Wednesday, August 20, 2014

My stocks and Dow


Priceworth International Bhd (Rm0.22)

I guess PWorth is having its mini-wave 2 pullback.


Pan Malaysia Corporation Bhd (Rm0.255)

It is sub-wave iv correction of its wave (i) of major wave 5 for PM Corp. With cash backing of 19 sens per share and zero borrowing, at 25.5 sens a share, it is cheap.


KSL Holdings Bhd (Rm3.88)

The current correction for KSL is either the minor wave ii of its mini-wave 5 of sub-wave iii,


OR it is the sub-wave iv correction. Mini-wave 5 has ended.


Dow - Another Prediction

Harry S. Dent, Jr. is a financial newsletter writer. His 2009 book, 'The Great Depression Ahead' appeared on the New York Times Bestseller list.


"Every crash has taken us to new lows," he pointed out, "so the last crash took us down to 6,442 on the Dow and the next projection would be around late 2016, early 2017 somewhere around 5,500 - 6,000."

Click 'Dow-6,000' for the report.


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