Twilight Zone

Two bodyguards dragged her from a car, knocked her unconscious and shot her twice in the head. The killers then wrapped her body in C4 plastic explosives and blew her up, ensuring the foetus was destroyed along with the identity of the father. For good measure, they erased her entry into the country from immigration records.

Click The Story for more.

It is now or never

To get away from the Twilight Zone

 

Solidarity in London

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Blackmailing

Water problems caused by poor planning and management of the water authority has now been turned into a political problem. What a joke.

Basic public utilities such as water and power supply, on the very first place, should not be privatized as they are basic of the basic necessities when reliable and uninterrupted supply to the people is the top priority rather than profit.

For a private company, the priority is different, the emphasis is maximum profit, big paychecks/ bonuses, tall corporate buildings, etc rather than proper system maintenance and continuous system upgrading.

One thing is for sure, the current water shortage is not due to the dry weather, even though a few months back some had attempted to blame it on the weather when the reservoir is full of water.

For the current water shortage, if it is due to system maintenance and operation problems, the operator must be sacked and be replaced. If the authority or Government tried to cover up the issue, they too need to be replaced.

If the current shortage is due to inadequate supply caused by inadequate infrastructure development, this can be confirmed when the newly completed housing area has adequate supply whereas the existing old residential area experiences interruption in supply.

The water supply operator is not supposed to divert water supply meant for the existing residential area to a newly completed area if the infrastructure is inadequate. The basic guideline for the approval of any new housing project is that new project should not be approved if the existing infrastructure is unable to support the new project. However, the new project still can be approved if new water supply infrastructure can be developed concurrently with the new project so that new source of water supply can be ready to meet the new demand. This requires good planning and good management.

So rightfully, with a good Government, there should not be any water shortage, especially in Malaysia when we have around 2.6 meters of rainfall a year and yet we have the statement.

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Email from a friend

How men and women record things in their diaries .......


Wife's Diary:

Tonight, I thought my husband was acting weird.

We had made plans to meet at a nice restaurant for dinner. I was shopping with my friends all day long, so I thought he was upset at the fact that I was a bit late, but he made no comment on it.

I asked him what was wrong. He said, "Nothing". I asked him if it was my fault that he was upset. He said he wasn't upset and not to worry about it.

On the way home, I told him that I loved him. He smiled slightly and kept driving. I can't explain his behavior. I don't know why he didn't say, "I love you too". 

When we got home, I felt as if I had lost him completely, as if he wanted nothing to do with me anymore. He just sat there quietly and watch TV. Finally, with silence all around us, I decided to go to bed.

About 15 minutes later, he came to bed. But I still felt that he was distracted and his thoughts were somewhere else. He fell asleep. I cried, I don't know what to do. I'm almost sure that his thoughts are with someone else. My life is a disaster.

Husband's Diary:

A two-foot putt......... who the hell misses a two-foot putt.

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Dow - No immediate danger

With the Federal Reserve pumping US$85 billions a month into the economy, the money will ultimately go into commodities, stocks and real estate, Dow should have little problem in completing its major wave (5) in 2013.

Dow has completed its sub-wave i-ii in December 2012 and is currently forming its sub-wave iii of wave (vii). Wave (vii) is projected to end around 13,800 level to be followed by a 6% wave (viii) pullback.

For 2013, the first three quarters is theoretically safe if the 6% wave (viii) pullback can be considered as not so damaging.

Upon completion of major wave (5) in the 4th quarter of 2013, the next question to ask is whether the mega wave 1 (inside the red box) has ended.

If mega wave 1 has only 5 waves, be prepared for Dow to plunge to its 2009's low of 6547 for a mega wave 2's 100% retracement, a possible worst case scenario.

However, if mega wave 1 has 9 waves, due to the positive outcome of the US$85 billions a month injection, Dow will go for a 13% to 15% correction for its major wave (6) pullback before continuing its major wave (7) run.

I always believe, when Dow can hold, the rest of the markets should be able to hold unless there is political unrest, state of emergency or other major financial disaster in a particular market.


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FBMKLCI - Just an academic exercise

The Bursa Malaysia composite index has been setting new record highs lately but there is no trace of bullishness and no mass participation in the market. The current market sentiment is so much different from those record breaking days in the 1993/94 bull-run when trading was euphoric and prices of stocks were being chased irrationally to unrealistic levels. 
 
Since the Dow has no immediate danger, our composite index may have more record breaking on the way but trading may remain 'boring' with no mass participation.

Back to the wave count - just an academic exercise.

As shown in the 20-year chart above, starting from the 1998's low of 262, the composite index has completed its major wave (I), (II), (III), (IV) and wave 1-2 of its major wave (V) before end of 2011.

For the whole of 2012, it completed its sub-wave (i)-(ii) of wave 3 of its major wave (V). The latest surge can be the starting of its sub-wave (iii) of wave 3. It should be bullish with high volume but there is no sign so far except 'boring, boring & boring tradings'.

Looking at the US Federal Reserve's balance sheet as shown below, I don't feel comfortable and I don't know what sort of bubble is being created and when it will burst.

Courtesy of beacontrust.com

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Dow - On course to complete its wave (vii)

Dow gained 308 points or 2.35% to close at 13,412 on the first trading day of 2013. Dow is likely to complete its wave (vii) at around 13,800 level.

With the Federal Reserve pumping US$80 billions a month into the economy, it is hard for stocks, commodities and real estate to come down. Can the global economic problems be solved by endless printing of money? Can a country solve her debt problems by borrowing more money? I think a super bubble is in the making.



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2012 World Champion - Malaysia

Happy New Year

Finally we are the Champion

Responds from nearly 3,000 executives from 30 countries

Courtesy of Transparency International

"Japan was ranked as the world's least-corrupt place to do business, with just 2% of respondents saying they had lost out due to bribery."

"Singapore was second-cleanest, which was at 9%."


Click 'Hindustantimes' for details. 

Alamak !!!

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