Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
Buddies..we probably be seeing the final downleg from 1727 or 1696.1644-48 shud be the support area for a tr n hopefully it wud breach/close above 1664 over the next 2 trading days n if that happens it wud open its doors for test at 1681 n further towards 1696 again.Overseas markets had made quite a good correction n a healthy one as expected n they(DJI & S&P)r now not far away from the crucial support levels.good luck n have a wonderful evening with your families.Hallelujah!
cap tm .. thanks for the SUNDAY update :) cap, my 1st part of the puzzle ie a DIAGONAL (or rising wedge) pattern from 1504 to 1727 has been solved .. according to stats 69% of such pattern will break down and she did !!! so, my next part of the puzzle is how far will the pullback be ??? this depends on what is this DIAGONAL ???? 1) wave 1 of an impulse (in this case fulfilling hawk's prediction of major 5 upleg in the making) OR 2) wave X (in this case fulfilling cap tm's prediction of more correction in the making ie long term 5 waves seq has not completed)
Connie...as far as timing is concerned,global markets shud be higher after US int rate hike as most ppl have internalised that factor.Regards to the wedge,to a certain extent we have to respect that but wedges,shs formation etc r only temporary n less accurate ..let me quote u an example...in Sept,2015,dji n s&p declined after falling out of classic pennant ..so clearly that it wud break new lows but they rose sharply above the pennants without recording new lows as they should be.So, trust not too much on those formations that u have learned from SCT analysis .
cap .. i guess it depends where the pattern is formed ie at which part of the waves landscape !! therefore there is no 100% guarantee that a chart pattern will breakdown / breakup as anticipated ... more so when the pattern is formed at complex corrective waves pattern :( cap what is SCT analysis ?? :)
Tq..2bits...I hate drawing..even skipped my arts paper during SC examination after I was banned from entering art classroom.The wave 3 or C wud prolong for quite a while.Paris incident shudnt have any impact at all...cant compare with 911 incident.
Connie ... wow, splendid performance by Dato Lcw. . In fact his best performance in his entire badminton career . Chen Long outclassed !! A worthy victory n a joy to watch!!
Twobits: I jz can't figure out why Sarawak has very nice kueh chap almost similar with Thailand one? Is it influenced by Thailand or wat? In peninsular hardly can get it.
Oh duit ... good to know your fren is ok :) gosh we really must seize the moment ... present moment may all we ever have :( if not now, then when ? #YOLO
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/