The Way ICnFeel The Market Archive:

19 June 2006:Wake up Singaporeans! Wake up not to football but how to buy and invest in stocks. Majority of investors are gullible. They have soft ears and a love for tips, insider news, recommendations and amateur reports.

My student asked, "When Singaporeans shop for cars they put in a lot of efforts like test driving, reading the brochure, comparing prices and comparing brands, calling friends for feedback etc." But when it comes to buying stocks, they are the opposite. They believe what their friends say and what brokers recommend. Within 5 minutues, they are decided and they will pick the phone and instruct, "OK buy for me 50 lots" or they log on to the internet and click a buy.

Singaporeans take 2 months or more to decide whether to buy or change their cars. But when it comes to stock investment, Singaporeans take only 5 minutes to commit $50,000 in stocks. A car is a negative asset but it is depreciated over 10 years. A stock is an investment asset which could appreciate in value or depreciate in value depending on many factors. In the recent market meltdown, many stocks especially the speculative China stocks depreciated from a minumum 50% to 80%. In a investment of $50,000 these investors would have lost a staggering $25,000 to $40,000. But to many battered and bloodied Singaporeans, they will self-console themselves, "It is only paper losses. Dont worry the stock price will rise again if not I will simply collect dividends."

Many investors are treating stock investment like a casino. Their concept of the market is "It is either up or down and the chance is 50:50." They have no idea what is investing. They have no idea how to manage their nest-eggs. Most of them squander their wealth away in a careless manner.

In a developed country like Singapore, the seed of poverty is greed. Because of greed, a man loses his wealth. But there is another source of poverty among Singaporeans these days - it is LUST. Lust drives them to murder. Lust sinks them and brought shame and hardships to their families. Because of lust, man falls prey to the many Wu-yas in Singapore. But lust combined with love is a dangerous potion - it drives a sane man into insanity. It is the equivalent of drive-and-drink will lead to a fatal crash. Lust-and-love will lead to a fatal crime. This is Singaporean's favorite murder license - Kill for lust and love. Foreign women, beware of local men!

"What are the similarities between China stocks and China girls?" I asked my friend. He answered, "They are very hot and lovely in the beginning and they bankrupt and kill you at the end." Wake up men! The first rule of lusting says, "Never shit in your own backyard." And the second rule is, "If you lust, dont love." But bear in mind the third rule, "You shall pay for it in hell."

ps: 'China girls' refers to those 'wuyas' who fly their ugly trade in Singapore. I sincerely apologise if anyone is offended by some description. I like to put in record that the majority of Chinese women in Singapore are decent and morally upright. World Cup

15 June: Ole ole ole! Brazil won. Germany won. England won. Argentina won. I am enjoying my World Cup.

Why fear when the market is down? Warren Buffett said, "Buy when the people are selling. Sell when they are buying." Simon Sim said, "Watch World Cup, drink beer and buy cheap stock." Yes yes yes...the market was crashing but who cares and who is worrying. To be honest, falling prices are the happiest news for those who is cash rich. OK will not write too much... I am going back to watching football. Watching World Cup is my happiest time and it comes every four years. I dont bet football .... I simply enjoy the beautiful game. World Cup is a month of peace and global happiness. In fact, it brings the greatest joy to the poorest.

The stock market is a game the fools love to play - they buy when it is highest, they sell when it is lowest. The fools love to play not knowing they love to lose. If you tell them that they will slap you in the face or deny it at all cost. But thats what the psychologists had been saying and I dont think they are wrong to say that. For 300 years, the statistics said, "80% are losers and 20% are winners." What they do not know is they do not understand the market and they do not know what they are doing. 2,500 years ago, the great sage, Confucius said, "He who knows not and does not know he knows not, he is a fool." The survival rule in trading is, "If you do not know, do not come out to play." If you want to play make sure you know first. It is as good as saying, if you do not know how to drive a car, dont drive; go to school first. And even if you know how to drive, should you drink you should not drive. Wisdom is our best weapon. Folks, I am going home to watch England play.

7 June : Cheers! Two more days to World Cup 2006. Many punters should be cash rich by now. They will put their capital betting on a round ball - win or lose, how many goals, first half, full time, total # of goals for the entire tournament and who will win the golden boot. I have warned much earlier that many smart investors will quit the stock market before the World Cup and the stock market will thin off and go into sleep mode while we "Ole ole" and drink beers and chew kachang to keep awake. You can be sure many employees will be half awake during office hours.

It is keep track of time:
Apr 27 Nomination Day
Apr 28 UN Ultimaturm for Iran
May 06 Singapore Election
Jun 02 BOC Ipo
Jun 09 Opening Ceremony
Jul 09 Final
Aug 09 NDP Aug xx Ghost Festival Sep xx IMF Meeting in Singapore
Oct xx BOC launching local currency shares

22 May 2006: Readers were asking why there isnt any update after the General Election? I did ask our readers to lighten up when we smelled and saw the risk. Then I went to sleep and let the market speak. The market did not just speak.

It shrieked and heralded in a bear market, breaking the mini-bubble created by the Election since late 2004. Remember, the rumors of Election started in late 2004, was blown into 2005, and finally made known in April and set for 6th May. Election-eering (election-engineering is a science) of the stock market was way over cooked, resulting in a mini bubble. Bubbles when prick will explode but most explode by its own hot air. And when bubbles burst, everyone offers their hindsight and circumstantial and coincidental reasons. In the end, nobody is wiser. Unless they look far back into the past will they understand. A revolution today can be caused by the death of an insignificant peasant but its birth was years before. Today, the half blinds said the market meltdown was caused by the fear of US rates hike. Far from the truth!

The market came down because there was no more good news to support it and bubble had too much hot air. The 20 months long wait for the Election drove the market to what is was, 2666 high, and in a recognizable five waves pattern with many telltale signs of a market in excess and overweight. Combined with a World Cup capable of siphoning liquidity from the market, an Iran dammed on challenging the might of USA and wrecking Israel, the hijacking of liquidity by mega IPOs Chang Beer and Bank of China, the the stage was ripe for the market to correct. I had hinted of it and asked everyone to lighten up. On the 24th of April, we wrote to warn our subscribers:

"What is time telling us? April 27th, is nomination day .... the Election is on May 6th. Election-eering factor will be stale and old news in another day or two. The rule in trading is - Buy on rumors and sell on fact. And this will be the state for the market. April 28th is UN resolution against Iran. Will there be sanction against Iran or will there be war against Iran. Now this is a delicate issue and can be nervy for the stock investors. Whether you like or not, the Oil prices are showing nervousness, going to $75 per barrel. Technically, it can rise to $100. And this can only happen if the situation worsens. Iran is hard-headed. If the road ahead is spiced with uncertainty, the way out is to sell down to a comfort level. Lighten up is always an option."

Thus a small prick caused by the "fear of US hiking rates" burst it. Markets are illogical but intelligent enough to be associated with reasons wise enough to fool the average people. Today, a small bubble can cause so much pain. What will happen if a big bubble were to burst?

The market is into a bear correction phase to correct the bubble it created. But the Bull Run based on the Joseph Cycle is not over yet. Technically speaking, the rise to STI 2666 is gonna be the top of wave three, and it is entering into a wave 4 correction. It is a cooling down phase. Once wave four is over, we can look forward to another bubble but this time it will be much much bigger, more violent, very unyielding and nail stubborn, but should it explodes, the planet may tilt a couple of degrees to the bottom. When it comes, it will be like a Tsunami, pushing everyone up into ozone level and then sucking everyone down into hell.

So if you had lighten up, be prepared to buy another ticket and wait for the most exciting ride in the wave cycle. I wrote in my book, the investors who lose this round will be back with a vengeance. All healthy markets must correct and all corrections are healthy to the market. If you like to know more about wave 5 and its emotion and frenzy, go buy this book "The Joseph Cycle - Will the STI rise to 4,300?" Or attend our training course.

In January of 2006, when ALL analyts agreed that the market will head higher, I recognized it as a sign that a crash will coming. Sure it did, 4 months later, after our General Election. You dont need to be smart to analyse the market. You dont need a degree to be able to call market tops and bottoms. You only need to be street smart and wise. You need the years of experience, the wisdom to know and the luck to time it. Remember the wise saying, "The crowd (of analysts) is always wrong."

On May 9th, I wrote about Warren Buffett's secret intention and how he is going to use his cash hoard of US$45 Billion dollar. He is waiting to buy good stocks dirt cheap! A couple of months ago, he came up with a US$14 Billion to sell an insurance premium plan guaranteeing to compensate investors should stock market crash. What does these two moves tell you? He is dammed bullish! Mr Buffett maybe old but he is not senile. Mr Buffett is a Jew and he understands what Joseph said to the Pharaoh of Egypt. He knows the big picture. I will take a ride on him. In the meantime, I will continue to hibernate and come out to check for sunshine once a while. When the bear is out, it is time to sleep or go write another book. I have been doing that 10 days ago.

What will my third book be? In May 2006, I authored a 2nd book titled, "Survival Rules and Habits" a survival and self-improvement book for kids, teens, adults and family. This time I am writing a book with the title "The Rules of Trading and The Art of War" for traders and investors. It is a trader's bible and I wanted to title it so but decided not to. It is a two books in one. The Art of War, 45 pages, was written by Sun Tzu. The 190-page book is complete and should be ready by September at most. If you wish to buy this book before it hit the bookshop and at a pre-launch price of $18.00 + $2 postage, please send me an email with contact number.

9 May 2006: Cheers! The Election was over. The nation had expressed her wish that the PAP will govern another 4 years. Cheers to the PAP. Cheers to the voters who voted it right. Cheers to the stock investors who voted it up. The blue chips rose to the occasion and raise the STI 30+ points at one stage. But behind another drama will be unfolding - Go Mesh Unable To Go Home. He will be in real trouble for the prank/joke to cheat the Election Department. The law came down firm against NKF's Durai. Now the same law will fall hard on Go-Mesh-It-All-Up and the Workmen working hard to keep him out of jail and to distance themselves from the hero of the drama.

Good news: Warren Buffett is going to invest all his cash hoard of U$45B. A month ago, he put up a U$14 Billion guarantee (selling insurance) that the stock market will not fall. Ho ho ho...he is suddenly so bloody bullish - a Red Hot Bull. Is he going senile? Or is he seeing a Red Hot China and a Red Hot Asia? Good news again - Middle East nations intend to pour $3-4 Billion into Indonesia after Bambang's ME marketing and sales trip. Three years ago, Malaysia make an effort to woo the ME nations. Recently, Malaysian stocks are rising. In fact, Malaysia has datang. Many funds are seeing red now. After the 1998 crisis, I heard foreign Funds swearing NEVER to put a single ringgit into Malaysia. This is a big mistake. The bull run in Malaysia is mouth-watering. By the time, foreigners decide to invest in Malaysia, the price will be twice high or as high as Petronas Tower.

DJI was higher on Friday by 130+ points; and it is gonna make new high. As I have said, DJI is going to test the psychological 15,000 level just like Nikkei. After that, we will see DJI testing 20,000 just like Nikkei.

Election was over but World Cup Football is coming up - 9th of June. All the good news were probably out or you can say SPH has run out of good news. What is left to print if there is no more good news? During World Cup season, the market will go into hibernation as punter's money will move to bet on goals, kelongs and who will win the Golden Boot, Ball and Cup. Forget about England - England can only win the World Cup if it is held in England. Host Germany has a chance but I rather bet on Brazil's Ro, Ro and Ro.

Surprising nobody is talking about Iran, Nuclear, Sanction, Oil price and war. Hmmmmm...so strange....so quiet now...Maybe every nation has a common understanding, "Football First, Politic Second". So after July 9th, nations will challenge once more, not with Balls but Bombs! Iran is one single factor that can cause a global knee-jerk. Maybe, Warren Buffett knows that and he is getting all his money, U$45 Billion, battle ready. Ready to, once again, BUY GOOD THINGS DIRT CHEAP! That's his trademark. Where else can he buy cheap unless there is chaos in the system or unless there is a Joseph Cycle Bottom. Do you know that Warren Buffett is a Jew? So is Bill Gates. According to a billionaire survey in 1999, out of the 500 Billionaires in the world, 30% were of Jewish origin. Do you know why? Read the BJoseph Cycle book and you will get the answer.

6 May 2006:
Election Jokes 2006:
Goh Chor met Chiam last night. Goh Chor said, "Ha loh Chiam. Wah lang you tong chin ku. I thought you only chiam see tong but now you tong tu tu years. Peh fu you."
Chiam said, "I wanted to retire like you did but that chee*#%se, knn screw up my retirement plan. How? You got any lobang for me after this election? I may be unemployed soon. I tong-cheng him when he was down and never expected him to kick me out and take my wife and baby."
Goh Chor replied, "Dont worry See Tong, we are creating a post for you. You will ...."
Chiam heard and interjected, "What post what post?"
Goh Chor smilingly said, "Like me lah. Senior Opposition Minister. Very relaxing one. We play golf in Batam and talk cock sing song all the time. Once a while, MM drops in and we share MM Chocolate and had a jolly good laugh watching the 20-year-old erection videos. There is a grand plan to make you the Mentor Opposition, so you can guide the wayward members of the WP especially that Go-Mesh-Up, Saliva Lim and Low Chye. Our grand advisor thinks making you a MO will be good for Singapore."

At the SDP opposition camp, Chee SJ was encouraging and motivating his cumrades to fight back and to meng kia the PAP.
Chee said, "Dont worry cumrades. PAP will cannot sue me because I am a bankrupt."
Ling jumped up and shouted, "Aiyo Chee, we kanna also. You think we are stupid. You are asking us to join you to become bankrupt. KNN we got family to support."
An angry party member spoke, "Go-Mesh-Up screw up the WP and tried to play cheat on the PAP but you want us to join you become another bankrupt and you think you can screw the PAP. You please go fight the PAP, I better run. You go-mesh-up your life. I dont want to-mesh-up my personal life and miss Batam weekend."

At a hearing into the secret video camera...
The Chief asked, "Who installed the camera and for what purpose?"
The Election Dept head replied, "Sir, it was my order. We intend to catch the sexy opposition candidate who took naked pictures of his maid and himself. We are afraid he might strip in front of our staff."
The Chief replied, "Good prevention. You have foresight. Now we caught a bigger fish, maybe even the whole school. This is a lesson for all opposition party not to Mesh-Up the PAP."

At Block 164 Hougang Coffeeshop, two voters were having coffee and go-siping.
Ah Tee said, "I hear this Go-Mesh is a PAP spy."
Ah Gong said, "How can? You think like that, then Saliva Lim also PAP spy. Not possible."
Ah Tee said, "Then tell me what you hear from over the fence."
Ah Gong said, "They recced the Election office and thought no camera but wah lah, the Election Dept hit a camera inside a flower vase and the WP kanna caught. This time they chia-lat. No need PAP to sue. Election Dept will purse-sue Go-Mesh. ED want to save face. This WP...I dont know what they are up to. Do crazy thing. Like that, how to trust them."
Ah Tee said, "Now all opposition got no face. Chee no face. Go-mesh-up lose face. Low will lose face also. Chiam still clean but behsai tong liau. He got no young blood. Poor Chiam, he will be unemployed soon. You think he can sell kachang puteh without permit?"

Who will win the GE today?

4 May 2006: I rather live with higher cost than live with sex maniac and liar. What kind of opposition are we seeing in Singapore? The Go-Mesh-It-Up scam is a cheap trick. It is an old trick. The opposition think they can catch the PAP by surprise and shock. But luckily there were video cameras to proof them wrong; the cameras caught them red-handed for trying to cheat the Election Department. How can we trust such opposition? Where is their Honesty and Integrity? How can I trust them with my future? How can I trust that they will protect the national wealth? Educated Singaporeans must take a stand and send a strong message to the Opposition - if you play dirty and put in dishonest people, dont hope to get our votes. I am very disappointed with the quality of our Opposition. With such a colorful credentials like sex and speeding, I would be too ashamed to stand for Election and to ask the voters to vote me in. Do you Steve Chia can protect our daughters if he is to be the next Prime Minister of Singapore? Aiyoyo.. what kind of opposition. I nearly faint when I hear of Gomesh Cheat Scam. I fainted when I heard of Stevie Sex Scam. High Noon this Saturday - dont forget to vote. Vote wisely. Thank God I dont need to vote. Pasir Panjang has no need for opposition. The people are very kwai kwai and very happy.

Market enters into Election mood. So expect flattish tone and watch the market on Monday - if Opposition wins, market will collapse. If PAP wins handsomely, market will rise. If PAP wins on lesser margin, expect a knee-jerk sell off. Bulls will vote for PAP. Bears will vote for WP+SDP+SDA. If you are sitting on a $100,000 portfolio of stocks, you should be voting for Mr Bull Run.

2 May 2006: Which bank stock will rise the best on Tuesday 2nd May?
Who will shine? Who will rise faster? Help yourself by looking at their quarterly charts at See Free Trial Chart There is a wakeup call in DBS and the bank share is finally coming out of hibernation. DBS will soon be firing on all four cyclinders marshalled by Koh Boon Hwee. But all three stocks will rise in tandem in thus fulfilling the prediction of The Joseph Cycle.

Who will win the World Cup on 9th of July?
The bank I worked for (UBS) is now using my World Cup Theory to forecast stocks....hahaha. In 1990 when I introduced the World Cup and Olympic Theory, many of them were skeptical. There is nothing new - it is simply the application of Cycle Theory to man-made Cycles like World Cup, Olympic and US Election which are every four years. I can see many analysts are going cycle-mad. There is now a greater understanding and acceptance of Cycles in forecasting and technical analysis. I am surprise UBS pick Germany to win. I am sure Brazil will take the Cup unless there is another France 1998 episode where Brazil "gave the Cup" to France without even a shot at goal. Ronaldo was shooting skyward not goalward. It was the world's biggest, engineered and political KELONG! It is hard to trust those people at the top unless it is run by PAP.

Who will win the General Election this Saturday 6th of May?
Hmmm...this is also a Cycle but it is going to be a repetitive Cycle of Victory....the PAP will again romp home victorious....that I am sure. I am surprise today's young oppositions are still capable of lying and think character assasination is the right way to win votes. And more surprising is a sex-offender who still has the cheek to stand for election. And I am surprised that Chiam See Tong chose to live with this black bear. The Opposition is going into self-destruct even before the final battle.

1st May 2006: Who will you vote in the 2006 GE on May 6th?

PAP People's Action Party for "you-go-first" Lee
WP Worker's Party for "go-mesh-up" Low
SDP Singapore Democratic Party for "join-me-bankrupt" Chee
SDA-Chia Singapore Democratic Alliance Party for "wonder-play-boy" Chia
SDA-Chiam Singapore Democratic Alliance Party for "tong-chin-ku" Chiam. Think he should rename his party to Democratic Alliance Party DAP as he suggested merger with Malaysia.
ECB EChartbook for "more-bull-run-years" in Joseph Cycle

Answer: _______________________

How to vote?
Vote with your feet on the ball, the head on the goal, the eyes on the objectives, the ears on the ground, focusing on the capacity to weather storms, preparedness and the best plan for the common good of all.

PS: This is not an attempt to manipulate election but a reminder to vote. PAP, WP, SDP and SDA are registered political parties while DAP and ECB are just for humor.

29 April 2006: Red ink on all China stocks. Why? Chinese authorities are forcing the economy to cool again by raising interest rates. The preparation for the 2008 Olympic and the competition for resources will force the Chinese authorities to set their priorities right. So gahmen linked chinese stocks should fare well but non-gahmen companies will have problem.

Top gainers in Singapore was Venture gaining 80 cents and DBS gaining 60 cents to close at $17.80. The bank stocks are about to move to a higher gear. Technically, they have been rather sideway for the past 4 years. It is about time they raise the foundation but that effectively can trigger a boom in other stocks. But at the moment, the reason for DBS rising is attributed to this man Koh Boon Hwee. He was seconded over to run DBS in Jan of 2006. We all know, the reign of Frank Wong and Company has skyrocketed salaries. They were hiring and paying top money to any talents and friends. Poor Dhana, he was totally out of touch. Now with young Koh, a former top gun from HP and SIA, he is determined to massacre Cost and at the same time raise Performance. Mr Koh was my tutor while I was a first year BBA student at the then Singapore University (now NUS). This young man is sharp, intelligent, brainy, a smiling tiger, a leader and is one who is reputed for achieing his goals. He is a goal-getter. His "call" into DBS is a wake up call to all those old deadwoods in the bank and those overpaid-n-underperforming brasses called Little MDs or Little Princes. There are rumors (and truths) of "heads will roll" and with the new motto "perform or else quit" are sending shock waves within the empire. DBS surely has a acquired a new broom. DBS will be a bank with a difference. With Temasek as Ah Kong and Koh as Kong Sun, the future is very very bright.

In the past, DBS was a gahmen bank with gahmen-working attitude. In the past, fund managers and employees were embarassed to find DBS prices trading below UOB and OCBC. With Koh Boon Hwee in the helm, this will be history - in the coming future, DBS stock prices will be $3-5 premium over its nearest rivals UOB and OCBC. He is a tough man like my ex-boss from UBS, Mr Lim Ho Kee. They are tough bosses but they can turn companies around. See what Lim Ho Kee did to SingPost - he even move into pawnshops biz. So what! Making profit is important. Ultimately, the share price rose to $1.30, a doubling from IPO price. Mind you, Koh and Lim are very good friends too. They cannot tolerate non-performers or those that talk only and no show, and they do not hesitate to ship out non-performers. But I can say, Mr Koh is much more tactful.

In the past, I forecasted, using Technical Analysis and The Joseph Cycle, that the bank stocks like DBS, UOB (and OCBC) will rise to $21 ($10) and DBS will rise highest. I am still confident and will be right. Few dare to believe then and thought it is impossible when the stocks were only trading around $12-14. Today, with the economy growing at 9+ percent and with Koh Boon Hwee's leadership, I am sure DBS will be the first to hit $21 ..... but beware, adding the premium of $3-5 would mean DBS rising to $25. Dare to bet and invest on Koh?

Since the day OCBC split its share (in the US they called this share split, in Singapore they called this bonus share which has the magical effect of making every holder happy becoz now he has two shares instead of one. Local investors are quite ignorant and easily pleased), the bank has been conducting share buy-backs. Share buy-back is a positive sign that the stock is a good stock and the future is good. The split favors the small investors which can also mean demand. But I will expect, DBS and UOB will follow OCBC's split road so as to compete at a level ground - single digit price. Trading wisdom says one must buy the stock that split. Why? After splitting and after one year, everybody will think that the stock is cheap. Usually, these stocks will rise back to before the spilt price even without an increase in performance. And if you have performance, the share price will rise to new highs giving holders a handsome windfall. A final parting word on investing on banking stocks - "You seldom lose buying bank shares."

On Friday, Venture was the top gainers rising 80 cents. Do you know why? Is there further upside potential? Check the chart and you will know. Subscribe to our charting applet. It only cost $108 for a year, giving you access to 800+ stocks and warrants. You dont need realtime charting to be successful. Warren Buffett will tell you so. So why pay $400-500 per year and find yourself eyeballing the LCD monitor watching ticks, and wasting all your precious time instead of working for your employer. Dont you think you are cheating your employer? If you agree to take salary, you must work at 100%.

You can do what I do. You can learn how to forecast and feed yourself. Learn forecasting and technical analysis. If I can teach dealers (and central bankers) to be successful, I dont see why you cannot learn and be successful. I run my own school and run courses training the average investors. All I can say is "It is faster and more effective to learn from us than from the market. It is 10-50 times cheaper to learn from us than to learn from the market." The choice is yours.

Have a happy May Day Holiday on Monday. This Tuesday, we commenced our 5th Equity Course - Technical Analysis For The Average Investors. The course runs for 10 weekday evenings, a total of 30 hours, with three trainers (ex-bankers).

28 April 2006: Two days ago, OSIM threw a bombshell announcing huge losses marketing in USA market. How on earth can Osim lose in a market with a population of 300+ Million high spending Americans? It is hard to stomach. It is as good as telling the investors PAP lost Pasir Panjang (sorry no contest in this GE. Pasir Panjang was built on a bedrock). Immediately, after the announcement, of course the share price plunge, from 215 high to a low of 188, leaving behind a big gap. Gap like this is not good, technically speaking and it is saying, "more bad days coming". This is a scary thing as many investors in the past were slapped till "blue-black" seducing darling hothot stocks like CAO, Citiraya, Accord and Informatics. All these four CEOs cheated leaving investors with a ton of losses. One very unlucky investor jumped in to buy 300 lots of CAO at $1.30 thinking it was a romantic "steal" and a virgin buy. He ended up losing $390,000 as the share was suspended a few days later. He was just one example....but I can tell you many innocent elder-folk investors did likewise and were mauled and crippled; their life's savings disappeared into thin air. I heard negative comments about counter sales from buyer's observation.

Investors must learn how to invest like Warren Buffett - you must know their business and treat buying their stock as buying into the business. So before you put money into the hands of the CEO, check them, visit them, spy on their sales, watch the sales at the outlet etc. Mind you, $390,000 is not peanut money. To Warren Buffett, there is no such thing as peanut money. To him, every dollar is precious, every dollar is hard earned cash, every dollar is from blood, sweat and toil. If you have such a trait, you are very likely to be a future millionaire. The great Singapore Philanthropist Lee Kong Chian, an icon of Singapore, was one fine example of a thrifty and frugal man. He was very very rich and his name was edged in many educational institutions and hospitals he supported. A hole in his shirt will be stitched; our kids will have given it to the kalanguni man without hesitation, the young mothers of today felt embarassed if her kids were to don patched-up clothes. Lee Kong Chian did not hesitate to reprimand his children and grandchildren for wasting even a drop of electricity and water.

Coming back to Osim - with broking houses downgrading it, expect funds to exit in busloads and re-parking their funds elsewhere. Where? Technology stocks have been in a doldrum since Jan 2004. You can find many gems like pearls, diamonds, rubies, gold and silver.

The value of money: If you lose a dollar today, it is a dollar today BUT it is equivalent to FOUR dollar at the end of 10 years if this ONE dollar can be utilize to generate a return of 15% per year. Yes today, the value of a dollar is a dollar but the future value is worth four dollar.

27 April 2006: Election in in the air. Friday, April 28th is hours away. The Iran-ball will have to be kicked. 20 years ago, in Russia's Kiev, Chernobyl Nuclear Reactor exploded. A second explosion would have destroyed the entire Europe and Russia. Fortunately it did not. Thanks to 500,000 Russians summoned to the rescue but they all risked radiation. Sadly, many many died with nobody knowing. Without the effort of the 500,000 Russians, the world will be different today, and Europe would be a inhospitable place to live - a vast wasteland. It cost Russia US$18 Billion to stop the second explosion + cleaning up, but ultimately, it bankrupted the Empire. Since then, Russia promised never to develop another nuclear plant. On top of that, Russia decided to destroy 2,700 of its long range missiles armed with nuclear-warhead, aimed at USA. Russia began to understand that we are living in a inter-dependent and inter-related world. Russia finally realized the huge danger of nuclear.

But far away in the Middle East, Iran is determined to experiment and be a Nuclear power. The terrible disaster of Chernobyl was 20 years old. Today, chernobyl is still a ghost city with 20cm of its soil contaminated. If Iran has Nuclear and should there be a repeat of Chernobyl, the entire world will sink into chaos - oil will be contaminated and every nation and manufacturing will grind to a standstill. There will be global hunger and 3/4 of the earth's population will starve to death. This is worse than having a Bird-flu. I hope Iran wakes up and realizes its collective global responsibility.

Putting politics aside, the undervalued tech stocks like CSm, UTAC, DC, VC, Statschp are enjoying a revival. The two years bear market seems to be giving way to a bull revival. The obvious reason is - rotation. The true reason is there could be undercapacity due to the prolong bear market, or there could be fresh demand becoz of global tensions. Once again, I like to reiterate that the world depends on technology or technology is driving the world. The world can never live without technology. In June of 2005, the property stocks were in doldrum. In Nov of 2005, China stocks were in doldrum. In Apr of 2006, the tech stocks are in doldrum. Folks, it is rotation - smartmoney moves from sector to sector. If I am not wrong, then the tech revival should last 3 to 4 months. If you want to ride the tech stocks, you must know the first liner, the second liner, the third liner and the fourth liner stocks. What liner? Not ocean liner lah. If you want to know, goto school. Attend our school of trading. I am hearing complaints that there are many unqualified people in the market pretending to be qualified teacher-technical analysts, with less than 5 years of experience, daring to offer training plus guarantee instant successes and winnings. All I can say is, "Beware of cons. Learners beware!"

26 April 2006: Many subscribers asked, "Why do you stop stock recommendations? We subscribe to your website because of your stock ideas, they are pretty chun." Yes, I have to stop recommending stocks. The reason is - since 2004 April, my company was granted the status of exempt Financial Advisor company. According to the law, it is an offence to make stock calls to the retail. Exempt Financial Advisors can give advise to not more than 30 high-network clients. In the past, I cannot understand why those stocks I called churned out top volume, but I suspect there were many free riders. The fact is I can be charged for market manipulation which is a fine-able and jailable offence. It is not easy to obtain a FA company status. So why should I risk it and risk being fined $10K to $100K. I hope my subscribers understand the situation I am in - it is better to toe the line.

Of course, many people said we can "hide/masquerade recommendations under education". But I dont think I like to try nor think the authority is that stupid. Chee Soon Juan and Co may think so and risk it, but I will definitely decline to be a hero. In trading, heroes tend to die early and young. Dont ever test the PAP on the values of Honesty, Integrity and Trust (HIT). If you blemish it, expect PAP to HIT you with a big stick. Reputation is the lifeline of a political party. Our body can rot in the grave but our reputation lives on.

To break the rules for some small subcriptions, is that worth it? Who will pay my fine of $10K or more? I rather forgo subscription money than risk losing my livelihood. So if you are a subscriber feeling that you are not getting what you want, it would be nicer to part company and remain as friends.

There is a better solution - learn. Attend school. I run training school. Why ask for fishes? Learn how to fish. Ask not for dead fish but ask for a fishing rod. If you still have years ahead of you, invest in learning and learn a lifetime skill. Find a knowledgeable and worthy teacher who can guide you and impart his knowledge and skill to you. Dont learn from half-blinds. Check their backgrounds and credentials and ask, "Is he qualified to teach me? Am I in good hand?" In the market, there are many so-called teachers with promises of instant successes and million dollar profits. Beware, the wisdom of the wise says, "There are many wolves clothed in sheep's clothing holding a golden stick."

Similarly, in the coming Singapore Election, vote for the best, asking, "Can this party leads the nation, preserve my wealth and protect my children?" How do you feel if one day, you wake up to find a guy by the famous name, Steve Chia, as the PM of Singapore? You all know what he did to his maid. Italians are a big joke, they allow prostitutes to become MP. Only in the US will you find President having sex with an intern in the Oval Office. Oh how sick! I am tired of all these sleaze. I just want a clean party and a clean government. I will surely give him my precious vote.

25 April 2006: Someone asked me, "Did you cause a knee-jerk in the market today?" How can I? The market is so big; the universe is even bigger; I am just a small fish in a big ocean. Maybe Xpress did? Darling Xpress was the best performing stock in Singapore since Jan 1st, rising 525% from a peanut low of $0.06 cents to astronomical height of $0.315 cents. Yesterday, the company announced it raised S$21 million from placement of 90 M shares. Out of no where, at express-speed Xpress beat all stocks in Singapore to be The # 1 gainer. It was a romantic fairy tale of get-rich-quick. So did Xpress sell out? Prior to the express run to 0.315 cents, the OBV increased by 250 million. And this month alone, the total volume was another 400m. Wonder whether all these data shows sign of accumulation or distribution? But at or near market tops, many donkeys will run like race-horses. So if you are streetsmart, this is a sign to exit with profit.

Joe Fong is a #1 Businessman. He was my univ classmate in 1974, arriving with his noisy pair of clogs. Another big-wig classmate of ours, is Peter Lim, the famous remisier king famed for his marital saga and the Raffles Town Club saga. Joe is an excellent salesman and I am confident he will do well to expand his business. You can say he is a born-again entrepreneur. I guessed like every investor, he hopes the share price can rise to IPO high of $1.90 back in 1999. With $21 m cash, the company has the muscle and the opportunity to realize that dream. Personally, I will share this dream if the price can pullback to 18 cents. Why 18? Leave it to you to find out.

April 28th - the world faces up to Iran. What will the world do? Give in and hope for the best or have the moral courage to do what is RIGHT? The Nuclear-Iran-Oil Trinity is a torny-touchy issue. If you dont give in to Iran, the oil price will rise. If you take away their Nuclear Ambition, they may down ships plying the Straits. If you touch them, they may torch the world. Iran has portrayed itself as a bad boy and bad boys should keep away from Nuclear. US has portrayed itself as a Batman and its duty to keep the bad boys out and peace in. You and me can only pray for the best and let God do the rest. If you cannot sleep well tonight, sell down to your sleep level tomorrow.

In a world with potential chaos, it is better to VOTE THE BEST and trust they will do better than the second best. I heard some educated Ah Sohs are saying they do not mind "giving" their votes to raise an opposition. This is irresponsibility. Singaporeans are taking the "good times" for granted, thinking they can afford to let in "lousy opposition". They boh-chai-see and think beh-yeow-kin. In trading, the wiseman has this to say, "In times of uncertainty, buy bank stocks" or "Flight to Quality". Why? Banks are the best, proven and safest. So in a era of uncertainty, VOTE THE BEST. There is no other alternative. Some people may not like LKY, some people may not like LHL, and some people dont like me too. These are personal. Voters must not vote based on emotion. In the past, when I was a young man, I hated the PAP because of parking tickets. I wanted to scatch my vote but on second thought, I did not and I voted rationally, putting aside the "fine frustration" and relegating it to reason and evasion: "i-cheat-i-pay" and "a donation to the nation".

24 April 2006: What is time telling us?

April 27th, is nomination day....the Election is on May 6th. Election-eering factor will be stale and old news in another day or two. The rule in trading is - Buy on rumors and sell on fact. And this will be the state for the market.

April 28th is UN resolution against Iran. Will there be sanction against Iran or will there be war against Iran. Now this is a delicate issue and can be nervy for the stock investors. Whether you like or not, the Oil prices are showing nervousness, going to $75 per barrel. Technically, it can rise to $100. And this can only happen if the situation worsens. Iran is hard-headed.

I am not able to confirm but I thought there is a WTO meeting going on this week. Can anyone confirm? The result of the meeting is important. ps: It was G7 Meeting yesterday.

If the road ahead is spiced with uncertainties, the way out is to sell down to a comfort level. Lighten up is always an option.

5th Technical Analysis For The Average Investors
14th April, we successfully completed the 30-hours, 10 evenings training course. We are repeating this course in May, first two weeks. There will be a preview on the 26th, Wednesday and 28th, Friday, from 7pm to 8.30pm. The 4th batch students gave much credit to this course. The knowledge and skill they acquired in the 10 sessions were invaluable and truly a life skill, they said. All of them felt that the price they paid is worth 10x. Some said, one good stock pick itself paid for the course fee.

We are running a school. You learn what is trading, what is market, what is technical analysis, how to trade, how to enter and how to exit. You learn what is the most important factor in trading success. And you are learning from ex-bankers, technical analyst and trader, with a combined 50 years of experience.

PS: Today's ICNFeel was broadcasted to all in the mailing list last evening. If you wish to be included in the email list, please let sign up at above.

19 April 2006: One Arabian proverb says, "If the mountain refuses to come down, then Mohammad will have to go to the mountain." So, the stock market refuses to come down and the blue chips led by banks, DBS, UOB, SIA, Singtel, FNN, Kepland, SGX, Venture, all chalked up impressive gains. The result - STI rose 21 points! Is this temporary or lasting? If it is lasting, then they will be driving the STI to 3,000. Or could this be a shotgun all because one angmore issued a call saying the STI will rise to 2,850. Is this a trap - I mean asking the public to buy and the smart money gleefully selling? Stock market is a game. In hard words, they want my money and I want their money. I want to win their $ as much as they want to win my $. Friends, this is war!

But the easiest way to conquer your opponent, long written in history books, is deception. It is a strategy. It is legal but in layman's word, it is called cheating. Likewise, in China if you are not corrupt you are not an official and you wont be rich. In India, you are considered smart if you can cheat your friends. Hello, I am not saying that this should be our culture. In fact, we should detest it and call it "shame". One should not feel proud after cheating someone else. Good winners do not resort to cheating. Shame to the syndicates who spun spider webs and caused the innocent folks to lose their pants. I would not want to earn dirty money. Bear in mind, whatever we did on Earth, will be measured in Heaven. We should learn how to beat the market with knowledge.

Short term, there is market risk. Long term the global markets, anchored on China, India and Japan, will rise. But before the long term arrives, we must swim and dont get drowned. Greed is the greatest enemy in each and everyone of us. Fear inhibits our performance while courage distorts it.

Beware, market may suffer a Election sneeze tomorrow. Then on 28th April, it is UN's Ultimatum for defiant Iran. Oil prices are heading higher based on the rising Middle East tension. But the East is red hot. Why? Instability in Middle East could be driving funds to park in the East instead of the West. The East is now a safe-haven. And with China allowing Chinese to invest overseas, the long term is predictable - UP; it is the Joseph Cycle leading the way.

17 April 2006: Today is 17th of April. Ten days, I have been quiet and silent for the past ten days. Where was I? Hibernating.... I went to my Thinking Cave.

It is time to sum up and think according to the facts:
Iran is defiant. US and UK are disciplinarians.
Oil prices are inching up....in tandem with rising tension in Iran. Technically, it can hit $100 per barrel.
Shipping is vulnerable but insurance may go up. Oil drilling has a good future but not shipping
Gold prices measure the temperature of the world especially in Iran. It is getting hot.
In Singapore, Electioneering is in progress. Election is likely to be held in May. The market has been buying up on Election, for far too long, much to the benefit of all and the supporters.
Then there is the World Cup Football from June 9th to July 9th. The world will come to a standstill, even traffic lights in Bangkok will stop working. But betting, gambling rather, will rise to astronomical heights!
China stocks are as hot as Szechuan chillies; the smoke concealing a mini-bubble. It is now a musical chair in that arena. So dont be the last to hold the time-bomb or else it can blow your hand off.

The big picture is still intact - The Joseph Cycle is still pointing to a peak in 2008 coinciding with the Beijing Olympic. Construction is hot in China as China aggressively prepares to host the world in 2008. They are preparing to welcome and charm the world. It is a once-in-a-lifetime opportunity for China to showcase her grandeur and her majesty. The stock road to 2008 will be a romance for speculators.

But in the meanwhile, we have to face one big obstacle in our midst - a defiant Iran, an Iran that reminds the US of Germany in the 1930s. A irresponsible Iran armed with Nuclear could ignite the doomsayers' Third World War. The US is taking the unprecedented and unpopular initiative of "Stop It Before It Become". In the 1930s, the US warned of the danger of a rising Nazi Germany but Europe chose to keep both ears and eyes shut. Too late, the world paid dearly with 40 millions dead. Today, Iran and N.Korea appear to be replaying the history of the 1940s co-starred by Germany and Japan. Do give Brave Bush a clap. His motto - "Never let history repeat" is a really first degree kiasu-ism.

So what do we do now? How should we re-balance our portfolio? How much cash should I hold? You do your work and I do mine. The risk is yours and mine. Good or bad, we cannot blame someone else. Yes, we want to ride the Joseph-cum-Olympic Cycle but there is a devil in between. If the devil appears, can we survive? If the devil vaporizes into thin air, we will be better off, financially, as compared to now.

7 April 2006: First of May is a very special day. Why? Singaporeans are collecting Angpows from Ah Kong. What I mean is the government is giving out bonus to every Singaporeans above 18. The amount of money reflects the performance of the shares (revenue and economic growth) in Singapore Inc. My share is $1,600 - a good amount. Thank you Gahmen. What will I do with this bonus? Buy shares lah. But I will buy good chips though the money is not enough to buy a lot (a lot in Singapore is 1,000 shares) of OCBC. Why cant we buy ONE share of blue chip OCBC? The SGX system is far behind the developed countries. It does not help the small man. As a result, the poor men are buying poor stocks which are cheap and risky. Remember the saying, "Good stocks are not cheap, cheap stocks are not good." To help the laymen, I wish the authorities can change the rule of investment, allowing the less affordable a chance to own good stocks. This is my wish for 2006.

If Singaporeans are putting their "angpow" into stocks and shares, what will happen to the stock market? Rise according to the demand and money. Or will they keep their money for World Cup betting?

I remember a few months ago, the papers reported that bank stocks are undervalued. Bank stocks like DBS, UOB and OCBC have been hovering in a range, a stable sideway consolidation, while property stocks skyrocketed. Fundamentally, rising property prices are making many Singaporeans rich which in turn will make the banks even richer. Thus we should see the bank stocks running to catch up with the higher valuation in property stocks. Rising property prices and rising bank prices will create more confidence in the market place and a positive sign that the economy is strong. I hear rumors of a 9% growth. Thats hot.

6 April 2006: Between Malaysia, Singapore and Thailand, who is undervalued and who is overvalued? Obviously, Singapore is expensive, Malaysia is cheap and Thailand too. I have warned before that Malaysia is "Akang-Datang". There is a reason for it and my students know what I am talking about. We have been watching Malaysia and it is coming and we will be 'counting' later. How can you know? Look at the charts. Thailand is cheap and everyone knows the reason - months of agitations and uncertainty in Thailand - against PM Thaksin. Thaksin did a good job and yet the Thais are not happy because he is filty rich. The world is like that - the average people never like the rich people.

But most average investors prefer to invest E2B ie invest with their ears linked to brokers - no price chart but chat my brokers. They prefer to save $108 (one year subscription) on chart but wont mind losing thousand of dollars. This is penny wise pound foolish. You cannot trade wisely without chart. You cannot win without understanding chart. You cannot win without understanding the business. Every profession needs knowledge which can be acquired through learning and schooling. The business of finance is the highest business - money making money is the most diffcult profession and yet the average investor thinks he can do it. More often than not, the average investor dont even know he is gambling. And gambling is a loser's game. Gambling is 50 50. Warren Buffett never want to touch it. Our education system is far behind the west - all through University we were not taught how to trade and how to make money grow. My generation was taught to work and work; we were trained to be "buffaloes" - working for others, making others rich. I know of senior bankers who after leaving the bank, went into trading. The result? Su Lui. Lost! The market beats the elite. Mind you, "trading for others" and "trading for yourself" are two different profession with two different mindsets. Which is more difficult? The later. You need knowledge, training and acclimatization before you can beat the market. There are many fools in the market and the wiseman advise, "Dont add one more." Thus I said, "After you win, offer prayers to the losers." Why?

Today, the opposition tells the people not to vote for the PAP brand, meaning we should try to vote in the Opposition. But what is the calibre and moral standard of our Opposition? Ask Steve Chia. Ask Chee Soon Juan. Use your vote wisely. I will vote for the best party - the capable, the honest, the integrity and the trustworthy party who can guarantee that my wealth - the value of my house, the security of my job, the safety of my children and my national reserves - are protected and safeguarded. Voting is a serious matter. The governing party is like a company with a CEO. Many unscrupulous companies milked their companies to the bone by siphoning off company's assets and money; they cause the value of the share sinking to penny status. Would you want this to happen to Singapore. Should it happen, it is time to cut loss and run.

Lee Kuan Yew is a tough man. Nobody likes tough people. But when the going was tough for Singapore, a tough man gets the nation going. Our forefathers were immigrants and many were ungracious and unpolished immigrants with questionable loyalty and committment. The tough leader sets tough rules to change them. Of course, nobody is happy. After two generations, still many Singaporeans are not gracious. Lee Kuan Yew understands it will take 4 generations to make Singaporeans gracious, polished and cultured. A young nation like Singapore needs a tough leader. How you like it if daily you find 10 cars stolen in Singapore! But that was Singapore 30 years ago. Today, we dont even think we will wake up to find our car missing. We have to thank this man and his legacy. I regard him as my mentor.

4 April 2006: It is April and mind you, it is the time every working folks must PAY UP to the Income Tax. April is stock market's blue. Inland Revenue soaks up our cash so stocks choke. But thats only temporary and it is a cyclical affair. But whats the biggest headline today? Warren Buffett is betting that the 4 major equity indexes will not collapse in the next 15 to 20 years! He is putting US$14B to back this claim but first you must buy his insurance, a "long-duration equity index put contracts". He sells you insurance and collects your premium and should market falls he will plough your premiums into the falling market and should the index fails to rise and fall below a certain level, you can file a insurance claim against him. A good novel idea and a very assuring one.

But the main point is - he is betting that there will be no melt down in the stock markets in the next 15 to 20 years. He is betting that stock market will not fall but can only rise. I have said last month that the DJI will rise to 15,000 and next to 20,000. I have said early last year that the Nikkei will rise to 20,000. Today, Nikkei is trading above 17,000. But a 15-20 years Bull Run may translate to a DJI rising to Mars 40,000! I dont dream that... but just keep focus on my Joseph Cycle's Bull Run till 2008. With Warren's assurance and insurance, there is obviously only one path for the global investors to take - BUY BUY BUY! Champagne Buffett! Yam Seng to Wah Ren.

Now we must go shopping for stocks. But what stocks to shop? Follow Temasek, follow DBS. Buy Bank stocks and GLC stocks. Basically, the global economy is on the Bull March. China is in full swing. India is swinging. Japan is sake'ing. War helps the American economy. The more bombs they explode overseas the better for the home economy. USA is heating up. Middle East is re-making and re-inventing itself. Look at Dubai. Now Saudi Arabia wants to do likewise. The macro trend is rising but there will be hiccups along the way. How can the average investors survive those "hiccups"?

Property is king and will be king. Why? At every Cycle's top, the world's richest men hails from real estate. But we are far from a bubble.

31 March 2006: The Saudi Arabian Sheikhs visited Singapore incognito. They came secretly to study Singapore first hand and they were convinced Singapore is "a poweful red-dot". The leaders of Singapore are making us proud. Through them, Singapore remake itself and are now "invited" to help the Saudi remake themselves. Stand tall Singaporeans. The Middle Easts are looking to Singapore. Last year, India came knocking on our doors asking for help. We did but they want it "fast fast". Early this year, Indonesia came knocking on the doors and asked for help. What help are these countries asking? How to jump-start their economies, how to compete internationally, how to re-make their economy. Singapore is now the Consultant of Consultants. UN is making Hyflux a model for the world. Thanks to Singapore. We are small country but never like to be ransomed and bullied. So we decided to invent water and we succeeded and attracted the UN's attention and praise. We never say die. Our fathers never say die when Japanese Imperial Army invaded and raped Singapore. We never say die when Malaysia divorced us. We will never say die. We say, "It is a new challenge and very challenging." And Singaporeans love to take on the challenges with sacrifice, unity and a common bond regardless of race and language. We have been showing to the world an example - The Singapore Success Story. But we must also note that our success is attributed to one man who drove the nation and its people along and together. He is Lee Kuan Yew. He is our Chu'ke Liang of The Romance of the Three Kingdom fame. All nations wish to have him. But he is loyal to Singapore. Stamford Raffles founded Singapore and is regarded as the Father of Singapore. Lee Kuan Yew made Singapore and will be regarded as the Father of Modern Singapore. The legacy he created will secure Singapore for the next thirty years. Whether we can survive longer than that will depend on today's torch-bearers and the future leaders who inherit the "Leadership Baton".

The success of Singapore is a part of my generation's effort to secure a better place for our children. Our parents built the foundation with great sacrifice. We add on to it and make it shine. Our children will have to take it one step further - hold it together and make it shines brighter. Every Singaporeans should be proud of Singapore. But success breeds another danger - envy from neighbors. Kuwait was one fine example. Kuwait neglected defence and left her doors wide open. Iraq came one night, raped and burnt her. Singaporeans must not let history repeat. We must learn the lesson of Kuwait. In the art of war, the supreme master Sun Tzu said, "A strong defence deters an attack." It means if the nation is strong, peace will prevails. A good defence yields peace. National service makes Singapore Men tough and the nation strong. Maybe it is time to call on the girls to perform National Service and share the collective responsibility. I am in favor. What about you?

30 March 2006: Stripped of our colors, we are human beings from one source, God. Clothed in colors of black, white, yellow, brown and red, we begin to bite each other, imposing powers of domination and create wars of destruction. Clothed in colors, men became blind 5,000 years ago. And men are still blinded by the simple colors of white, black, yellow, brown and red. Men in colors can be very stupid and narrow-minded. Men in colors do not realized that they have betrayed their creator, God. God gave men a color test and men failed miserably. The coming of God will be the Judgement Day - God will reprimand men, then remove the colors on their bodies and show their stupidity, revealing there is only one God and one Being - the race of humanity. It is sad to know of men killing men in the name of God; it is sad to know of men offering killed men to God; it is sad to know of men glorifyng God with suicide and sacrificial death. Removing the colors on men, peace and love will reign supreme on earth. Color is the root of men's hatred against men. Separated by colors, men wage wars of hatre and destruction, and kill peace and love. In nature, the colors of diversity is a beauty to behold; in men, the colors of diversity is a curtain on their understanding turning men into beast.

In my second book, Survival Rules and Habits - A Legacy For Our Children, S$33, published May 2005, page 269, I wrote:
Oh God
You painted him white and,
you painted me yellow.
You painted the others red, black and brown,
When we were fast asleep.

When we awoke at sunrise,
We could not recognize ourselves,
We could not recognize our kinship.
Then trouble befell.

Back to the market - it is monthend. March is all about "China darlings". I heard of big killings and big losses too. So it is not so glamorous afterall. Do not be tempted by "the grass is greener over there". Yesterday was IR D-day and Genting came in with a big surprise $5B Plan. I bet they will get a part of the IR pie. Genting will be a much better partner than the kwai-los.

Malaysia's 9th Economic Plan will give the economy big boost. As I had said before, "Malaysia akangdatang. Malaysia is coming." There are many trading opportunities in Malaysia. What are they? Subscribe to our Charting Applet (KLSE module) and you can see the opportunities on the chart. The cost - S$108 per annum. One small trade can pay for 10 years of subscription. Trade with a chart. Effective trading requires charting. Likewise, cannot play football without a leather boot? It is ineffective playing without a boot - you will break your toes. It is ineffective to play with a rubber shoe - you will slip and fall or receive a broken toe should someone step on your foot. The troubles in Thailand is creating opportunities for investors.

UN is giving Iran an ultimatum asking Iran to suspend uranium enrichment. Iran stubbornly refuses. What will the "UN and the Powers" do? What will be the consequences and implications for the stock market? Is there danger or are there opportunities?

The Chickens gave the world an Avian Flu and the birds spread it. The French protest is giving the world a French-flu and it can spread around the globe. The 'unemployed' of the developed world are protesting - they are losing their jobs and livelihood. World trade and a borderless world are good for total trade but the proponents failed to measure the consequences for the individuals. The idea was macro-ly right but micro-ly wrong.

24 March 2006: Today....looks more like a Chinese Dragon walked on Singapore soil. It is China madness, from China Milk to China Sky and China Earth .... it is a tale of fast Chinese bucks. I guess the syndicates are having a good time rocking the China stocks. Like I said earlier, Singaporeans are playing two camps now - one, GLC bluechip stocks and the second China stocks. In the past, it was Clob stocks until we all got clobbered. Lets hope, dear Singaporeans dont get strike by China Lightning and Thunder. One gossip says that some Singaporeans are planning to retire rich in China.

Property counters shine too. Daily newspapers are churning quite a number of news about enblocs and physical property prices. The ground is moving but it may get cooled down by the coming Election. Another theory says that punters are going for "the kill" before the World Cup starts, making sure they have enough money for betting Balls. Beware of them heading quickly for the exit and leave suckers high and dry. It is wise to refrain from excessive greed. The value of greed is important but over-indulgence will be your cross in the grave. The value of fear is respect for the market. Too excessive becomes a big stumbling block to success. Between the continuum of greed and fear, traders will swing. Until they find the right balance, success will elude them. After all, this is a game, a psychological game, and the guy who has better control of himself is usually the winner. Many of us can be equal in Technical and Fundamental strengths, but we cannot be equal in psychological strength. And the guys with the stronger psychological strength are those who plan ahead of time. They are prepared whereas the rest acts on impulses and collective courage.

23 March 2006: The old must make way for the new! Change or else die. To survive, change. This is an universal rule and Number One priority in today's fast changing world. So with effect from today, we launch a new EChartbook - an interactive online charting which promises to be more exciting, unlimited, mobile, low cost, simple and yet powerful enough. It is built for the average investor in mind - the working folks who has little idea of charting and who never know that technical analysis is statistical analysis in disguise.

Our subscribers are invited to a free clinic on how to use the new applet charting. The invitation has been forwarded to your email. After that, we will open the clinic to others. In the past, subscribers will call in and request to add this and that stock. From today, you will have 800+ stocks and warrants under your feet. And from today, you no longer have to wait till 10 pm! The applet is ready with the day's data between 6.30 to 7pm. Is not that wonderful news! Now you have more time to do your studies and plan for tomorrow.

With online charting, you can study stock from any location, even if you are travelling. Lug your pc along and plug into the internet, bingo! Singapore is at your mercy. Malaysia is at your mercy too!

Prices are heading higher. The cheap old days were over - the recession was long gone and forgotten. Today, it is boom, bang and busting prices. Enbloc is the bu$$word. Property prices will edge higher - you can bet on that. In 2008, the top ten richest men will hail from real estates! Cost of living is going up. During our metamorphosis, we eased the price to an affordable U$5.50 per month. But this cannot go on forever. And I think must understand - rentals and wages are rising, subscription has no choice but to adjust to the time. But we will still be the cheapest; bringing $ savings but more important, the value added to protecting your investment$.

This charting is cheaper than your daily newspapers. At present, it cost only S$108 a year to support your investment stock portfolio which could easily be in the tune of S$100,000. Mind you, your 2-inches thick newspapers cost S$960 annually. Ah ha, we dont even have time to read all of it, a glance at the front and the back is all we have.

22 March 2006: The new EChartbook! Applet charting -a investor's dream tool! Simple yet powerful. A must tool to level the playing field. A chart is a map and the wiseman advised, "Do not venture into the forest without a map." We are proud to announce the migration from static charting to interactive charting to support our subscribers.

Daily chart

Monthly chart. Our applet can display 30 years of historical data in daily, weekly or monthly mode. We have 20 years of historical data at your disposal. This applet is our dream baby - it is finally ready. This is the tool echartbook's subscribers ask for and it took me 15 months to create. All subscribers have access to this tool at theECB Chart Tool

21 March 2006: In Singapore, enblocs are gathering momentum. All round where I live, enbloc is the buzzword except my block yet, I came to hear that there is someone developer thinking of offering my 10-year old LeHill Condo an enbloc. Thats bad news for me - I hate to lose my cosy hilltop forest view. The building momentum is gathering pace in Singapore - dont forget our nation has a national objective of 6 - 8 million people - a critical population mass that can support homegrown industries while at the same time arrest the decreasing birth rate. This momentum will be the foundation for the next Joseph Cycle surge. Thats I look at the future.

But immediately ahead, we will be facing Election, most likely this May as June is not an auspicious time for the PM. Stock market will enter into a lull - traders have been buying for the Election and once Election date is announced, bulls will seize the opportunity to exit, thus fulfilling the philosophy of "buy on rumor and sell on news". There is another market dampener - the World Cup this mid June to mid July. Stock punters will change profession, becoming Ball punters. They will talk-football-and-drink-beer instead of talk-stock-and-drink-coffee! After that, we enter into the August mood - NDP and the annual Ghost-No-Trade month. Following August, are the treacherous Septembers and Octobers - the months of the Big Bears. Sep and Oct are notorious for the birth of Big Bad Yogi Bears.

If these are right, then we may enjoy a long period of market consolidation, probably the 4th wave, a sideway choppy market dictated by events and news. Afterall, the current Bull Run began in April of 2003, and surprised everybody including many analysts, it even defied gravity and all kind of bear calls! Then beginning this year, those Bears decided to throw in their towel and start calling Bulls. To me, this is not a good sign. The law of the market says, "If the crowd is in, we should be out. If the crowd is out, we should be in." If those analysts represent the crowd, then it is time to temporarily get out. But not out for good. Bulls must focus on the Joseph Cycle's potential top in 2008 which is also Beijing's proudest moment - the Olympic. Read my bestselling book "The Joseph Cycle - Will the STI rise to 4300?" to understand more.

Bull market does not die. Bad news does and lower the market. So what news (in the coming future) can cause a panic? Oil going to $100? War with Iran? A big earthquake? A global Bird flu? Technically, the market either flat out or correct depending on the news. But it will be a temporary affair as the global economy will be robust enough to absorb the shocks - there are plenty of cash-rich funds waiting to buy cheap stocks! Where else can you buy cheap unless there is a momentary panic.

20 March 2006: It is sad.... the nation of Iraq is in civil war. Muslim Sunni versus Muslim Shiite and dunno who will versus the Muslim Kurds. Iraq is re-enacting the classic Romance of the Three Kingdom. Two thousand years later, historian will write this sad episode as "Romance of the Three Muslim Kingdom". Who is to blame? There are many reasons and many blames - the US+UK, the France+Germany, the UN, the open trial of Saddam Hussein, the Iraqis who could not decide, the infiltrating Al-Qaeda, the Iran, the TV station Al Jazeera, and of course the precious Oil. Iraqis may have to pay a heavy price - a nation divided and the pain of partition.

17 March 2006: The chinese stocks should be a market within our Sin market. Why? If Blue Chips are down, Chink Chips are up. So we should have a Chink Index within the SES Index. With the invasion of Wuyah Stocks in Singapore, I think it is time to have a SES Chink Index. This will level the playing field for the retail investors. In the past where our lives was tight to the KLSE with a CLOB-marriage contract, Singaporeans were one moment, playing Sink Stocks and another moment playing Clob Stocks. But you all know - we all were clobbered when Mahathir suffered a schizo'ck attack. Since then, all if not 99% of Singaporeans swear and vow never to be CLOB'ed again. Now we are having a fine time with the Chink Stocks. I heard some Ah Pek investors were chatting chink stocks in Geylang and physically seeking information from the many beautiful Wuyahs. Maybe I can find an excuse an a valid Friday-exit-permit to visit Geylang from my wife. BTW, you have to know what Lorong to meet! Oh, I heard the Malaysians are now trying their best to wooo us. As I down to earth Singaporean Ah Pek or "Singah Pek" said, "Got money to make, dont go mey? Got money to make must, die die must go!" This is the Singaporean spirit - the Majullah. Life is so boring if you cannot indulge in talk-cock-sing-song. Take it easy folks, it is Friday, it is March.

15 March 2006:What charting software can create such a wonderful trend? It is online meaning you can access from anywhere - home, office, hotspots, locally or internationally. The good news - we are coming to the end of our testing and development. And the bad news - cost is rising and cost may rise. Why is cost rising?

Our economy is red hot! The region is rising. Asia is coming up. Asia is eclipsing the old economies of Europe and America. China is an economic Monster. India is an spell-throwing Serpent. Japan is the never-say-die warrior Samurai. Indonesia is Krakaroar - it will roar out of a sudden. And Singapore sits in the middle - a Divine Broker, the Ancient Middleman, a la-Chu'ke Liang in the famed Romance of the Three Kingdom. The wisemen of the Tiny Red Dot Island, groomed by the renowned leader Lee Kuan Yew, are geniuses, the number one opportunists and the greatest survivalists. Singaporeans are fortunate and blessed. They can eat, sleep, heck-care, joynsex and not-procreate, yet the economy goes on and on, without their knowing, riding ahead of the world. The Singaporean's lament, "No need to know. We know we are in good n safe hands. We only prepare when we are told to do. Let Ah Kong work and all the Soons can play."

It is March blues and I am not writing. The smartmoney will be sitting on the sideline watching the unfolding event in IRAN! Why? The world is getting ready to meet the challenges in Iran. Iran is getting too hot to handle. With oil at its feet and its hand toying with Nuclear Bomb, the world may have to kowtow the Iranian. And the Iran will not be shy to command, "Kiss my ars*#e! Lick my @*# and eat your grave!" The signs point to a concerted hard action before the genie comes out of the bag. I cannot understand why Iran with so much Oil under her feet can choose a suicidal road to fame. Or are they trying to relive the ancient glory-gone days of the Persian Empire that stretches from Africa to India, of Shah Jehan and the Taj Mahal? For sure, no world power will want to be held ransom and be at the whims and mercy of a rouge nation like Iran. So, the rule of survival is - "Take it head on! Kill it before it becomes. Act first." The West learned the lesson of the Second World War and paid dearly - procrastination, let-it-be, it-will-die-down and not-my-problem attitudes. In the end, a colossal 200 million people paid for their lives. We dont wish for a Third World War but if someone intend to start one, then the option is, "Kill it".

The big question is when? Not next month. Not following month too. Not this year. Until then, lets play! .... believing and knowing that the big boys know what is right to do, how best to do it, without much side effect on the global economy. March is time for reflection and reflection can last till April. It has been sell on good report. But when will the market come roaring back and ride on another year of good performance? For sure, 2006 will be another good year for companies. Everyday, newspapers will be splashing fundamentally good news - companies expanding regionally, companies buying companies, companies getting contracts etc. Those holding cash will ask the silly question: "Which stocks should I buy?" Never ask if you are serious. Do your homework. If you have the "passion" to make money, you will know what to buy. Those who ask surely have no passion at all but plenty of guts and gaming instinct. The best solution is - Attend school! Believe this saying of a wise old man, "Free tips are not good, good tips are not free." or "Good things are not free, free things are not good."

Learning is never expensive. Direct experience is. Pay to learn justifies the knowledge learned. Learn first, earn later. I will always remember what Master Kuan Yew, Lee said, "Nothing is free; not even the air you breathe."

7March to 14 March:
Rest. Why work when the market is going no where?

and rest. There is a time to play and a time to work.

.....rest. Those who work everyday without rest will be mediocre. Those who play everyday will be last in class. Those who trade every day will be blunt.

6 March 2006: Watch it!!! The bank stocks is getting ready for a rally. That will carry or float the Singapore market up. The overall report card for Singapore is Excellent and Good. Could that be the reason why bank stocks are about to "cheong"? Or is it the "electioneering" of PM LHL? Or is it because of the Joseph Cycle which say that the STI should rise to 4300? March is supposed to be a "cooling" month but at the rate it is being pushed, this March seems to be different. But of course, there are potential hiccups like Iran, Hamas and Ah Pian-sian of Taiwan. Bird-flu is exaggerated just like Y2K which was way over-exaggerated in 1999, causing the tech stocks to go into a big bad bubble and in the end everyone suffered. Some said it was a conspiracy among the big technocrats.

The Euro $ appears to be bottoming out. Intervention below 1.2000 has ended the five waves decline and is giving rise to an abc-style recovery which target an objective of 1.2500. The firmness in the Euro appears to coincide with the coming major global event in Germany, that is The World Cup! Fundamentally forward, there should be a demand for Euro. So in a World Cp year, who will be the one to benefit? Media, communication, tours, food and toto. The World Cup event is a spectacular event; it is the only global event that can paralyse the world with the world coming to a standstill - terrorists forgetting how to fight, workers forgetting their work, husbands forgetting their wives, stock speculators betting balls instead of counters and students forgetting their school work. Everyone will be talking one language - football, the language of peace and joy, and singing Ole ole. This is the spirit of a round leather ball, kicked by 22 players and watched by 4 Billion people regardless of race, religion, color and occupation.

3 March 2006: What is Lent?
Lent is a time for self-examination and a time to grow spiritually through prayer. Please join Tracey and I for the next 40 days as we pray... Find out more.

Yesterday I met an elderly man in his 60s. He was a retired businessman, and he said, "I paid $500,000 to the market to learn the trade and the tricks. Now you can learn it here from a experienced teacher/lecturer for a small price. I learned it the hard way - the School of Hard Knocks. Dont travel the road I travelled. It is very expensive and painful. Without my business income to cushion me, I would be a bankrupt. Many people thought that they can 'make it' but the truth was - by the time they understood the market, they were too poor to trade. What was the use of knowledge and experience when you had zero capital?" Mike was right. I said that before. It cost my bank one to two cool millions to train a fresh grad (only fresh grad. Why? u figure it out.) for two years before he was given the king's power to trade. Treasuries have a budget for training and continuous training. How much has you ear-marked for training? How much will you ear-marked for training? How much should you budget for training?

If you do not know and lacked training, every trade you embarked on is as good as gambling. If you were trained, have the discipline, and a method to organise and execute decisions based on a set of conditions, you are in business.

Do you know that we are not 'gifted' to trade. At birth, we are gifted with qualities which are not compatible for trading. On top of that, as kids we were taught to do things which were not compatible for trading. Basically, we do not have the DNA, that blueprint, to win in trading. Thus, it means everyone must undergo specialized training before diving into the razor-sharp financial highway.

There are two outcomes for a person who has acquired the knowledge through training:
1. He wins handsomely - these are the truly gifted.
2. He breaks even - he will need to work on his discipline and habits. It is a case of the the knowledge was there but the discipline was not.

One student asked, "What if he came to school and still lose?" My answers were, "One, he was in class but sleeping; body was here, mind was elsewhere. Two, blame the teacher and student - it is the case of the blind teaching/leading the blind. The student went to the wrong teacher."

27 February 2006: STI up 24 points to close at 2477 today with Want Want being the market darling. In less than 2 months, this Want appreciated 30%. Today it just rocket up. Many were asking - What the heck the market is up to? Is it really going up or is this a bull trap? March is a reporting month and traders should be selling on good news. But could this be the final push before the Election which is, they said, "Anytime now but no time". Is election stock-engineering in process? Some say election will be after June but before the National Day. What should we do now? Jump in based on the breakout of the STI 2450 resistance or hang on the March's contrarian effect? I prefer to bet on the later and go for a long coffee break. Of course, you can go long and long for 2500 objective but be prepared to jump ship if the STI falls below/reenter 2450.

Arrrh...Al Qaeda threatening to blow up Saudi Arabia's oil refineries. One hit and oil prices will sky up and stock market will nose down. What about Bird-flu. Some say it is already at our backyard in Malaysia. Friends are beginning to offer defensive technique against Bird-flu. A little Bird panic can cause a bad sneeze in the stock market.

26-B February 2006:
Junma Tyre: Investors beware of chinese companies! Junma was one time a darling specky stock. Lets read the P+L for 2005 and 2004:
In 2004, Revenue=1,090B Cost=971B. Gross=118M and NPL= +31M
In 2005, Revenue=2,104B Cost=2,100B Gross=95M and NPL= -22M
One would thought, bigger sales = profits. But not in Chinese companies! Bigger sales mean bigger LOSSES! Buyers beware!

26-A February 2006
Two more days and February will be out, and in come March. March is corporate reporting month. In March, traders trade the contrarian method, ie they sell on good news. In fact, blue chips have been dead for a while. It is the little chips from China that are creating some waves. It is a done deal - majority of corporates will report good results. In 2005, the economy roared. Yet the man on the street failed to feel it. In 2006, the STI will also roar but expect it to occur in the second half. So what can cool the hot economy? Bird flu, Nuclear Iran, Cartoon controversy n reminder of Clash of Civilizations, independence Taiwan, Philippine and Thailand leadership crises, but certainly not the Tammy's Blunder. Hmm....Malaysians are despicable opportunists - they have the gut to offer Tammy's Blunder in VCD and DVD for a mere M$10+. Where are their morals? How would they feel if they were the parents of Tammy?

Months ago, I wrote, "Malaysian akang-datang". There are many stock investment opportunities in Bursa. Many stocks are trading at 1988's low +/-. What are the stocks to buy? Subscribe to our Applet Charting now and I will give you some ten stocks to start planning your investment. With charting, the world is at your mercy. With charting, you can never trade blindly. With charting, you can check your broker's call. No one can profit without homework. Money is not make by soft ears. Money goes to those who work for it and I quote, "Lady Luck favors the illustrious" and "God rewards those who sweat and toil for it." Laziness is the robber of wealth and opportunities.

Last week, our Jedi Master MM LKY visited Indonesia. He reported good news and he saw economic levelling off and future growth in Indonesia. Six months later, you will see more growth in Indonesia. And when the world's largest Muslim nation of 250 million people, grows in wealth, Singapore will be the one to gain. Indonesia's prosperity is our prosperity. Indonesia's woes are our woes. So, it is time to look at some Indonesian linked stocks. But when it comes to investing overseas, I will still advise, "Buy Banks" ie to say bank on banks is the safest. You cannot go bankrupt buying into MayBank; similarly DBS in Singapore.

Interest rates will rise. That is good. Why? It is a sign that the economy is growing. Low rates era is over. In fact, low rates of the past years have help the economy to bottom out. Do you know that in 1977, US rates were 12-15%, and in 1980 rates were 22%? In the rising Joseph Cycle Bull Run, rising rates is evident of growth. If rates are rising in declining JCycle, then it is a sign of trouble - INFLATION.

The Muslim world is entering a major turning point - in wave concept, it is the Wave C's free fall, panic, fear, bad news every day. In wave terminology, it will bottom out and give way to a new mega Bull Run with 5 waves. It will also mean that there will be a victory by the Moderates against the Extremists. The cartoon controversy has revealed system weaknesses and open the eyes of all.

22 February 2006: Good news is bad news. No news from Simon Sim can be good news and bad news. Marches are bad time and bear-friendly while Decembers are good times and bull-friendly. Time is man's best friend. Know time and victory is half assured, Master Sun Tzu said. Likewise is trading. There is no difference between trading and war. Both suffers in defeats and enjoy in victories. Both requires supreme concentration, focus and confidence. Both requires knowledge and training. Both requires soldiers but one is make up of beings while in trading, our capital is our forces. To win both requires strategy and tactics. But one is more difficult than the other. Which? War or Trading?

17 February 2006: Time window arrives with bad news or bad news come to glorify bad time windows. DBS gave investors a big fright. But talking to some bankers they said the bank's 2005 rock solid performance is not affected. They said the bank is writing off the final part of the Dao Heng's premium. Well, if this is the final portion, then there will be no more bombshell. But come Monday, market may experience some knee jerk selling.

The govt has announced the goodies. So to speak, the Election is around the corner. GCT says "anytime now". Expect the market to go into a lull expecially those GLC stocks. Companies are showing their report card and most are showing "good health with good profit". IRA should be pleased with bigger tax income. But the good news is bad news. Why? Trading behaviour is sometime logical, sometime illogical. Good news is bad news and bad news is good news. Old traders sing this mantra, "When the good news is out, it is time to sell. When the bad news is out, it is time to buy." This is contrarian trading. Why? The smart traders who bought the stocks a few months earlier (through honest homework or the help of insider or 'insight' info) at lower prices were cashing out when the good news was announced. Their cashing out round off the accumulation-distribution cycle in this 200-year-old profession ie speculation.

In the ME, the cartoons controversy is still fuelling anger, fire and demonstrations. In the ME, Hamas' political Victory over Fatah, is giving world leaders a big headahce. In Europe and now in India, dying birds are diagnosed with avian virus.

16 February 2006: Let me once again reiterate that the DJI will rise to 15,000. It is now once again trading above 11,000. The US economy is booming and Ben says it is inflationary and rates have to rise again. Inflation is good news in the beginning but if it gets out of control, it is bad news. Fundamental is like a sword which can cut both way. I have said long before that the DJI has the capacity to rise to 15,000. I have said before in 2004 and again in 2005, that the Nikkei will rise to 20,000. Recently, it did a high of 16,500 about. For me, the big trend is never difficult to forecast. The big picture is never out of my sight. You can be a master like me too.In 2003, while STI was at 1300, I said that our STI will rise, and I said it in my book, The Joseph Cycle, that it will rise to 4,300, and I revealed how I came to that conclusion and level. None believe me when I went against the crowd. Our nation was overwhelmingly bearish - they suffered a Bear Virus which was much worse than SARS and Bird Flu. Today, our economy will be running at 7% growth. China is coming out of its "forced cooling" yet it recorded 9% cool growth. What is hot growth then? And mighty India is roaring in; its index has shot from 2,500 low to 10,000! The Joseph Cycle is working fine. Trust the Joseph Cycle. Trust what was written in the Old Testament. 5,741 years ago, Joseph said it was from God. The truth is in the Bible, the Bible is the Word, and the Word is from God.

The masses have heard the stock market mumbling and rumbling. But the masses, for reasons I do not understand, are not able to bring themselves into the game. They are waiting for a "big dip". So are the many funds with war chest on the ready - ready to pounce if the price is right. Honestly, they are all waiting for the Bird Flu to bite before they act. So we asked "Will there be a Bird Flu?" In another twist, will the Bird Flu gives them a chance to bite or be bitten? Life is funny. War chests (cash funds) pray for bad news while investors pray for good news. If I am God, I will be laughing in Heaven.

Singapore was founded on the convergences of the Joseph Cycle time of 1819. Jesus died on the Joseph Cycle time-table on 4 AD. The Great Depression of 1931 and the Crash of 1987 (DJI fell 507 points in a single day!) occured on the Joseph Cycle time. Adolf Hitler was born on the Joseph Cycle time-table. There is mystery in the Joseph Cycle. Till date, archaelogists are not able to locate the tomb or burial of Joseph. Joseph was given the title Zaphaneah Paneah by the Pharoah. It means The Revealer of Secrets. He revealed the secrets of Heaven - that there will be seven good years followed by seven lean years. Yet he kept the secret of his tomb to himself.

PS: Due to technical problems (limitation from pacificnet) I am not able to send the analysis to you by email on a daily basis but will send it on a weekly basis.

15 February 2006: Why is the market down, I asked. They said, "Dunno know". Someone said, "All because you said so." Did I caused the STI to fall? I dunno but technically, it is time and due. My analysis yesterday was very obvious and I quote, "But the wise man knows when the pennies start to run, the end is near." Will the market goes into a big fall. Unlikely. Correction is the nature of market. If prices do not rise and ebb, will there be trading market? And if prices is a straight line, speculators will find it a bore.

Today, I am a very very happy man and I gave goodies (Joseph Cycle books) to the students attending my 3rd Equity Course. Some of my students know why but to the rest, it is high confidentiality. But the truth will be out matter of time. A wise trader must always take into consideration time factor. In waging war, time is the essence. In most things, timing is critical and time is money. But in trading, timing can determine success or failure. Right time and right price are two important essentials to maximising profit. A good trader is a poor trader if he timed it wrongly. Always ask, "What is father time telling us?" Eh, nobody says mother time. Mother nature but never father nature. So time is father, nature is mother.

14 February 2006: Muslim angers are still raging around the world. Bird Flu is scattered all over Europe. CNY season is over. The market is entering into the March-April and Reporting corridors. Historically, stocks tend to enter into a state of hibernation. Already, many good stocks has "top out" or sell out. Sporadic actions scattered all over the market gives an illusion of strength. But the wise man knows when the pennies start to run, the end is near. The election is around the corner and the happy crowd is buying into the election goodies and hoping to catch up on lost trend.

Subscribers - give us some feedback on the Applet Chart. We have made changes to the applet, driving the hotkeys on the right instead of the traditional left. Feedback us what your applet's wish list. We will study and if possible implement. It is not easy to be a Technical Analyst and a software developer/designer at the same time.

10 February 2006: CNY is coming to an end. Bulls could be eating and wining too much; they look a bit fat from the outside. What I mean is the market looks overweight. Timewise, we are entering the traditional post-CNY and Report Card period. Those who bought months ago have been locking in profit or realizing profit or what we call distribution process. Thus it is not surprising to see penny stocks making their maiden runs. This is what I usually call the fire-works and spectacular displays. They are meant to attract the innocent crowd. They are traps, trapping those greedy fellows. So expect the market to enter into a profit-taking or consolidation phase. Anyway, the trend is not a straight line, the truth it zigs and zag. Those who are not familiar with the steps will end up as fodder for the smart investors.

Patience is a winner's asset. Most traders do not have that patience. The moment they jump out they are back in. After taking handsome profit, they are back in on those lagging stocks. Sometimes it work. But when the market top out, they find themselves stuck with lousy stocks and unable to get out. Always remember, in a sell down, liquidity disappears and sellers are at the mercy of buyers.

Muslim anger is still raging out of control despite efforts to cool it down. Human mass emotion, this is crowd pyschology and behavior, is very unpredictable. Like the market, it can get out of control and goes into a frenzy and euphoria. But we all know, in the end, it will deflate and die down but not before the damage is done. Thus it may be wise to stay off the market for a while. Spend the time looking for underpriced good stocks. Once the period of cooling off is over, this stock should rise. The last time, we discuss in our training room about Datacraft - it was $1.00 then. The last two days, it recorded a high of 1.22 a 21% return.

09 February 2006: 1. There is a cough epidemic in Singapore, CNY-type. I am a victim.
2. Europe and the world are in deep shit...u know I know lah. It is frightening and sad. Middle East is burning with rage and fires are raging in embassies.
3. Scientists say we are experiencing El Nina.
4. Bloomberg reported huge Noble losses in aluminium trading. Could this be another CAO?
5. Nuclear tension in Iran and Iran being accused of fanning the current cartoon crisis.
6. In Sep 2001, the Indian index hit a low of 2,600. Two days ago, it blast through to 10,100! Comparing to Singapore, in Sep 2001 STI hit a low of 1,250. Two days ago, it hit a high of only 2,450 which is only 96% growth whereas India recorded a cobraic 288% growth. Those who parked their money in India must be charming with smiles. In April 2003, Nikkei had a low of 7,600. Two days ago, it hit a high of 16,755, a 120% growth!

The world is entering into a global investment arena. Investors have to go global to maximise their return. Investing has become so simple - open an account, have an internet-connected pc and a chart. In fact, money is rotating from country to country, bourse to bourse, in search of opportunities. In the past, such opportunities were the domain of the rich and savvy. Today, it is open to any Tom, Dick and Harry with a small capital to start with. EChartbook will be going global too. The future of the world is very very exciting - from our armchair we can command the world. Many traders will be trading like terrorists or guerillas - running in and out of markets from one country to another.

It is time to learn how to be a global trader. But before you trade, go to school first. Learn the trick of the trade or else you be fodder for the smart. Nobody can win without training and knowledge! We are running our 3rd Equity trading course from 15th February 2006 - Technical Analysis for the Smart Investor. If you are keen to attend our preview, please drop me an email simonsim@pacific.net.sg or call Vivien at 98439884.

We have a charting applet for the serious investor and it costs only $9 per month. Investing means you need some basic infrastructure like charting. Some suppliers charge a bomb. Preview the applet at http://echartbook.com/previewchartingapplet.htm The charting is sleek and smart, easy2use and yet sophisticated. If you intend to be a serious trader, you cannot go without the chart. Can you fight if you are blind? Trading without a chart is as good as being a blind swordsman.

02 February 2006: Good dog, good dog. All Dogs are good except the Dog of 1994. So the Bulls will say, "Go dog, go." There are many stocks still below value and worth picking esp the tech stocks. Analysts are now saying that there are room for bank stocks like DBS, OCBC and UOB to rise. In fact, there is plenty of room for UOB to play catch up. The smart money may sell out some of their profitable stocks and plough into those laggards. It is a merry go round. Arrhhh, if the bank stocks were to rise, how much will the STI be? 2500, 2800 or 3000? Without a doubt, the economy, like I said before, is really hot. It is burning. And with India coming out to play and China finished the "cooling period" and looking forward to her Olympic, this Dog has a future.

01 Feb 2006: Roaring start to Year of the Dog. Rather a howling start - STI up 19 points with a new high closing. The Year of the Dog is going to bring good news for the stock marekt. Why? Remember the saying, "If January closes higher, expect the year to end higher. January opened at 2353. Last year STI closed at 2345. January 2006 closed at 2412, a gain of 59 points! So cheers ahead. Expect a good Christmas this year end. It is the Year of the Golden Retriever - the efforts of the Rooster will not be wasted. This Dog will build on the gains chalked by the Rooster.

28 January 2006:

Good news! Cheers, a new book titled Nothing To Lose, Something To Gain is on the way. If you wish to buy before print, send us an email. Price S$9.90!

27 January 2006:: Wahhhh, STI up 23 points! Buying before and going over Chinese New Year instead of the traditional after holiday. Do u know why? Because market opening on Chor Si is not a good fong shiu number, thus the buying before the holiday.

Wishing All our readers, students and subscribers

A Happy, Healthy and Prosperous Lunar New Year.
Where can you find internet charting at $9 per month? Where can you view all SGX stocks and warrants for $9 a month? Only at EChartbook can you find gems and solid bargain.

23 January 2006: This week is pre Chinese New Year week. Today was the 5th day after LiveDoor, but it is also the first day after Google's Goof. Likely not going to be a good new year for many contra speculators. The short term trend will be down this week. Bulls will only return after the holidays, so it is going to be flattish to bearish. I have a very important meeting to go tomorrow, and am not in the frame of mind to talk about the market. On top of that, the CNY fever is in, the Election effect is in, and the tension in the Middle is in too. Iran is irresistible - she is inviting trouble which will trouble Oil and Gold prices, and gives stocks a headache. I still believe the Year of the Dog is a Golden Retrieval unlike the Dog of 1994 which brought the entire stock market to its kneel. The difference today is - 1993 was a climax year where stock prices went into a BUBBLE and every investors were madly in love with stocks and making-quick-money. Cheers! Have a Happy, Healthy and Prosperous Golden Retrieval Doggy New Year 2006. I wish all of our readers Kong Xi Fatt Cai.

My apology - am having some technical problem emailing the subscribers. So please read from the internet. Also, we are upgrading our charting and website. Inconvenience is regretted. My IT guy is going a good job. The level of sophistication is beyond my reach.

19 January 2005: Recoverrrrry. STI up 19 points today, tech stocks rose again. Bulls smiling again. Soon they will sweep LiveDoor BehindTheDoor; they did some healthy cooking. Shifting profits around is better than shafting losses underground. I think many companies do that...a sort of window dressing to make the other subs look better, or at times they dig out the "reserves" to smoothened the book. So we had two down days and one up day. But dont be too happy - most contras have up to day 5. So tomorrow or Monday, they will have to sell ie liquidate; time up or else pay up. Contra trading or one week trading is like playing a game of chess. You have to know what your opponent think and will do. Not many people are born to be good contra-traders, majority are losers. It is a very different ball game. Most of them trade for the "fun and excitement", not from the strategy and tactics. Overall, we should let the dust of the past few days settle down before the bull runs again. But it is not going to be so soon as CNY is less than 10 days away. One of the wisest trading method is, and this was also Warren Buffett's killer stroke, "Buy when everyone wants to sell; sell when everybody wants to buy." This is contrarian theory and it is happening practically everyday in Singapore.

18 January 2006: Day 1, STI down 24 points. Day 2, STI down another 18 points. Tomorrow will be day 3. Contras have 3 to 7 days to pay up or else the house will conduct a "force selling". Strange indeed - the selling is happening despite the headline "6% economic growth rate and record $716B foreign trade". One aspect of trading is psychology. Trading psychology is unpredictable and at the same time illogical. Emotion can be greater than facts and figures. The crowd does thing differently. The crowd is driven by fear and greed. Few newbies understand what trading psycholgoy is all about until they experienced it. In fact, many failed to incorporate trading psychology in the teaching of Technical Analysis, preferring to harp on technical indicators instead of grounding the learners on the basic principles and foundation of trading.

Needless to say, the short term trend is down and bearish. And needless to say, the medium term and long term trends remain up and intact. The bearish short term trend means the market is going into a correction. And correction is a healthy market action, a cooling period. Corrections mean lower prices which will then attract bargain hunters and those who miss the earlier bull run. Barring a Global Bird-flu or a Concerted War against Iran, one should expect the broad market trend to remain bullish and expect a higher year end STI. What is the chance for both thing to occur together and what will be the greater consequence? Honestly, I dare not imagine. Last year, I said that a global pandemic is unlikely to occur as long as the world is not engage in a war.

17 January 2006: History repeats. The wisdom of the ancient is still alive - when the newspapers speak, it is time to dump. And dump the market did - the STI sank 24 points, way before the CNY. Technically, it was enmass profit-taking. And in the resulting stampede, some innocent lives were lost. How many and who? Those who bought three days ago. Now we can expect the 5-7 days force-selling to come into play. We all know contra-players are weak holders. Their primary disadvantage is a lack of time. They are weak hands and the basic of stock market is a rotation from weak hands to strong hands, just like the yin and yang cycle. If you ask any trader what was the reason for the market's weakness - they will say, "Weakness in the Nikkei!" Every decline has a reason or an excuse or something to blame. Vice-versa, with every rally.

Today's fall is a bit of a wake up call. The pride of the bulls may be hurt. But they will be back with a vengeance when the bullish trend is re-instated. This time, give it to the bears.

16 January 2006:Jan 4th the ST newspaper splashed a headline, "Bullish outlook for Singapore this year." Last week, they said everyone is "Bullish on the Stock market." There is a trader's code in the market which goes, "When the newspapers talk, it is time to let go and say goodbye." Why is this so? Because newspapers appears to be laggard - they lag behind. Shrewd investors never listen to what the newspapers said. So who did? The crowd and the laypeople - they are inspired and motivated, and they believe the big headlines. Newspapers churns out juicy headlines so they can sell better. The average people loves those headlines. And if they lose their pants, it is so easy for them to put the blame - blame it on the "bloody-stupid newspapers" they will swear. Not surprising, in the global market arenas, more than 80% of traders are losers.

We are fast approaching the CNY holidays; or should I say time is running out. There is only a week to play. A week before the long CNY holidays, traders are likely to quit and stay cash rich. Why? They need the money to celebrate the New Year and to wager on the Mahjong tables and card games. To the older folks, CNY is not new year; it is a time to bet with your buddy-best friends. A hundred thousand of them will be ready for the Grand Toto worth probably $10 Million bucks; they dont mind splasing $200 for a chance to win the biggest prize of the year, a once in a life's time opportunity, they would convince anyone. But that chance is so miserable. oh, I myself cannot resist and would, yearly, throw in my contribution to make the pool bigger for the ultimate winner. What stupidity!

Then there is a category of smart investors who will wait for the market to ease under its own perculiar nature ie CNY selling effect, and then pounce on the "cheap buy". When trading resume after the holidays, more often than not, prices are smartly high. You can see what happened in the last Christmas holiday event.

12 January 2006: STI ran 7 straight days from 29th Dec to 11th Jan. Tech stocks experienced 10-20% growth. Now thats is quite a windfall in such a short time span. And it induced traders to take profit. So it is up 7 days and should be down three. But dont forget, as prices cool and ease, there is a group of buyers waiting to jump in. They missed the after-christmas-newyear party. Year to high, the STI gained a big 95 points, from 2345 to a high of 2440. So a little cooling is a good thing. Cooling or correction is a healthy market action for the longer run. A healthy market zigs and zags or push and pull.

Professor Huang of stem-cell fame, from Korea, brought shame and agony to her motherland. Recently, Singapore had its own shameful professor too. Whats wrong with professors these days? Where are the morals? I remember some time ago, a Singaporean lecturer was caught red-handed in Thailand "sexcing" with minors. In the Indian book of Ramayana, it was foretold that "in the age of moral decay, God will incarnate and take human form." Maybe the professors are helping to speed up the descent of God. While the majority strives to bring fame and glory to the motherland, a few idiots are making waste of their collective efforts.

11 January 2006: STI down 7 points. Is the bull dead? No. STI was dragged down by some blueboys viza DBS, UOB and Singtel. Anyway, our STI is not a complete reflection of the entire stock market. There are less than 50 stocks in the STI components and DBS, OCBC, UOB and Singtel would add up to 45% of the component. Tech stocks are doing pretty well. The lagging sectors are running, even the hotel industry is coming out of hibernation and surging. It is a sign of "the tourists are arriving" and a sign of good times. But most punters are saying, "Watch out for more goodies from the government. It will be a cleansweep." Well, everyone knows the stock market will rally to the tune of the goodies. Anybody any idea when will be the Election date? My insiders are tired of e-guessing - supposed to be Mar2005, then Jun2005, then Nov2005, and now they are calling 100% March date. LHL is a mystery. He keeps the secret well. The economy is behind him, the bad times never dirty him, the good times ahead of him, and the Joseph Cycle following him.

Decoupling of SIA, SIA Engineering and SATSvcs was a wise and extremely strategic move. It can only come from a master's brush. Give this to one man - MM LKY, Singapore's Jedi Master. He made three birds come alive with one stroke. To quote Joseph Cycle book, "One day, we will see a statue of him standing beside Stamford Raffles." In 1819, Raffles founded Singapura; LKY made it into a Lion City; then GCT make it Roar; LHL will make it into The Jewel of the East.

9 January 2005:Ah, Tech stocks did well again. Ooh, my "darling" did well today. Bet my students are happy and smiling. After attending the 36 hours intensive course, they know what to do, they know how to survive, they know how to control themselves, they are more disciplined and focus. All I can said is, "Money Back".

Which is true and right?
1. The more you trade, the more you made.
2. The more you trade, the less you made.
3. The more you trade, the more you lose.
The answer: ...........

We are not born to trade. We are not born to win in trading. Why? We do not have the inborn DNA. Based on our god-given DNA, we are born to lose in trading! I am not going nut. This is the truth. Winners must be taught. Winners went to school. Winners have teachers. According to statistics, 90% of traders were losers. Not last year. Not previous year only. It is the statistical # for the past 200 years; ah ha since trading was invented. So the more we trade, the less we made and the less we made the more likely we are gonna to lose; the secret is the more we trade, someone else gets richer. Who? Find out yourself.

But does that means that the less we trade, the more we will make? Provided the trade is an intelligent trade. Trading requires brain. Not many people have "real" muscles. The majority of us are skinny and fragile. But if we apply proper knowledge and techniques, we stand a chance to win. Many lazy folks, prefer handouts and hope to win. I have never hear of a student who is lazy and yet can pass examination. Trading is like war. Do you think our SAF Officers can win war if they do not undergo rigorous and repeated training? Do you think we can be safe and prepared if we do not hold and conduct public Terrorism Drill?

6 January 2006: STI up 17 points. You must be very happy but I am not. Why? It is good to rise but it is rising a little too fast especially some tech stocks. Speculators are like that - if they "feel good", the sky is their limit. If they have no confidence, any darn price can sell or the floor has no limit. The first week of 2006 has got into a flying start closing at 2421. This is a gain of 76 over the 2005 close of 2345. I guess many investors will be looking forward to the Capricorn effect ie "If January closes up, the year will be up." So far, it looks like January 2006 will be a positive month. Looks like those ill-conservative analysts will have to revise their poor forecast upward. Wonder what will be their revised forecast? Maybe they should learn forecasting from me. Maybe they should read The Joseph Cycle book and figure out the STI forecast for 2008!

Watch out for Malaysia! It is akang-datang. What about Japan? One of my subscriber reminded me, "In May 2004 at a seminar hosted by SIAS and titled "Technical Analysis versus Fundamental Analysis", Nikkei was trading below 12,000 and you forecasted 15,000 and 20,000 objectives." And he said, "Guru, do you know that Nikkei is trading at 16,500 now?" I know but I forgot the event in May 2004." After breaking the high of 12,000 in Mar 2005, Nikkei never has a chance to look back - it took off like Superman! Besides Malaysia, Thailand is another dark horse. Why is Thailand underperforming? Since Jan 2004, investors panic and took flight when southern Thailand was embroiled in sectarian and separatist conflict. The problem is still there BUT the chart seems to tell me that the problem is about to be blown away or what we say "Stale News". Over time, investors become immune to the conflict. So expect the laggard Thailand to wake up and start a run. My forecast for DJI is still 15000 and I am confident it will be met.

Have you been using the new charting software? Will hold a seminar to teach subscribers how to use. In the meantime, I am looking for a good brand/wierd name, for example KooChart or something to the effect of Yahoo! Google or Skype. Anything that comes to your wierdo-mind. The prize: Win a one year free subscription to EChartbook. Game for it, try and send me an email. KooChart was the first entry.

3rd Equity Course "Technical Analysis For the Average Investor" schedule on 3rd+4th week February 2006. It is a comprehensive course over 10 evenings; not those useless seminar. Limited 8 pax only; please book early. You will learn how to tame the market and beat it. We dont beat the bush; our students were Lawyer, CFO and Regional Managers etc.

5 January 2005: STI up another 20 points to close at 2404. Needless to say, it is a bull running for election. Tech-stocks are chilly hot and enjoying a run. You read the BT news that all analyts are bullish on the STI for 2006. But their average forecast for 2006 is 2530. Last year, the STI closed at 2345. They are giving the STI a growth rate of only 7.9%. The highest forecast was 2600 while the lowest forecast was 2460. Truly speaking, some of them are either too conservative or do not know how to forecast, while the smarter one follow the economic growth rate ie 2345 multiply by 7% growth for 2006. Ah ha, any Tom and Dick can do that and you dont need a degree too. One trader told me, some analysts were calling for the STI to collapse in late 2005. Well, we are having a flying start to 2006 - the Rooster giving a flying exit and a fiery Fire Dog about to enter the scene.

UTAC top the volume chart today followed by Global Test, Global Voice, DMX, CSM, MFS, Electrotech etc. Tech stocks are on centre stage. Others will come on stage too. Technically speaking, many good tech stocks are still undervalued. It is a waste not to buy but more often than not, our problem is "Money Not Enough". One friendly caution, "Subdue the Greed inside you." Greed on the lose is a ticket to financial disaster. Be happy with what you have and can do. Be contented.

Changes to ECB Charting Software: I am calling it "KooChart" - we will remove the max 50 stocks cap and allow the user to select ALL stocks. But this may not be a favor - instead it may ruin you! I advise all my students to stick to a handful of stocks, know them well, go for good and safe stocks (how? attend my TA course next month) , adopt capital preservation motto and ride the Joseph Cycle.

4 January 2005: At one point STI was up 24 points! Really "cheong" but settled for 14 points gain. Attributed the late selloff to profit-taking. But do beware, some analyst profit-taking may mean "I dunno". But dont worry, I think there is still plenty of upside room for tech stocks. As I said before, techy stocks have been too long in the gutter. Now it is seeing sunshine. The tech-sector rotation is expected to last 4 to 6 months. But do expect profittaking one week before the traditional Lunar New Year. Cheers and yamseng.

3 January 2006: Happy New Year and a happy day today. Why? STI up 22 points. My subscriber called, "Guru, market cheong! All green!" On the first day of trading - a good sign. Hmm, the fundamentals also supporting, "The economy is hot." Projected growth for 2006, something like 9+% and blah blah blah. Ah...you forget, "Bullish market has bullish reasons and vice-versa." But one thing I know, finally all the analysts are seeing through the eyes of The Joseph Cycle. 5741 years ago, the great sage Joseph said, "There will be seven good years followed by seven lean years! And it is from God. And it will repeat." And it was charted. And it turn out true. And today, it is still true.

So what will the STI be on the 31st of December 2006? You should learn how to forecast - DIY. To do that, attend our training courses. 2005 ends with agreements on the following fronts - WTO, East Asia Meet and ASEAN concensus. Singapore is becoming a Jewel of the East. Why? It is a Gem in the middle of the triangular three MOST POPULOUS nations of the world - China, India and Indonesia. And Singapore is their best friend, mentor, advisor and help. Our nation's leaders, past and future, have the foresight and vision to carve such a niche position. Cheers to the PAP. Rising stock market will fuel speculation of Election. PM LHL seems to time it right again. Lady Luck does not favor and reward lazy fellas. Luck favors the illustrious. The Leaders should also pad Singaporeans' back. We as a united people and nation are able to
1. stay together and bond together,
2. remake and re-engineer ourselves,
3. sacrifice for the future and
4. remain disciplined and unbending.
At the end, all I can say is "We must love our Singapore." - a nation founded on Joseph's Time Cycle.

31 December 2005: A Happy New Year to all our students, subscribers, readers and visitors!
A year passed us by. Age happily chalking away. Tragedies blew its highest triumphet. Terrorism paraded its ugliest head. In an age of prosperity, jealousy reigned mighty supreme. In the era of knowledge, ignorance was a butcher's knife.

The Golden Rooster of 2005 brought growth and prosperity to all. Will the Fire Dog flame and fan it further? Or will the fire Dog bury the Golden Rooster out of jealousy?

Snapshots of ECB Charting Software