Thanks.

And if it were a 335, then presently, we are probably in a 3rd wave of a 3rd. (and hence the "sell house sell car" remark)

I will buy again at 875.

Thanks again.

boyikao3      ( Date: 16-Apr-2010 22:24) Posted: I dun have enough data to see the monthly chart structure. But weekly chart does look more like a 3 than a 5. But whether 335 or 535, the verdict is still the whole wave structure from 2007 drop till now is a corrective structure, and not an impulsive structure. If you are right on the 535 structure, then tat means the market should turn around by now and start its deep dive. But  that has not happened so far. Tat's why I am proposing it could be a 335 instead. So let's play by ear...

On the Daily chart, the drop from 2007 to March 2009 looks like five waves to me. Therefore, the only possibility is that of a zig-zag(5-3-5).

On the Monthly chart, the said period looks like three waves to me. Therefore, it is possible to be a flat.

I am very confused.

Please comment.

boyikao3      ( Date: 16-Apr-2010 21:59) Posted: Bear rally will exceed previous peak if it is an expanded 3-3-5 wave structure, in which we are in the middle "3" now. And this is provided that the drop from Oct 2007 to March 2009 is re-counted as ABC.  So technically, it is probable.

STI at 3000 is a very important mark. Important for who ? For those who bought low and are handing the hot potatoes to those waited for 3000 mark to be reached. But this handing over will take place bit by bit so that they won't cause an obvious alarm to chase away the goondoos (hit grass frighten snakes). There should be some dingdong around this 3000 level before STI moves higher towards 3900. 

As long as STI moves higher with volume moving lower, there is no real Bull in sight. Only Bull Shxx in sight !

STI at 3000 is a very important mark. Important for who ? For those who bought low and are handing the hot potatoes to those waited for 3000 mark to be reached. But this handing over will take place bit by bit so that they won't cause an obvious alarm to chase away the goondoos (hit grass frighten snakes). There should be some dingdong around this 3000 level before STI moves higher towards 3900. 

As long as STI moves higher with volume moving lower, there is no real Bull in sight. Only Bull Shxx in sight !

Ah boy.. thought u were bearish previously? Howcome now also shouting huart ar? u got info and change view liao ar?

or u r being sacrastic to the bullish ppl?

boyikao3      ( Date: 16-Apr-2010 15:09) Posted: Finance counters will be the stars this year ! Yang metal (finance industry) over Yang wood (wealth of yang metal) - image of conquering wealth ! So Huat Ah !

Think most people here are waiitng to unload at 3200.   Not many waiting to buy and not much to  buy. except those IPOs got garment support ones.