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9-4-2014 10:49 AM
pacific Offline
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7-4-2014 3:52 PMHSI wrotefew days before or after 23 apr is the date to watch

http://capitalmaster.com.sg/download/23rdmar-john-morning.pdf

your date is coming up in 2 weeks.

will be watching, since already paying attention to 2nd half of April onwards.

underlying belief : there is harmony in the markets, not random.
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12-4-2014 11:06 PM
pacific Offline
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30 Mar 14 (#post 141):
Quote:For April, would be watching around 7th or 8th for a turn. Preferably a top, and 3246 would be a rather fitting target price for the STI index.

So far the STI made a tentative high of 3229 on Friday 4 April, one day before the target date of 7 or 8 April.
However, despite the sharp falls in the U.S. markets, so far the STI only dipped 47 points to a low of 3182 on 11 April.

The target price of 3246 was not reached, but that number can still pop up at a later time.

We are now approaching mid April, and there is increased risk of the STI stepping on a slippery slope.
As mentioned previously, will be watching for the STI to stumble from mid April onwards or in the month of May.


[STI index = 3198]

underlying belief : there is harmony in the markets, not random.
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13-4-2014 2:51 PM
HSI Online
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watch 23 apr 14, may see a new bull coming if hk and china mkt go higher
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16-4-2014 11:44 AM
pacific Offline
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7 Apr 14 (#146):
Quote:STI made a high of 3229 on 4th April Friday, one trading day before the target date of 7 or 8 April.

Time wise, 3229 on 4 Apr is close enough to the target date, and so could be the top one was looking for.

However, it is like the case of a long lost relative who turned up at the door claiming to be one. But honestly, so far am unable to "recognize" 3229 as the one Smile ?

Was not able to "recognize" 3229 high on 4 Apr as a top.
However, it managed to hang on for one week, trying to look like a top. Eventually, it was down only 47 to hit low of 3182 on 11 Apr.

Now that 3229 has been crossed, let's see if the real one turns up at the door. Especially now that mid April has just past.

[STI index = 3252]

underlying belief : there is harmony in the markets, not random.
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16-4-2014 11:53 AM
HSI Online
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so you are saying we may enter a new bull, target 3400 or higher? thanks
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16-4-2014 12:43 PM
pacific Offline
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16-4-2014 11:53 AMHSI wroteso you are saying we may enter a new bull, target 3400 or higher? thanks

No, not saying that.
Also, not sure about your time frame when you mentioned target of 3400 or higher.

The outlook for a market depends a lot on the time frame, whether one is looking at months/years ahead, or just a few weeks or days.

My view of the current market is just the reverse; have been saying that after mid April, the STI is more in danger of slipping than of advancing. Once again, context of time frame is important.

underlying belief : there is harmony in the markets, not random.
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18-4-2014 11:02 AM
pacific Offline
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This being a holiday, just a note unrelated to the markets:

Why is Good Friday called "good" even though Jesus died?

Did a google, and one of the better explanations is .....

"Good Friday has to take place in order to bring us to Jesus' resurrection at Easter. Therefore, it is good."

Happy Easter to all !

underlying belief : there is harmony in the markets, not random.
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18-4-2014 11:29 AM
pannateo Offline
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18-4-2014 11:02 AMpacific wroteThis being a holiday, just a note unrelated to the markets:

Why is Good Friday called "good" even though Jesus died?

Did a google, and one of the better explanations is .....

"Good Friday has to take place in order to bring us to Jesus' resurrection at Easter. Therefore, it is good."

Happy Easter to all !

Jesus died becos u people have sin. Before Jesus died human beings were very sinful. Now all christains cannot die they see the lord ONLY. Jesus did not die just called back to se his "FATHER"
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20-4-2014 5:21 PM
pacific Offline
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When the market makes a major turning point, the price and date normally show harmony indicating strong support or resistance.

The last major turning point for the STI was the low of 2953 on 4 Feb 2014.
There were quite a no. of indicators showing, so the following was posted on the night of the low:

4 Feb 14 (post #114):
Quote:Today the STI made a low of 2953. A preliminary look at 2953 on 4 Feb indicates calculated support at the price, and on the date.
2953 can actually qualify to be a bottom, but only time will tell.

Just one fun fact:
Looking back at the STI, there were 3 very significant "crashes" over the past 30 years:

1) In the crash of 1987, STI made a crash low of 700 on 7/12/87. (down 53%)
2) In the 1998 Asian financial crisis, the STI lowed at 800 on 4/9/98. (down 68%)
3) Then in the Lehman Bros crash, STI made a low of 1455 on 10/3/09. (down 63%).

Total of the 3 lows (700 + 800 + 1455) is 2955, which is very near to the 2953 low.

Weekend reflection Smile

underlying belief : there is harmony in the markets, not random.
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20-4-2014 6:42 PM
HSI Online
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so chances of going down is more than going up? what is the target for the next support? would dow going up but sti sideways or dropping? thanks.
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