Connie....dji & s&p shud ease off today.maybe u shud take a chance to buy on pullback tom...Once the dust settles down in Europe,i expect our market wud rebound.i wont be in town in the morning....will keep in touch in the afternoon tom.

Our mkt is in the correction phase,a heathy one.So,watch out for good fa stocks to invest on dips.

Optimus....wish I knew the problem in Europe earlier.Who knows,they might come out with a solution to the problem.The worst may be over over the med term.Like I had said,the hole in their economy isn't that big compared to US in 2007.The only thing is how long this problem has to drag on.Our growth is doing fine n our financial institutions r in fine trim.Surely,u don't wish to c the same problem here like in Europe!!!!!

Optimus...its ex today for bonus/warrants

Connie..Don't worry..if u miss this round,u wont regret.Be patient,i think klci is near bottom already.May c the final corrective 5 soon for a good rebound.

Connie..m waiting to grab fitters for med term position at lower levels,below 0.84.its downside limit is at 0.765.

Connie...m home now.Do u have to look at seacera?Ok,as u wish,it looks to me there is a shortage of 1 downleg with or without new low.If u look at the long term chart,u can clearly c a complete 5 waves sequence.The risk on the low side is at 0.94 which is supposed to be the tp for the 5th corrective wave.At this time,when u want to do bottom fishing,u have to look for dips to buy.Normally,on the 1st upleg(wA)of corrective wave 4(if it is),the rally wud be shortlived.Its now standing at the mid point of the range which I c it valid between 0.94-1.23.

Connie....will let u know later...cant c clearly from my handphone.

yong888..good morning...Nothing much they can do now except keeping the taps running.Hopefully,their problems wont drag on too long otherwise global economies will be affected...Happy trading to u too.

Dji..crucial support at 16654 held yesterday.Next sup to watch for is 16794 from now.Res 17140 has to be taken out 1st to cfm further advances towards recent peak.
s&p...crucial sup 1925 held yesterday n I expect next challenge to break 1978 to be seen if 1643 holds from now.

Good morning....Which mkt to follow,US(bulls) or Europe(bears) mkts?As for KLCI,i expect 1818 to remain to hold for the rest of this week for test abv 1829 towards 1835.Based on my chart analysis,1858 shud be the top for the rebound from now.

Connie....we have to wait...meanwhile,juz go thru some charts on gd fa stocks n buy them when the time is rite.M v tired now,got to take a nap.good luck.

Rchi.....nice to c u here.good advice,m still stuck with stocks,will try to average when levels n time suit.

Yong888...what abt real estate n bonds prices if things get worse early next year????

Yong888,as discussed between us some time ago,i was quite wary the bubbles wud burst although the charts were showing v bullish signals as I was quite concerned with the global economies n my expectations of future growth wudnt be good.As for klci,m worried more on the impact of the gst once it gets started.

Connie....agreed.All eyes r on Europe situation.Hopefully,they will solve their problem soon otherwise they r at risk of slipping into another recession.

Klci..re next sup,1818-20 area shud hold today.As I have juz said,there is a downside risk at 1802 which I expect it to hold for a rebound over the short med term.

Yong888...I don't think the situation n problem in Europe wud be worse than what we saw in US in 2007.The worst scenario on EW,current corrective wave is a mjr W4 in progress within the major uptrend mode.
dji...crucial short term supps r at 16654 n 16562 on closing prices.Wud c a test of previous low of 16368 if the latter is defeated.

s&p..crucial supps r 1925 n 1909.Wud expect to c a test at 1888 if the latter gices way.

yong888..u r rite but technically speaking,the overall mkts r still within the bullish mode on long term charts.On short-med charts,they don't look good.

Good morning.....klci..it wasn't a good closing seen yesterday n further erosion on this correction is expected.On EW,its still within W3 corrective mode.There is a downside risk at 1802.Yes,we r seeing bubbles n the risk,they cud burst.There is a hole in Europe economy but it shudnt be worst than what we saw in US financial crisis in 2007.

Klci...may have to recount!!!!

Connie...Censof....u HAVE to do the count from 1d/5d charts...think it wud test 59.5-0.605 being 4 corrective wave.

Connie
..goodway...as u predicted,its moving yr way...good chance to c 0.595/0.63.good luck@

Trader....m outside...u know v well my answer is...it shud retest 0.465ard,m seeing a minor bottom at 0.395.i believe now u know where to put yr stoploss at.

Dji/S&p...they r out of the res-line,only one way to go...UP!Expect res,crucial pts,17071 n 1982 respectively to be taken out to cfm a new bull run.Buy on slight pillbacks.

Connie..the bull run wud speed up if the mjr markets r heading northbound also n lets hope something good will come out from the ECB growth summit on Oct8..then all BULLS will be KINGS!

Good morning....klci...looks like W3 is gonna start today on current bull run n v likely the 1st upleg of this wave wud be btw 1844-1854.If u r looking to accumulate yr favorites or good fa stocks,BE BRAVE to buy them now.The next upleg,shud be an impulsive one,my tp=1877 which WILL be seen after the budget day.HAPPY TRADING N GOOD LUCK.

Connie...good luck...stay positive!talk to u tom.gd nite.

Connie...whatever,our mkt will be up n klci will hit min target at 1863 on my anticipated new upleg b4 moving much higher n it WILL be seen esp after the budget.BARA,as i have told u,the worst is OVER.The 1st person who predicted that the mkt wud turn around soon is bro HAWK...HAWK I SALUTE U!Look at dji/s&p,it took days,weeks for the bears to push them down but it took less than 48 hrs to move back up into the upper half of the bullish zones....

Dji/s&p up up!

Cherry...its going higher than 66 for sure...if it fails to hit my tp n turning back at 64,u must run

Sorry dear....

Connie...that's goodway

Cherry...good choice..like it too...cud be W3 in progress but have yr stoploss placed if 0.64 is offered.1ST TP 0.72.good luck!

Connie....that's goodway...0.52 will hold for retest of res 0.595 ard.

Sis Connie is rite!klci WILL BE SUPPORTED(including dji n s&p) soon n shud c a rebound abv 1849.I hope dji n s&p wud take another dip today!

Topaz....yes...m outside now.

bros...if it crosses over or closes abv 0.215,dont have to sell so early.

I don't expect to c dji/s&p to close below 16710 n 1924 respectively.The bull mkt in US is still intact..No Death Cross seen on charts..DC is a technical term for sell signal based on MAs 50/200 days.

Connie..they r not easy games to play with..can u imagine,even EBOLA in US cud cause the stk mkt to drop!!True enough,lately the PMI isn't good as expected but considering the high USdlr value abroad,its not a bad figs.

Connie..getting ready n fit to watch Europe n US mkts...not a bad time to be a contrarian for quick money!Had fought this kind of tough battle for so many years...

Connie...good morning! pretty quiet here this afternoon.

Be calm,even in a bull run,the mkt always has bumps in the road.

Klci...its still holding well abv 1835 this morning n my ta on the new upleg is still valid.

Good morning...dji/s&p...what a ugly fall yesterday with s&p leading the way.However,they r still in bullish territories.Expect to c a rebound anytime from now.Lets c whats ECB meeting wud come out with something good today as this wud cause gap-ups with bears rushing to cover their shorts.As for klci,it will close abv 1835 today with possible retest of recent low seen last week.

Connie...its FTSE BUR MAL KLCI!

Connie...on the 3 mth chart,the abc corrective wave ended on sept 26,2014 at 1830ard from 1892 n from 1830 it rebounded towards 1859,thats the 3rd of new upleg W1 n from 1859 it came down below 1840 but had never closed below 1840,thats the minute 4th which is still in progress,hovering to find its bottom b4 the minute 5th starts.To confirm this scenario u can c it on the 5d chart.

Connie...have u fixed the puzzles?

ok dear...m going for my tea break now.

Connie...klci,we have seen the worst on the 3 mth chart,abc corrective waves has completed.5d chart u can c a strong rebound from recent low(1830),can be taken as a new upleg>wave 1.