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I'm a Singaporean. The purpose for all my blogs is to share my life experiences in Singapore.

My Lessons on Investment

What are Shares, Unit Trust and ETF?
See which investment instrument is suitable for you.
What are Preference Shares?
It is different from the common shares.
How to invest using your CPF saving?
Enhancing your retirement saving
How to invest regularly if you do not have a lot of saving?
You still can invest if you can save $100 per month
How to buy gold in Singapore?
Different ways of investing in Gold.
My Investment Strategy
Having a winning strategy is important
Be a investor or a trader?
Reasons on why I want to be a investor rather than a trader
Peace of mind after buying shares?
Reasons on sleepless night after buying shares
Things to avoid in stock market.
Don't attempt to try these even you are an expert
My favorite quotes from Warren Buffett
Very meaningful and useful investment quotes
Buying stocks based on price and value
This is the method I use when buying stocks
Investor, Traders and Speculators Charts
Charts are affected by different players in the markets
My Quotes/Rules of Investment
My own investment rules and quotes
The Goose That Laid the Golden Eggs
Protect them at all costs
Dealing with Market Randomness
Reasons on why market direction cannot be predicted
Who can be trusted in the market?
Beware of people who give you tips
Why I am not afraid of losing money in my investment?
Know your own limits and rules of the game.

My Market Analysis

STI Index
Comparison between 1998-2000 and 2008-2000
STI Index movement
Prediction from Oct 2009 to 2011
Reason Why Gold might be a good investment
EUR/USD 10 years chart
Will it go up or down?
Taiji Symbol VS S&P 500
S&P 500 25 years chart
True value of S&P 500
Based on dollar index from 1988 to 2009
US Dollar Index
Using Taiji to Analyse
S&P(2007 to 2009) VS NIKKEI (1990 to 1992)
Is there any similarity?


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Sunday, July 25, 2010

My Crazy STI prediction from now to end of 2010

Based on the fibonacci lines, we can see that currently we are hitting the major resistance at the 2970 (61.8% of fibonacci retracement). From Jan 2010 to Jul 2010, we can see the STI might be forming a Bull Flag consolidation between 2680 and 2970. Successful breakout of 2970 level might lead a path to 3900 level by the end of 2010.

This is the third time that the STI is testing 2970 since Jan 10. If this time, it fail to capture the 2970, we might see a major sell off all the way to 2100 (forming Head and shoulder formation instead of bull flag consolidation).

In conclusion, STI might goes up or down 900 points from this point onwards. I am quite in favour that STI will reach 3900 as we can see that it is still above the 50 weeks moving average. However we should be very careful that if it happen to break below it. My take is leave some cash if STI happen to reach 2100 and then buy at that level.
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