2bits...tq for info..I can understand.juz trade what u believe in yr chart analysis..isn't it at the upper end of short term range.

region..dji wont go abv 17400 which is one crucial res pt within the ugly big head formation.it has to correct downwards soon n we have to c how the next upleg develops to clear the ugly head formation.

region...good morning...u might want to look at hu on dips..

2bits...let me tell u something..if u can handle bursa with EW,u can handle any market anywhere in the world.

2bits...don't be upset on yr hk..juz a few pips down..u can..u will make it all back(buy or sell) in juz one deal.i can c u are one outstanding ew analyst I know of...keep it up..juz follow yr chart analysis religiously n do what u think or c is rite.

2bits...which link?anyway,the most bullish scenario I cud c is,the major C(corrective up from 1595) is still in process n probably now its within the the final upleg of v3(C) n wave 4(C),a downleg,to end close to 1669 next.

tsy88...its correction cud be as low as 1669 b4 it starts to develop a another upleg to...??

tsy88..good morning...trade cautiously with tight SL..good luck.

good morning..klci..m not excited on current upwaves seen in global markets including bursa as they r juz trading at the upper areas of the correction mode within the major bear trend.As for bursa,we might c a test juz slightly higher than 1721 n it shud end at the lower end of the range again.Trade cautiously if u c further rallies today.On one of my counts of current upleg,it cud stop at 1728-33 area in early part of next week.Immediate sup is at 1706(clsg).good luck.
short-med term outlook:what we r seeing now is an extension of the final short term upleg n m expecting to c at least a moderate downward correction to take place juz b4 the budget day.

Talk to u tom..dinner time!!

West..this reminds me..I was a contraian when CI made the final dip below 1700 b4 moving back up above 1800..this time is the other way round..

2bits..I know u have sold yours.. good thing u have done.Can't always win.

West.. M still waiting to add puts..shud pay..juz be patient.. U can join in when confirmed As for me,will buy if CI makes a new high.

2bits..yr shooting star..coming by tom.

2bits...as said b4,the red shirts star wud be seen after a new high.

2bits..he comes from Mars...red shirt star may be seen tom..will start adding more puts if it rallies from current level.

edlisah..on slight pullback..ok?

edlisah...I tot I recommended to buy hsi-hq 2 days ago to IBI bro..as for our puts..its still ok to buy hk.

Swee...good morning..its ok to buy hk..or hsi puts...I c further decline of major markets...

West..good morning..the important point for bursa to hold its fort is at 1639-41 area which if breached,wud c 1595 support violated.U can c some our neighbours r considering more stimulus to aid their economies.If they do so only when signs of their economies r picking up then only u shud take it as a v positive sign for stock markets.

Connie/2bits..i read our local newspapers last week,some analysts r extremely bullish on bursa...did someone(moron) gave an eg like public bank cud go to 100.00 something like that!!!

good morning...klci..a 5 waves sequence of the upleg from 1595 is seen completed at 1719 n any extension,a higher high,seen from lower levels will not be sustained.As it approaches towards 1691-93 area,there shud be a temporary tr n then followed by another attack below 1691 towards 1679-82 area which is supposed to hold as a strong support area for a new upleg to develop for a moderate tr or a test of new high abv 1719.

med long term outlook:bearish signals(my wave count) still exist n CI shud only be able to survive above 1679 over the next 5-7 trading days as bullish sentiment on bursa still exist although our neighbouring countries r sneezing but many of u may feel our country wont be affected...m I wrong?

IBI...HSI-H looking good to buy on slight pullback.

2bits..i cant find any fundamental reason for a big recovery on global markets..Russia presence in mid east wud be a big problem later if they cant get US n others to lift their sanctions.

2bits...good morning...yr shooting star or red shirt gang shud appear after a new high ie above 1719..guarantee..

Swee...hood...hehe..

Swee..good morning..yes..cool n sunny at this time n its fun to drive around the island with an opened hoot car!!!

good morning...klci...it closed with a higher close(1709) compared with previous closings of last week but based on the price actions seen yesterday I expect to CI topping out v soon with a few more wild swings between 1700-25 area over the next 2 trading days.Watch out for short term sell signals with any one closing below 1706 n that wud confirm the short term correction on the downside is processing.One more test of a new high ie above 1719 cannot be ruled out over the v short term.
Immediate support is at 1700 which if breached wud c 1694 to act as a v temporary support.

connie/2bits...must go out now..talk to u later in the evening or tom..

2bits tks for sharing..yes can be accepted..same if 1595 sup is violated then Major C,downleg is in process.

2bits...wave ii of 3 is at 1595...so,as long as it doesn't break its still iv3..if it breaks 1595..then 3 is over n major 5 downleg is in process.

Connnie...on hawk's count ABC..C ends at 1504 n now wave 5 upleg..I don't think its the beginning of wave 5 of large degree that ends above 1896..not that I tot off when it started to drop from 1896.n I don't think dji,s&p wud hit new high from here so soon not b4 seeing new lows.

Connie..i can accept that(hawk's count)if u r talking about ABC..but m talking about a major 4 downtrend over the next 1-2 yrs in 1,2,3,4,5.Now its in 4 n next wud be wave 5(or u want it as E) of 4 large degree.

2bits I think I missed something...wave 5 of major 4 may start from 1796...

2bits...yes perfect..thats what I said b4 after multiple extension from low of year 2009..Major 3 has completed at 1896..now in major 4 which cud extend to 1796 maximum n so long as it doesn't break 1867 is still a 4 n Wave 5 shud be the major downleg next.

AA members..CONGRATS!! 1.48 coming!!!

connie/2bits...think I made a mistake re long term count..
Wave A= 1504-1660
Wave B= 1660-1567
Wave C in process:wave 1..1567-1691...wave 2..1691-1595 wave 3.1595-??1719 maybe not....wave iii of 3 may have seen today 1719,now looking at iv of 3 downleg to develop with crucial support at 1657.

2bits..one green shooting star n the other red..so green shirts fighting with red shirts..

mkt trading range becoming wider with a lower close maybe..tom may turn out the same...some ppl r pushing stocks up to sell...
Connie...whts yr short term techs telling u?

talk to u later...

Connie..how r they going to pay dividends....hopefully not coughed out by CC members.

tsy...tks for yr smses on our bursa.What I read,most of them are v bullish..y now??Our gomen only wants to c a stable market in line with global mkt trend.

AA..1.48 cud be the final tp within current upleg...good luck

AA..shud c 1.48 within current upleg.good luck.

Connie/2bits...u might hear some 'FF' buying later but beware,their local partners cud be loading off 3 times or more than what they r buying..

I don't want to scare u...my FF,not Foreign Fund,fruit-seller friend was told to save up money now to buy stocks only in 2016.She expects finance sectors to take a big beating later.

Buddies..even market sentiment has changed to bullish tone,we still have to be v cautiously bullish as a correction on the downside cud happen over the v near term.U wud be confused whether u shud take losses or not when it really starts to correct on the downside,be it even it has the prospect of trending up later.We have to stay with short term strategic play.Global markets have improved but there is no sign of a major turnaround...this is juz a temporary rebound.November comes,u will start to wonder if the bull trend is real.

good morning...klci...the temporary support base is expected to develop from 1692 for a test maximum high at 1745 from now.However,it needs a close above 1717 to confirm my expected tp over the short-med term.It wud be prudent to clear yr long positions as it enters into the 1725-1745 area as I c that's the farthest it cud go n not beyond 1745.On the other hand,if it closes below 1692 from now,the near term top is already confirmed at 1717 n it shud open for challenge at 1640-60 area.
My preferred count on the long term outlook:Ci is in major 4 upleg,a corrective wave within the major BEAR trend.I take the upleg from 1595 as wave 3(C) of major 4.Within wave 3 which is still in process,CI is now in iii of 3(C)starting from 1595..Wave A finished at 1691(1504-1691),B completed at 1567(1691-1567).Wave iv of 3(C) a downleg,shud start to develop soon,probably after budget day.. maybe b4 budget day.
The whole course of ABC within the Major 4 of large degree shud not be beyond 1796.

2bits...tks for sharing..tea time...

rchi...once our nation is confirmed as world champion in corruption then only we sell..