Note...there is a classic higher lows formation(1504 n 1567)

good morning...I wont be in HK next week...2 scenerios I have to share...1)Wave 4 is in process..Wave B may have ended at 1567 n a close below 1582 wud call for a break below 1567 for test into 1525-28 area or 1504.
2)Wave 4 is in process..the upleg from 1567 can be taken as I of Wave C upleg n it shud hold below 1625 for wave ii to unfold for test abv 1582(a crucial sup point)b4 proceeding into wave iii n thereon n the whole upward course shud be seen completed at 1670-73 area.Wish u all huat huat!!!

Duit..wave B..is in process now n CI has to go down to complete its downward course 1st b4 a strong tr can be expected within Wave C upleg corrective mode.

Won't go below 1500

Duit.. I strongly believe it won't go below ..as I trust that the downleg started from 1660 is Wave B which cud an irregular one n my feel of the market for sept-0ct 2015 wud be positive buy on dips for stocks which r overdue for some upward correction.

Connie..m basing on hourly bar chart..

Connie..acceptable on yr count but as u know,iii is overly extended..so,the last upleg can turn out as a failure from yr count.m taking current upleg as ii (wave 1)of the new downleg which can be confirmed on a break n close below 1594 to confirm iii of 1 in process.

Connie/2bits..short term 5 waves sequence completed at 1605..i..1567-1583..ii...1583-1577....iii 1577-1602....iv...1602-1598...v...1598-1605...if CI closes below 1594..new downleg will begin.

Connie/2bits...m outside..juz to remind u of my preferred count...Wave B:a of 3=1605-1568
b(3)=1568-1603
c(3)-present..1603-1543 extension if any 1528...its gonna be a 3 waves irregular sequence..anyway next crucial sup is at 1567!!

Buddies..take the opportunity to clear/take profits on any mini rally from current level.Dont c y it wud close abv 1603 till early part of next week...signing off now.

Duit...good morning..m fine thank you...no,i don't miss the food in penang except I don't find good capati(my fav) restaurants in HK.u take care..bfn..

Mslee...good morning..will be v busy for the next 2 weeks n don't have time to look at the stock markets.Anyway, wud take a few minutes to run thru some charts n news in the evenings n will pop in when I c it necessary. Wish u Huat!!

Good morning..get ready for the B Wave (within Major 4) roller coastal ride with some interesting lower swings..a close below 1594 wud send Ci towards supp 1567 1st.it might stop at 1525-28 area b4 a strong tr can be expected if 1567 supp is violated..good luck.

2bits...M outside with my daughter...Wave B downleg is in process..current upleg*from 1567* is wave ii upleg within B n it shud not go beyond 1625.talk to u later.

M fine..wont be back to Malaysia so soon...probably after x'mas.

2bits...m leaving home soon...take a look at the chart pattern formation during the month of November 2014..current pattern is likely to be similar.

Buddies...hope most of u huat lately...CI shud top out at 1625 for wave 2 upleg of Wave B,a major downleg which started from 1660.Wave A which is seen processing from 1503 has completed its course at 1660.Wave 3,downleg of B is expected to start any time from now n cud hit as low as 1503*minimum target 1528*,b4 it starts to consolidate upwards within wave C,an upleg which cud last for a much longer period of time.

2bits...u r doing v well on yr ta on CI...keep it up!!

Connie...sure....don't have to sob sob..u n 2bits r good enough actually.

Connie...I will be away for quite a while..back to HK to assist my daughter in her new business venture... Wish u n all CC members HUAT ALL THE WAY!!!

2bits...4get about it tq....juz for reference.

2bits...compare 26 with 21..tq

2bits...m not good in analyzing sma or ema..take a look at them n tell me how u view on CI at this moment.tq

2bits...good morning...yes but I think its 30-70 pct chance as it didn't close abv 1603 yesterday..a close below 1597..not too good,a failure!

jake...when ifca was trading at 1.30ish, I warned that it shud hit my tp at 0.48..wrt...0.34 n anything lower or close to it from now u can try to buy for some quick profit.

jake...I didn't say that..somebody else,,hehe

Hz new position n hw old position.C-4 TM n C-19 Tenaga.

I hope we shud continue to respect each other views on ta..otherwise its no point sharing here.

dragon...no not 1800.

M still waiting for wave 3 downleg to start!!!

M staying with our Hs..took profit on dsonic yesterday after convincing my relatives.

dragon...no not yet even it goes abv 1671.

Hawk...having a new leader may not be good news for bursa depending on how foreigners view on our future with on our new gomen.But,i think u r rite,it shud be positive for bursa at the beginning.

good morning...klci...as said b4,current upleg is a wave 2 UPLEG n its so happened to develop in a classic fashion aided by FF as reported to be genuine investors by some ppl here.I cant simply shout that an explosive or a rocket-liked formation is going to be witnessed.Wave 2 is an upleg in this case if I strictly based on my chart analysis.When CI hit 1867 in july 2014,i didn't shout out to chase but instead warned u ppl to be cautious as I sensed that a major downtrend cud happen based on year to year trend cycles(the pct taken on new high/new lows.
Since,FF r in for long term investments by "qenuine investors" in bursa,we will have to monitor how much more r coming in.BUT,SURELY CI is still in the long term bearish mode..good luck.

Connie..u can imagine when the whole market hawkers start buying together it adds more steam on the upside..kiki

Duit..like I said b4,FF cud be fictitious..m talking thru experience..like I told u yesterday how I made tons of $$$ manipulating juz a few counters thru a foreign broker in HK.

Duit..my conversation with rchi..wasn't certain if its ii of 3 or juz wave 2 n both r juz temporary support waves n it has to decline after that...what surprised me is y hawk is so bullish!!

Duit...wrong!! m expecting to c wave 2 upleg...check my comments..n its happening now.

Duit...I still remember yr V-shaped analysis...u c one now on CI..shooting up from 1504!!!

duit...sure.. will shout if I c the bullish trend.I nearly shouted to buy when it once went up to 1867 if u follow the rules of EW.Luckily I didn't!!

2bits..what I meant was,we shud be able to c some interesting lower swings if CI closes below 1596 today or tom.

2bits..CI..what u r seeing today is a classic wave 2,a-b-c..lets c whats next.

2bits...not 1500...juz good enough to confirm major downtrend once it closes below 1568.

profitman...good morning..wish u huat all the way!!

ifca...it hit my final tp at 0.34 as expected...further dips below wud be an extension but shud be a good bargain I think.
dsonic..if our mkt isn't that bad it shud be testing 1.22 or over today already.

2bits..yr count calls for a v bearish view of our market..can be accepted too depending on our economy n rgt performances.I wud take the low at 1504 as wave 3..
wave 4-1660
wave 5:i-1583,ii-presently processing,iii-to end at 1504 or lower(1480ish)iv to start unfolding abv 1480 n v to 1435-1448.

don't be misled from dji recovery last nite..it was a tr only..bears pretending to be bulls.

rchi..have u taken profit on oily contracts..think it will be attacked soon on the downside.There is no way for OPEC to come to an agreement to cut oil production at this time..IRAN will be smiling waiting for their bonus issues!!!!

if u r looking to buy Hs,buy on slight pullback on HZ which has more rooms on the upside.

good morning....klci...expect to c narrow trading range in early part of the day between 1584-1597 n a lower close at the end of the session.1609 shud cap further upticks if it breaches 1597 res pt within current consolidation of wave 2(of major 5).I still believe it will test 1563 over the v short term before a temporary tr takes place n thereafter it shud continue to head southbound to test support 1504 or 1480ish to complete the next major downleg,wave 3 of major 5.good luck.

2bits..will take a nap now..swam for 5 hours today.