Trust Bank Singapore, New Digital Bank Freebies!

Image
Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving
Post a Comment

Where is STI and Regional Indices Heading?

Daryl Guppy wrote his analysis on STI yesterday. Key points to note:


  1. A common chart pattern in STI and many Regional markets – failure of breakout from equilateral triangle (see diagram).

  2. Good news: reduction in bearish pressure – probability that market will hit the downside target from the equilateral triangle is reduced.

  3. Bad news: Trendline A now becomes support – this is bullish. But slope of line shows continued bearish pressure. STI can slide down the support line.

  4. Trendline A, when projected forward, intersects a horizontal support line at 1640 in late February - estimated support target and timeframe.

  5. If this support target breaks, then downside target of equilateral triangle remain valid.

  6. This period is dominated by short term rallies and rapid retreats. It remains a traders market.


Read STI in Consolidation – Breaking Up – for downside target of equilateral triangle.



Read My Crystal Ball – Stock Market Forecast 2009 – Yin Earth Ox, in particular Chart Patterns for 1Q2009, for my take on possible direction of STI going forward. Dun forget to lookout for my monthly and weekly forecasts, including daily articles for latest updates.



Comments

Post a Comment

Popular posts from this blog

CPF@55 Policy Designed to Make the Rich Richer!

CPF@55  Policy Designed to Make the Rich Richer! Do you know that  CPF@55  policy can help you get richer with a bigger SA (Special Account Balance) after 55? Yes, provided your are rich with a big OA (Ordinary Account Balance) and SA which exceeds the FRS (Full Retirement Sum).  Assuming you have $240k (SA), $160k (OA) and FRS is $200k, this is how you can become richer after 55: 1.  2 weeks before your 55th birthday, buy a stable Unit Trust Bond Fund with $200k SA under CPFIS/SA investment scheme (minimum $40k SA must be maintained) 2.  On your 55th birthday, CPFB will transfer $40k (SA) and $160k (OA) to your RA (Retirement Account) to form $200k FRS. 3.  Next day, sell your CPFIS/SA investment of $200k, this will be returned to your SA. 4.  You now have $200k (SA) and $0 (OA) after RA is created! What happens on your 55th birthday if you did not do the hack (ie. step 1&3) above?  CPFB will transfer $200k (SA) to RA.  So after 55, you will have $40k (SA) a
Read more

Fengshui Forecast was Spot On Again!

Fengshui Forecast for August 2008 Stock Market was spot on again! STI had a major correction of more than 10%, dropping from 2906 on August 1 to 2574 on September 5. Too bad, I was not ready to short sell this bear market. But I felt very happy that I've exited the market before this crash. Thanks for the Fengshui Forecast! I prefer to simply wait on the sidelines, with my cash holdings earning interest from the bank or money market funds. This is a bear market! Capital Preservation is Key! Cash is King! Survival first, make money afterwards! Patience will be rewarded when the Time is Right! "Mr Market has never failed to recover from every setback. But not so for individual stocks!”
Read more

Stock Trader's Almanac 2009

After I started working, I was always at MPH or Times Bookshops on weekends, reading books to upgrade myself. With internet, I no longer do that except when I cannot find the information I want. Recently, I started visiting the bookshops again. I went to Kinokuniya this time as it has a wider range of books and uncontrolled (ie not shrink wrapped). I found the Stock Trader's Almanac 2008 and read it. I was disappointed as I thought I can find things mentioned in Amfraser's STI Forecast or useful information for the rest of 2008. A very expensive book costing S$70+, but I read it free! Ha ha, times are bad, many people do that at the bookshops! When the Stock Trader's Almanac 2009 is out, you can see me at Kinokuniya again!
Read more