Mr Technical analyst "s comment as below:
-Potentially test the psychological 1200 level!
-If surpass then re-test the 1220 level!
-The judgement day!
-Wait & See strategy is the best!
Read d above , dont you think it is silly to reenter into mkt once mkt surpass 1,220 !?? Where most of d stocks already gone up 20% at least from 1,100 to 1,220 ??( don’t forget in order to make money from shares mkt is buy low sell high not buy high (1,220 ) n sell low (1,100) ) I remember someone commented that our CI will drop 300 points b4 it rebound not too long ago ^V^ need me to grant u a second chance to correct your view again Mr. Technical analysis? If they r really that good, they should tell u guys to sell @1,280 b4 mkt crashed not wait until it collapsed to 1,120 then only they come out with all these say after hand “Theory “ >>
***The pre-avalanche condition starts with a large blanket of snow on the side of a mountain. The blanket grows as more and more snow falls, yet nothing happens. Although you can’t see it from the surface, weather and the pressure of the accumulating snow is causing the crystalline structure of the snow to become unstable. All that is needed is a triggering event. One day, a small bird lands at the top of the snow bank and breaks a little piece free, which triggers the underlying instability. The small piece of snow falls and loosens a larger chunk below it. This chunk falls on the snow below it, breaking even more snow free. Finally, an entire hillside of snow cascades and falls to the base of the mountain. After the avalanche has occurred, the hillside is stable. Although a bird could trigger an avalanche when the snow bank is unstable, 20 stomping elephants couldn’t start one when the snow is stable. It will not collapse until enough new snow has fallen on the hillside to make it unstable again.***
All the TA comments posted by them are solely theory, just like people telling u buy low n sell high n also telling u that yr mom is a female !!! None of them able to say it b4 hand & prove to u that their method is fruitful ! Trust nobody but their end results ! There r few blogs that able to show u proven track records, one of them is “investsmart” which also using fundamental method for share investment. Technical analysis is meant for short term trading & also for fund allocation, if u r speculator & day trader, it is good to use TA for your day n short term trading, but don’t come n tell us that u know what will happen to shares mkt 2molo by using yr “Technical analysis “! if u want to prove me wrong, show us yr long & short contracts in yr blog b4 hand as what I did ! Otherwise don’t tell all these grandmother “theories “ to make us laugh on you cos we already know that our mom is female n also what is buy low sell high ^V^
I capital giving KLSE 2,000 (Woww$$ ha ha ha), BOC giving 1,500 n Maybank sec giving 1,400 as KLSE target for year 07, check what they gave in first half of 06, Icapital given 980, BOC given 1,000 n Maybank sec given 950 for KLSE year end"s target, why there r such a big differences ? simple, cos nobody can predict d future of share mkt ! I can guaranteed u, once klci drop below 1,000 they will definitely lower their forecasting again^V^
Since share mkt is so unpredictable , why need to listen to them ? what should we do is buy d undervalue stocks n do it our way ^V^
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