2012 - Major wave C to dominate

Let's forget about the Mayan calender that will end on Winter Solstice 2012 (Dec 21st)

and the related doomsday arguments.

Just go back to the markets and see what could possibly happen

For Dow, I still think that the possibility of a major wave C remains high. I will be looking at the 12810 level to see whether wave 2 will end there. I still believe that when Dow plunges, the whole world's markets will follow.



Shanghai SSEC was bad towards the end of 2011. The index closed 2011 at its lowest level for the year. Another 470 points to go to form 'double bottom'.


France's CAC 40 is not much better than the Shanghai's SSEC.


Australian AORD appears to head for 'double bottom'. Equally bad.


For Bursa Malaysia. watch out for 'Head and Shoulders' formation.

UiTM (University Technology Mara)

Just wonder what will MCA say.


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Happy New Year 2012

Hi Friends

Wishing all of you
a happy, healthy and prosperous 2012

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Lemon Kills Cancer Cells

Received an email that said that Lemon can kill cancer cells and is 10,000 times stronger than chemotherapy.

Just put 2-3 thin slices of lemon into a container and add drinking water. Take this 'alkaline water' as your daily drinking water. It is that simple. It destroys malignant cancer cells without affecting healthy cells.

Click Peace Wisher for more information.

Just wonder whether there is any side effect to my body if I drink 'alkaline water' everyday.

Christmas Carol - Boney M



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Merry Christmas

Hi Friends

Dow - Where are we ?

Sub-wave iii of wave 2 of major wave C
Upper Limit at 12810

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Illicit Financial outflow

Wah Lau eh, Malaysia occupied 5th spot with illicit capital outflow of US$291 billion (Rm 889 billion) between 2000 and 2008. In 2000 the amount was Rm 67.7 billion and by 2008 the annual outflow has jumped to Rm 208 billion. Assuming Rm 200 billion a year for 2009, 2010 and 2011, the cumulative outflow is Rm 1.489 trillion.

In world ranking, only on this sort of thing Malaysia can go very very high and can beat Singapore flat. This is what we call Malaysia Boleh!!!

A nicely written One citizen's wish-list from Dr. Kamal Amzan



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A story

Over the phone, his mother told him,
"Mr. Belser died last night. The funeral is Wednesday."

Memories flashed through his mind like an old newsreel as he sat quietly remembering his childhood days.

"Jack, did you hear me?"

"Oh, sorry, Mom. Yes, I heard you. It's been so long since I thought of him. I'm sorry, but I honestly thought he died years ago."

"Well, he didn't forget you. Every time I saw him he'd ask how you were doing. He'd reminisce about the many days you spent over 'his side of the fence' as he put it."

"I loved that old house he lived in," Jack said, "He's the one who taught me carpentry, I wouldn't be in this business if it weren't for him. He spent a lot of time teaching me things he thought were important ...... Mom, I'll be there for the funeral."

As busy as he was, he kept his word. Jack caught the next flight to his hometown.

Mr. Belser's funeral was small and uneventful. He has no children and relative.





The night before he had to return home, Jack and his Mom stopped by to see the old house next door one more time.

Standing in the doorway, Jack paused for a moment. It was like a leap through space and time. The house was exactly as he remembered. Every step held memories. Every picture, every piece of furniture ...... Jack stopped suddenly....

"What's wrong, Jack?" his Mom asked.

"The box is gone."

"What box?"

"There was a small gold box that he kept locked on top of his desk. I must have asked him a thousand times what was inside. All he'd said was 'the thing I valued most." Jack said.

It had been about two weeks since Mr. Belser died. One day, Jack received a mailed package. The box was old and looked like it had been mailed a hundred years ago. The return address caught his attention. "Mr. Harold Belser" it read.

Jack ripped open the package, there inside was the gold box. Jack carefully unlocked the box. There inside he found a beautiful gold pocket watch. Running his fingers slowly over the finely etched casing, he unlatched the cover. Inside he found these words engraved:

"Jack, thanks for your time and the memories - Harold Belser"



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Italian Problem

Greece's Market, it is A-B-C

On Wednesday (December 14), Germany raised 4.2 billion euros from its 2-year bonds with an average yield of 0.29% which is 0.1% lower than its previous auction of 0.39% yield with bids exceeded offer by 1.4 times.

Just minutes later Italy has to pay a new auction record high 6.47% for its 5-year bonds to raise 3 billion euros. It is going to be a big problem for Italy in the first quarter of 2012 when Italy has to issue 62.5 billion of bonds.

The Germany's 0.29% yield indicates that there is cash out there looking for safe haven. Does it means there will be divergence between markets. Must keep this possibility at the back of my mind.

Dow dropped about 1% after 2 hours of trading. Last few session's high can be the end of wave 2, one of the possibilities that I have mentioned previously.





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