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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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February 1 Weekly Update - Stock Market Forecast

February 1 Weekly Update - Stock Market Forecast Fengshui : Market unlikely to see strength February 1 and 2. Financial Astrology : With Saturn Pluto square on Jan 31, will markets reverse short term trend or collapse in a serious free fall? Technical Analysis : US markets: Phase 3 down started with Wave 1 down. Minor Wave 1 down looks likely completed with 5 waves down. Next is minor Wave 2 up then minor Wave 3 down.
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December Low Indicator Warning!

According to Stock Trader's Almanac: “Pay more attention to the December Low Indicator. If that low is violated during the first quarter of the New Year, watch out!” When the Dow closes below its December closing low in the first quarter, it is frequently an excellent warning sign. Dow closed below its December 2009 closing low of 10285.97 (Dec 8 09), triggering the dreaded December Low Indicator. Since 1950 when the December Low Indicator has triggered, the Dow has fallen an additional 10.9% on average. This was precisely the case the past two years with the Dow losing an additional 42.1% in 2008 and 17.6% in 2009 before surpassing the previous high. Excluding 2008’s drop, the largest of them, reduces the average subsequent drop to about 10% -- that would put the Dow at about 9155. The most prudent course of action is to refrain from major new purchases, tighten stops, take any sizable short term profits and assess the conditions at week’s end.
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Next Bear Market Phase Starting: Prechter

( Extracts from Reuters Report January 25 2010) Prechter said: "We probably have begun the next phase of the bear market.” The next leg of a bear market in stocks has probably started and gold and corporate bonds are likely to slide as the U.S. economy suffers long-term weakness. The U.S. S&P 500 index has fallen about 5 percent since hitting a 15-month peak on January 19 as some investors started to worry about the possibility of a double-dip recession. Although many stock analysts expect a short term pullback of about 10 or 15 percent in U.S. stocks, Prechter, known for his bearish views, expects a steeper, longer term fall. For investors in equities, this is "the last chance to get out with the Dow in quintuple digits”, Prechter added. Now, along with stocks, corporate bonds are set to fall to lower levels than in the market panic of 2008, he said. NO GLITTER FOR GOLD? If deflation -- an environment in which prices of everything from houses, to cars, to wages ...
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January 25 Weekly Update - Stock Market Forecast

January 25 Weekly Update - Stock Market Forecast Fengshui : Market likely to be volatile with strength Jan 25-27 then slow down rest of week. Financial Astrology : Market likely to be bearish with Saturn Pluto square ahead on Jan 31. Technical Analysis: US markets: Phase 3 down started with Wave 1 down. When subwave 3 down is complete, look for subwave 4 up then subwave 5 down. Alternate view: if decline is in 5 waves, likely bear market started. If decline is in 3 waves, likely Wave B up might be bigger.
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Scary Voyage to C Bottom into 2014?

Wow! Have you read Bob Prechter's January Elliott Wave Theorist ? A scary forecast of what the rest of Supercycle Wave C might look like in the coming months and years! Coming months? Yes, he had called the top in Dow on January 14, 2010, ie Phase 3 down had started, but there is “or” in the statement. How Scary is the Forecast? Read January issue of Elliott Wave Theorist lor! Hahaha, I managed to get a peek into the Dow Chart Forecast posted by 2 bloggers (haha, second blogger followed with the post when he read the first blogger posting the chart!). So how Scary is it? Wave 3 down target 1000 in 2011? Wave 4 sideways above 1000 Wave 5 down below 500 in 2014? (Form is paramount, Price is approximate, time is least reliable) Have you read 17-Year Stock Market Cycle (US) ? What does your forecast look like?
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17-Year Stock Market Cycle (US)

Remember the Kondratieff Cycle or K-Wave article I wrote in 2008? Oops! I forgot what I wrote! Now I have a better understanding and here's the update: Kondratieff Cycle is a 70-year cycle, comprising 4 seasons of average 17 years each. The US Stock Market is now in the 4 th Winter Season (2000-2020). Look at the K-Wave Dow Chart : do you notice the periods match closely with Mr Buffett's observation and forecast for 2000-2017? W.D. Gann said : “History repeats itself. The future is but a repetition of the past. Get past history, find out what cycle, then predict the curve for the future.” So now you have the Big Picture! Can you predict the curve for 2000-2017? Lookout for Part 3 if you want to see the answer!
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January 18 Weekly Update - Stock Market Forecast

January 18 Weekly Update - Stock Market Forecast Fengshui : Market likely to slow down. Jan 20-22 likely volatile. Financial Astrology : Will markets continue to decline? Technical Analysis: US markets: Rally likely topped out and Wave C down might have started. What my Stock Market Time Clocks say? Jan 21 = 0.618 of time travelled from October 2007 top to March 9 2009. US market indices already hit 0.618 retracement. Has Time for rally run out? Elliott Wave Count Update: There are 2 camps: Wave B up already top out, next is Wave C down. Already hit 0.618 time on Jan 14 2010, price as well. Wave 4 down then wave 5 up before Wave B ends. Which Wave count is correct? Be careful not to be caught in the Bull Trap!
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