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/
Good morning.....I don't think I need to explain y major overseas markets made a reversed gear during the 2nd half of the trdg sessions after ECB meeting..however,dji n s&p were juz further undergoing corrections from the peaks seen recently..Charts clearly depicting a corrective wave 4 in process n shud be bottoming out soon b4 hitting new highs over the short-med term.OPEC meeting results today wud show nothing new.Dji/s&p shud remain above 17000/2000 for the rest of this month... Klci...wave iv1 from 1656 is still in process, unfortunately,it has to consolidate further slightly lower from here n shud find v strong sup at 1656-60 area even if 1663 sup gives way.Immediate sup is at 1667 n by the end of the day I expect to c a close above 1667.Stay positive n I believe by next week wave 1 wud continue its course on the upside. GOOD LUCK!!
global markets took a small hit due to ECB disappointing move. But lack of stimulus drove Euro higher, which now makes it way clearer that Fed will increase interest rates. Then, we shall see a rally towards xmas after fed meeting
Russell...there is a good reason for them not to add stimulus measures..ie they c no problem with their economic growth.my 2 sen..not from reading news.
if opec result no good ....no cut production or some like iran n Saudi plan to increase output.......summary if increase output...this one is deadly...
oil n etc will mass pull back on Monday n Tuesday then ....strong Rebound on oil will happen...so now....play on oil counter when mass pull back is more secure...
like last time history pattern like this..
but for stock counter I feel next will will pause...index same..waiting hike rate...but oil might drag it down slowly..
now market is stable ....but will it fly...no will it down? no...
counter up n down? right
like all mm is playing with u...eating u all...
that the danger of market when no direction index up or down...only counter up or down will make thing hard to play... but one tiny drop of bad news or good news....might deadly...that y this kind of market and this timing the dangerous game....
bostyle : DT no change,except some (days) DELAY in breakout (of 1.05) into a new high......price maintained above 1.00 at days close...woth intra/inter days drop of 3 cents below 1.00. Monitor volume.
mkt very weak,be very cautious,if unable to withstand volatility pls cut loss. Hu liyang warned of exodus of ff frm most mkts once USA rate rise cycle starts.
rchi...agree with u on exodus of FF frm most market once US rate rise...but where d hot money goes??.Most likely into market tats hv bottomed out...like KLCI :):):).Strong US dollars weaker ringgit means more buying frm FF lor....my 2c opinion:):):)
skyhawk...they dun hv to put the money to work immediately...hahaha....anyway Mr Hu is someone i hv great respect so share here wth buddies...good luck to you :)
Buddies...wud history repeat.....on 30/11/2015,CI was pushed up with some suspicious buying during the last 15 mins from 1667 towards 1672 b4 the closing....
rchi welcome to my side line boat....ivy also....all welcome to region side line speed boat...to relax n enjoy the porno show JAV nursing and DOTA, counter strike, Crysis hahaha we can swim swim n nap nap
ikan bilis welcome to my side line boat lolx....hahah ...actually when lately notice too many bull trap I feel something wrg...now who at market pls smart smart look jalan
opec if increase output....u prepare klci loasai....question is valuecap how powerful to tank the market only
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/