2bits..hopefully, Fed wud not lay out a fixed interest rates hike plan for 2016...that's what been bothering investors.I don't think they wud decide till they c the next set of economic data in early months of 2016.

2bits...ok..actually u can c a complete 5 waves sequence from 1504 from longterm chart,WaveA which ended at 1727 n its possible that the downleg from 1727,irregular 4 or B is in process n shud hold above 1595 b4 wave 5 OR C ,upleg,develops..Now,what if it gets down below 1589(0.618 of 1504-1727),any tr seen below 1589 shud not be expected to be seen above 1660-70 area.If that happens,Wave5 major downleg from 1727 is in process.Any way u look at it,there shud be TR over the short med term either it wud hit 1660 OR a new high.

Good morning everyone...dji n s&p will be correcting further from previous high within corrective abc mode but wud be solidly supported above 16800/1900 respectively.CI's initial strong support shud be at 1625 below which wud be at 1616 n 1608 based on fibo ratio-1x71(1727-1656),1.18x71 n 1.236x71 respectively.There shud be no lay out of fixed interest rates hike announced during or after Fed fomc coming Dec 15/16.We shud be preparing to buy on dips from now.The minimum tp for klci in coming weeks wud be 1732.

Connie..yes..the problem is the long term chart which is still v bearish over the next 6 months to 1 year.

mslee...I never tot of BAT's bleeding condition cud drag CI down so much..so,its only BAT..be prepared to buy other good fa stocks on pullback.

good morning...2bits..please look at the 2 yrs LINE chart.u may have a different views...tq.
klci...m feeling uneasy after 1656 support was defeated n now its getting close to the next crucial at 1644.It is possible it is now within abc correction phase after hitting high at 1727[Wave A(1504-1727) with a tp at 1620.
Below is my preferred count for the corrective wave from 1727:
Wave a corrective=1727-1658
Wave b corrective=1658-1696
Wave c currently in process..wave i downleg=1696-1644..ii upleg=1644-1689...iii downleg=1689-present possible targeting minimum objective at 1620 which wud complete major Wave B b4 Wave C(upleg) begins to develop,the tp of which wud be known depending on where Wave B ends,hopefully at 1620.

mslee.ooops..mkt up it may not rise much that's the problem..buying warrants too close to maturity dates,not my cup of tea.

mslee...so u r the only one in this thread laugh the loudest!!!congrats!!

mslee..hopefully hawk is rite..about the last train ticket...based on the long term chart..it shud or wont break below 1622(closing)even if it breaks below 1644...2 mjr stocks r bleeding followed by energy stocks...

region...rite...timing is important..once ppl r scared to buy then we shud come in b4 x'mas...

yong8888...wish u all the best!I may not be spending my purple notes for the timebeing...my investments r now bleeding..sob sob!!Anyway,u take care!

mslee..fear not about CI..its juz one bloody stock pushing it lower"BAT" since beginning of dec,2015.

jake...BAT has been bleeding all these while giving pressure to CI!

jake...playing puts n calls must come with good timing,otherwise u r paying premiums for nothing esp during certain months of the year...

mslee...13 n 14.5...hold to c them happen.

Connie...BAT...must come with a rebound to push up CI...black sheep of the family!!!!

ysp..beginning of wave 3 unfolding...good luck!!!

tsy88....gsb yesterday closed above crucial res line within wave 3 now.

Connie...good morning..yes..up up up..if u look a the price actions within December,2012,u will c similar pattern with this month n hopefully it wont repeat march,2013 weak performance.

Yong8888...congrats to yr new business ventures.Wish u all the best!!!!

ms...1656...said abv already.

good morning...klci.. Further gradual declining in oil prices and US interest rates hike r not 'new' risks to the stock markets n current stock market indices r at the lower end n above previous new lows.So,u shud expect to c a strong technical rebound or even c a new major upleg beginning from 2nd half of next week.
CI,as expected from my alternate count,to form an X pattern shud end at 1656 n by tom we shud c it trading above 1667 as I noticed weakening downward momentum on global markets yesterday.I hope I wud be able to give u my new upside tps by next week before I take a short break till X'mas.good luck.

mslee..exit point is 0.70...kim lun shud be a better choice...anyway up to u...

mslee..don't worry...wait for the timing..it is still solidly above crucial supports....from now..look at cab,scable n ysp...

mslee..its halfway towards completing wave 3...u shud have exited at 0.18 after it failed to break above 0.215.

mslee..wave 4 can be of 3 waves up...

mslee...if wave 4,an upleg, unfolds after wave 3 is completed.. it cud end at 0.215 n then down again below 0.11...maximum upside for wave 4 is 0.38 on special news driven...

mslee..wave 4 shud be an unleg..

mslee...seacera...its in the final upleg of iv(C)major corrective upleg,v of ivC with the crucial support at 0.605..if 0.86 breaks it shud continue to trade upwards towards 0.99 b4 vC unfolds towards 0.55 or lower..
Alternate count..if it closes above 0.99 then from now,then the low of 0.55 which was tested,is the tail point of the major correction from 1.42 which wud be retested or breached over the long term.
Ijacob...Major wave 1]..0.745-0.38 W2]0.38-0.515...W i3]0.515-0.21.. ii3]0.21-0.435..iii3]0.435-0.11...iv3]0.11-0.215..v3]0.215- present
downleg shud be the final leg of possibly with a new low if 0.11 gives way...I hope 0.11 wud hold for tr to develop for wave 4 upleg..The whole outlook is showing ijacob is finished n even if wave 4 unfolds from 0.11 over the long term ie it has to hit below 0.11 sooner or later.It is not the same if u compare with Seacera.

Mslee...after lunch ...tq

zzzzzz..talk to u later.

jake..ok..they r so many to pick for gains..good luck.

jake..yes..China imports on oil increased but exports declined.As for oil,i don't c much upticks from now till end of the year.

jake...yspsah..chart pattern showing improving upward momentum..when wud it explode???

JAKE..if the mkts drop further juz becos of weakening oil alone..u don't have to worry much as over a short time it wud be a discounted factor.We juz have to monitor global economic data in future...

seaninis...that's HSI!

jake...actually it has another 350 pips to drop from now.all eyes on oil price performance.

Jake..We have seen the bad economic data from China,hopefully the worst is over.

jake..m seeing previous low with support violated..so,juz wait for the next dip.maybe a bit too soon to bottom fish.

surewinz....kheesan...as expected 0.89 wud temporarily cap its rise over the short term...0.83 shud be the support now.If u c 0.87 bid from now,it wud not miss my 1st tp at 0.925.

jake...good morning..still shaky at this time but shud be close to the end of correction...

tsy88....good morning...tks for sharing on tnb!!!!

good morning...klci...U have the best opportunity now to buy on dips n also in oversea markets which r showing some healthy corrections above previous lows,actually they r relatively flat...As for bursa,it will be strongly supported at 1658-61 area from today.The downleg from 1684 shud be seen completed soon or it has already done so at 1663.Be prepared for more coaster rollers seen in oversea markets in coming days b4 fomc.As for CI,i look forward for it to break/close above 1677 for next challenge into 1696 or 1701.good luck.

Keep yr myeg calls n ysp!!

Buddies..m not back home yet...talk to u later..

Dji wont drop much juz on declining oil prices ..in fact,m looking for a much TR once oil prices rebound from lows.18650 is what m expecting to c over the short-med term(21days)

Good morning ...klci.....oil price (wti)hit a new low causing some uneasiness on energy stocks for "investors to hold,but then we r talking about juz only a few more dlrs to drop from current level.The impact wud be greater if u r talking about another drop in oil price of about another 20dlrs from now.When it was at 60dlrs pb, we were predicting it to hit 34-35dlrs on some months ago.I think it's now at the tail end of the major downleg from 108.00...nothing new.
Ci closed well above 1670(fibo retracement point of yesterday's trading range).So,now we have to c it wud proceed to close above 1677,maybe not today.1667 shud hold as strong support level today.My views of yesterday unchanged.Good luck!

US market wud be leading market from now....dji..will test 18650 after X'mas..our gomen signing of TPP is positive for us...as such we cant ignore US market..u don't marry someone n live in different homes.

Connie...good morning..i will be taking a short break probably starting dec 16,2015 as I wud be moving around.

Buddies...be prepared to pick yr good fa stocks to hold till or after X'mas..Remember,GLCs were instructed by our gomen to invest locally with their repatriated funds..buy 1st b4 they do..