenburg Omen yet. Markets likely to continue to decline with technical rebounds.

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Friday, May 7, 2010

Stock Market Time Cycle Formula Unveiled!

Have you read the April 2010 Elliott Wave Theorist by Bob Prechter?


I just completed reading the April 2010 EWT and am very impressed with Bob's detailed research and analysis. He was willing to reveal details of his Stock Market Time Cycle studies and how he calculates and forecasts market turns.


Yes! He unveiled the formula, how he calculates and estimate/forecast the End Time of this Rally, between April 15 to May 7 2010. Spot on! Oops, at least for now. Time will tell.


For Bob's information, the first person I knew who talked about 7-year and 5-year stock market cycles is WD Gann! The other person is the author of The Joseph Cycle – Singapore Stock Market has a 14-year cycle, 7 bull and 7 bear years.


My Stock Market Time Clocks also incorporates these cycles, including those mentioned in the April 2010 EWT. Oops! The Formula I used is different from Bob, but still arrived at similar turn dates = May 3 or 4 2010!


Now that Bob reveals his Stock Market Time Cycle studies, I have more stock market data and information to help decipher the future dates given by my Stock Market Time Clocks!


What's the cause of the “Stock Market Crash”?


“As above, so below!” “When the Time is up, prices will decline.”


Lookout for more Freebies from EWI next week! Stay tuned!

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Elliott Wave Theorist April 2010 Free!

Get Bob Prechter's Latest Market Report, Free!


"A Deadly Bearish Big Picture"


That's the headline Robert Prechter gave to his just-published Elliott Wave Theorist. You can read that entire 10-page issue right now -- for FREE!


Continue reading to learn more or get it now.


Headlines are usually about what happened already, but Prechter's headline is about what happens next. It goes beyond providing information. Yes, he wants you to see what he sees -- but Prechter's purpose is to provide you with a forecast so that you'll be prepared.


So please consider the top headline once again.


If you've read any of Prechter's books or heard him in an interview, you know that overstatement is not his style. When he says the "Big Picture" is "Deadly Bearish," that is exactly what he means.


This issue of the Theorist shows the depth of Prechter's recent research into what that "Big Picture" includes. The array of time cycles he explains is nothing short of amazing; each one is relevant to the how and when of what stock market prices will do from now until the year 2016.


And make no mistake, this April issue of The Elliott Wave Theorist fully recognizes the extraordinarily optimistic sentiment that now blankets the financial world. Truth is, the evidence is everywhere -- you just have to know where to look. Did you know that Time magazine quotes two professors who are telling 20- and 30-year-olds to use ALL their retirement savings to buy stocks on margin?


This is exactly the type of one-sided evidence that covered the financial world back in February of 2009 -- except, of course, the extreme then led to a "deadly bullish" conclusion. Yes, that was precisely the month when Bob Prechter's Elliott Wave Theorist told subscribers to expect the stock market to turn bullish.


Once again, find out why investors turn to EWI for a different perspective. It's better to be with it than without.


Get your FREE copy of Prechter's latest research -- Download the April Theorist now.


Thanks for reading



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.


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Thursday, May 6, 2010

6 Critical Money-Making Rules for Investors

Following 6 critical rules will make you a better investor.

Face the facts -- investing isn't easy. If it was, everyone would be successful. Successful investing takes hard work and discipline. Famed financial analyst Robert Prechter has identified the 6 critical rules successful investors follow. Learning the rules is the easy part -- putting them into action is what will make you a success.

Download Prechter's free 30-page report, Six Critical Money-Making Rules for Investors, now.

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.

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Wednesday, May 5, 2010

Hindenburg Omen – Stock Market Crash Alert!

Hindenburg Omen – Stock Market Crash Alert!


Still remember the Hindenburg Omen?


We are watching. If US Markets continue to decline, the Hindenburg Omen might be triggered. Yes, that's a warning of a Stock Market Crash coming!


Wow! My Stock Market Time Clocks triggered May 3/4!


A perfect Stock Market Formula at last?


Oops!


Time will tell!


Stay tuned for updates!

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Tuesday, May 4, 2010

May 2010 Stock Market Forecast

May 5 to June 5, 2010

This is the Yin Metal Snake Month. First half likely to see profit taking. Though second half likely to see strength, be prepared for surprises (weakness) as this is the Snake Month.

Favourable industries/sectors:



Financial Astrology:

Watch theses dates:

May 11 – Mercury direct

May 14 – New Moon

May 23 – Jupiter oppose Saturn

May 28 – Full Moon, Uranus enter Aries

May 30 – Saturn direct



Technical Analysis:

US Market: ??



Oops! Will markets continue to decline? Forget about Elliott Wave Counts for the time being, they keep changing, dun know up or down! Focus on the Trend! How?

Watch the Regression Trend Channel. S&P 500 is still within the Uptrend Channel. Watch if it breaks 1180-1150 for change in Trend.

Lookout for weekly updates and updates to above when received.


What my Stock Market Time Clocks Say?

Be careful. May 3/4 is a possible critical turning point. Watch where the markets go from here. Oops!



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Sunday, May 2, 2010

May 3 Weekly Update - Stock Market Forecast

May 3 Weekly Update - Stock Market Forecast


Fengshui: Market likely to see strength, except for May 3.


Financial Astrology: Will markets continue to decline with Saturn Uranus Opposition?


Technical Analysis: US markets: We got the sell signals. Will markets do a final rally or continue with multi-week decline? Stay tuned for confirmation.



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DISCLAIMER: All contents in this blog are for educational and informational purposes only and should not be construed as investment advice regarding the purchase or sale of stocks or any other investments. Please consult with your financial advisor before making an investment decision regarding any mentioned investments.
I assume no responsibility for your trading and investment results.
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