Wilmar Daily chart updated till October 31, 2013.
As seen from the chart, we had a Huge Volume Day on June 21, 2013, when Wilmar hit a high of S$3.38 with a volume of 44 million shares changing hands.
In my view, S$3.38 has now turned, from being a resistance, into a very strong Support. Hence, for Wilmar to continue to move higher from here, S$3.38 HAS TO HOLD.
And, as Wilmar is still trading above the 3 moving averages, I am biased to the Upside.
Thursday, October 31, 2013
Wednesday, October 30, 2013
Monday, October 28, 2013
Sunday, October 27, 2013
Saturday, October 26, 2013
Friday, October 25, 2013
Guest Post: The Fed Can Only Fail
...It is simply not possible to grow your debts faster than your income forever.
Hoosier's note: Don't keep Cash...invest in productive assets!
Guest Post: A Tale of Two Charts: Are We 2007 America Or 2006 Zimbabwe?
Hoosier's note: The USD has weakened against the AUD, EUR, and the GBP in recent weeks (but relatively stable against JPY) and I find it quite odd.
Is there more (USD debasement) to come? I am not sure.
But, long-term, I believe the US of A has lost its credibility as a Financial Powerhouse of the World.
Thursday, October 24, 2013
Wilmar #08
Wilmar Daily chart updated till October 24, 2013.
As seen from the chart, the 50-day moving average (in blue) has made a cut above the 100-day moving average (in grey).
Wilmar hit a high of S$3.51 on Wednesday, October 23, 2013. Hence, to see Wilmar moving higher, it first need to break above S$3.51. There is also another resistance at S$3.55 which I had mentioned at the TPG Forum.
I am beginning to sound like a broken record, but, we REALLY need to see the rise in Wilmar's share price being accompanied by HUGE VOLUME.
I hope to see a volume of 30 million shares soon.
As seen from the chart, the 50-day moving average (in blue) has made a cut above the 100-day moving average (in grey).
Wilmar hit a high of S$3.51 on Wednesday, October 23, 2013. Hence, to see Wilmar moving higher, it first need to break above S$3.51. There is also another resistance at S$3.55 which I had mentioned at the TPG Forum.
I am beginning to sound like a broken record, but, we REALLY need to see the rise in Wilmar's share price being accompanied by HUGE VOLUME.
I hope to see a volume of 30 million shares soon.
Tuesday, October 22, 2013
The CRON challenge - Eat, Fast, Live Longer - Horizon - BBC
Hoosier's note: Eat normally for 5 days and Fast for 2 days...help to reduce weight and risks to health.
Wilmar #07
Wilmar Daily chart updated till October 22, 2013.
My father just asked me, "how's Wilmar?"
I said, "it hit a high of S$3.51 just now."
He said, "wow."
I said, "no need to wow, let me show you the chart of Wilmar."
So, I showed him the chart posted above.
I am holding Wilmar long-term, and, if I have nothing to buy, I will hold it until I see my price target (to take profit).
By the way, the 50-day moving average (in blue) has yet to cut above the 100-day moving average (in grey). If Wilmar is able to hold on to its gain today, we will probably see that cut at the end of the session.
Further note:
I was just showing my father what happened when the 50-day MA (Moving Average) cut above the 100-day MA, and when BOTH the 50-day MA and the 100-day MA cut above the 200-day MA.
My father just asked me, "how's Wilmar?"
I said, "it hit a high of S$3.51 just now."
He said, "wow."
I said, "no need to wow, let me show you the chart of Wilmar."
So, I showed him the chart posted above.
I am holding Wilmar long-term, and, if I have nothing to buy, I will hold it until I see my price target (to take profit).
By the way, the 50-day moving average (in blue) has yet to cut above the 100-day moving average (in grey). If Wilmar is able to hold on to its gain today, we will probably see that cut at the end of the session.
Further note:
I was just showing my father what happened when the 50-day MA (Moving Average) cut above the 100-day MA, and when BOTH the 50-day MA and the 100-day MA cut above the 200-day MA.
Another One Trillion Dollars ($1,000,000,000,000) In Debt
...We are stealing about $100,000,000 from our children and our grandchildren every single hour of every single day. This goes on 24 hours a day, month after month, year after year without any interruption.
...If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.
...If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
Monday, October 21, 2013
Fed could up QE to $1 trillion a month: Marc Faber
Saturday, October 19, 2013
Dollar Breaks Down
Hoosier's note: I am posting this article before I even read it...because the Title said it all--just like what I have observed recently in the fx market.
Jens Nordvig
Hoosier's note: This guy is THE BEST fx strategist that I have seen.
I think it was less than a month ago when EUR/USD was trading around 1.34, he said that EUR/USD will hit 1.37 in a very short time...and EUR/USD came very close to 1.37 last Thursday or Friday.
I am going to follow him VERY closely.
I have added his Twitter on the blog.
TPG posting on October 19, 2013
I posted the following at TPG today. It's something that I learnt from a Logic course at Indiana University at Bloomington, Indiana, USA, almost 30 years ago,
Click on image to enlarge...
Friday, October 18, 2013
Duran Duran - Ordinary World
This song was played on Breaking Bad (around 0:16:00 in the video on Breaking Bad in the post earlier)...what a beautiful song...
Friday Humor: "Don't Worry Ben, I Got This!"
Hoosier's note:
The US of A is BANKRUPT!!!
The US of A will NEVER be able to pay back what it owes!!!
The US of A can only continue to print money, and it has threatened the World that if the rest of the World would not allow it to continue to print, it will default and EVERYONE will go down with it!!!
Janet Yellen will continue to print.
So, don't hold Cash...buy something productive like a good dividend-yielding stock.
And, DON'T GAMBLE!!!
Bus 190: Mission Impossible
This is happening in Singapore...with the so-called "World Class" Transportation System.
Thursday, October 17, 2013
Janet Yellen Exposed - The Truth Behind The Myth
Hoosier's note: She will print and print and print and print.
That's why I don't want to keep Cash. I will buy stocks, that I like and at prices attractive to me, whenever I have the money.
Tuesday, October 15, 2013
Dylan Ratigan Rages Over "The Extraction Of America" And The Bought-Off Congress
Hoosier's note: Obama will not negotiate until he gets what he wants FIRST. The risk of a US Default has increased markedly in my opinion.
Monday, October 14, 2013
Sunday, October 13, 2013
Friday, October 11, 2013
Peter Schiff On The Debt Ceiling Delusions
...Taxation transfers purchasing power from people living in the present to other people living in the present. In contrast, borrowing transfers purchasing power from people living in the future to people living in the present.
Wilmar #06
Wilmar Daily chart updated till October 11, 2013.
From the chart, Wilmar is 'trapped' between the 50-day (in blue) and the 200-day (in red) moving averages.
To break out of this trading range, we need to see a HUGE volume.
I am biased on the Bullish side.
From the chart, Wilmar is 'trapped' between the 50-day (in blue) and the 200-day (in red) moving averages.
To break out of this trading range, we need to see a HUGE volume.
I am biased on the Bullish side.
Thursday, October 10, 2013
Wednesday, October 9, 2013
Tuesday, October 8, 2013
Blumont denies knowledge of stock price manipulation
...BLUMONT Group said on Tuesday that it was not aware of any manipulation of its share price, calling it the job of the Singapore Exchange (SGX) to find out and not that of the management.
Hoosier's note: This particular Foreign Talent really got balls...dare to challenge the SGX (and indirectly challenging the MAS and the Singapore Government).
I guess the Singapore Government has fine-tuned the Foreign Talent Policy and we are now getting Foreign Talents of such Superb Quality.
At least now it’s obvious who’s really in charge
Hoosier's note: I like this image!
I have long suggested that EVERYONE (yes, you and me included) should be allowed to print money at home.
Just create a website with all the currencies in circulation; everyone be allowed to sign in with a facebook or gmail account, and just click "PRINT"!!!
Nobody has to work no more!!!
What a wonderful world!!!
Monday, October 7, 2013
The (in)Famous 3 Musketeers of the SGX--Asiasons, Blumont and Liongold
Daily charts of Asiasons, Blumont and Liongold updated till October 8, 2013, at about 2:05pm Singapore time.
Asiasons...
Blumont...
Liongold...
Asiasons...
Blumont...
Liongold...
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