Two important charts for all to take note

Just before I left InvestingNote, I have posted two charts there for followers and friends to take note. In case those who missed it, please see attachments

When zoom in,  you get two charts below:

1) Daily Dow futures 7th Feb 08

After the crashed, I gave a reading that Dow can do rebound in three waves. Waves a, b, c. I did not continue after wave c because I want to get a feel of how strong this rebound will take us to. Yes, it is quite clear that wave d is going to be a down wave but when and where will it starts to drop? I am hunting for second tops in Dow.

2) Weekly S&P 500 Vix 7th Feb 08

Weekly S&P 500 Vix is fear index. It gave us a clue of oncoming market volatility when there are fears and massive sellings. There are also three waves a,b,c in sight. We are currently in wave b, going to hit support levels very soon and continue wave c, a sharp rise in S&P 500 Vix. Wave a,b,c is just my predictions based on historical patterns in S&P 500 Vix chart. If market is indeed going for big crash, I would expect a five waves chart instead of just three.






So, below will be my lastest updates on above two charts. I am providing the updates as I felt there should be a closing to where I have left behind in InvestingNote, so that friends can be well-informed. These are just predictions based on experience, they are not advises to anyone. Take it as just guide, may or may not come true.

Updates as of 27th Feb 2018

1) Daily Dow futures

The blue arrow is the down wave d. I believe we are very close to second tops where actual Dow closing last night was at 25,709. I am looking at 26,000 region plus, minus for second tops to take place. Then wave d will take us down to retest some support levels. These support levels are important to determine if market will continue to go up after this last crash.







2) Weekly S&P 500 Vix

We are at tail end of wave b, the blue line is the support line for Vix and should provide support for wave c to start its rebounds. Waves c would cause world stock markets to shake again. We will see if this is going to happen soon. So trade well and take care.

Creative - The one stock which make your Jaw drops

Not trying to sell anything, I did make an attempt to recommend friends, members on Creative shares few weeks ago before this stock made its fantastic ran. I saw the chart, I knew it is bullish, I did my findings and I recommended. See attachment below.

Even though KiasesRemisier did not buy Creative, he had given compliments on InvestingNote. I am grateful to him for his magnanimous gesture. Hopefully he will continue to survive well in the forum without doing too many suicidal acts.

I know it is quite dramatic, it is still very heartwarming for me to know that there is someone out there who had you covered.
KallangBunny bro! Thank you very much!

Back to Creative, I have done some findings before making this call. Please see the correspondence with members below.

From the whatsapp exchanges, you will read that a member actually opposed the ideas of buying into Creative. When he mentioned that Creative has carried out retrenchment exercise, I knew the time to buy Creative has come.
If you happened to come in and see my blog,

Leave a comment if want to know why I think this way?

Leave a comment if you know why Creative is a buy when there was retrenchment.

MIDAS - How we all can help to report trading syndicates to MAS

It's third day of Chinese New Year, I should not be spending time updating my blog especially on the topic above. I have no idea why but just felt there is a need for me to do so. I know many retailers out there were sucked in and bought into Midas lately, if you are one of them, I urge you to read this carefully and think if this was really your own fault or if you have bought into it under the influence of syndicates, unknowingly. I have very good feeling that trading syndicates are presently very active in investment forums such as InvestingNote, Shareinvestors.com and others etc.

The questions you need to answer below :

1) Would you have bought into Midas if the so called forum 'guru' did not consistently give abnormal upside potential of > 30% returns to Midas. ( Usual estimates are less than 10%)

2) Would you have bought into Midas if there are opposing views shared in the forum so that you are given unbiased information.

3) Did you consistently see postings on Midas in the forum everytime you log in.

4) Did you realise it was always the same group of people that post about Midas and not others.

5) Do you know who are trading syndicates / what do they do / thier objectives.

6) have you grown suspicious of any forum profile / forum 'Guru' after this Midas event.

If your answer is 'Yes' to question 6 and you are one of the victim who bought into Midas, I urge you to report it to MAS without delay. Please look for me if you need help on how to do it.

MAS is also currently taking step to look into trading syndicates at work and it will be helpful if you could provide information to the authority to start the investigation. Below is the link on MAS's stand on trading syndicates.

https://www.theedgesingapore.com/mas-keeping-close-tab-trading-syndicates-ward-market-collusion

If you became a victim after joining IN forum , shareInvestor.com or other forum, and wish to report to authority about suspicious profile in the forum, you may go to MAS website to fill in the details. Below is the snapshot and link. Please write to me as well if you need help. Do not let these syndicates get away scot-free for causing harm to market as well as you.

A delighted exit from InvestingNote

There will be visitors coming in to find out what had happened over the weekend in the InvestingNote forum. I will just clear the air once and for all and then move on. Hi members, the content of this post is for your entertainment only, not an advise of any kind.

I had decided that I have spent enought time in the forum that I have neglected some of my members. I have not updated the blog for a long time because I need visitors to take notice of my reading on Dow chart posted some weeks ago. The crashed in Dow was expected, I have issued warning here as well as in the InvestingNote forum.

Ok, back to InvestingNote exit, I have also anticipated this exit before my last post went out. I went ahead because I didnt like how members / friends in there were treated and 'blocked' by an so called 'lady guru' because they were associated with ipotrust. There is absolutely no ill intention or trying to create nuisance. If you have not followed, can view the attachment below.

    

The so called 'lady guru' is none other than LynLyn. Well, because of her high popularity in the forum, she has been going around bullying those who wished to express different views on her stocks. She did that by reporting to InvestingNote that she was being attacked, justify her 'block' exercises, as though she was victimised. In fact, she was the one attacking those who dare to give opposing views, be it right or wrong. Midas, Hi-P, Singtel etc are all her stock calls. Attachment below is my view on Midas as example.

My view on Midas was posted in forum several days before Midas reported fraud and got suspended. Members was also informed not to buy Midas for trade anymore. Lynlyn had consistently given her followers a bullish chart on Midas with a target of 50% upside before the suspension. I believe there are current many IN members who had to bear the losses due to suspension. This was because they had blindly followed her. To make matter worst, she continued her attacks and accusations and InvestingNote did not seemed concern.

I later discovered that there has been an unlawful intention going on in the forum. Lynlyn had posted that she wanted to trade for followers using followers trading accounts. Followers can choose to pay her a token for her service. This is unlawful act according to MAS regulation. I have reported to InvestingNote about this unlawful act but before I knew it, I was forced out of the forum for being a nuisance. Evidences as attached below. Why did InvestingNote allow this to happen? I really do not understand, am I missing something here?

So, thats the whole story. I am glad I have left that forum for good. So, victims of Midas, if you have reasonable basis to believe that your losses was more than face value/ what it appeared to be, it is your rights to report to authority and request for investigation. You have the rights, believe me.

For IN friends who are still around, please hear my last advice. Technicals analysis is what Big Boys want you all to see, because we all see the same charts. Dont fall for the so call TA gurus calls trap especially unknown character like LynLyn. We do not know who she is. Take care and Happy Chinese New Year to all. God blessed!