tdy...shud be..Get Vietnamese workers,dogs get rabbies!!

Popcorn..let's c how it closes today.The breaking of 1639 isn't important..what m closely monitoring is the upleg from 1621 now n rest of the week. Bulls r still considered as winners if CI still holds abv 1617 till budget day as they had been accumulating since the 5 trading days b4 end of Sept,2015.I had been telling my buddies here not to chase above 1639 during weekend...I didn't say it will turn around from here but wud not rule out that it is due for consolidation b4 it makes the next attempt to hit new high.Whether the next new high wud be the turning point is left to be seen.0n my wave count,its in the final upleg of 1595 count.

Rchi..got u....r the global markets showing a positive uptrend..I don't think so..still a trading range luckily in october month not in november..quite cool in US now.When they start sneezing later??Dont think they will raise int rates this year.

Duit...sori..i didn't c yr question...in fact I juz posted to 2bits hehe.ok $$,my view unchanged,v much similar with 2bit.i dont c 1700 or even 1670.So long CI stays within 1600-1670 I consider it as normal b4 the budget announcement which we have to weigh if it wud further boost our market.Revenues from oil has to be adjusted again I suppose. What about others etc,we have to c what's the budget about n that u can advise me later.

Duit...I hope our buddies won't get caught at higher levels..I can assure u once I sight a U turn I will shout n later wud take a break from here,juz be a good reader till i c buy signals again.

Duit...sori..i didn't c yr question...in fact I juz posted to 2bits hehe.ok $$,my view unchanged,v much similar with 2bit.i dont c 1700 or even 1670.So long CI stays within 1600-1670 I consider it as normal b4 the budget announcement which we have to weigh if it wud further boost our market.Revenues from oil has to be adjusted again I suppose. What about others etc,we have to c what's the budget about n that u can advise me later.

2bit..take the count from 1621,we have seen iii of 5 (from 1595)completed today n it looks like it cud close rite on my point..1638.22 today.if m rite there shud be a downleg be seen to test 1628-30 area b4 it makes a new high juz below 1654.

yong...good morning...check yr charts on stocks that u had bot..they may look bubbly by now...

Buddies...Ci needs to close above 1638.22 today..lets c.

Ryan..good morning...fully agreed with u..who can they sell too..FF??Zero except fictitious FF.

2bits..good morning..yes..3 finished at 1635.

good morning...klci...if u have read my postings to rchi(1927) n 2bits(1930),we all agreed that CI still has rooms on the upside.Assuming 2 bits is rite,a dip wave c to unfold from 1630 b4 CI starts to move higher,it shud be well supported at 1617.Its important to note that if CI approaches near or into the 1639-41 area on the 1st attempt,put a v tight stoploss or take yr profit 1st as I believe it wud the final short term upleg from 1595 count.
After running thru the past price actions of v recent trading ranges & closing levels I had discovered a few important points..1635(was challenged b4 it dipped to 1621)n 2 untested after it tested 1635.1)
1617(sup) n 2)1639(res).good luck.

2bits..that's what i tot..look at page 1927 my posting to rchi..likely down Monday then up again...alternate count..1635 to 1621..is iv downleg n v wud be the final upleg tp from 1621 to1639-43 from 1595 count.Looking at how overseas mkts performed on Friday, m inclined to believe on my alternate count.let's c..however, we shudnt be chasing to buy on the 1st attempt seen at 1639-43 area.

Rchi..u will c it in November...

West...its better for us to concentrate on short term trading..following rchi's way shud be the best thing to do..haha he can write with both hands..buy calls n puts at the same time n can still make money.hats off or hatssss offfff if I have 2heads.

Buddies...if u look back where the upleg started from1595,it has completed a 3 waves at 1635,n the downleg which starts from 1634 to 1621,a point which I recommended to give it a try to buy to ride for the next upleg,may start to proceed tomorrow for a test at 1639-43 area n that will complete the 5 waves sequence of the count from 1595.A close above 1639 indicates an extension of the upleg will take place n I need to do a recount.I don't expect to c an extension but wud expect c a moderate pullback b4 CI makes another attempt to break above 1639-43 for 1660 maximum.All anticipated moves shud be accomplished b4 the budget day n i expect the trading range for the short med term to be between 1612-1660.good luck.

Westgun...hi...tot u were outstation.please feel free to ask me if u don't understand what i have written on my ta on waves.i seldom roll back the pages to read what ppl or sifus r discussing..so please remind me if I haven't reply yr question (s) once u c me appear in CC.tq in advance.

Connie/2bits..yr comments plse.

Rchi..it cud break below 1621 on Monday b4 it develops the final short term upleg to test 1639-43 area which an area I expect it to hold as strong res n final tp area from the 1595 with a completion of 5 waves sequence b4 we c a moderate pull back or it is on course to develop the final downleg of major D which started from 1691 to end below 1595.So,we have to c from now if 1639-43 area is able to turn into a new support base for 1660 max target.

West..the apanama..what's his view about?which page u saw in CC?TQ.

Duit...m outside.. Its a huge gambling bourse..u always encounter big swings yoyo roller coaster within the same day on local gold n stock futures.I wud be back probably next month.bfn.

Duit..bfn..talk to u Monday..u have a nice weekend.

Duit..that's y m not interested to think about the cup n cake thingy..haha

Duit...big boys r waiting for us to push up bursa.Their support/accumulation b4 end of Sept 2015 had somewhat successfully changed the mkt sentiment from bear to bull.As said b4,I expect them to further manipulate or hold b4 they sell when other mkt players begin to feel more confident to buy at higher levels.that's my 2sen ..definitely not from the fruit seller friend whom I have yet to call her from HK for info linked to Dsonic.

West..good morning..u have a wonderful trip!Ci is still in WaveD..wave 4..it cud end at 1639 b4 the fifth wave begins for a test below 1595 then followed by Wave E upleg.That's y all along I disagreed with some ppl that current upleg wud hit above 1700.bfn.

Duit...got u...so complicated..i don't the cup n cake..haha

Duit...what about I don't want the cup...I pay u 1.50 juz for the cake!

Jamie...the tp is at 28 from the day I mentioned to u n that it wud remain above 21..its still valid..m surprised it is not hitting my tp yet.

2bits...judging from the mkt behavior of yesterday.it looks like it has a better chance to test 16400 1st or downside which looks v limited for today.On long term outlook,its a clear bearish pattern in process.

West...think connie or 2bits wud the better persons to help u.Frankly I didn't even know about EW till I saw some comments on ew analysis by one popular analyst,bert balan,that I followed n learned from him thru Reuters.I didn't even know he wrote a book on EW until someone mentioned his name.Honestly,i hate reading books since childhood unlike my brothers(super freshies)n dad(a top scholar in Koran school) n how I managed to juz passed my SC n AIB degree,i really don't understand.
I don't juz look at EW alone to confirm my tps..that's y I always create confusion to members of EW here.

2bits...m with u..upside seems limited at 16400ish..look at the usdlr index..looking bubbly...not too good for dji..

West..yr patience will pay...try to take more risks on puts later.

bfg...good morning..Being a contrarian in current mkt certainties wud turn out to be the big winner.We need to look at other major markets also,not only looking at bursa which I don't think its worthed to stay abv 1600.

Buddies...as u can c,the downward correction is juz as sharp as expected.I suspect 1639 wud be the final tp for the upleg which started from 1595..Beware of big boys manipulating it up later to pass the baby to u.

good morning...klci...the complete upward course from 1595 may juz end at 1639 from now.I expect to c a correction today with a close lower than yesterday's close.The correction if seen today or over the next 2 trading days shud not be lower than 1617(clsg supp).Its too soon to tell if there wud be a next upleg to develop,be it a wave c or wave 5 upleg in process later.So,for intra day trading I wont advise to chase rallies to buy n buying on pullback any level close to 1621 may yield profits over the v short term.Take note..the crucial supp pt is at 1617.

Connie...no way it will close abv 1639 tom.bfn.

Buddies...my 1st tp(1634) hit today on a break abv 1625...2bits.. u agree?

Duit... Good afternoon.. Had brunch..tq

2bits..those ajib gang shud be buying with part of the 20 bill in finance stocks if they r really bullish on CI!! Y they r not doing that!!

2bits..a bit bullish at current level is still ok but not on the next upleg if any.yes,fully agree with u on 3,waves sequence most commonly seen in wave 4 either minor or major degree.

2bits..u mean from 1595...almost.

Buddies..don't trust her..she plays her guitar n piano well only.think she was pointing at the wrong notes.. Take care.

Connie/2bits...m v positive we will c a classic 5 waves sequence downleg as it starts in early November 2015 esp major stk markets.one joke..my daughter was next to me looking at the long term chart.Asked her..what do u think?Mmmmm,she pointed at one spot...1300...hehe.

2bits..extreme volatility is expected in the near future on major markets as it draws closer to the next fomc meeting this month.Only thing u have to know..don't chase rallies to buy,be a contrarian n don't add shorts when mkt is down.

2bits..good morning..mind to share yr rainbow waves.

Duit..good morning..what do u think of our finance stocks..they r not picking up!!I wish Zeti wud lead the economic committee after she has completed her service with BNM next year.Current committee members r juz wasting their time..we don't need so many ppl there.

good morning...what we saw yesterday on global markets is juz a TR within the long term bearish mode with no exception to our CI.Soft commodity(palm oil) price rise seen with v or rocket shaped has no link with global economic/growth recovery.
Lets take a look at the long term chart(5yrs)..its clearly written on the face that the bearish outlook is still in place.CI is in major Wave 4 or D if u prefer it to be.Within the Major Wave 4 which is still in process with irregularity waves sequence,it has found its top at 1691 n we shud be expecting a major downleg to occur in November,2015.
Within the downleg from 1691,current upleg from 1595 is juz a tr from low 1595,a wave iv(D) which is still in process to finish its 1st stage of correction which is expected to be completed soon n I don't expect it to go thru 1634 this week though it has gone beyond 1617 res.To ascertain that there wud be another upleg CI has to stay above 1612(clsg) for the next challenge into the 1645-55 area.
A close below 1612 shud not be taken as a major sell signal yet as I believe its juz within the course of v(D) to be completed slightly lower than 1595 b4 another upward correction takes place,a wave E upleg in action.
Short term outlook:the upleg from 1595 may end at 1625 which if breached wud be extended to 1634 b4 it pulls back to find its new support base for the next upleg,a final one.Crucial n immediate support lies at 1612 from now.good luck.

Connie/2bits..if current upleg is wave 4 of D,it shudnt go above 1625 on the 1st stage.We have to c if there is any sign of further upticks on the next stage.It shud retrace lower by Friday n it needs to hold above 1612 to sustain for the next upleg.

Connie...sori the delay..m juz back to my apartment after lunch.

Connie..wave E upleg or downleg normally has the same length as Wave A but it may not be this time,it cud be shorter due to the irregular waves sequence developed from 1504.I had occasionally seen Wave E or Wave 5 failing to hit new high or low beyond Wave C even in a normal mkt over the past years.Meanwhile,we have to monitor the waves count of the upleg which started from 1595.Looking at the v short term,the upleg from 1595 is nearing completion n it shud reverse by Friday be it a wave 2 or beginning of wave D(v) which has a minimum tp at 1582.