Connie...yes lets pray CI will bottom out for tr over the short term..."our father who art in heaven...."

2bits..didnt expect to c dji going down to my expected level so soon..rite...do u agree with me that 1597(major wave 1 started) is a crucial pt..look at the long term chart

Connie/2bits...1597 crucial point comes from july 4th 2011.

Left out something...1483 is my tp for the downleg from 1867 n shud be a support pt after 1502.

Good morning....klci..it looks more like its in a downtrend cycle n not within major corrective mode taking the count from 1896.Over the v short term,a break below 1523 wud call for a test at 1483-5 level b4 a temporary relief tr can be expected.The downtrend cycle seems to have started from 1597 n any tr seen from now it shud be capped at 1597. Immediate res is at 1554 n initial support is expected to be seen at 1502 which shud hold for a temporary rebound.My advice,take any tr to exit yr long positions as CI cud hit below 1380 over the med term.OMG.

2bits..tq..juz had a glance..will go more in detail later.

Jamie....good morning...juz had a look at it..it has to cross over clsg res at 23 1st b4 u can expect further test of upside towards 25 n 28.It looks like it has to start a new upwave count which shud probably start from 18 from now.So,please be patient..only accumulate between 18-20 area.

Connie..alpha..post removed y?

yong8888...good morning..the bomohs had made another wrong move..they shud wait for lower levels...bad risks management!!They shud pay hawk for his advisory services!!

ifca...its getting closer to my 1st tp at 0.48..think eventually its heading down towards 0.34.immmediate crucial closing sup is at 0.58.

2bits...s & p...it shud hold abv 1940 n shud c a strong tr after the next bashing.

2bits...on dji..I expect 16350ish to hold for a tr.A close below that wud call for test of recent low.

Connie...as for H..this last train is overloaded..don't advise to chase buy on rallies..

Connie...we bot TM C-4 n v recently some at 3.5 for C-6 med term holding..as rchi said b4..only for coffee money..never know it cud be more.

Connie...good morning..the downleg from 1594 was cut short by 11 pips due to local funds buying..thats y I m changing v of 3 target at 1523.

good morning....klci..v of 3 is still in progress n today we shud c wave 3 to develop from 1583(wave 2) with a minimum target at 1545.I expect to c 1523 to hold or mark as the final tp for v of 3 instead of 1502-4 area b4 wave 4 starts to develop for test/retrace upwards above 1600 over the short med term.The long term crucial closing point is at 1510..too early to discuss on this.good luck.

Ore..agree..sori I didn't c yr q..bursa is a small mkt.U have a great weekend!

Ttu on Monday..enjoy yr weekend!!

2bits...if u look at the charts of the global stock markets,they r all having similar downtrend pattern with Wave C in force except Iragi stock mkt which is still in the bull trend.

2bits..I expected it to touch 18650 level since last year based on my ext. count within mjr wave 3 but it didn't hit my expected level,juz short of 300 pips.Currently its clearly in wave C of wave 4 which has a tp at 15600-700 area based on fibo.

Ore..tq for sharing..wish u huat3!

M looking for call warrants of some good stocks to buy to hold for medium term when the next dip of CI comes.

Ct...good morning..congrats on yr profits on both H n C warrants!!as regards to yr Hs try not to add on further rallies as they might not move in tandem with CI which has a potential to head southbound with a new low b4 consolidating upwards.Chasing the overloaded last train is risky.

2bits..welcome...have a wonderful weekend..

Duit...1597 is the actual crucial point..

2bits...catching the last train is difficult n u must have a lot of patience..

2bits...yes I saw it..perfect..esp the tp at 1562 is completed for iii of 3 exceeding equality of I of 3.. I can confirm that..so,v of 3 it can be any level below 1562 towards 1541.Wave 4 of major C shud be developed anytime from now even without testing 1541 as the the wave 3 series has over extended.tq for sharing.

2bits..I don't c yr posting today on the chart.. When did u post?

2bits..ok m having lunch meeting now..which chart n page?

Is that all we c of v-3!!!

dji..its decline is long overdue but it wont be as bad as what ppl think.It shud stay abv 16600 over the short med term in view of their(US)strong economic growth.

good morning...klci...my count from 1594 final downleg,a wave v of 3,is still valid.I don't c y it wud trade above 1583 today.If it does then I have to look at the alternate count which wud call for 1562(yesterday's new low)as the starting point of wave 4 consolidation phase.If so,then it cud go retracing further upwards into the 1597/1603 area or higher b4 wave 5 of major wave C starts.
If my count on wave v of 3(starting from 1594)is still valid,then it shud hit my expected target at 1540-45 area follow by a strong rebound where wave 4 of major wave C shud start to form.So,bottom fishing on the next sell down towards 1540's area may pay.good luck.

HK shud top out at 0.41

good morning...klci..as said b4,the upleg from 1562 is a wave iv of 3(from 1730).As such,there shud be a final downleg to complete the 5 waves sequence of wave 3 which I expect to c it ending not lower than 1545 if the final short term downleg starts from 1594(yesterday's high).My advice...start to accumulate when Bursa pullback for the ride on wave 4,a consolidation upleg,which I expect it to last for at least 2 weeks riding above 1600 level.
Meanwhile,lets c how far up current upleg cud go from here.A break abv 1603 wud call for a test at 1619-22 area but chances r 40-60 pct.good luck.

Connie..Don't 4get abt the crucial med long term pt-1671..it shudnt be violated.

of course,not forgetting the reversal point..ie 1671 closing pt which marks the end of major wave A downleg.

Connie/2bits..what we shud be focusing is on the major wave C downleg tp..in between, can be v complicated.juz simplify the wave count.

Connie...look at the 1 or 2 yr chart.

Duit...I don't stay at home except for a nap or after 9pm..watch tv n spend a few minutes looking at the chart n think what to put up for my views the next day or during my breakfast when I m at the capati shop.

Connie..i believe wave 3 series r still in process..the downleg to low 1562 is juz equality of wave 1(1867-1685)..current is the real wave iv of 3 which has a limit on the upside to 1642.I expect wave 3 from 1744 will be completed at 1533-38 level n wave 4 major consolidation wud develop from thereon.When wave 5 series starts,it will hit 1502-5 level to complete the major wave C...in line with 2bits tp.

Ok buddies..ttut

Rchi...there is a minimum tp at 1604 based on my reversed(advanced)count b4 we c wave 5 to start developing..

Irchi..i will definitely go for puts when I c the 1st signal on my count.Will jump into yr boat later..Remember..U JUMP I JUMP!!

WAVE 3 upleg is still in process.

Connie...what I meant was,as I know,they look at short,med n long term trading ranges n apply fibos for their entry or exit points..it is a different art.

Connie...some ppl using fibos juz purely fibos without looking at waves.U will be surprised even with big institutions.

Connie..i started experiencing with fibos after reading about Leonardo Bonacci..

Connie/2bits..this is how I anticipate the entry n exit points with EW.

Connie/2bits...on my reversed count(sori for the confusion as there is no such thing in EW by any analyst)it shud not go beyond 1642.

Duit...u r not far too wrong about dji..as said b4,17200ish shud hold from now...not tips from my fruit seller friend n others in the market..hehe...its from my dear waves!!