Tuesday - 31th March 2009
8.30 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for June contract open at 1967 and closed at 1970 yesterday. The highest was at 2005 and the lowest was at 1961. The market ended a white bar.

Since the market open not within the forecasted levels, I think I better focus on the forecast for today.
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Today
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In short term, the market is bearish and so is the very very short term. The forecast for today is as follows;

1) If the market opens between 1961 to 1982. Sell after the market has passed down the levels between 1949 to 1956. Be careful of the false alarm and if you see any profits, just lock them up!
2) If the market opens between 1941 to 1950. Sell after the market has moved up a bit and then falls passing 6 points below the opening level.
3) If the market opens below 1940, the market may fall further.
4) If the market opens between 1995 to 2005. Buy after the market has moved up beating the levels between 2010 to 2017.
5) If the market opens above 2016, the market may go up further.
6) If the market opens other than the above, it is your call, you can do whatever you like.
7) Please refer to # 6 ( see posting dated 12th January 2009 ).
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If you are not sure , just contact your dealer but not Nethanyahu because......
Do you think the so-called Holocaust did really happen ? Or just another propaganda by the Jews?
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Have a nice trading day, guys....
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Market Going Down Again?

Monday - 30th March 2009

8.45 a.m. - Malaysian Time

For the past one week, the market has been linggering between 1950 to 2050. Four days of the week were the days of black ( or rather blue ) bars. The market was probably said as in the position of sidelines.

Today

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Forecast for today is as follows ;

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1) If the market opens between 2000 to 2020. Sell after the market has moved 7 points above the opening level. Be careful of the false alarm and do not forget your stop loss. If the market manages to beat the levels between 2040 to 2048, the market may go up further. If the market manages to beat down the levels between 1979 to 1985, the market may fall further.

2) If the market opens between 1990 to 1999. Sell after the market has passed the levels between 1979 to 1985.

3) If the market opens between 2021 to 2030. Buy after the market has moved up passing the levels between 2035 to 2045.

4) If the market opens above 2060, the market may go further up

5) If the market opens below 1945, the market may fall further.

6) If the market opens other than the above, it is your call.

7) Please refer to #6 ( see posting dated 12th January 2009 )

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Have a nice trading day!!!!

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Some Say Market Is Going Up

Friday - 20th March 2009

9.02 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for Jun contract open at 1925 and closed at 1911 yesterday. The highest was at 1945 and the lowest was at 1893. The market ended a black bar.

The market open at 1925 and immediately shot up to 1940 at 10.31 a.m. ( see A ) and moved further up to 1945 , the highest of the day, at about 10.32 a.m. ( see B ). The market then retraced steadily from 1940 to 1930 for about

7 minutes. ( see C to H ) and closed just before

lunch at 1927. The market moved further down in the afternoon and finally settled at 1911.

If you look at my forecast yesterday ( see # 1 ), the market open within the forecasted level and moved up steeply to 1945 from 1925, a difference of 20 points. This fast movement could have indicated a false alarm but the linggering of the market ( see x and y on the graph - also see my previous postings on this matter ) between 1930 to 1940 showed that the movement could not have been the false alarm.

So had you decided to short ( if you were not sure, just stay away from the market ) , say at 1935 or even at 1931 - 6 points above the opening level - you would have been able to make a profit of 10 points , if you decided to close your position before lunch. If you prolonged your decision to close your position after lunch, the profits aquired could have been from 20 to 40 points.

Today

Well, due to some reasons, I am not able to do any forecasting for today. Those who have been following my blog may probably have the idea of how to go about forecasting the market today.

Have a nice trading day, guys!!!

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Running Out Of Luck : Episode 2

Thursday - 19th March 2009
8.45 a.m. - Malaysian Time

The CPO ( Crude Palm Oil ) for June contract open at 1932 and closed at 1905 yesterday. The highest was at 1948 and the lowest was at 1905. The market ended a black bar.

The market open at 1932, moved up to the highest of the day at 1948 and then retraced to close at 1936 before lunch. In the afternoon, the market open at 1935 and finally closed at 1905, the lowest of the day.

The market open within the forecasted level but did not , again, move as forecasted. So, theoritically no money was lost and gain yesterday.It seemed that the market is, again, now in the sidelines position. As I have mentioned in past postings, when this situation occurs, one has to apply the Contrarian Effect - buy when it is supposed to sell and vice versa. My forecasts for the past few days have gone 'crazy', don't you think so?

Today

In the long run, the market is said to be in the sidelines but the very short term, the market is still bearish ;

1) If the market opens between 1915 to 1928. Sell after the market has moved up 6 points above the opening level. Be careful of the false alarm and do not forget the stop loss. The opening of the market would be more significant if the market opens more towards the upper side of the 1915 to 1928 levels.
2) If the market opens between 1929 to 1938. Buy after the market has moved up passing the levels between 1944 to 1955.
3) If the market opens between 1905 to 1914. Sell after the market has retraced and passed down the levels between 1895 to 1900.
4) If the market opens between 1871 to 1890. Sell after the market has moved up a bit and then falls 5 points below the opening level.
5) If the market opens other than the above, as usual, it is your call......what else can I say?
6) Please refer to #6 ( posting dated 12th January 2009 )

If you are not sure.........

Have a nice trading day.....

P/s Benjamin Nethan Yahu.......who is he? Invisible founder of Yahoo ? May be, who knows.
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Running Out Of Luck ?

Wednesday - 18th March 2009

8.45 a.m . - Malaysian Time

Sorry for not being able to analyse my forecast on last market performance on Wednesday dated 11th March. This was because I encountered with some internet technical problems with my service provider. In fact on 12 and 13th of March I was left stranded and not able to access my internet service at all. This is what technology is all about. If it fails, there is nothing you can do. You can simply just look at the sky and blink your eyes.

Enough of this nonsense, let's us talk about dollar and sense now. If you look at the chart, the market may look like establishing another sidelines unless today's market ends a black bar and lower than yesterday's bar.

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My forecast for today;

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1) If the market opens between 1918 to 1940. Sell after the market has passed down the levels between 1908 to 1913.

2) If the market opens between 1903 to 1913. Sell after the market has moved up a bit and then falls 5 points below the opening level. The market may fall further if the levels between 1892 to 1897 are breached.

3) If the market opens between 1945 to 1948. Buy after the market has moved up passing the levels between 1953 to 1960.

4) If the market opens between 1953 to 1962. Buy after the market has retraced a bit and then moves up 5 points above the opening level.

5) If the market opens other than the above. I don't know, it is your call, don't ask me, my luck is running out!!!!!

6) Please refer to # 6 ( posting dated 12th January 2009 )

Ok, that's about it. If you are not sure, just contact your dealer.

Have a nice trading day!!

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A New Breakout?

Wednesday - 11th March 2009
8.30 a.m. - Malaysian Time

It seems that the market has already broken the level 1940 ( see my last posting) and a new phase of market movement is expected to occur. Anyway it is still hard to say either the market will move further up/down or will be floating at this sideline levels before deciding to a new phase.

Today

My forecast for today's market is as follows ; ( sorry, no chart this time )

1) If the market opens between 1993 to 2010.

~~~~1.1 Buy after the market has moved up and passed the levels between 2015 to 2021.

~~~~1.2 Sell if the market has passed down the levels between 1982 to 1988. The market may retrace further if the levels between 1965 to 1971 are broken.

2) If the market opens between 1968 to 1992. Sell after the market has moved up a bit and then retraces passing 5 points below the opening level.

3) Please refer to #6 ( 12th January 2009 )

That's about it. guys. If you are not sure......

Have a nice trading day!

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Contrarian Effect Still On ?

Tuesday - 3rd March 2009
8.30 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for May contract open at 1881 and closed at 1871 yesterday. The highest was at 1904 and the lowest was at 1868. It was a black bar.

The market open within the forecasted levels but the movement was not on the expected direction. It, in fact, moved against the yesterday's forecast. It seems that the Contrarian Effect ( buy where you are supposed to sell and vice versa ) is still operational ( see yesterday's postings ).

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If you look at the chart, the market is now in the sidelines phase. In normal circumtances, during the sidelines situation, the Contrarian Efffect always in existance.

Unless the levels 1940 or 1850 are broken or when the market opens above 1940 or below 1850, the new direction of the market will not be determined at this moment.

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That's about it.

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P/s The Israelis are planning to demolish 88 houses of the Plestinians to make way for a new housing project.

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Have a nice trading day, guys!!

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Selling Insteads of Buying And Buying Insteads of Selling

Monday - 2nd March 2009
8.45 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for May contract open at 1865 and closed at 1895 last Friday. The highest was at 1919 and the lowest was at 1862. The market ended a white bar.

The market open within the suggested forecast but did not move according as what has been forecasted. So, you are back to square ones.

Today

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If you look at my forecasts for the past 2 days ( last Thursday and Friday ), it seemed that the market reacted in a contrary to what have been suggested ( Contrarian Effect - see my previous postings). On Thursday, the market open at the level where it 'should' move further up but instead it fell down. The same thing happened on last Friday whereby the market open at the level where the market 'should' be falling down but insteads it moved up against the forecast.

My forecast, in brief, for today would be as follows;

1) If the market opens between 1890 to 1920.

~~~~~1.1 Buy after the market has moved up passing the levels between 1923 to 1929. It would be more significant if the market opens more towards the upper side of the 1890 - 1920 levels. Any profits, just lock them up.

~~~~~1.2 Sell if the market retraces and passes down the levels between 1880 to 1886. It would be more significant if the market opens more towards the lower part of the 1890 - 1920 levels.

2) If the market opens between 1865 to 1885. Sell after the market has moved up a bit and then falls 5 points below the opening level.

3) If the market opens other than the above, it is your call. You can call anybody you like.....

4) Please refer to #6 ( 12th January 2009 )

That's it, if you are not sure......up to you, it is your money

Have a nice trading day, guys.

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