My View of the Market

Now that the turmoil of the financial shocks are coming to an end, market is calm for now. But I believe we will experience another new shock in 2H08 when the global economy begins to tank. Many economies will begin to feel the effect of expensive oil - US$150/barrel is within sight. My take is stockmarket will fall drastically from around August. The water rat will come to destroy the fire (stockmarket). I also believe the prices for non-landed properties will fall painfully by 2010.

A reflection from Hell

Why Women In China Do Not Get Breast Cancer?

By Prof. Jane Plant, PhD, CBE : ­ “ Why I believe that giving up milk is the key to beating breast cancer…”

My last post before my forced break

‘A trader has a right to spread information,’ Mr David Meister, a former US federal prosecutor, told The Wall Street Journal yesterday.

‘What a trader does not have the right to do is knowingly spread false information with the purpose of trading to take advantage of that,’ he added.

Read here

Revealed: Dirty Tricks of Rouge Traders

Read here

Tibet Riots Trigger "Revealed"

Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan

Baltic Dry Index

Ø The Baltic Dry Index may breakdown in near term as the MACD triggered a sell signal.

Ø It is trading marginally above the 200-day EMA but a decline below the 200-day EMA is likely to trigger a wave of selling.

Ø Further weakness is expected as the Stochastic Oscillator has trended lower.

Ø This is likely to have a negative effect on the Shipping stocks.

Today 20 March 2008

SSE Weekly Fibo

Why the Bear Rally can't Last

To those who support the Tibetan rioters

This is my message to them:

Free USA, Canada and Australia (Tibet). Aboriginals (Tibetans) get up on your horses, burn down the White House, loot the banks, and fire bomb the white men (Chinese) occupying your native land.

Singapore Valuation Revisions - CL

Straits Times Index - KE

A relief rally, but is this another bear trap?

Asia Markets to correct by another 20-30% before bottoming - CS

More horror movies to come?

Today 18 March 2008

Reports

A bad day

Belgian Tibet protest turns violent

Mar 16 - Tibetan protestors clash violently with police outside the Chinese embassy in Brussels.

Hundreds of protestors attempting to gain access to the Chinese embassy grounds were pushed to the ground and bitten by police dogs.

The protestors attempted to break down the gate and one suceeded on gaining entry to the grounds where he waved a Tibetan flag.

Police confirmed that they had arrested five Tibetans outside the Chinese embassy.

If you're still trading, you're like this surfer...