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Showing posts from October, 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

Black Monday: Ancient History Or Imminent Future?

What does the U.S. stock market now have in common with the famous crash of 1929? This news excerpt and chart from some of Bob Prechter’s latest analysis reveals startling. Read More

Down Friday/Down Monday Warning Indicator

According to Stock Trader's Almanac, a Down Friday/Down Monday market behaviour is often a warning sign of negative market direction, frequently coincides with market tops and near major market bottoms. Since 1995, there have been 126 occurrences of Down Friday/Down Monday, with 31 falling in bear market years of 2001 and 2002 producing an average decline of 12.7%. In 2001/2002, Dow loss 13.5%/11.9% over the next 3 months, lasting 53/54 days, after the occurrence of the Down Friday/Down Monday market pattern. On average, Dow loss 5.4% over 35 days after the occurrence. Did you notice the Down Friday/Down Monday behaviour over the last weekend (October 23 & October 26), the first since August 31 2009? Hmm... possible warning of market correction over the next few weeks?

Best Fixed Deposit Rate in Town?

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Which Bank pays the Best Fixed Deposit Interest Rate? I googled the internet and found this. Guess what? State Bank of India again! Is it the Best? Please let me know if you know of better ones. SBI Clementi Branch Promotion: 1.Fixed Deposit Rate of 1.28%! 2.Free $10 NTUC Voucher for New Accounts Opened! Hmmm... Let's go check it out this weekend!

Jeremy Grantham Stock Market Outlook 2009-2010

Jeremy Grantham just released his Q3 Client Letter (Just Desserts and Markets Being Silly Again) on his outlook on US Economy and Stock Market. Hmm... is he hinting about a repeat of 1929 – The Last Hurrah and Markets Being Silly Again – after the sharp decline in the fall of 1929, the S&P500 rallied 46% from its November low, then fell over 80%. Other key points to note: It still seems a safe bet that seven lean years await us. Fair value on S&P is now about 860. This places today's market (October 19) at almost 25% overpriced. We face a seven-year future that almost everyone agrees will be tougher than normal. We are nervous about a possibility of a major shock to Chinese growth (a one in 3 chance that a major China stumble in the next 3 years). What will stop this market in the first few months next year? A combination of 2 factors: Disappointing economic and financial data will begin to show the intractably long-term nature of some of our problems, particul

October 26 Weekly Update - Stock Market Forecast

October 26 Weekly Update - Stock Market Forecast Fengshui : Market likely to very volatile, especially Oct 26 & 29. Rest of week shows potential strength. Financial Astrology : Will markets continue to decline or will Bullish Planets help support the markets? Technical Analysis : US indices – likely to decline Monday. When wave 4 down completes, next is final wave 5 up (comprising 3 sub-waves). When will Phase 3 start? Have you read Stock Market Crash Coming?

Stock Market Crash Coming?

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Has this Bear Market Rally ended or going to end? Is US Stock Markets going to crash soon? Based on Elliott Wave Count by US Expert, here are the alternative Elliott Wave Counts: 1.Bear Market Rally likely ended. 2.Bear Market Rally likely in final wave 4 down now, next is final wave 5 up. When this Bear Market Rally ends, fasten your seat belt and prepare to ride the Voyage to the bottom of the C! As there is no Hindenburg Omen, the decline is likely to be slow and painful. Based on the chart patterns forming in DOW, S&P500 and Nasdaq, the downside target for S&P500 is likely be 666, the March 2009 low. What do my Stock Market Time Clocks say? 1. Stock Market Time Cycle Formula 1 – Turn dates had been accurate so far, however, the market turn direction are reversed most of the time. Next major turn dates – see chart attached. If market turn direction is reversed again, then invert the chart for the turn date market direction. 2. Stock Market Time Cycle Formula 2 – Wow!

Gold: What's REALLY Behind the Record Rise, Bull or Bubble?

When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work -- and they both start with the letters “B-U.” When a precious metal goes from being a popular long-term investment of buy-and-holders to the quick, get-away “vehicle” of day-traders, two scenarios are at work -- and they both start with letters “B-U.” And when the majority of mainstream pundits see a "new paradigm" in which prices continue to rise indefinitely, two scenarios are at work – and, you guessed it, they both start with the letters “B-U.” Enter: the recent Gold Rush of 2009, when ALL of the above conditions apply. Everyone from hedge funds to housewives now hustle to hitch their asset wagon to the rising gold star. Which begs this question: Which of the possible two scenarios are at work: B-U -ll --- Or B-U -bble? Here’s the difference: A genuine bull market is driven by a self-sustaining internal dynamic that's reflected by a host of tech

China Shanghai Index Leads, DOW Follows!

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Daryl Guppy wrote a very interesting article published on the CNBC website today. Key extracts from the article: “We use the Dow Index and the Australian ASX S&P 200 index (XJO) as representative of markets outside the US. The DOW and XJO charts have been time shifted to the left so the absolute market lows of March 2009, match the time of the absolute market low in the Shanghai Index in October 2008. This type of time shifted display clearly shows which market is a leader and which markets are followers.” China leads and the DOW follows: 1. The DOW is now at 10,000 but how important is this in terms of global market behaviour? 2. The DOW is following the behavioural leadership of the China market. 3. The 10,000 equivalent for the Shanghai Index is 3,000. The Shanghai market reached this level and briefly powered above it before developing a trend correction. 4. The Shanghai Index remains in trend correction mode and is using price and time corrections. The price trend

October 19 Weekly Update - Stock Market Forecast

October 19 Weekly Update - Stock Market Forecast Fengshui : Market unlikely to have strength, except Oct 19. Oct 22/23 likely to be unstable. Financial Astrology : Markets decline when Mars enter Leo on Oct 16 2009. Will markets continue to decline or will Bullish Planets help support the markets? Technical Analysis: US indices – Direction uncertain for Monday. Markets likely to have found a rally top or might continue to rise. When will Phase 3 start?

2010 Year of Tiger Fengshui Predictions

Lilian Too, Fengshui Master , was the first speaker at the Wealth Summit Asia 2009. Wow! I was very impressed with her presentation, first time I attended her talk! What's her view of 2010 Year of the Metal Tiger ? 2010 Year of the Metal Tiger will be a Bad Year! There is no water element. Normally, there is hidden elements but no water element for Year 2010! Water brings wealth, no water, no good! But, there is still plenty of money to be made. It will benefit those who have water element in their Bazi or Four Pillars! Water in Bazi = Good Luck! Do you have? Good luck is all about Timing. Having patience to do nothing. Get Timing Right! ( Wow! Even Jim Rogers said “You are not going to make money unless you have good Market Timing. Stocks will be in a Trading Range for many years! ) Have you heard of “God of Wealth seated on the Tiger”? Tiger brings “God of Wealth”. Which do you want: Income Luck or Wealth Luck? Read Fengshui Outlook 2010 Year of Tiger Read CLSA

Conquer the Crash 2nd Edition Robert Prechter's Bestseller that Forecast Meltdown

Mark Hulbert's Sept. 11, 2009, column for MarketWatch.com says, Robert Prechter "came the closest … to forecasting what was about to take place." One thing the noted financial columnist left out was that many of Prechter's forecasts still lie in the future. The long-awaited second edition of Prechter's bestseller, Conquer the Crash , is finally here! Prudent investors should read his prescient insights, what he believes is still ahead and what you can do to protect your wealth today. Learn more about the special pre-order offer for Robert Prechter's bestseller, Conquer the Crash , Second Edition. Today's financial and economic tribulations were a long time in the making. Many people ask, " Why didn't someone see it coming? " But a New York Times bestselling book did see it coming. More than 100,000 people read it in time to protect their wealth. They read this about real estate: What screams 'bubble' – giant, historic bubbl

October 12 Weekly Update - Stock Market Forecast

October 12 Weekly Update - Stock Market Forecast Fengshui: Market likely to see major movements and volatile Oct 12 to 14, rest of week likely to see strength. Financial Astrology : Jupiter turns direct October 12. Will markets reverse? Who will win the battle: Bullish or Bearish Planets in the Sky? Technical Analysis : US indices – Direction uncertain for Monday. Final Wave 5 up likely completing. Alternate wave count: 2 more sub-waves coming (down then up)? When is Phase 3 starting?

Wealth Summit Asia 2009 (Oct 10-11)

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For just S$10, get to attend a 2-day conference and a chance to meet Wall Street Financial Legend Jim Rogers Live! Why not? Jim Rogers will be sharing “How anyone can invest profitability in commodities” Wow! Last minute, they added Lilian Too, Fengshui Master, to talk on Fengshui for Wealth! Are you attending? See you there! What can I learn? What will I learn? More when I come back!

Where to Sell Gold Jewellery?

Wow! Gold price has been going up. How high will it go? USD1500, USD2000, USD3500? When will it drop to USD550? I'm waiting. Hahaha, now that Gold price is going up, we thought maybe it is a good idea to find out where we can sell our old Gold Jewellery before Gold crash down (this is what the expert say). My sister suggested we visit Maxi-Cash to “test the market”. Oops, she received a Gold ornament as present a few years ago, so let's go find out how much it is worth now. Maxi-Cash is a modern pawnshop, recently opened a new branch at People's Park Complex. We can sell Gold ornaments to them or pawn it. The price is different, higher if we sell. Wah! Now I know where I can sell my old fashion gold jewellery when Gold price go up more! Then when Gold price drop, I can buy new fashion gold jewellery! Hahaha! Tan Koo Koo lor! (If you know of other places which offer better value, please email me. Thank you!) (Oct 8, 6.00pm - A blog visitor shared on an

October 2009 Stock Market Forecast

October 8 to November 6, 2009 The Yang Wood Dog Month shows strong earth energy. Markets likely to be volatile, with risk of great losses due to greed and manipulations. First half shows potential for gains, Second half most volatile and will be the cause of the financial market downfall. Favourable industries/sectors: Wood and Metal Financial Astrology: There are Bullish and Bearish Planets in the Sky. Who will win the battle: Bull or Bear? Watch these dates: 1.Oct 12 – Jupiter direct 2.Oct 15 – Mid point Saturn Uranus Opposition 3.Oct 29 – Saturn enters Libra Technical Analysis: US Market: After Wave 4 down is completed, next is Final Wave 5 up. Will Wave 5 up come? Will it truncate? When it truncates, fasten your seat belts, as Phase 3 down will start. October is the number one Stock Market Jinx? October 11 2009 – 2nd anniversary of October 11 2007 Stock Market Crash, start of this Bear Market Phase 1 Cycle! Heavenly Seven! Magic Seven! On October 6 2009 or October 9,

Sudden WINDFALL $24 Million in Account ?

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This morning, I login to check the cash balance in my trading account to confirm money had been transferred to my bank account. Wow! Surprised to see a sudden increase of more than S$20K in my account balance! Ting! Ting! Ting! First thought was: Wow, they refunded to me all the overcharged commission for the past few years! Called my sister. Decided to take a second look and do some calculation. Open the account balance again. Wow! It is S$24 Million, not S$24K! More compensation? WINDFALL! Never seen so much money in my account in my LIFE! Huat ah! Hahaha! Capture it before its gone! (This morning, I fell down and hit my head against the wall, heard a big "crack" sound. Hope my "skull" is ok. Maybe affected my eyesight. Oops, how long more can I live. Pray for me!)

Prechter Says Stocks Are Poised for ‘Major Decline’

Reported on Bloomberg, October 5, 2009, key extracts from report: U.S. stocks may suffer a “major decline” after climbing to the highest levels in almost a year two weeks ago, according to Robert Prechter, founder of Elliott Wave International Inc. The S&P 500 Index will probably fall “substantially below” 676.53, the 12-year low reached on March 9, he said. Nouriel Roubini, the New York University professor who predicted the financial crisis, agrees with Prechter that stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors. “Markets have gone up too much, too soon, too fast,” Roubini said in an interview in Istanbul on Oct. 3. “I see the risk of a correction, especially when the markets now realize that the recovery is not rapid and V-shaped, but more like U- shaped. That might be in the fourth quarter or the first quarter of next year.” Stocks, commodities and real-estate will suffer from a rebound in the U.S

October 5 Weekly Update - Stock Market Forecast

October 5 Weekly Update - Stock Market Forecast Fengshui : Market unlikely to see strength, might improve Oct 8/9. Financial Astrology : Markets topped out within 6 to 10 trading days from Saturn-Uranus Opposition on Sept 15. Will Dow drop another 1500pts in next couple of weeks? Technical Analysis: US indices – Direction uncertain for Monday. When Wave 4 down is complete, next is final Wave 5 up. Will we get Wave 5 up?

Trading is Risky, Will Lose Money?

Is Shares/Warrants Trading Risky? One local Professional Trader cum Trainer said “You are guaranteed to lose money in Trading. So must have money management or risk management rules put into practice so that what you lose is less than what you make over time.” In short, he is preaching there is no perfect trading method/system, no holy grail, cut loss if you are wrong. So he is telling you his trading method taught to students also has weakness. Do you know why it will fail, when it will fail and what will fail? Why pay to learn from him? Haha, today, this Professional Trader wrote in his blog saying he is confused with the US markets and now sitting on the fence. Would I want to pay to learn from him? One US expert trader said “If Trading is Risky, Why Trade and lose Money? Find a Winning System! Otherwise, dun trade! I agree with the US expert. Why trade and lose money? Why trade and be prepared to cut loss when you know the trading method has weakness? If I know the