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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...
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STI Underperforming Region!

Alamak! Why like that? Both Amfraser and UBS commented STI had been underperforming the region. According to Phillips Securities Research, STI tracks the CRB index quite closely. When CRB index drops, so goes STI! So I decided to do some research to see where CRB and Oil are heading. One Financial Astrology Expert say: CRB should rebound into March to test 20 year support/resistance level 250 or more into March 30 cycle date. Oil is likely to move up into next cycle high of March 9, 2009. Hahaha, good news is yesterday Oil rebounded and CRB was up by 5 points but bad news is STI ???? Maybe STI waiting for Dow to break 7500 before launching a "Sharp and Scary" rally lor! Monitor the Regional Indices closely, especially Nikkei and Hang Seng Futures. Nowadays, all seems to be able to predict Dow direction! Or is Dow tracking Asia now!
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Breaking News! Prechter say “Sharp and Scary” Rally Coming?

Good News! Elliott Wave International Inc.’s Robert Prechter was interviewed by Bloomberg yesterday. Key points to note: He said “cover” shorts on Monday February 23, 2009. He advised shorting U.S. stocks three months before the bear market began, said investors should end that bet after the Standard & Poor’s 500 Index tumbled to a 12-year low. He warned of a “sharp and scary” rebound for anyone still wagering on a retreat, according to this month’s “Elliott Wave Theorist.” Although Prechter has now reversed that call, he said the S&P 500 may keep plunging. “Am I saying that the market has reached its final bottom? No!” he wrote. “The wave count is not quite finished, and ideally the S&P should continue down into the 600s.” Prechter’s recommendation follows the advice of JPMorgan Chase & Co.’s U.S. equity strategist Thomas Lee , who today issued a “trading buy” recommendation on the S&P 500. The index fell to 743.33 yesterday. Lee set a “short-term” forecast of 800...
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Another Stock Market Jinx #4

Stock Market Jinx #4 - February! I have a copy of Stock Trader's Almanac 2008 and I dun refer to it! Hey, it is still useful hor, I mean the statistics still serve as a useful guide! Why you did not refer to it, TSK! Knock knock knock! According to Stock Trader's Almanac 2008, “February is the weakest link in the “ Best Six Months ”. Either go short, or stay away the day before Presidents' Day.” Ok ok, from now on, I'll refer to it when preparing the Monthly Stock Market Forecast! So what does it say for March? "March has Ides and St Patrick's day. Begin bullishly then fades away.” Wanna decode this riddle, lookout for my next article – My Exit Strategy before the Stock Market Crash comes! Read Beat Stock Market Jinx for Stock Market Jinx 1 to 3.
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Extended Settlement Contracts (ES) Fair – Free

SGX had scheduled 2 ES Fairs on March 14, 2009 as part of the launch of this new product. I've already registered. Interested, register online or via email. There seems to be problems with the online registration, so I registered via email ( register@sgxacademy.com ). You can either attend the morning or afternoon session, details see SGX Academy
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February 23 Weekly Update - Stock Market Forecast

February 23 Weekly Update - Stock Market Fore cast Fengshui : Markets likely to be volatile. Astrology : Expect a range bound market. Technical Analysis : US indices – Watch for break above 7500 to confirm bear market rally. There is a turn date on February 23. February 25 is new moon. This week also got a number of market moving economic reports in US. Then Mr Ben talking on Tuesday February 24 - when Ben talk, market drops, so they say! The present situation reminds me of what happened in Mar/April 2008. I followed Fengshui forecast and bought some stocks. Suddenly, markets drop due to Bear Stearns (was it?). I held on to stocks cos fengshui forecast said Mar to early May 2008 good. Markets really recovered strongly then. Now, will history repeat? Let's wait and see.
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Financial Astrology Expert was Spot On!

This FA Expert was spot on in his February 2, 2009 Newsletter Forecast. Key points to note: A test of lows in February due to negative astro on general market A W market pattern Buy/accumulate stocks at Dow 7400 Dow not likely to break 7200 Why I ignore the forecast? It is usually 1-2 weeks old when I see it. I was over influenced by the OX lor! Knock knock knock. From now on, I'll give this forecast more weight. He was spot on as he wrote: "IF YOU HAVE NOT ACTED ON THIS ADVICE, REMEMBER THE CLASSIC WALL STREET ADAGE: BULL MAKE MONEY, BEARS MAKE MONEY & PIGS GET SLAUGHTERED.” Never mind, make less only lor! Cannot be too greedy, give some to others lor!
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Bear Market Rally still Alive?

Ting ting ting! Yes, an early “Stock Market Crash Alert”? Yes, we got the Dow Theory Reconfirmation last night, an early warning that a “Stock Market Crash” is coming! When is it likely to start? According to the TA master, maybe in April 2009. According to the Fengshui master, lookout for this next week lor. Read this, extracted from Dow Market Direction : "The Weekly Chart shows the Dow is sitting on 12-year support at 7,450. The index has bounced nicely many times after testing this zone throughout the years. There have been clear tests of this level that have led to breaks of at least 200 points, but each false break led to a big upside reversal from lows. We will continue to watch this 7,450 support level very closely, as the entire market is fixated on it. If the index can hold current lows, we will watch 7,520 for early signs of strength tomorrow. A break through this zone could easily cause another test at 7,675.” What does the weekly chart for STI show? 1600 as support in...
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