this time not bla bla bla but bye bye
bye bye note by duit
duitKWSPkita
Publish date: Mon, 05 Sep 2016, 11:59 AM
Good morning and it's week No.37 of year 2016.
Time to say bye bye and heal myself.
Was restraining to shoot or to please people in my last blog? Not sure how many time after I type "shooting note" my thought pull me back. Mixed thoughts and it was not funny as it is not my style to please people especially in public.
Ok. I shall separate my appreciative notes and constructive one. Never forget to acknowledge several important cyber friends here:
Connie: First appreciative note goes to Connie as she is awesome! Friendly & lovely. A real fren always stand side by you to cheer you, highlight your mistake and make comment without "cover" her heart. A very long lasting i3 fren since 2014. An AAA+ long term uptrend fren.
limchimleong: Respected Mr.Lim. Calm with his harmony style in communication. Love the way you comment. A real learning target in attitude
Icon8888/KC Chong/YiStock/RicheHo/PureBull/SooJinHau/Kakashit: I like your articles. Informative and really spent effort to formulate everything to share with readers. Cant deny I learn very much although in very small portion I am still waiting to see the real market manipulation analysis.
profitbro/sunlight, profitman, yoda88, matrixcool, stay_foolish, Lz Lee Weiping/TCB members: awesome helpful samaritan in our life
Dunknow: A true hia tee that already busy with his business in real life. The only "mentee" under duitkwspkita if one day I'm qualified to become mentor.
rchi/twobits/VenFx/tsy/skyhawk/kitty28/cwingz/jetli/mslee/gemini15/evel/jake/Chrissy, Sephiroth, matrix5060, bert, sherri, trustme932, missy, sky, lollipoz, LyyInvestor, fyh30, limjunie749, huattogether18, cherry tomato, EVEL, sherri, bracoli, klsenewbie, youngoyu, metta,redredredred DreamHunter, AyamTua, Kitty28, DANIELSKS, yong888, CityTradermany more from CC's house: A wonderful and enjoyable moment with you all. special thanks to twobits you helped me so much when I'm in the mud.
Stingray/Chinesetea/Futurescoin/nicholas/few secret IDs: Thanks for your valuable time in exchanging live info with me. I will loss without your first info.
dragonslayer/Eagle/kakisaham/sifu wank/pampers/anakku & many more loved jokers: This is what I call a rilek "life" with your jokes regardless who kait what and who win which. Keep it up the kidding life.
paperplane/flyingkite/coldrisks and many more: sometime we fight sometime we teast each other. Hope you accept my sincere apology if I had brought you unnecesary damage in life. Again, I love the moment to argue simply because I cannot sit diam diam in 1 second. Will only enjoy your comments in future but will not comment when I check in i3.
To those very close frens but I missed out: Sincere apology not to ackowledge not because you are less important but please forgive my weak memory.
Back to business: to whom it may cencern
To update something that I owe
HSI:
Domestically, emerging market and Asian countries are doing well and will continue to register heartening corporate earning in the coming quarters. There we must thank to the global recovery phase. Hangseng itself will remain strong and continue to make new high towards the end of 2016. Despite current discount of Futures-Cash traders are still look at 20sma to trade as we could see the volume picked up in the intra day (rebound) each time when hit low like 22,744 and 22,765. After G20 we should be able to see whether double bottom is formed and to imply for the next bull run to targets of 23,688 & 24,500. For time being I'm still propose ultimate year end target of 27,000 with the conservative one at 25,500 after each country tabulates their own budget for 2017.
key points: To monitor closely the support 22,744 which MUST be well defensed until the end of US Presidency election.
Apart from domestic here are the 3 main pull factors to watch for global movement:
1) Post Olympic effect: I notice every time after Summer Olympic games there will be market correction. You may check how global commodities (mostly ferous and non ferous) plunge right after Beijing summer Olympic and also compare the market trend of US S&P started from September 2012. Logic behind is that Olympic games demand lot of ferous supply from the world supply and it is a early signal platform for global investor to rebalance their portfolio in a particular continental in post Olympic games. This year summer Olympic we have yet seen any correction due to the further boost by "unhiked" Interest rate. Time will come but mild one.
2) Crude Petroleum: Everyone knows global crude oil price up due to largely importation by China and this store cheap crude oil strategy by China ended in August due to the tank full shortcoming. Global shorties like to use sentiment to short Crude oil so it is nothing better to use for next sharp correction in price. Key factor to watch is how OPEC counter attack with "stabilize" oil price sentiment. USD44 is very close to USD38 but quite far to USD52 if we use demand-supply sentiment to make prediction.
3) US Presidency election: Statistic shown that if Republican win after a short turbulent economic will return in best wave. I cant imagine how chaos to the global business the moment US pronounce Mr. President Donald Trupm. On the other hand, if Hillary win the President blaming game start and 100% negatively pointing to Democrans like Hillary, Obama and Yellen. Please bear with me that Yellen never deliver a satisfactory job when she fails to implement what has been proposed in Democran's manifesto. We will not see this US S&P 2,185 point anymore in year 2016. Delay interest rate hike intentionally or unintentionally(various parameters like job roll figure, employment rate etc) will give temporary boost to corporationsbut it's not we want from natrue of economic life.
Malaysia:-
Malaysian economy? A very less discussed topic by myself. This is a good country with great economic environment to grow. I wont underestimate our Malaysian's ability to overcome the tough leadership by No.1 and No.2. In economic front, we would deliver better result in coming years.
In life, I practise learn and unlearn everyday. Somehow and some day I must return to my real life. Dont quote me wrong. My real life mean I am not belong to the type of create trash and make mess to the public. I will take a long break and continue to contribute to the community in other plaforms.
Happy investing!
PEN DOWN!
Discussions
8 people like this. Showing 50 of 74 comments
Olympics awarding about 800 gold medals only ... every gold medal consist of 6g gold n 494g silver ... total used of gold is merely 5kg ...
2016-09-06 03:04
Correction:make your petition known to Him....
.... they are provided by God.
2016-09-06 09:00
I love to look at beautiful things whether it is living and non living but I still prefer living things.
I don't want to cultivate any materialistic attitudes my curbing my desires for branded and expensive things like bungalows,exclusive cars or planes.If you allow your materialistic desires/cravings/longing developed into maturity,then it will develop attitudes about outlook in life.Everything you will tie down to status/prestige which is superfically created by humans through your cultivated attitudes and advertisements.This will make you a slave to money which will rob you of your time,energy,health,then your happiness.
So let us not be influcenced by the commercial world which will suck your joy of living in this messy world if you chase after wealth and fame to attain those imaginary standards of status/prestige.
Look at the nature which is given free by God for your leisure and enjoyment.Then you will be surprised many ordinary people are happier than the rich bcos they know the joy of contentment.
2016-09-06 09:32
Correction:....everything you do will tie you down to status...
.....which will suck you your joy of living...
2016-09-06 09:39
Take good care of your health...do not stress over people who do not appreciate your help/contribution...do not stop doing the "right thing" when you know that it may help someone out there even though not everyone may understand/agree/appreciate what you're doing. Cheers!
2016-09-06 09:58
Although nowadays I don't like your intraday play(like gambling), your YSPSAH call last year did inspire me to the best. Thank you duit.
2016-09-06 10:33
Hi Duit, i rarely trade but luv yr contributions and humour. All d best and
take care.
2016-09-06 10:44
aw... duit... it is really sad to hear that you have to pen down. do take care and thanks for your tips and guidance all this while..
2016-09-06 11:09
Hey..hey..limchimleong,why you said so...Duit help everyone,he is not selfish.He is a gentleman.He shares everything he knew and given newbies changes to learn not like other people only care of own pocket.Awaiting to hear from you again,Duit.I hope one day you come here again to share your knowledge.Thanks everyone.We must appreciated the contribution from the volunteer .
2016-09-06 14:10
哇，真的长见识了
i3的admin。。。。。你们现在的作风我真的不敢恭敬(所有人不准许回复koon yew yin 的文章的就是最好的例子）
我只不过说叫duit讲到做到，别像otb食言
2016-09-06 15:35
Tom,you better call him back here lol,if not everybody losing the best volunteer in this world.No matter how,he disappear because he wants to keep the promise???Ooh...
2016-09-06 16:17
last but not the least be happy with your self and every journey is a blessing.
2016-09-06 20:29
你真的懂吗？他把大家都当成optimus
Posted by Coldrisks > Sep 6, 2016 09:33 PM | Report Abuse
Ooi, I know already. haha
2016-09-06 21:39
Sifu Duit, thank you very much on ur constant sharing on market outlook and notably on market manipulation analysis. You will be missed. Wish u all the best and take care..
2016-09-06 22:23
if you are pure gold , you are still a pure gold after fire and hammer
be yourself, be truthful
do not make life so difficult
do not expect anything from others , no one owe us anything to treat us well
but we still can say a few kind words to bring some happiness here
even a loser has happiness even though not as long and last like a good man
2016-09-07 10:52
all this while duit only gave his thoughts and opinion on the market. he never take money or force anyone to buy the share he studied.
but some people out there when they buy and lose money, they will blame others. when they make money they kept quiet.
if they were so smart, they would have read the market themselves rather then what others wrote and follow.
it is sad sometimes to see these kind of situation
2016-09-07 12:41
HELLO duit what happen you are leaving us?? you are a nice person, learn many things from your side
2016-09-07 12:59
TAKE CARE BRO...u r my real mentor from day 1....thanks for all the guidance and sharing,appreciate...until then,do take good care of your good self!
2016-09-07 13:10
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Hi duit..sad to see you take leave which you are part of the community...yeah maybe some 3 years ago.Though I am a silent infrequent contributor I do follow your postings and your banter with Connie.
I believe you follow broad economic trends and cycles and there was a time you gave your views on some cycles and many viewers just wanted to be kept updated and gave their emails etc.to you...remember that time? I wanted to but I had a problem as I had no knowledge of Mandarin as you posted your comments in Mandarin also.
I also reminded of the passing away of ckwan11d and his contributions were equally compelling.
In moments like these I would like to cherish both your and ckwan11d contributions and to be thankful that there are some who bring joy to this forum.
Wish you well and I do hope things will work out well for you.
Cheers,
2016-09-06 00:35