Like that also can

Wong CH, a political science lecturer, online columnist and activist for clean and fair election, was arrested on Tuesday for urging the public to wear black to protest the ongoing political impasse in Perak (Oh, so this is the promoter for MIB, I see, no wonder lah).

20 of his friends having a candlelight vigil outside the Brickfields Police Headquarters on Thursday night were arrested.

5 Lawyers that rushed to the Police Headquarters to provide legal assistance were also arrested for 'obstruction to justice' and for 'failing to disperse'. Wah!! Fantastic oh, very powerful oh. Don't play play with the policeman oh.

Bar Council's statement " It is an absolute mockery of the constitutional right to legal representation and a travesty of justice".

MIB Dangerous

These Men In Black are dangerous, just look at what they are holding.

Must go all out to maintain peace.

The front line.

These heroes that are willing to die for the country

The Hero of the heroes

First of all you block the roads

Block, block, block.

Using barbed wire, very effective.



Blocking the entrance to where the foods are, very clever.

Searching for MIB, in black, half black, black in white, white in black ..........

Two against one, sure can, no problem.

Finally caught one MIB, actually is Man in Half White Half Black.

Caught one White in Black and one Black in White

This one is Black in Black.

Wah!!! Woman in Black.

Nicely dressed Black in Black

This one is what? Snatch Theft????

If only all these heroes can tackle snatch thieves and mat rempit the same way they handled MIB.

Watch out for the last train

Dow Dropped 102 points yesterday after it has completed its sub-wave 5 that consists of nine mini waves. If there is no more extension to its nine mini waves, yesterday red candlestick is likely to be its downtrend first candlestick whether its is going for possibility 1, 2 or 3.




Whether it is Nasdaq or S&P 500, the wave forms are the same. This pull back provides good entry point for those investors that are still watching at the sideline. All technical indicators are expected to return to the bottoms except possibility 2 that was mentioned in my previous post where the correction is expected to be short, the indicators may stop halfway.

Snatch Theft

Jamilah Selamat, 31, two months pregnant fell off her motorcycle when a snatch theft pulled her handbag in Ayer Hitam last Sunday, hit her head on a pavement and went into coma and died 3 days later.

Her husband and children

Saripah Mohd Nor, 34, 4 months pregnant, pulled by a snatch theft and fell off her motorcycle at Kg. Padang Raja, Melor. She was ran over by a car travelling in the opposite direction and was killed on the spot.

Deputy Home Minister Jelaing Mersat and Johor police chief, Deputy Comm. Datuk Mohd Mokhtar visiting Jamilah Selamat's family (So caring, so touching, so kind, so....). They announced to the press that Home Ministry will set up a joint committee to come up with a plan to fight snatch thieves and mat rempit (so fast action, so efficient, so....). I usually take what they said as "talk talk only". Just wait and see, you may not hear anything after a few days. There were many cases of death caused by snatch thieves before these two cases. This thing is nothing new in this country. The process is the same, somebody die, YB and police will talk this and that, propose this and that and thing just end like that. Remember the Bukit Antara Bangsa landslide that had taken away some lives, remember the Highland Tower many years ago, remember what the politicians and authorities have said, same-lah, "talk talk only". It is very funny that many VIP and VVIP and authorities incharged are not aware of the actual security situation in this country, or are they just pretend that they are not aware ????

Possible directions for Dow

(Double click on chart for enlarged version)

Possibility No. 1 - Dow has completed its major wave (I) as shown above. Major wave (II) is about to begin. This (II) can either take the form of a sharp in magnitude but short in duration a-b-c formation or a shallow but long duration a-b-c-d-e formation. This major (II) provides an opportunity for those who have not participated so far to board the train.

Possibility 2 - This is a very bullish formation. Dow as shown above has completed the major wave (I) and (II) and has just completed sub-wave 1 of major wave (III). The sub-wave 2 of (III) will take about a week before the dynamic sub-wave 3 of (III) starts to run.

Possibility 3 - This is a very very bearish option. I put in this slim-chance possibility is purely based on some of my other indicator's cycle study. As shown above the formation is typical rebound wave of 3-waves with a short wave (III). This is a major rebound wave (6) of the bear that started in October 2007 as shown in the long-term chart below. The following wave (7) will take Dow to the bottom of 5 at 6,547 or even lower.

There are many other possibilities and whatever is the final outcome it can fit into one of the Elliott's principles.

9th Wave Completed

Dow has just put on 101 points at the close to complete the 9th wave of wave 5 of the major wave (I) for "possibility 1", if it is possibility 1. If this is really the correct Elliott's wave count for Dow (with luck), for the next 20 days or more, Dow should go into major wave (II) consolidation. However if Dow still continues to go up, then forget about all the technical indicator's readings, enjoy the major Wave (III) run up (Refer to possibility 2 in my previous post) until the whole wave (III) is completed.

Has Dow Punched Through The Ceiling?

I have to used S&P 500 chart for discussion because I usually obtained my base chart from Yahoo (with great appreciation). At this moment the last candlestick (4 May's candlestick) for Dow was plotted wrongly by Yahoo. The chart for S&P 500 all the while is quite similar to Dow's chart. However, based on my hand-plot chart, the last candlestick for Dow has its top higher than the upper trend line whereas that of S&P 500 has just touched the upper trend line.

There are two possibilities here, possibility 1 is the same as what I have shown in my previous post except wave 5 is going for nine sub-waves instead of 5 sub-waves. Monday's candlestick formed the sub-wave vii as shown below. Based on this possibility, Tuesday's candlestick has to be either a "doji", a "shooting star" or a red candle down to form sub-wave viii to be followed by another up candlestick (green) to complete wave 5 and the major wave (I). It will drag on for another 3 to 4 days. Major wave (II) correction will easily take 15 to 20 days until all technical indicators have moved to the base again.

However if US market will to surge and to put on another 200 points with another big green candlestick similar to the Monday's candlestick, then the market is already in the major wave (III) as shown below, at sub-wave vii of wave 1 of major wave (III). All technical indicators will have to fluctuate horizontally moving at the upper ceiling for at least another month

In stock market anything can happen, you can never always beat the market.