Connie..how much more money is needed to support bonds n stocks!!!

Connie...China mkts will be closed tom..national day.anyway u can c from the daily CI chart,it can't go too far up.

2bits...good morning!!!

2bits..extension of 3...a 1617-1603...b 1603-1617...c...1617-1600..d..1600-1612..e...1612-1595...now in wave 4 of 3...hopefully it will last for 2 days...

Connie...good morning dear..klci..a shortlived tr may turn out ephemeral

Good morning....klci...the downleg from 1617-1595 appears to be an extension 3(iii) of Wave D which started to develop from 1691 n the upleg from 1595(yesterday's low)is 3(iv) which is yet to be completed.Sad to say,extension seen within wave 3 is not a good sign in this case.So,upside wud be limited to 1617 b4 the 3(v) develops for a test of new low which I expect 1582 to hold for a temporary tr again but wud give a longer support/consolidation period for wave 4 to perform which I guess wud be seen after Oct 10,2015.Wave 5 of D wud take place after 3rd week of next month..prepare for test at minimum tp at 1563 or lower if it fails to maintain a close abv 1567 afterthat.
good luck...++soft commoditities may pick up a bit due to seasonal factors but let me warn u oil n metals r heading down soon++good luck.

2bits..yes it cud at least rebound 23.6 pct...will fine tuned the v short term chart on EW after dinner.

2bits..m signing off now..dinner time!u have a wonderful evening!

2bits..nothing much to shout out as I didn't c anybody talking about hg..most ppl r now focusing on HK,a call by sifu rchi to buy.

West..tr wud be short lived.. I still maintain my Hg n v recently followed rchi's call to buy HK..hg has nicely moved up abv recent high at 0.325 which I expect it to hold as supp for test abv 0.40 n HK also in early part(within 1st half)of next month.Nothing on AA now..juz waiting for better levels to accumulate.

Connie..my dear..what stocks or warrants r u holding presently?

dunknow..yes..dear dun!!

ss1967..cud recover but shortlived.

rchi..yes bro..got u.

bfg...tks for sharing..news came from my dear daughter..

2bits..thats when u will witness irregularities!!

Connie..from the Chinese media..Saudi govt wud sell their global investments worthed around 730 bil usdlrs!!!

rchi..u r rite..they shud let the stk markets decline as they shud n find their own levels b4 intervening.As on our side,gomen shud find more ways to improve our economy..aiyah..ajib's cash is king,wudnt help much this time.

Connie...u r rite..juz stick to yr trade plan..2bits..as i said b4..m a big long term bear..downtrend cycle is still in process..when is US going to sneeze? Talk to u later.

Duit..tks for sharing..y in a hurry...ok,..m leaving apt now..talk to u later.

IBI...tks for info..where they get so much money from,,,our budget deficit is already bad n still they r borrowing more to support bursa.

Kitty..dji/s&p..it wud continue to be volatile short term n heading lower with lower lows..u can feel it..even news like VW,cud send them down drastically..what about other bad news??u feel the current mkt sentiment??

2bits..no need to say sori...dji has to hit 15500 anytime from now..juz watch out for the next set of economic data.

HK..shud c 0.36 on current upleg b4 next support at 0.30 to hold for 0.39-0.40 over the short-med term....good luck.

Connie/2bits...EU n US mkts r still facing headwinds..Next headache for EU is the refugees from Syria,greek's problem n their economies which r still stagnant even after QE.Cud QE solve their problem.Look at Japan!!!

good morning..klci..1612 shud now be the top end of the next trading range over the short term(within this week) between 1582-1612.Again,any tr seen from 1582(maybe 1586) shud be shortlived till it goes to 1563 which probably hold for a moderate rebound provided it cud maintain a close abv 1567 after hitting 1563 which is expected to be the tp for the major downleg from 1691.
Over the med long term,there is no way for CI to escape the test at 1504 or lower,within the extension of Major Wave C(from 1867) or Wave 5.

Westgun..if it is for v short term,i expect it to hit 0.235..actually u shudnt be looking at calls at the moment.I don't c it going thru 0.285,not over the short term.crucial sup is at 0.20.

Westgun..yes it cud retrace a bit more on the downside..AA/MAS negotiation is still going on..a few of the profitable units of MAS wud be shared with AA but when wud it be confirmed.Suggest to wait for better levels to get in again..will let u know.

Swee..good morning..Till today,ppl here love to celebrate Xmas more as it falls during winter.City decorations starts during Xmas thru CNY.

Connie...good morning..oversea markets wud be volatile over the short term without clear direction n as far as CI is concerned,dont chase rallies to buy.

Good morning...klci...it does appear that the temporary support base, on a close above 1612(last friday),shud be at 1603-06 area.One more closing above 1612 seen wud call for a test at 1625-29 over the v short term b4 it starts the next downleg to complete the major downleg which started from 1691,a Wave D if u want to call it.The tp is at 1567 which I expect to c it achieve in early Oct,2015.
Med-long term outlook:A close abv 1656 from now wud change the bearish outlook.M not that positive u wud c that to happen.The crucial support point is at 1567(clsg) n m expecting it to give way for the next test towards the recent low at 1503 in the second half of next month.

2bits...good morning...yes i didn't support yr projection for major C to go that low.If it had been projected as Wave3 to Wave5(as i always believe it shud be)in the major downtrend cycle,i wud have agreed with u.ok bro,u have a wonderful weekend.Leaving my apartment now.

Vinoth..finance stocks not looking good!!

Vinoth..I wud say it shud be much lower without bomoh waves.Global mkts r still facing headwinds.

2bits...y don't u take a look at the daily chart (5yrs)..Wave C(1867=starting point) may not have completed it downward course n 1691 may be the beginning of the final major downleg within C..tp below 1500.

Connie/2bits..hopefully CI wud close abv 1612 today.

AA..think many of u who r still holding wud wonder to take profit now or hold on to sell on a new high.Yes,i do agree with connie,it cud be its final upleg,a wave 5 in sight but I don't think it has finished its upward course as the downleg from 1.42(my 1st tp) cud be a wave 5(iv)a corrective downwave.1.30-1.32 shud be able to hold for the final upleg for test at 1.50 b4 it starts to develop for a deeper correction.

good morning...klci..the downleg,irregular wave D,has yet to complete its course with a final downleg which I expect it to be seen completed at 1582(clsg)b4 wave E,an upleg,starts to form for a temporary rebound.Wave E is expected to be developed with an irregular pattern also.However,a wave E within any form of structure(normal or irregular)is usually shorter in length n duration than Wave A(1504-1660) or Wave B(1660-1567) n any tr seen from 1582 or 1567 can be taken as wave 2 upleg instead of Wave E within the major downtrend.
Short term outlook:I expect to c CI to trade within 1582-1634 from today till next week n its too early to call for a sell or to hold Hs for med term strategic positions.

2bits..got u.We r all in the same family..please,no bad feelings or being sensitive if we have different views.I hope to c more ppl here to give their views on EW on Bursa in CC house..not otherwise.

2bits..keep it up!!we all make mistakes.. If u look at my past commentaries,I made plenty of mistakes..nobody is perfect.

2bits..saw yr chart analysis..perfect!

Connie/2bits...u can clearly c the irregularities in wave 4 from 1504..look at C n D..E,an upleg,can be expected to begin tom thru early part of next week n it shud be developed also in an irregular manner ie u won't c a new high abv 1691 b4 Wave 5 starts to form in 5 waves sequence with a test below 1500 over the med-long term.Irregularities were developed caused by our gomen's intervention n foul play by ^FF^.Take a look at the global economies n markets n ask yourselves,r there signs of a potential major uptrend over the next 3 months.

2bits..talk to u on Friday..leaving my apartment now..

2bits..we shud be selling when they r bullish n buy when they r bearish...hehe!!

2bits...1656 wud be the top I think from now.

Connie...I will call my fruit seller friend to find out if his gang r out or not.

Connie..dsonic..we sold at 1.19..think those hawkers haven't sold hehe!!nevermind u will make up with AA..another pt expected to be tested 1.48 extension of 1st tp 1.42.

2bits..yes without extension it shud stop here..extension of the downleg ie 1691 to 1567 wud be seen if it fails to go abv 1634 from here.

2bits..sori..CI..as regards to dow,i agree but shud c temporary sup at 16000.

2bits..whats yr count now??