Connie, Still reading the EW notes provided by Alex. So 1,3,5 subwaves
are up and 2,4 are down?

jjtrader and Connie, Good afternoon. I am a bit loss. I roughly know what EW wave 3 meant. Nevertheless, what does W3sw1, W3sw2 and W3sw3 stand for? Please advise.

Good morning TCB and everyone at the forum. I have just start to learn TA from Internet and hope one of the sifus here may give some guidance to the below. Should I look at daily chart and 30 days MA or 200 days MA?


Posted by jm678 > Aug 25, 2014 12:29 PM | Report Abuse X

Dear TCB, Good afternoon. I am reading an article on "Stage Analysis" by Alan Saunders. He recommended to base on weekly chart and 30-weeks MA. I trust this is good for long term investment. For shorter term, what is your recommendation? Hope someone may guide this newbie. Thank you very much.

Dear TCB, Good afternoon. I am reading an article on "Stage Analysis" by Alan Saunders. He recommended to base on weekly chart and 30-weeks MA. I trust this is good for long term investment. For shorter term, what is your recommendation? Hope someone may guide this newbie. Thank you very much.

Sifu Yong888, It is very nice for your sharing that even newbies may learn and excel. I have just started reading the EW notes provided by Alexofb2b. Your Gold chart and S&P 500 Chart look really scary. While it may be golden opportunity for forex/gold/index traders to sell short or take put position, newbie to Bursa market like me may have no choice but hands off. Would appreciate your further guidance.

Ring, Thanks so much. Hope for the best for everyone's baby, Talamt.

Connie, Thank you for sharing on MDT. Didn't expect learning substantially on a Saturday afternoon. So the MDT club is the "operater" we all mumbled : ( They are so real so legalised and so near us :( If they account for a material %age of the daily volume, does the charts always tell the truth about collective social behaviour?

Ring, who gave the above advice?

Profitman, Thanks so much for your advice though analysing volume is a bit too advance for me. Will keep learning. Have a nice weekend.

sifu seph, Thumbs up. See you later at 1.50 to 1.60.

seph, Got it. Where is mum heading?

It is a shame to let go WC at this moment with 3 to 4 sen discount:)

Seph, Thanks a lot for your advice. BTW, what is your latest approach to PJDev WC? To hold all until a TP (how much?)or sell half as you suggested sometime ago? I bought at 75/86/104 and still holding tight.

Some remisiers have just cautioned that the 7 billion shares transacted on Wednesday will emerge and sell down the market on coming Monday and Tuesday. Kindly advise your thought. Will there be any sign from TA point of view?

Some remisiers have just cautioned that the 7 billion shares transacted on Wednesday will emerge and sell down the market on coming Monday and Tuesday. Kindly advise your thought.

Seph, Thank you for your kind advice. If you won't mind, please give a shout when you add position and I'll follow suit. We are looking at a stock FA very strong but in wave 4 as advised by Connie.

Good morning TCB. All the best to everyone here.

Connie, thank you for your advice. Will watch out carefully.

Good morning Connie, Christine and everyone here. Best wishes to all as always.

Profitman, Thank you very much for your advice. I am only reading financial reports and know nothing about TA. The reason I asked about Seal is because the last quarter results brought down its PE a lot. If this quarter result to be out this month repeats the history, its PE will be even lower and makes it very attractive. Thanks again and good night.

Connie, Good evening. Would like to consult you again on Seal.

From reading the chart, is there any clue on the starting of the next uptrend wave, either in terms of price point or timing (I know this is Duit's specialty)? The company performed very well in the March quarter that brought the PE down very much. (The rest is history that its price surged tremendously). If this coming quarter result is somehow in line with last quarter, then the PE will be even lower. Kindly advise.

Sifu Seph, I understand Seal is in your portfolio. Kindly share your thought.

Thank you very much.


Posted by connie > Aug 20, 2014 02:20 PM | Report Abuse

jm678 ... seal is now in wave 4 which is a counter-trend wave !!! as wave 3 was so impulsive, this wave 4 correction may be a deep one :( be aware if it does go up to process b correction on wave 4 coz a lot of people are trapped at this juncture thinking that correction is over :( before u know it the c formation (downward again) will take place !!!

Posted by jm678 > Aug 20, 2014 11:51 AM | Report Abuse
Seph and Connie sifus, what is your view on Seal which has been very quiet in the past one month? Thanks in advance your kind advice.

fyh30, Asiapac carries in its balance sheet some lands bought in the 90's (probably never revaluated). Furthermore, It had recently resolved a long outstanding issue with a vendor that a piece of 91 acres freehold land would be bought at the 2004 price of RM17.5 million should also be considered (now worth 3 to 7 times more?). 38 sen could be conservative if the market takes everything positively.

Good morning Connie, Christine and everyone here. All the best to everybody.

Connie thank you very much for your advice on Seal.

fyh30, Good afternoon. I am in at 0.12/0.125/0.135 after your buy call. When you buy a big house I should have a small car. Hope the wall will be broken today.

Seph and Connie sifus, what is your view on Seal which has been very quiet in the past one month? Thanks in advance your kind advice.

Dear TCB, please advise on Seal which has been trapped in narrow range for more than one month. Thank you very much.

Matrixcool, good morning and thank you very much for your email alerts. I read Alpha Trader's recommendation on Samudra. It is promising and the price went up since then. I am just puzzle why the company sold all the 228 million Destini shares immediately after completion for 35 sen. If it kept for a short while, the present price is almost 70 sen and many gave TP 80+. There is a difference of 80m! Please correct me if I read wrongly.

Good morning TCB and everyone here.

Good morning Connie, Christine and everyone here. Wishing all earn a lot today.

Good morning Connie, Christine and everyone at the forum. Today should be a very good day for all of us to earn. My best wishes.

Sifu Hawk, thank you very much. Didn't expect you would advise with your busy schedule. Will hold on to the WA and donate some of the profit.

Posted by skyhawk > Aug 18, 2014 06:01 PM | Report Abuse

jm678...hiaptek wa uptrend is gathering momentum...price shld b moving up soon.It is now in d final impulsive upleg :):):)

Connie, Thank you very much. Hope son walk in the same pace like mum. Bought long time ago as advised by remisier without realised the high premium. Better get out of it when there is a good exit point.

thanks so much.

Hi Connie, Have you got a chance to check on HiapTeck-wa?

Aug 18, 2014 12:33 PM | Report Abuse

Connie, I am stuck with some expansive HiapTecK warrants. How does it look like on the chart? Thinking of getting out of it and change for something else. Thanks in advance for your advice.

I meant expensive. Fast fingers.

Connie, I am stuck with some expansive HiapTecK warrants. How does it look like on the chart? Thinking of getting out of it and change for something else. Thanks in advance for your advice.

Sifu Alexofb2b, Good morning.

Thank you for the EW reading materials. It is good even for someone like me with no prior knowledge to TA. In lesson 3, it refers to the cycle of US market from 1932 onwards and said 5th wave was from 1974 to 19??. Have 5th wave ended or is US stock market still in 5th wave?

KSL is going very close to the objective you mentioned on 6 August. Is 4.0 to 4.5 still intact? Kindly advise.

Good morning Sifu Seph. Thank you for Amcorp. Bought some at 1.26 when you recommended.

Good morning all the sifus and friends here. Duit is right that today start good and look good. Wish everyone make more monies today and able to donate more.

Sifus Yong888 and Duit, Learned a lot from your educational dialog on aluminium trade. Thank you so much. Yong888 gave a very useful guidance to PMetal that my wife holds a few lots. Will let her know your advice.

Duit, when you mentioned that PMetal and LB Aluminium are mid-downstream, is there any upstream or upstream investment company in Bursa? Kindly advise.

I read in the i3 SBCCorp blog that Public Bank said everything is good. Then the recommendation was to sell. For investors who only read the top line, probably objective achieved. Speechless!!!

It is amazing that a filled order book is now a reason to sell down a company.

Sifu Duit and psd57, I believe.

Sifu Duit, Thank you for your warm welcome. I am delighted and hope to learn more from you and the other sifu. I bought some KTB before you gave Connie your prediction. Is there any change in expectation? As to Hovid, many TA experts commented 0.445 is the resistance to break in order to back to up trend, hope will see it soon.

Connie, Thanks for your warm welcome.

Jackie, I don't have any Protasco. It seems the price started to drop when the director sold in mid July and the 5 August announcement that the Indonesian purchase didn't go through. While the company gave a substantial deposit (and advance?) and yet to recover, on face of it, the monies are secured by some PT Inovisi Infracom TBK (a listed company) shares. When I google the latter, it should for now worth more than the deposit etc paid. The company probably has to give an update 15 days after 25 July i.e another announcement soon. Perhaps Sifu Seph may be kind enough to advise you more.

Good afternoon Connie and Christine. Hope you won't mind another newbie visiting your house. I have been a silent reader for about a month. Have been reading reports and announcements but don't know how to read charts.