Friday, July 30, 2010

Happy 2nd Blogiversary Celebration with TSK!

To everything There is a season
And a time for every purpose, under heaven

A time to be born, a time to die

A time to plant, a time to reap
A time to kill, a time to heal

A time to laugh, a time to weep
A time to build up,a time to break down

A time to dance, a time to mourn
A time to cast away stones, a time to gather stones together
A time of love, a time of hate

A time of war, a time of peace
A time you may embrace, a time to refrain from embracing
A time to gain, a time to lose

A time to rend, a time to sew
A time for peace, I swear it's not too late

(Extracts of Lyrics from the song Turn Turn Turn)

Yes, it's time to celebrate my Second Blogiversary, Birthday of this Blog which I started on July 30 2008! Wow! Time flies, I had been blogging for 2 years already!

How do you like this blog? Have you gained? Have you achieved?

What have I achieved?

  1. Stock Market Time Clocks using days and weeks. Yes, recently I discovered how to calculate weeks which can accurately time Stock Market Turns.

  2. Crystal-Ball-Like Technical Tools to time Stock Market Turns and forecast values. Yes, it even worked on intra-day charts, timing by minutes! Timing the Stock Market is possible if you know how! Amazing to watch how Straits Times Index turn up and down based on Nature's Law of Time!

  3. Timing Using Chart Patterns. Yes, it is possible to time Stock Market Turns using Chart Patterns, the 3 Peaks and Domed House Pattern and it's Mirror Image discovered by the late George Lindsay. Wow!

  4. W.D. Gann's Secrets Unveiled! As Above, So Below; Time is Most Important; Time Formula; and more!

  5. An exploding number of blog visitors from all over the world. (see blog statistics)

  6. Additional pocket money from blogging. Yes, thanks to you for reading my blog and the advertisements ($$$)!

Wow! Happy is the man that findeth wisdom, and the man that getteth understanding.”.. W.D. Gann's quote from the Bible.

Oops! Just when I thought I've finished with my research and ready to share some with you, I found some more “stock market secrets”. 2 days ago, I got a copy of “The Major Works of R.N. Elliott”, more information on the K-wave, plus many more. I suspect there are important clues to the future in the Major Works of R.N. Elliott! Wow! Must listen to the Master!

Haha! Now I know the real meaning of the chinese saying “ Live Long, Learn Long”. Me trying to complete Stock Market Timing Research in weeks/months when it takes the Masters years of hard work!

So keep a lookout for the following articles after I finish reading “The Major Works of R.N. Elliott”:

  1. Are We in a New Bull Market? It will cover forecast for rest of 2010 and beyond! years!

  2. George Lindsay's 3 Peaks and Domed House and It's Mirror Image

  3. Articles covering items 1, 2 and 4 above

Thank you for your continued support reading my blog and advertisements ($$$)

Tuesday, July 27, 2010

INVESTFAIR 2010 - Aug 21 to 22

Wow! This year INVESTFAIR 2010 will be held at the newly opened Integrated Resort at Marina Bay.

I already took a short tour of Marina Bay Sands Integrated Resort as part of Brisk Walking @ Helix Bridge organised by my RC when Helix Bridge was first opened in April 2010. Wow!

The coming INVESTFAIR 2010 would be another opportunity to tour the Marina Bay Sands Integrated Resort, and take another peek at the Casino for free lor!

See you there!

Monday, July 26, 2010

July 26 Weekly Update - Stock Market Forecast

July 26 Weekly Update - Stock Market Forecast

Fengshui: Market unlikely to see strength, July 26 likely to be volatile.

Financial Astrology: Long term cycle tops and/or bottoms might occur in certain markets during this period. Sudden and sharp declines and rallies might occur. Perhaps 500-1000 points in DOW. Will we see a repeat of April 26 - Decline?

Technical Analysis: US markets: Sharp decline likely ahead.

Wow! What do my Stock Market Time Clocks say?

Oops! I've been very busy lately with my research, with the discovery of more formula and time cycles. Wow! When all these time cycles converge, guess what?

I hope to complete as much of my research in time for the next Crisis = Opportunity Ahead!

Remember what day is July 30 2010? (Hint: look somewhere at the top left hand corner! or read the visitor statistics section)

Haha! Remember to come visit my blog on that day! I should be ready to share more of my research results on this big day!

Thursday, July 22, 2010

EWI's FreeWeek is Here!

Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.

You can access EWI's intraday, daily, weekly and monthly forecasts from EWI's Energy Specialty Service right now through noon Eastern time Wednesday, July 28. This service is valued at $347/month, but you can get it FREE for one week only!

The timing couldn't be better because Crude Oil and Natural Gas are both approaching important junctures. Opportunity is calling. This unique event only lasts a short time, so don't delay!

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P.S. FreeWeek is one of EWI's most popular programs, and it's perfect for anyone curious about EWI's subscription services. Please don't hesitate to tell your friends about the exciting opportunity FreeWeek provides. (Use this link to tell your friends.)

Sunday, July 18, 2010

July 19 Weekly Update - Stock Market Forecast

July 19 Weekly Update - Stock Market Forecast

Fengshui: Market unlikely to see strength, July 23 likely to be volatile.

Financial Astrology: Markets likely to be highly volatile with so many Planetary movements. Will it be bullish or bearish? Expect the unexpected.

Technical Analysis: US markets: Sharp decline likely started with possible downside target of 8500 (DOW) based on Head & Shoulder Pattern.

Thursday, July 15, 2010

Dow Might Crash to 7500?

Daryl Guppy talked about the historical parallels between the Great Depression and the recent financial crisis in an earlier article. Today, he elaborated further on the chart technicals behind the observation – published on CNBC website July 15 2010. Extracts below:

1. The collapse of the U.S. markets in early 2008 followed the same behavioral patterns as the collapse in 1929. The recovery pattern seen in 2010, is also very similar to that developed in 1930.

2. The Dow collapse in 1929 was signaled by the development of a well defined head and shoulder pattern, seen most clearly in its monthly chart. It is a reliable Head and Shoulder Pattern that captures the behavior of investors who are becoming increasingly disillusioned about the future prospects for economic growth.

3. The downside pattern targets in the 1929 Dow were exceeded with a fall of around 49% before the market recovered in 1930. The 2008 dow pattern targets were also exceeded with a market fall of around 52%.

4. In 1930 the market developed an inverted head and shoulder rebound pattern recovery that led to a 46% rise in the market. The Dow rebound in 2009 also developed from an inverted head and shoulder pattern. This was a powerful rise of around 69%.

5. The historical development of the recovery in the DOW in 1930 ended with a new head and shoulder pattern. This was followed by a rapid market decline that created the first part of a long term double dip pattern. This retreat also exceeded the pattern projection targets with a fall of 28%.

6. Fast forward to today, we're seeing the Dow is developing a new head and shoulder pattern which indicates a beginning of a bear market. The rally peaks in the Dow appear in January and May and June. The downside projection taken from the neckline of the pattern sets a target at 8,400, or a 25% decline.

7. A very bearish analysis using the pattern of retreat behavior in 1930 suggests the Dow in 2010 could retreat to around 7,500.

8. The head and shoulder pattern in the Dow and its downside targets, are invalidated with a sustainable rise above 10,600. A move above this level does not signal a resumption of the uptrend but it does reduce the probability of a double dip.

9. It must be noted that while the behavioral patterns in 1930 and 2010 are similar, they don't necessary point to the same result. But it does sound a warning that markets could continue to stand on the edge of a precipice.

Sunday, July 11, 2010

July 12 Weekly Update - Stock Market Forecast

July 12 Weekly Update - Stock Market Forecast

Fengshui: Market likely to see strength, except July 12 likely to be volatile.

Financial Astrology
: Which way will the market go after the Solar Eclipse on July 11 2010?

Technical Analysis
: US markets: Will markets continue to rally or reverse?

Oops! Too many conflicting forecasts? Which way will the markets head?

Let's watch.

(Update July 12 8am - There's an astro reversal indicator today, so DOW will likely reverse tonight! Watch Asia for leads! My crystal-ball-like tools indicates potential reversal, one of my Stock Market Cycle Clock also indicates. Haha, let's watch!)

Thursday, July 8, 2010

Double-Dip Risk in Shanghai Index & DOW

Summary of key points from a recent update from Daryl Guppy (The Edge Singapore) on Shanghai Composite Index and DOW:
  1. The Shanghai market gives us an idea of the shape and behaviour of the much-anticipated double dip.

  2. The fall below 2,500 is a key indication that a large-scale double dip is developing. Break of support near 2,481 suggests it will probe the October 2008 lows, making this a major double-dip environment.

  3. This suggests the market may develop a consolidation pattern of behaviour between 2,050 and 2,280. The most bullish result is when support develops near 2,280, with perhaps a temporary dip towards the pattern target level at 2,200. The most bearish result is a fall below 2,200 to develop strong support near 2,050.

  1. These pattern projections do not provide clues about the nature of the retracement. This could be a dramatic fall over two or three weeks, or it could develop as a slower retracement. In either situation the key factor is the development of support in the 2,200 area. Support at this level will lay the foundation for the development of a new uptrend. Investors will look for consolidation patterns and the development of bullish chart patterns before they can enter the market with confidence.

  2. This also suggests that the double dip in Western markets will probe the March 2009 lows. A confirmed head-and-shoulder reversal pattern in DOW gives downside target projection near 8,500. A fall to this level will shake market confidence and there is a high probability of a momentum overshoot below this support level. Then, in another cascade, a further collapse towards historical support levels to develop a major double- dip environment.

Monday, July 5, 2010

July 2010 Stock Market Forecast

July 8 to August 6, 2010

This is a
Yin Water Goat month. Market is likely to be weak and sluggish in the first half. Second half is likely to see confusion with unclear signals/directions.

Favourable industries/sectors: Water and Wood

Financial Astrology:

July is likely to be a highly volatile month. Last week of July is likely to be negative (Panic?).

Watch these dates:

July 5 – Uranus retrograde

July 11 - New Moon Total Solar Eclipse

July 21 – Saturn enter Libra

July 23 – Jupiter retrograde

July 25 – Jupiter square Pluto

July 26 – Saturn oppose Uranus, Full Moon

Technical Analysis:

US Market: Phase 3 of Bear Market likely started, Wave C down. Though there is no Hindenburg Omen (HO) yet, another indicator similar to HO indicates a possibility of stock market crash coming over the next several months. The Head & Shoulder Pattern is completed and the neckline is broken, markets are likely to continue the waterfall decline down to the target of the H&S pattern.

Sunday, July 4, 2010

July 5 Weekly Update - Stock Market Forecast

July 5 Weekly Update - Stock Market Forecast

Fengshui: Market likely to see strength on July 5/6 but weak for rest of week.

Financial Astrology: Markets likely to be highly volatile. Will markets reverse or break support with the Uranus turning retrograde on July 5? What will happen before and after the Solar Eclipse on July 11 2010?

Technical Analysis: US markets: Phase 3 of Bear Market likely started, ie Wave C down. Is a waterfall-like decline coming next?

What will happen with the Solar Eclipse on July 11, 2010 in Cancer?

According to one astro expert, the likely impact of the Solar Eclipse may be determined based on the Zodiac sign in which the Solar Eclipse occurred.

Wah! One of the key country is China. What could happen? Will it cause China's Shanghai Composite Index to double-dip?

Will 7/11 be another 9/11? What could happen? Nuclear War?

Let's watch!

Saturday, July 3, 2010

Robert Prechter: Long Decline Ahead

The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour.

Jim Puplava: I want to come back to government spending, but first I want to move onto the stock market. In your last two Elliott Wave Theorist issues, you laid out a scenario that would put the Dow and S&P, which in your opinion may have peaked on April 26, as the top from here. You feel that this top is the biggest top formation of all time, a multi-century top and we could head straight down in a six-year collapse that would end in 2016 that could see a substantial portion of the S&P and the Dow wiped out in a similar way that we saw between 1929 and 1933. Let's talk about that and the reasoning behind it.
Editor’s Note: The article you are reading is just one small excerpt from Elliott Wave International’s FREE report, 20 Questions With Deflationist Robert Prechter. The full 20-page report includes even more of Prechter’s insightful analysis on fiat currency, gold, the Fed, the Great Depression, financial bubbles, and government intervention. You’ll learn how to protect your money -- and even profit -- in today's environment. Read ALL of Prechter's candid answers for FREE now. Access the free 20-page report here.
RP: Yes, you're exactly right. I did a lot of work on technical forms, cycle forms and Elliott wave forms in April and May and put them in a double issue. Let’s talk about the cycles first.
The 7¼-year cycle has been quite regular since the first bottom in 1980. The next bottom was at the crash in October 1987. The next one was November 1994, which is when the economy went through four years with lots of layoffs; it was a recessionary period throughout until that cycle bottomed. The next one was between September 2001, which was the 9/11 attack, and the October 2002 bottom. And the latest one was at the low in March 2009. All those periods are 7¼ years apart, so we are in the uptrend portion of the 7¼-year cycle.
However, notice for example that in 1987, the market went up until August of that year and then bottomed in October, just a couple of months later. So the decline occurred very, very late in the cycle. This time it occurred a little bit earlier in the cycle, topping in '07 and bottoming in '09. In the current cycle, prices should peak the earliest of all of them. It's what we in the cycle prediction business call “left-hand translation.” The market’s already gone up for about a year, and I think that's just about enough. I think we're going to spend most of the cycle going down. But the important thing to note is that the next bottom is due in 2016. That means I think we're going to have a repeat of what happened between 1930—which was the top of the rally following the 1929 crash—and the July 1932 low. Instead of taking two years, it's going to take about six years.
It's going to be a very long decline. It's going to be interrupted by many, many rallies, just as the decline from 1930 to 1932 was. And every time it bottoms and rallies, people are going to say “OK, that's enough; it's over.” But it won't be over. It's just going to be a long, long process. I think you and I will probably be talking a few times during this period. One of the interesting aspects of this process is that optimism should actually remain dominant through the first three years of the cycle. That will carry us into 2012. Even though prices will be edging lower, most people are going to think it's a buy, and you shouldn't get out of your stocks, and recovery is just around the corner, probably for the next three years. And then, for the final half of the cycle, the final three years, that's when you'll get the capitulation phase when everyone finally gives up.
Editor’s Note: The article you are reading is just one small excerpt from Elliott Wave International’s FREE report, 20 Questions With Deflationist Robert Prechter. The full 20-page report includes even more of Prechter’s insightful analysis on fiat currency, gold, the Fed, the Great Depression, financial bubbles, and government intervention. You’ll learn how to protect your money -- and even profit -- in today's environment. Read ALL of Prechter's candid answers for FREE now. Access the free 20-page report here.

This article, 20 Questions with Robert Prechter: Long Decline Ahead,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.

Friday, July 2, 2010

Where is Hang Seng Index Heading?

Daryl Guppy wrote an analysis on the Hang Seng Index on June 30 2010.

Below is a summary of key points to note:

  1. Weekly chart shows the failure of the development of the cup and handle pattern, indicating the market has lost momentum. When the right side of the cup hit the lip at 22,500, it collapsed rapidly.

  2. Valid pattern is the trading band, with target support level near 19,500 and upside target near 22,500.

  3. Market moves into a prolonged sideways trading pattern. Failure to move above midpoint at 21,000 is bearish. A fall below 19,500 gives bearish target near 17,800.

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