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richtan ( Date: 04-Aug-2009 23:46) Posted:

richtan ( Date: 04-Aug-2009 22:11) Posted:

DOW looks pretty resilient, looking at my DOW chart posting, believe it will head towards 10,000, albeit not in a straight line, with some corrections in between.

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richtan ( Date: 04-Aug-2009 22:11) Posted:

DOW looks pretty resilient, looking at my DOW chart posting, believe it will head towards 10,000, albeit not in a straight line, with some corrections in between.

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Below is my daily chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.

If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd.

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Look at the similarity of the pattern, but of course, it may or may not repeat, so dyodd n if entered trade, set your stop-loss.

ronleech ( Date: 04-Aug-2009 22:52) Posted:

Sorry bro, i dunno how to read....not much willing buyer and lotts seller releasing today, i suspect FM pressing down price for better deal...

richtan ( Date: 04-Aug-2009 22:49) Posted:

Look at my chart below, notice tat everytime after steam pressure release, it gathers momentum n goes up agai

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Alemak, dun blame me u know if it drops, dyodd n set your stop-loss.

dealer0168 ( Date: 04-Aug-2009 22:50) Posted:

Oh... ok understood.....(haven't read yr chart jus now). Emm maybe be closing one of my counter n come fr Midas.

Hope still able to get a good price to go on board. Cheers.

richtan ( Date: 04-Aug-2009 22:46) Posted:

Hi dealer0168,

Take a look at my chart below.

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Look at my chart below, notice tat everytime after steam pressure release, it gathers momentum n goes up again

richtan ( Date: 04-Aug-2009 22:48) Posted:

Hi ronleech,

Not to worrry, in my view, good to occassionally release the steam pressure valve to sustain the uptrend.

ronleech ( Date: 04-Aug-2009 22:41) Posted:

This counter losing steam....

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Hi ronleech,

Not to worrry, in my view, good to occassionally release the steam pressure valve to sustain the uptrend.

ronleech ( Date: 04-Aug-2009 22:41) Posted:

This counter losing steam....

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Hi dealer0168,

Take a look at my chart below.

dealer0168 ( Date: 04-Aug-2009 22:40) Posted:

Midas as per mentioned at the Epure forum has been up n down within the range of 0.83 to 0.88 (suspect due to profit taking).

Actually today is another good chance to get as per RichTan.

It will go up again anyway. But to break n go upwards, i agreed it 2nd qtr results maybe the trigger point.

solar2008 ( Date: 04-Aug-2009 15:37) Posted:

Me bought enough lots liao. No more bullet to load extra.

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Pending Sales of Existing Homes in U.S. Surged 3.6% in June

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By Courtney Schlisserman

Aug. 4 (Bloomberg) -- The number of contracts to buy previously owned homes in the U.S. rose in June for a fifth straight month and exceeded economists’ forecasts, as lower prices and mortgage rates attracted buyers.

The 3.6 percent gain in the index of signed purchase agreements, or pending home resales, followed a 0.8 percent gain the prior month that was larger than previously estimated, the National Association of Realtors said today in Washington.

Foreclosure-driven declines in home values and tax incentives are putting houses within reach of first-time buyers, helping to stabilize the real-estate market, which has been the biggest drag on economic growth. At the same time, with mortgage rates no longer dropping and unemployment still rising, it may be months before a sustained recovery in housing takes hold.

The housing market “seems to definitely be finding its legs,” Maxwell Clarke, chief U.S. economist at IDEAglobal in New York, said before the report. “Both for new and existing home sales, as prices continue to come down and the tax credit is in effect, the prospect of moving into a new house or buying a new house is much more appealing.”

Economists forecast the index would increase 0.7 percent, after an originally reported 0.1 percent gain in May, according to the median of 35 projections in a Bloomberg News survey. Estimates ranged from a 1.2 percent drop to a 3 percent gain.

Incomes, Spending

A report from the Commerce Department today, meanwhile, showed personal incomes tumbled 1.3 percent in June, more than forecast and the biggest drop in four years. The report showed spending rose 0.4 percent as prices climbed. Adjusted for inflation, purchases fell 0.1 percent, the report showed.

Incomes had jumped in May by the most in a year as tax cuts and the Obama administration’s stimulus package pushed the U.S. savings rate to a 15-year high.

Pending resales are considered a leading indicator because they track contract signings. NAR’s existing-home sales report tallies closings, which typically occur a month or two later. The group, whose pending data goes back to January 2001, started publishing the index in March 2005.

All four regions in the U.S. saw an increase in pending sales, today’s report showed, led by a 7.1 percent gain in the South and a 2.9 percent increase in the West.

“Activity has been consistently much stronger for lower priced homes,” NAR chief economist Lawrence Yun said in a statement, noting that first-time buyers must see their contracts close by Nov. 30 to get an $8,000 tax credit.

Affordability Index

The agents’ association said July 23 that home resales in June rose for a third straight month, supporting the case that the industry’s downturn, now in its fourth year, will end in 2009. The median price dropped 15 percent from a year earlier.

Sales of new homes soared 11 percent in June, the most since 2000, according to Commerce data released July 27.

The Realtors’ group’s affordability index, which takes into account home values, household incomes and mortgage rates, reached a record high of 178.8 in April. The index was at 159.2 in June. Readings greater than 100 indicate a family earning the median income can afford a median-priced home at current borrowing costs.

M.D.C. Holdings Inc., the Denver-based builder of Richmond America Homes, said July 31 that its orders had increased on a quarterly basis for the first time in four years.

“Building and sales activity for the industry overall improved from historic lows recorded earlier this year,” M.D.C. Chief Executive Officer Larry Mizel said in a statement.

Mortgage Rates

While mortgage rates have crept higher as the economy improves, they are still below year-earlier levels and near record lows. The average rate on a 30-year fixed mortgage was 5.25 percent in the week ended July 30, according to Freddie Mac, compared with 6.52 percent in the same week a year earlier. Rates reached an all-time low of 4.78 percent in late April.

A weak labor market is one reason economists say a rebound in housing will be slow to develop. The unemployment rate, which reached a 25-year high of 9.5 percent in June, may exceed 10 percent by early 2010, according to the median forecast of economists surveyed by Bloomberg last month.

The Labor Department is scheduled to release July payrolls data on Aug. 7.

Rising defaults and foreclosures may depress property values for months, making buying a home risky even though such purchases become more affordable and perpetuating a difficult climate for homebuilders.

Foreclosure filings reached a record 1.5 million in the first half of the year, according to data from RealtyTrac Inc., an Irvine, California-based seller of default data.

Ryland Group Inc., a California homebuilder that focuses on first-time buyers, reported a second-quarter loss on July 30 that was greater than analysts estimated. New orders fell 16 percent to 1,716 in the period, the company said.

To contact the reporter on this story: Courtney Schlisserman in Washington cschlisserma@bloomberg.net. Last Updated: August 4, 2009 10:00 EDT

x 0

Below is my daily chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.

If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd.

x 0

Below is my daily chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.

If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd.

x 0

DOW looks pretty resilient, looking at my DOW chart posting, believe it will head towards 10,000, albeit not in a straight line, with some corrections in between.

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Asia

Europe

America

Commodity(** = 30 mins delayed)

Index	Last	Change	%	High	Low	Time
STI	2672.30	-9.34	-0.35%	2700.78	2665.75	14:39:44
Hangseng	20809.71	2.45	0.01%	21196.75	20748.62	14:39:46
Nikkei225	10382.79	30.32	0.29%	10479.19	10358.48	15:00:04
SSE	3461.17	-1.42	-0.04%	3478.01	3404.82	14:39:48
KLCI	1178.51	7.20	0.61%	1181.93	1171.31	14:39:45
SET	644.46	3.03	0.47%	649.48	641.64	12:30:20

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This should be good news for Ausgroup:

Asian Stocks Fluctuate as Commodities Gain, Carmakers Decline

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By Jonathan Burgos and Susan Li

Aug. 4 (Bloomberg) -- Asian stocks fluctuated as commodities producers climbed on higher oil and metal prices, while Japanese makers of cars and motorcycles fell after Yamaha Motor Co. and Suzuki Motor Corp. reported earnings.

BHP Billiton Ltd., the world’s largest mining company, and Rio Tinto Group both rose more than 3 percent in Sydney. Suzuki, Japan’s second-biggest maker of minicars, tumbled 5 percent in Tokyo after saying profit was almost wiped out and Yamaha, the world’s No. 2 maker of motor bikes, sank 11 percent after forecasting a wider loss. HSBC Holdings Plc, Europe’s biggest bank, gained 6.6 percent in Hong Kong after reporting profit that exceeded analysts’ estimates.

“Most banks are reporting positive earnings, but the fundamental story has not changed,” Hans Goetti, who oversees more than $10 billion as chief investment officer of LGT Bank in Liechtenstein (Singapore) Ltd., said in an interview. “You still have a lot of toxic assets on the banks’ balance sheets. We still need to restructure the economy over time.”

The MSCI Asia Pacific Index was little changed at 113.24 as of 2:03 p.m. in Tokyo, paring an increase of as much as 1.1 percent after Yamaha reported earnings. About as many stocks advanced as declined.

The gauge had risen in 14 of the last 15 days through yesterday. The index added 15 percent in the period as earnings from Apple Inc. and Lafarge SA to Nissan Motor Co. and Samsung Electronics Co. exceeded analysts’ estimates.

Japan’s Nikkei 225 Stock Average climbed 0.5 percent to 10,405.22. Most Asian benchmarks open for trading advanced.

Yamaha, Suzuki, BHP

Futures on the Standard & Poor’s 500 Index fell 0.3 percent today. The gauge advanced 1.5 percent and closed above 1,000 for the first time since November in New York yesterday. The MSCI World Index added 2 percent yesterday, its steepest increase in almost three weeks, after reports from China, Europe and the U.S. showed an improved outlook for manufacturing.

Yamaha had the steepest drop today in the MSCI World Index, slumping 11 percent to 1,086 yen after forecasting a fiscal first-half net loss that’s more than four times its previous projection.

Suzuki fell the most in the Nikkei 225 after saying first- quarter net income dropped 92 percent. The shares sank 5 percent to 2,300 yen. A group of transportation companies had the steepest decline among 33 industries in Japan’s Topix index.

BHP Billiton gained 3 percent to A$39.22. Rio Tinto Ltd., the world’s third-largest mining company, climbed 4.6 percent to A$63.08. Komatsu Ltd., the world’s second-largest maker of earthmoving machinery, rose 1.1 percent to 1,577 yen in Tokyo.

A gauge of six metals in London gained 4.9 percent to a level not seen since Oct. 3. Crude oil rallied 3.1 percent to $71.58 a barrel in New York yesterday, the highest settlement since June 12.

To contact the reporter for this story: Jonathan Burgos in Singapore at jburgos4@bloomberg.net; Susan Li in Hong Kong at Sli31@bloomberg.net.

Last Updated: August 4, 2009 01:25 EDT

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Below is my daily chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.

If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd.

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Like tat, siow liow lah, how to "Stand up for Singapore"

des_khor ( Date: 04-Aug-2009 11:59) Posted:

I still remember many years back published in WanPao there was a 20s young man who took 4 viagra and cause him no u turn ( can't soft ), he has to go hospital to soften it and from that time he can't stand up any more !!!

Hai... he thought take more got more power !!

richtan ( Date: 04-Aug-2009 11:53) Posted:

Viagra or cialis, all the same, overdose can kill u know, let nture takes its course, lembeh once in a while is ok. cannot everyday stand la

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From: RickAckerman.Com

Tuesday, August 4th, 2009

Bear Rally Looks Eager to Recharge

The S&P 500 Index played footsies with the 1000 barrier yesterday, but bears looking eagerly for a major top shouldn’t rely too heavily on the stopping power of this benchmark. One reason is that Dow 10,000, a marquee number with greater importance, is still 700 points away. We should also mention that at yesterday’s closing price of 9286, the Indoos lay almost 200 points shy of a 9476 target that we flagged a while back as a minimum rally objective. There is also Goldman Sachs, a favorite bellwether of ours that we’ve been expecting to reach a minimum 173.10. Yesterday the stock pushed as high as 166.29 before settling back to 164 to catch its breath, but it looked feisty enough to cover the remaining distance to the target without much effort.

Taken together, these unachieved rally targets suggest the bull still has some running room, although it’s possible that Dow 9476 could prove to be a rally-stopper. That number is a “Hidden Pivot” resistance, and it is sufficiently well defined on the daily chart to be considered reliable within about 10-15 points. That means that if the Dow trades above 9491 intraday, or settles for two consecutive days above 9476, significantly higher highs - in this case, Dow 10,000 - would become more likely, if not quite yet an odds-on bet.

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Viagra or cialis, all the same, overdose can kill u know, let nture takes its course, lembeh once in a while is ok. cannot everyday stand lah

boyikao3 ( Date: 04-Aug-2009 11:15) Posted:

Yah, sometimes must change to Cialis, cannot viagra all the time mah!

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Value Stocks, Laggards This Year, Seen as Leaders: Chart of Day

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By David Wilson

Aug. 3 (Bloomberg) -- U.S. stocks that are relatively cheap based on price-earnings ratios and other gauges are worth buying as they lead the market’s recovery, according to Brian Belski, Oppenheimer & Co.’s chief investment strategist.

These so-called value stocks have been laggards this year, as the CHART OF THE DAY shows. Through last week, the Standard & Poor’s 500 Value Index gained 4.8 percent, about half as much as the S&P 500. An index of S&P 500 stocks with above-average sales and profit growth climbed 13.7 percent in the same period.

Investors ought to focus on value, Belski wrote today in a report. Trends that bolstered growth stocks -- slumps in share prices and the economy, slower earnings growth and increased stock-market volatility -- “are beginning to reverse.”

A comparison of the S&P 500 indexes’ performance following bear-market lows since 1980 bolsters the case, the report said. On average, value led growth in the three, six, nine, 12 and 18 months after the lows were reached.

Value stocks have led the S&P 500’s rebound from the 12- year low reached on March 9. The value index rose 52 percent through last week, while the growth index added 41 percent.

“Investors still have time” to reap benefits from shifting into value shares, Belski wrote. At 18 months from bear-market lows, the gap between S&P’s value and growth indexes averaged about five percentage points. That’s more than triple the 12-month differential.

(To save a copy of the chart, click here.)

To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net Last Updated: August 3, 2009 11:26 EDT

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Alemak, cannot every time hard right, must lembeh once in a while lah, otherwise die c*** stand know.

Let nature takes its course, cannot everytime takes viagra, overdose can kill one u know.

aleoleo ( Date: 04-Aug-2009 10:59) Posted:

now you see if the market need viagra or not .....

iPunter ( Date: 04-Aug-2009 09:36) Posted:

Why should the market take 'Viagra'?...

It's already got "Oooomph!"...

The market internals and foundational sentiment are very upbeat... Smiley