Tuesday, 9 August 2011

My War Room (8) - Waiting for stronger Eastern Wind?

Read? My War Room (7) - The Lost Years!


The worst drop in STI history in the band of -60+%



Based on the past STI performance, if it is just a correction, it should rebound in the next few days and moves towards 3,000; otherwise we should be preparing for stronger and stronger Eastern wind.   I am preparing for 5-6 levels of Eastern Wind as follows:



Do you believe in Eastern Wind?


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2 comments:

  1. Anonymous9 August 2011 at 15:30:00 GMT+8

    Hi uncle8888,

    I am preparing for level 5 Eastern Wind. I feel that it is hard to reach level 6 as it will be breaking the previous low 1456 in march 2009. Moreover, STI will need a higher low in order to begin an upward trend. If you observe STI history, there wasn't a time when a new bear when below the previous bear low.

    May I know why did u use 3195 instead of 3310 which was the highest point in 9 Nov 2010?

    Zac

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  2. Createwealth888810 August 2011 at 07:42:00 GMT+8

    Hi Zac,

    I have re-posted and added in the Chart. Now, it may be clearer. I track Corrections and Bears.

    ReplyDelete