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 Stock Market V37: Return of the Bull, Part V, Bull vs. Bear

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tessei
post Aug 10 2009, 03:35 PM

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UCHITEC going low... touch 1.25/1.26 just a few sec...

PANA..interested??..

This post has been edited by tessei: Aug 10 2009, 03:36 PM
tessei
post Aug 11 2009, 12:10 AM

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QUOTE(cherroy @ Aug 10 2009, 11:53 PM)
A lot of time, market crash around this time Sep or Oct.

Last year the big bear in multi-decade started and take control around September as well, which nosediving event start due to Lehman.
911.
1929 crash
1987 crash

The previous recession of 2002 also hit the low point during September

Don't know it is coincidence or not. 

Don't mean to say Sep is a dangerous month, just it is the history of the market.

Edited, after I posted, I also found this is an interesting fact/history as well.
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and also...if the TALLEST Building In The World Completed, that year also market crash...

this year to complete BURJ DUBAI in 9th SEPT 09!!!

last time KLCC - 1997

more at

Tallest Buildings As Leading Indicator
http://johnlawcapitalist.blogspot.com/2008...-indicator.html



Just to share (but not a believer - but how about the HERD?? )

this also interesting
August 14th for stock market crash say astrologers
http://arabianmoney.net/2009/08/06/august-...ay-astrologers/

&
Dow to pass 10,000, S&P 1,050 and then crash?
http://arabianmoney.net/2009/08/04/dow-to-...and-then-crash/

This post has been edited by tessei: Aug 11 2009, 12:12 AM
tessei
post Aug 12 2009, 12:31 AM

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since this month/sept could be the major turning point or what... i just give some posting which i found quite interesting to read


QUOTE
As you can see, the NASDAQ recently hit an RSI of 75. This is the highest reading we've seen in nearly two years. In fact, the last time the NASDAQ had an RSI of 75 was October 10, 2007, right before stocks entered their first major leg down in the Financial Crisis, losing 55% in six months. As soon as I noticed this, I called up Ron Coby, a brilliant portfolio manager based in Medford, Oregon. Ron's one of the smartest guys I know and when it comes to trading short-term moves, he's one of the best in the business. What he had to say completely blew me away. Ron said, "Graham, you won't believe this, but I went back on the NASDAQ and made a note of every time it hit an RSI of 75. EVERY TIME, the market collapsed soon after. And I don't mean a "plain vanilla" correction, I mean a full blown CRASH." Ron then forwarded me the following chart. Suffice to say, I was floored. As you can see, the NASDAQ has hit an RSI of 75 or higher five times in the last 12 years. Every time, the market collapsed soon after with an average drop of -22%. In several cases, stocks suffered a full-blown CRASH. This is a very serious warning for the Bulls. A high RSI doesn't mean that stocks have to CRASH immediately. But it does indicate that the NASDAQ is more than ready for a serious correction. Again, an RSI of 75 or higher has only been hit FIVE times in the last 12 years. Two of those times were at massive historic bubble peaks. The others were all periods in which stocks were simply far too overbought. And ALL FIVE OF THEM PRECEDED SERIOUS CORRECTIONS.
full article at http://www.kitco.com/ind/Summers/aug112009.html
tessei
post Aug 13 2009, 09:38 AM

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BSTEAD looks yummy brows.gif

wait for RI listing day on tuesday

This post has been edited by tessei: Aug 13 2009, 09:39 AM
tessei
post Aug 14 2009, 10:00 PM

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alert!... DOW HEADING SOUTH 6PM!! dropping very fastt...


tessei
post Aug 14 2009, 11:34 PM

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another BIG move on EURUSD... going to test 1.4200 (nearly 100 pips of high 1.4306 today)

tessei
post Aug 17 2009, 10:52 PM

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hmmm...

metal stocks in china today - Limit Down
Dalian CPO - Limit Down for a while but close off low..

every ppl in china crazy stocking metal(copper) at backyard/home
money borrowed should put/expand to business but diverted to equities like crazy.

could be another 'Tulip Mania'

In a long term, the trend is alway UPTREND... should not worry but if every day monitoring/speculating stock, that is very short term.

but most of us tend to short/medium term....


USA - jobless still climbing (if total all from beginning - no data if they getting job), ppl r turning from spender -> saver (lot of cut back) = not spending enuf..
banking sector - hit hard but can make billion and lost billion, if lost get help from gov..


maybe selling mask is a good short term business... smile.gif

tessei
post Aug 17 2009, 10:54 PM

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QUOTE(jasontoh @ Aug 17 2009, 10:52 PM)
Without debt and spending, what is going to spur the economy?
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HOPE & GREED!! icon_rolleyes.gif
tessei
post Aug 18 2009, 12:43 PM

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QUOTE(lklatmy @ Aug 18 2009, 11:42 AM)
Thanks for your link on Riverstone.No one contributing their findings?one glance their financial position seems much better than many of our Glove companies,operation wise comparatively smaller ,put into my watch list.

When you aim zhun zhun liao ,pls PM me drool.gif  drool.gif
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buy THE EDGE this week edition...got review on riverstone which is listed in SGX... they do glove but clean room type, not surgical OEM type such as top glove, kossan etc. they hinting on shifting/add production on surgical glove... clearly NOT benefiting from H!N1 order... generally the stock trend still downtrend not like our glove counter trending up.


Added on August 18, 2009, 12:48 pm
QUOTE(panasonic88 @ Aug 18 2009, 12:14 PM)
you have answered your own question.

key words : fundamentals sound stock vs silly stock  nod.gif

know how to differentiate them.
*
in today's scenario becareful of 'Too Big To Fail' syndrom...anything is possible..


This post has been edited by tessei: Aug 18 2009, 12:48 PM
tessei
post Aug 18 2009, 10:04 PM

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QUOTE(David_Brent @ Aug 18 2009, 09:51 PM)
I remember when it closed at 1.07 drool.gif


Added on August 18, 2009, 9:53 pm
Interesting point...
What would be your prediction on the WTI/Brent price on 31/12/09?
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i remember last year ppl bought around RM5-RM7 b4 the bonus issue...after that --===> 3x cent

slowly & painfully... (one of favourite stock during year 07-08



tessei
post Aug 18 2009, 10:24 PM

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QUOTE(Mikiyo @ Aug 18 2009, 10:12 PM)
what stock is this?
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KNM
tessei
post Aug 19 2009, 10:19 AM

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QUOTE(debbieyss @ Aug 19 2009, 10:04 AM)
i think this correction will continue till September or october

i will save my bullet first, perhaps will enter around CI 1100pt
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why dont u SHORT for short term gain? better long FKLI later...
tessei
post Aug 19 2009, 10:28 AM

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it's time for new tread...someone pls open one...faster faster....

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