Friday, August 31, 2012
Saturday, August 25, 2012
Friday, August 24, 2012
Why Apple's Price keeps going up after Steve Job's departure ?
Motley Fool : Apple was sitting on a mountain of cash & Steve Jobs didnt want to spend it contrary to even Warren Buffet's advise !
After Steve's departure, his successor, Tim Cook, distribute it via dividend and share buyback...which may account for the price increase and low volume.....
And supposedly, IPhone 5 screen is larger contrary to what Steve wanted....
Monday, August 20, 2012
Sunday, August 19, 2012
Fwd: Dow Jones : further upside... .??
> Heyy Leslie,
>
> I am bias towards a major top forming in the major indices....looking at the Dow specifically...
> However it may be months in the making, considering also it's a presidential year in the US...
>
> What is interesting I thot is that the talking heads have changed their view recently as the bullish sentiment persist....
>
> The monthly chart shows a conventional textbook triangle consolidation....my bias is that price action will breakout of the horizontal resistance at 132.... Finish of the 5th wave and form a major top....And it's in line with declining volume/price increase of 5th wave
>
>
> The weekly chart however show the Stochastics reaching o/b levels, so a minor correction may be in the making ....price action I think will stay within the short term upward trend line....
>
> I am bias towards a minor correction in the weeks ahead.....after which price will break out of current resistance and form a major top......after the presidential election, and that will bring us to 2013....as much as Sony production will like their movie's "2012" catastrophe to happen, I think they will be dissappointed....and even the ardent Mayan prophecies fan have changed their tune ....hahahah.....like all practical prophets do..... :)
>
> I am a incurable bear but as long as price action stay with the little upward trend and above the moving averages, and don't fall below 128 or even 130, I think there is still some more upward action.....just becasue maybe stock indices are long divorced from economic reality.... :)
>
> * actually to think about it, the death cross video....I have a funny feeling the death cross will not happen....but the 50ma will actually bounce off the 200ma support....at least for now... :)
>
>
Saturday, August 18, 2012
SLV : Is this the beginning or the end ?
On daily chart, there seems to appear the bullish "cup and handle" pattern.
Stochs gradient is steeper than the price action...
Seems to suggest, correct has taken place in a very controlled and mild manner....
Nevertheless a correction is taking place...
Before the downward trend continues....
Sunday, August 12, 2012
Monday, August 6, 2012
Friday, August 3, 2012
China's record buying out of US & Australian companies.....
China buying up US businesses at record pace !
Well actually it's not just USA
But also Australian businesses.
As this article points out its part of correcting the global trade imbalances
That has China sitting on huge pile of trade surplusses.
So this trade trade surplus is funding this record buy outs.
So from trade surplus to foreign ownership !
Well done !
But remember ! Japan owned most if not all of Wakiki.....but the sun sets.....
And China with no sons in sight....the sun might just set.....
http://www.businessinsider.com/jpmorgans-tom-lee-citigroup-economic-surprise-bullish-2012-8?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%202012-08-03
Thursday, August 2, 2012
Wednesday, August 1, 2012
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