Posted by Jon Choivo > 2018-07-14 21:27 | Report Abuse

Let me illustrate this post with a story.

A man piloting a hot-air balloon discovered he had travelled far off course.

He took the balloon down to a lower altitude, where he saw that he was above an office building. A man outside the building saw the balloonist and waved.

The balloonist shouted, “Excuse me, can you tell me where I am?”

The man yelled back, “You’re in a hot-air balloon, about 150 feet above the headquarters of this investment bank.”

The balloonist replied, “You must be a forecaster at the investment bank, then.”

Obviously surprised, the man said, “Yes, I am! How did you know that?”

“Well,” said the balloonist, “what you told me is technically correct, but it is of no use to anyone.”

This goes for technical analyst as well.

Posted by Ahza Adhwa Zulkepli > 2018-07-14 21:56 | Report Abuse

Oh, well. The balloonist didn't specifically asked the man his purpose. But at least, the man has answered his question about his location. Technical analyst only provide the details. It is up to the investor to choose whether to take it or not.

Posted by snwong13 > 2018-07-15 07:07 | Report Abuse

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Agreed AAZ
Investors have a choice after digesting all news read!

Posted by SALAM > 2018-07-16 11:45 | Report Abuse

Flying to mine for gold in Timbuktu

Posted by Ron90 > 2018-07-17 06:53 | Report Abuse

only time will tell. just wait for another month, the most i guess. All construction issue will be settle, even with singapore and china.