Thursday, July 28, 2011

Stock Market Forecast August 2011 - Crash Ahead?

Have you read and analysed the following 3 articles which I posted recently?

1. Straits Times Index Diamond Top Formation

2. Straits Times Index & Dow Forecast 2H2011

3. Dow 3Peaks Domed House Pattern Update

Did you notice Straits Times Index (STI) hit the Top of the Bigger Diamond Top Pattern yesterday?

Did you notice the "false breakout" of the Triangle Pattern? According to "experts" of Triangle Patterns, the last wave usually 'breakout' of the Triangle Pattern? Be cautious! Is it the last wave up of Wave 2 Triangle Pattern? Watch for the break of support!

In the past few days, I updated my Stock Market Time Clocks. Guess what I discovered?

July 27/28 2011 an important turn date!

Will Stock Markets Crash in August 2011?

I will share more should the Crash occur, how I managed to calculate and forecast this coming crash!


Wednesday, July 27, 2011

USA Headed for Second Recession?

Are we headed for a Second Recession?

Per article posted by Streettalklive, the following indicators show high likelihood:

1. Chicago Fed National Activity Index - a small step to crossing the 35 mark, which has always been a pre-cursor to recession.

2. Graph of Real GDP Growth - shows downward growth heading to below 2% line, which has been indicator of a recession in the past. Almost every drop below this line has led to a recession since 1947.

Thursday, July 21, 2011

Straits Times Index Diamond Top Formation?

Did you notice this Bearish Top Pattern forming in the Straits Times Index?


Yes, it is drawn to "special measurements".

So where do you think Straits Times Index will be heading tomorrow?

Where will it be heading when "Decision Time" comes?


Wednesday, July 13, 2011

Straits Times Index & DOW Forecast 2H2011

A regular blog visitor asked me for the Straits Times Index Wave Count.

Oops! I'm not an expert on Elliott Wave! But recently I read an expert talking about DOW's Elliott Wave Count - that DOW is in a Wave 4 Triangle, a bullish view but depends on whether critical support can hold.

As I said in an earlier article, Elliott Wave Count is but one of the jigzaw puzzle in forecasting....hmmm....anyway.....

I've been starring at this STI Chart Pattern for many months, wondering how it would form.

Hmmm.... based on my Stock Market Time Clocks, STI & DOW Open Books, I "guess" this should be pattern and Wave Count:

A Picture is worth a thousand words!

Watch the support and resistance trend lines! Beware the "Killer Wave 3" ahead!

Saturday, July 9, 2011

DOW 3Peaks Domed House Pattern Update

Have you read Stock Trader's Almanac's latest update on DOW's 3 Peaks Domed House Pattern?

A picture is worth a thousand words!

The picture is taken from STA's update July 8 2011 with a downside target of 10,000 (pt 28) if 11,555 is broken.

I superimposed the Basic 3PDH Pattern, added those items in bold red. Can you see the neckline for the "mini Head & Shoulder Pattern"? Are we now at Point 25 or 27? Can you see a potentially bigger Head & Shoulder Pattern? Oops! One Head at a time lah!

How long will this take to form?

Straits Times Index took sooooo loooong to forming....zzzzzz

Tuesday, July 5, 2011

Asian Investment Conference 23-24 July 2011

AICE 2011

Asian Investment Conference and Exhibition

23-24 July 2011

Suntec International Convention and Exhibition Centre

See Conference Programme

Free Admission

Should I keep my Whole Life Policies?

I have a whole life policy (death/tpd) and another 3 for CI/TPD/death. I no longer need insurance for death as I do not have any depe...