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/
Posted by Pristine68 > May 5, 2016 08:49 AM | Report Abuse
After more in depth analysis.......
#1 Next week (9/May - 13/May) will be critical, if you see a major slide down of HSI or S&P500 then it confirms my observation. ................ The correction will be fast and furious, bottom of HSI would be ~18480.
#2 KLCI is the first to get hit first, then US market and HSI will follow.
I have long shared similar views like yours, from end2015 of the "coming 2007-2008 style" to a milder one for klci and HSI (my figure quite close 18280--reading the same charts???).
But overtime, (esp since the US Presidential Campaign started) I noticed the 90-100% chance of 2008 CRASH (July to Jan2009) has been watered down if not postponed/deferred.....and the probability of a wholesale full-blown crash (still there) but down from 90-100 to 50-60% (my personal view).
Have you considered :
1. US Election (voting Nov2016,swearing in Jan2017), Yellen/govt elites will do everything in its powers to avert/intervene any looming (crash) disasters, especially in capping the UDX ( & so the USD/MYR) .... the policy repetitions of "business as usual" n "kick can down the road" from 2016 to at least Jan2017.....
2. The stubborn determination of OIL recoveries going on currently..( n so its saving effects on Msian Budget deficits, National income, n so the MYR and KLCI.....
3......
4.......
I expect a strong recovery starting next Monday......on HSI for many days, so is buying next 2-3 days around 0.25, to hold for a week after .
Bilis2, yes I have considered the USA president election. If correction did happen, it is no surprise as election needs money. It is typical for USA market to have 2 times corrections during the election years, other market may be one or none. I hope that my observation is wrong then HSI can have a strong run up next week, anyway, just take some precaution if my observation is true. The crude oil will be around US$40 - 50 in this Q2, this is the big boys wanted it to be. I didn't see an imminent crash yet, just a correction. HSI and KLCI will only have a strong recovery after the correction.
"Collapse In 28 May 2016" Series by Economy News TV
Even specific DATE is stated CLEARLY
I have kept convincing myself that End world Crash is coming by reading reading a video a day from youtube, or maxkaiser, or zerohedge or the oracle or the gold experts ......
hiaptek .. monitor the previous high at 525 ! failing to take out this level, we will see lower high ... further there are 5 waves seen on 5m chart so if want to play very short-term, do monitor closely first !
tan sri .. did not fren him again :(:( i know there is one telegram group all over him !!! he is such a hottie now ... everyone wants a piece of him yes ???
twobits, sorry.. this time I play small small and only 1k, after seeing HSI keep on dropping for so many days and the past 5 years may index mean, I decided to try some.. mayb this time need ur professional advice to see when should I unload..
3A ,my kakis holding long term, happen to watch chart sometimes,
I am expecting a good development, IF IT PULL BACK to 1.00 or below by June02 (coincide with DOHA talk + BREXIT), then i may also join to ride a 2 mths rally.....
Haha, this is my all time favourite, much better than EW, n i think EW dont have this, if so you acquire this latukkong tool which very gainful and can turn you into a RSV Queen (Rich,Sexy n Voluptious)....
CI might have found the bottom at 1636 on 3-5-2016. Need to crack above 1670 to be in the safe zone. current run from 1530 to 1729 can be labeled a ABC done..
however, I am a bit optimistic that market might test 1765 to end the run from 1530. currently, i am taking it as a of C (1600-1729), b of C from 1729 to 1636, c of C probably will test 1765 minimal if it able to crack above 1729.
All my above waves are cancelled if CI dip below 1600.
Today buy hsi-c, chances for a technical rebound is higher today. Take precaution, when hsi breaks below 20330, sell c and buy h. Close your position end of the day.
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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/