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2014-08-20 10:21 | Report Abuse
Yong888..yes...from the long term chart,what I c,same2 if there is no extension n unlikely there wud be any.M bearish after CNY 2015 n I expect a major downward correction to be seen breaking thru 1600 mark on Major 4th.
2014-08-20 09:54 | Report Abuse
yong88..tq..dont get involved often until m v sure.Laid off yesterday.Nobody seems to worry abt the global tensions nowadays..hehe.Anyway,i expect the dji n our mkt to scale new highs over the med term.As for dji..wud u believe me if I tell u,from my reading on the long term chart,it shud hit close to the 21,000 mark within 6 months.But,with the global tensions n uncertainties,m not too confident on my own chart analysis.
2014-08-20 09:30 | Report Abuse
Good morning....Dji:it is in med long term bullish mode already.No meaningful correction seen so far n m expecting to c 16955 as the temporary top for today.As there r so many short term sup pts within the 3rd impulsive wave,wud juz highlight 2.The immediate sup lvl lies at 16,880.Next is 16830 which I think that's far it wud go if there is any downward correction seen today n tom.More positive US economic data r expected to be announced for this week.
S&P:expect 1991 wud be the top over the near term.Immediate sup pt is at 1977 n strong sup is at 1964.**The aforesaid sup lvls r derived from my own calculation n may differ from what u c from reports**
2014-08-19 15:35 | Report Abuse
Connie...one more thing...dont hold too long for this stk.
2014-08-19 15:32 | Report Abuse
Connie...i remember i told CT,thats abt 1 month ago...IT WONT BREAK 0.845 B4 SEPT!If i havent forgotten...the tp is at 0.92.i will check again later..m at my master's house...mr th ling,one of the international tai chi masters.now retired.he is 18 hours older than me..add ourages together..its 134 years!
2014-08-19 15:13 | Report Abuse
Connie...like i had mrntioned b4..study the line chart 1-6 months..u will find out more secretsfrom them esp if u r more involved in short term trading n modify yr ta juz for that.
2014-08-19 15:05 | Report Abuse
Connie...i learned thru experience from trading our stocks here when i came back from USA.Aiyah..lost money like hell.
2014-08-19 14:57 | Report Abuse
Joyous...i cut loss,unfortunately when i was mahjonging..hehe bad english.it happens when u learn spanish!i think u can still hold on to it,BUT,IF 0.38 offered,u have to run.U can stay with it if u have holding power for tp at 50.
2014-08-19 14:46 | Report Abuse
Hawk...assuming it breaks the new high from now..u shud concentrate on whats the tp for final upleg(5th)...so,look at the v short term chart for that.
2014-08-19 14:35 | Report Abuse
Connie. As the 3 has overextended on one count,rarely u will c an extension 3,unless its driven by some good news.Extension 3 normally occurs when it has or hasnt achieved its minimum target(1 equals to 3 from 2).u dont read it in books,its from my observation.Furthermore,u dont c a flat base prolonged for too long after a downward correction from new high.so,what u r seeing now is wave 4 n the 5 of the same count can be a failure if the 3 in the same count has overextended.If it comes with a new high after consolidating within phase 4,u got to sell.Another thing u must know,if the correction from 3 is seen below 0.618 pct of length of 3...u can forget abt the extension 3 but if u c it rallying again,u gonna start a new count.M sure u dont read it in books,not even Mr Elliott saw it becos he had never traded in 2nd /3rd liners.
2014-08-19 11:39 | Report Abuse
Connie...juz had a glance...its a classic 4th.The 3 has already overextended...meaning,it had gone beyond the wave 3 target which is .027 earlier.
2014-08-19 11:17 | Report Abuse
Connie...m outside..now talking to u thru my smrt phone.wl get in touch with u after my tea break.Will catch up some sleep after lunch.
2014-08-19 10:17 | Report Abuse
Duit...how much u made from dji n s&p?sudah kaya mau lari sekarang D
2014-08-19 09:55 | Report Abuse
MMsv..current upleg is juz the 1st stage n u wll c an impulsive upmove later after consolidating between 0.39-0.42.good luck.
Joyous...re bimbwa,dont c y it shud go below 0.695 as it is now at the final corrective downleg...stay with it.
2014-08-19 09:36 | Report Abuse
Good morning...DJI & S&P500....got my 1st tp achieved n it was a bull's eye on S&P at 1972.Both will scale higher this week..dji 16880/16915,S&P-1978 r my 2nd targets.Crucial supps for dji n s&p,from my own calculation n they may differ from other ta,r 16723 n 1960 respectively.good luck.Will talk to u later..
2014-08-18 11:30 | Report Abuse
Hehe..a true friend is a friend who always stands up for u...m having tea now.
2014-08-18 10:49 | Report Abuse
seph...going to the bank???u r a true friend of conn.hehe
2014-08-18 10:02 | Report Abuse
yong888..tq..m still learning.hope I can find more secrets from them.
2014-08-18 09:50 | Report Abuse
Connie..u have to refer to line chart esp trading with 2nd n 3rd liners.U can detect the crucial closing pts n trendingwise for short term trading with the help of the 1-6 months charts. The problem with these stks,is,u c extension waves quite often n always confuse yr counts,thats what I meant by modifying yr ta.
2014-08-18 09:15 | Report Abuse
invest88..yr bottle of whisky is coming.
2014-08-18 09:06 | Report Abuse
Amprop..it cant run away from my 1st tp at 1.46..good luck again.
2014-08-18 09:02 | Report Abuse
Myeg..one of my favorites b4..As it is holding well abv 2.85,i expect to c a test at my 1st tp 3.20.U may have better tps but based on my count,a test at 3.20 will be seen.
MMsv..extension minor 3 within the final upleg is in progress for a test at 0.455 n completion of this upleg may be seen at 0.495.good luck.
2014-08-18 08:52 | Report Abuse
Good morning to u all..hope u will huat huat kiki.Dji..as expected,it declined on profittaking as it approached res 16780-16800 area.It appears to me an extension wave 3 in daily chart wud be in progress n a close abv 16703 confirms my reading is correct.Supp at 16615 shud hold from now.As it is still in short-med term bullish mode,i expect the uptrend to continue till it hit the 16860-80 area n that wud be a good sign for med long term outlook.
S&P...Daily chart looks more convincing than dji in bullish outlook.immediate sup is at 1941 which shud hold from now for test of new high this week.My 1st tp is 1972.Crucial sup is at 1927.
2014-08-15 19:56 | Report Abuse
Dji n s&p....as both r still in wave3 upleg..i m looking at the following chart points as risky levels to buy for short term...dji..16800 s&p...1972.so,juz be cautiously bullish if u cant hold.good luck.
2014-08-15 15:19 | Report Abuse
Congrats to all amprop investors....wud it close abv 1.32 today?good luck..have to go ,my kakis r complaining now.
2014-08-15 04:36 | Report Abuse
Yong888
..ok,wl do my best..wont be free on friday as i m involved in another bsttlefield-MAHJONG.Have a nice weekend n also to all of u in this thread.
2014-08-14 20:32 | Report Abuse
Dji....any downward correction from here or from higher levels wud be small until it gets into the 16780-16800 area.So,there is nothing to worry now.It looks more like its still in wave 3 upleg.Dont laugh at me...if u turn the chart upside down u can c more clearly.Current wave 3 is valid provided 16560 holds from now.good luck!
2014-08-14 16:25 | Report Abuse
Invest88...for a bottle of whisky..u can try buying mmsv at 0.40.
2014-08-14 14:38 | Report Abuse
Wave 3 in progress...breakout of res 42 will c 45.5/49.5...good luck.
2014-08-14 13:20 | Report Abuse
Duit...whatever u r...like u...good luck n good health.
2014-08-14 12:43 | Report Abuse
K duit..u r a great2 pensapu!Dont expect me to believe u re yr present occupation.U r somebody!
2014-08-14 10:57 | Report Abuse
Yong888..happy napping...m leaving now for the tea house..good luck.p.s.m in mmsv.
2014-08-14 09:59 | Report Abuse
Duit...good morning,u stay so late at nite watching the mkts?what u have been doing?
2014-08-14 09:55 | Report Abuse
Yong888..i always made it easy for my followers to trade n to make money..my 1st statement was juz BUY OR SELL,b4 I finished the whole story.
2014-08-14 09:49 | Report Abuse
Yong888..m not that aggressive anymore..used to make big profit on forex n futures in 1985.Those days,b4 I cud finish my commentaries,the mkts wud start moving according to my advice...easy to make money rite?
2014-08-14 09:46 | Report Abuse
Yong888,answer to yr q re dax or ftse...Nada..they(brokerage firm) don't deal on that...hehe.
2014-08-14 09:40 | Report Abuse
joyous..if u want quick fun trades,u can go for mmsv..good luck.
CHRISSYCONN
2014-08-20 10:31 | Report Abuse
Yong888..tks to u too..talk to u later..tea break time.