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Showing posts from March, 2009

Trust Bank Singapore, New Digital Bank Freebies!

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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...

March 30 Weekly Update - Stock Market Forecast

March 30 Weekly Update - Stock Market Forecast Fengshui: Market has potential strength except for Friday. Expect volatility. Astrology: Markets tend to reverse by middle of Venus retrograde. What rallied so extremely will fall just as sharply because of Pluto. Expect volatility. If Dow cannot break 7930.61 top, then can see 7382 or lower. Technical Analysis: US indices – Likely topped or will topout soon, followed by decline, need to see performance of each day to confirm. A heavy week of potential market moving economic reports – consumer confidence, ADP employment, nonfarm payrolls and unemployment rate, etc. Be careful! This week is critical. I would likely be able to confirm by end of this week what we can expect next. There is a critical turn window next week and planetary movements which could mark market turns. Hmmm, those planetary movements might already be exerting their influence this week! More in April 2009 Stock Market Forecast coming soon!

Astrology Forecast End of Rally!

One Astro Expert forecasted this Bear Market Rally will end on March 27, 2009. He accurately forecasted the start of this Rally and his forecast was posted early this year. I only found this article recently. Then March 26, 2009 was the Fibonacci Turn Date provided by a TA Expert . Then yesterday or today is New Moon. Looks like it might mark a Market Top. Wah, one more tip, today STI hit my BMI Top (remember its twin indicator) , not a good sign in a Bear Market Rally. It might indicate this rally is ending soon! Unless other powerful forces are at work. Like what? Like the power of Venus Retrograde? Other challenging timelines to note: March 31 GM deadline March 31 Hedge Fund Redemptions April 2 G20 Meeting April 15 US Tax short fall April Earnings Season So be careful! More in April 2009 Stock Market Forecast coming soon!

3 Phases of Bear Market (2007 to 2012?)

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My most popular article is Stock Market Forecast for Next 8 Years (2008 to 2016) . Have you read it? According to The Joseph Cycle, the next 7 Years will be a Bear Market , starting from October 2007. When will this Bear Market likely to end ? The most optimistic forecast based on Elliott Wave Analysis, this Bear Market might last 4 to 6 years from 2007. This Supercycle or Grand Supercycle Degree Bear Market has 3 phases (legs): The first leg ( A ) down had likely ended on March 9, 2009. The second leg ( B ) is likely to be in progress, a likely 50% retracement of the decline from October 2007. Wow, you estimate how much is that lor! The third and final leg ( C ) down will be next. Dow will likely end with 90% of its value gone (from October 2007 top)! Wah, you estimate lor! See diagram attached (click to enlarge). Oops! I wonder what will happen if the major correction forecasted in April 2009 makes a new low! So, do you still want to pick the bottom? Do you still want to buy and hold...

Key To Trading Success: Ignore Nature's Laws?

The following is excerpted from Robert Prechter’s Independent Investor eBook . The 75-page eBook is a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free. By Robert Prechter, CMT …The natural tendency of people to apply physics to finance explains why successful traders are so rare and why they are so immensely rewarded for their skills. There is no such thing as a “born trader” because people are born — or learn very early — to respect the laws of physics. This respect is so strong that they apply these laws even in inappropriate situations. Most people who follow the market closely act as if the market is a physical force aimed at their heads. Buying during rallies and selling during declines is akin to ducking when a rock is hurtling toward you. Successful traders learn to do something that almost no one else can do. They sell near the emotional...

April 2009 Stock Market Outlook

What does the Stock Trader's Almanac say for April 2009 . Summary of key points: The Best Six Months for the Dow and S&P end in April. This is the second year in a row it had been red. Oops, one more month to go! 2008 was not good after a bad Best Six Months. Beware 2009! Historically, April is best month for Dow. Oops, will it be in 2009? The first four days are bullish. Oops, will it be in 2009? The day after Easter is the worst post-holiday. Market is prone to some weakness after the April 15 Tax Deadline. So what is the Stock Market Outlook for April 2009 based on Fengshui? Oops, thought you know already, I've been writing about it in a few of my blog articles. Ok, lookout for my crystal ball April 2009 Forecast coming soon!

March 23 Weekly Update - Stock Market Forecast

March 23 Weekly Update - Stock Market Forecast Fengshui: Markets unlikely to do well. Some strength Monday but signs of volatility late week. Astrology: Will the rally continue or will it reverse down? Technical Analysis: US indices – Will this be a corrective decline? Can Dow 7250 hold? New moon falls on March 26, 2009. Will it be a market bottom or a market top?

March 16 Weekly Update - Stock Market Forecast

March 16 Weekly Update - Stock Market Forecast Fengshui: Signs of volatility, with profit taking Monday/Tuesday, potential strength Wed and Friday. Astrology: Volatile with sharp price movements/reversals. Technical Analysis: US indices – Signs of topping out, likely to decline. Note: Goldman Sachs earnings on Tuesday. March FOMC meeting Tuesday and Wednesday, with announcement on interest rates and assessment of economy/inflation on Wednesday. Uncle Ben will be speaking again on Friday. Plus this quarter’s quadruple-witching expirations on Friday usually create considerable volatility. Wah, options expirations again, where “Big players bully Small players”. If there are more calls than puts, guess what will happen when Big players make call options expire worthless! So can the rally continue? Are the bears still hungry? Tip: Fengshui forecast for next week is weak. Fibonacci turn date on Mar 26 likely to be a bottom. Potential major market crash in April 2009. Be careful hor!

Making of A Bear Trap?

A Bear Trap? Many technical analysts had been calling for a powerful reversal or bear market rally for weeks. But where is the bear market rally? Is this the making of a Bear Trap (Bulls creating a trap, trapping the bears in the bear market rally, hahaha!)? Why the delay of a Bear Market Rally? With Venus retrograde, technical studies have a tendency to be unreliable, so say the Financial Astrology Expert. I think this also affected Fengshui forecast lor! This FA expert's view is that with Venus retrograde, typically he will look for a long-term cycle high or low to form within 12 days of the retrograde event, and then for many markets to embark on counter-trend moves into the direct period, +/- 10 trading days. However, there might be other planetary movements occurring during the retrograde period. So the counter-trend moves might be truncated, causing volatility during the period. Aha, looks like the counter-trend moves (Bear Market Rally) had started (Dow is up 4% now as I...

March 9 Weekly Update - Stock Market Forecast

March 9 Weekly Update - Stock Market Forecast Fengshui : Monday likely to be volatile, gaining strength rest of week. Astrology : Confusing signals with multiple planetary movements. Will markets be up or down? Technical Analysis : US indices – Likely to rise Monday. With conflicting forecasts among the 3 groups of Masters, what would be the probable market direction this week? Noticed US markets rebounded from lows last Friday March 6, 2009 when Venus turned retrograde during US time. Does it mean the end of this sharp stock sell off? We need to see confirmation, follow through, before we can confirm the decline is over. I've been doing more detailed research on astro trading cycles after experiencing the impact of Venus retrograde on stock markets last week. It appears that during the Venus retrograde period from March 6 to April 17 2009, stock markets are likely to encounter much “turbulence”. Wait till I finished my research, wait till we confirm the market direction this week,...

Venus Retrograde = Panic Stock Selloff?

Watch the Sky for Trends! Financial Astrology Experts say certain planetary movements can affect stock markets. Venus Retrograde from March 6 to April 17 could have caused the panic stock market sell off. That's why Technical Analysis failed to identify the market bottom and reversal timings correctly. That's why Fengshui Forecast also failed. Will markets continue to decline until March 6, the start of Venus Retrograde? Will markets reverse on or after March 6 2009?

March 2009 Stock Market Forecast

March 5 to April 4, 2009 This is the Yin Fire Rabbit month. It brings strength to equity markets. However, there are signs of instability in the second half of month. Favourable industries/sectors : Fire, Earth and Water. Week of March 2 to 6, 2009 - Stock Market Forecast Markets likely to have strength March 2, 3 and 6. My research indicates: I can see strong fire elements on March 2 and 3 and strong wood/fire elements next week. According to one financial astrology expert, Venus retro periods often mark market turns. Venus retrograde from March 6 to April 17, 2009. Direction: unclear. According to 2 Elliott Wave Analysis experts, markets likely to bottom out and stage a sharp wave 4 reversal, before the final wave 5 down. Turn window between March 10 and March 18. Weekly S&P 500 forms a double bottom pattern. Should a pivot low occur, a strong rally could follow. Can you see a similar pattern in STI? Dow is under pressure, likely break 7000. Should the market find a pivot low, a...