Outlook for 22 Feb 2008

Just upload 4 charts, tonight DJI set to change trends. Short term STI show some uptrend. A good buy for ChipEngSeng if tonight Singapore win Youth Olympic bid! Go Singapore Go.

Outlook for 7 Jan 2008

Selling pressure still in sight. We may be see a small bull before a big bear in the next few weeks.

Outlook for 28 Nov 2007

Hi, I'm back! So far, we have quite a few bad weeks. But no fear, currently, there seem to have signs of bottoming. As long as we don't break 3312 ( last week low ). We are safe, enjoy the year end rally!

Outlook for 5 Nov 2007

Look like this coming week, we are set for another trading range movement. Overall, I look to the downside...

Outlook for 17 Sept 2007

From this week onwards, I have added MACD & Stochastic into my analysis charts. Last week, I thought that the markets will end the bull run as we await for US Fed's meeting on 18 Sept (this week). But that did not happen, market made a small correction and the bull started running up again.
As for the coming week, low volume expected on Monday & Tuesday, as Asia markets awaiting overnight announcement of Fed on 18 Sept. Currently, I believe that 90% traders believed that Fed will cut rate at least 0.25%, some even projected a 0.5% cuts. As for me, I belong to the 10% group, and after the anouncement, we should see a bit of retracement started.

I don't think that US will cut rate on 18 Sept because of inflation pressure, Crude oil hit record high & both Bs ( Bush and Bernanke ) have warned that they will not help people due to stock markets losses. In addition, the market have pre-dissolved the news that Fed will be cutting 0.25%. Even if Fed were to cut more than 0.25%, it tells the market that there is a problem in US. Therefore, market are likely to be weak this week.
Oh, one more thing, buy volume are in downtrend & selling volume are in uptrend ( refer to charts. )