Posted by PlsGiveBonus > 2015-12-14 19:01 | Report Abuse

From: CH Lee <chartist2618@gmail.com> Date: 12/12/2015 01:32PM Subject: Shades of 1997 AFC looming (Sorry typo mistake earlier) Hi all, With DJIA's 309-point last night, focus will be on Asia falling yet again on Monday. What I noticed with the KLCI on Friday was this:- The 50 and 200 daily SMA already had a dead cross since a long time ago. But now the 50 and 200 weekly SMA had just issued a dead cross on Friday at 1,733 (well above the close of 1,640). This means that the rise from 801 (2008) to 1,896 (2014) is a EW Flat rise completed with massive bearish divergence. Also, the thrust down from 1,867 to 1,503 is 1.62-times the 1,896 fall to 1,671. The rebound to 1,867 was 62% of the 1,867 to 1,503 move. I am looking at downside targets of 1,503, 1,448, 1,334 and even as low as 1,185 for 2016. Lighten up on stocks and short futures on rallies. Stay afloat. Have a happy weekend and don't get too depressed over my bearish view. Cheng Hooi.

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4 comment(s). Last comment by alphajack 2015-12-15 08:32

KAQ4468

21,497 posts

Posted by KAQ4468 > 2015-12-14 19:08 | Report Abuse

Short short short !!!

Kasi hantam kaw kaw

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-14 19:12 | Report Abuse

HK is still the most highly traded counter so far

KAQ4468

21,497 posts

Posted by KAQ4468 > 2015-12-14 19:52 | Report Abuse

H5 are back !!!

Volume traded today showing the game just started

Baru masuk gear 1 hihihihi

Lai lai lai ....kasi hantam kasi kaya !!!

alphajack

3,685 posts

Posted by alphajack > 2015-12-15 08:32 | Report Abuse

H5 more potential to goring once hit 1600

and expire only end of March 2016

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