This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Wednesday, November 30, 2011
Tuesday, November 29, 2011
Monday, November 28, 2011
Iran's Oil Trade Ban will benefit Russia
. But then they agree also oppose in principle to deny Iran nuclear weapons
. Is it then all show ?
. If war breaks out ...
. Dow Drops
. US$ Up
. Oil up
. Aussie down
. Gold up
http://online.wsj.com/article/SB10001424052970204630904577059971802992212.html?mod=googlenews_wsj
Sunday, November 27, 2011
Japan warns of More Forex Intervention !
. Businesses wants 100Yen
. Strong Yen leads Japan Economy into recession
Russia : Vulnerable to external shocks !
. Vested interest for Oil price to go up.
. Every $10 increase 0.5% in GDP
Why Countries wants to manufacture cars ? Reduce Trade Deficit
. Cars is increasingly becoming a trade deficit for most countries
. So by building a local auto industry, cut down in imports
. Reducing Trade deficit.
. Make the economy stronger.
. Therefore countries like Malaysia has printing Saga
. But small countries like Singapore goes one better by having COEs.
. Certificate of (car) Entitlement. Which could be as much as US$50k
Does taking out Iran's Nuclear capability outweighs the consequences ??
. Are war preparations underway ?
. If sabotage and covert actions and cyber wares is any indication, it is !
. Is the collateral damages worth it ?
. If it is , there will be war !
. And if the Millitary think tank thinks they can mitigate the threat from Iran and minimize the risk.
. Iran after all, fought Iraq a more inferior force for 8 years to a stand still
. How will it fare against US and NATO that has plenty of war experience.
. I think war will break,
Thursday, November 24, 2011
If ECB cannot be Lender of last resort, who can ?? IMF ???
.
http://www.newsmax.com/StreetTalk/Summers-IMF-Europe-denial/2011/11/23/id/418942
Wednesday, November 23, 2011
Prince Charles : King of Romania ???
. Genealogy traced to Romania
. Substantial investments in Romania.
. No, No, No, it's not going to happen
. But goes to show, whole of Europe's royalty is related one way or other.
http://www.sheknows.com/entertainment/articles/848159/will-prince-charles-finally-be-king-of-romania
Tuesday, November 22, 2011
6000 Chinese shoe factory workers strike in Guangdong
. Government is beating a different beat
. Using their sovereign funds to invests externally
. Global divestments and cross investments.
. Sydney's airport own by a Spanish company even as their own airport
. Is owned by Chinese ??
. One World Government
. The world is in a man made crisis.
Xiamen wants to be the Miami of China
. Western Australia wants to be California of Australia
. Well like they say imitation is the highest form of flattery.
. As successful as China is economically and WA riding on its coattail
. Their benchmark of success is still America
.
. Of everything bad they say of America
. It's still being emulated and benchmarked on.
. Ok you can say that Hollywood plays big part and English
. But if there is no fiction and fantasy if there is no reality.
. Chinese and Russians are moving to US of A in droves.....
. And let's not kid ourselves that the GDP per capita is on par
. Because its not. Maybe one day. But not yet.
. America society, culture, way of living, democracy has passed through
. Countless trials and years of practice.
. Ok, for one, Take Property Rights for instance....!!
. The acid test of democracy !!!
Iran : Faces Financial Strangulation.
. Iran is already at war .
. The weapons not necessarily Millitary.
. This is the modern warfare.
. Economic,Trade,Financial,Cyber warfare.
. Without money, people start to do crazy things.
. Iran will be forced to show its hands sooner or later
. Fight, negotiate or agree
Monday, November 21, 2011
Sunday, November 20, 2011
Ron Paul : US Troops in Australia is mischief
. He says China is US banker, why should they attack US ??!
http://abcnews.go.com/blogs/politics/2011/11/ron-paul-says-u-s-troops-in-australia-is-mischief/
Saturday, November 19, 2011
Friday, November 18, 2011
Duqu : Virus on Iranian industrial control system
. Like it or not, Iran is already at war.
. Just like 9/11, was it an act of declaring war ?
. If someone throw a firebomb on my house, I would say that is declaring war on me
. Wouldn't you ?
. Legal quagmire and legal definition aside, an act f aggression is an act of aggression
. Now, Iran's scientist, Millitary leaders are assassinated .
. Accidents
. Virus
. I will say, the war is in on !
Wednesday, November 16, 2011
Russia celebrates WTO membership at last !
. Ideology or not, money talks
. Even communist china gives way to capitalism.
. Being a member of world community, Russia will have to aide by the social norms
. On Iran, it probably will still be vocal but to do anything else to jeopardize the newly
Acquired status as a member of WTO
. It has become the in club.
. Will it really want to associate with a "pariah" state.
. New friends will shun old friends.
Israeli Kindergarten hit by Gaza rocket
. Even as Hamas is trying to seek political legitimacy to rule
. And greater influence on the global political front.
. To give it further political clout and legitimacy
. Which it and Palestine may not have in the first place.
http://www.israeltoday.co.il/News/tabid/178/nid/23017/language/en-US/Default.aspx
Tuesday, November 15, 2011
Germany : the last stand for Euro
. Who wants to save Euro ?
. No, not the Chinese. Not the US, Not Asia
. Everyone is saying Euro save yourself !
. But Europe is unable to save Euro
. Except Germany who is very very very not willing !
. Looks like Euro is going down hill fast !
. 2 prime Minister's have fallen victim
. The 2nd largest european Economy has fallen victim.
http://www.spiegel.de/international/europe/0,1518,797666,00.html
Syrian's Assad dethroning is only a matter of time
. Even a Neighbouring leader cannot stand it anymore
. The clinging into power among bloodshed..
.
Monday, November 14, 2011
Govt using private sector money to fund public works
. To offset slowdown in the private sector.
. As far as the broad indicator of economic activity is concern, GDP
. If there is Budget surplus to draw from, fine, if not
. Government issues Govt IOUs to fund the public projects
. However now that the govt neither has Budget surplus nor can borrow some more
. Without consequences,
. It has to resort to using their "power" to "bully" Private Pension funds
. To fund the projects.
. Thus the term P.P.P
. Private public partnerships.
. Govt using private sector money to fund public works.
. So it's not the death of liquidity but re-channeling traditional and conventional
Fund flow.
. Question, Can Private Sector Funds be persuaded to fund public sector work ?
. The banks were the primary victim during 2008 GFC
. But now the Govts are in peril, the same govt that bail out the banks.
. So now the recapitalized banks come to the Govt rescue ?
. Sort of, with Other People's Money (Pension funds)
. While they earn fat fees
. Yes Please continue to Occupy Wall Street !!
http://www.economicvoice.com/uk-plans-to-loot-50bn-from-private-pension-funds/50025676#axzz1dkEOayxm
Australia to lift Uranium Export Ban to India
. US, Japan are 2 of the countries already selling Uranium to India
. Who is not an UN Nuclear non proliferation treaty
. Liberal has always advocated it via Tony Abbott
. Is this part of a horse bargaining process.
. Seems like Julia Guilard is not a woman in her own right.
. Going back in her words on Carbon Tax and now wants to overturn a labour
Nuclear position.
http://www.perthnow.com.au/business/push-for-labor-to-dump-india-ban/story-e6frg2qc-1226195195307
Abu Dhabi Grand Prix. ...Abu Dhabi Art center.....what's going in !!
. It is Americanization.
. It is Westernization.
. It is Consumerism
. It is individual rights through igniting the pleasures of life.
. Once the soul is ignited and fueled with the pleasures of life
It will lust after it.
. Lust and greed will topple any regime. Any ideology.
. What the media calls "Market Forces"
. Its subversion of Islamic culture or any culture !
http://www.firstpost.com/sports/top-10-finish-for-sutil-resta-hamilton-wins-abu-dhabi-gp-129927.html
Sunday, November 13, 2011
Chinese Millionaires emigrating in Droves
Hahaha....say what you like about America, it's still The Place in the World !!
http://globalspin.blogs.time.com/2011/11/11/made-your-millions-in-china-now-its-time-to-move-overseas/?xid=gonewsedit
ECB : To print or not to print $, Dear Angela of Germany
Saturday, November 12, 2011
4 Country ETFs to Escape Financial Mayhem : Singapore, Norway, Australia, Canada
. My Pick will be Canada
. Australia although relatively unscathed till now is vulnerable to another slowdown in China
And too dependent on Mining industry .
If commodities prices and demand drop amidst rising cost and 2 new taxes,
Carbon tax and MRRT, Mining is going to be hit hard.
. Singapore is a drop in the world map, relatively ignoring size UT has done well.
But it is like a dinghy in the swelling waves of the ocean.
. Norway, maybe good but it's in a region of Economic Quicksand.
. Leaving Canada, neighbor to the largest economy in the world but financially strong and stable.
. So my pick is Canada !
http://www.reuters.com/article/2011/11/11/us-usa-investing-etfs-idUSTRE7AA4DX20111111
Friday, November 11, 2011
Should US weakened the US$ ? Instead of punishing others that do.
. It means your foreign Buyers of your hime products & services becomes more undesirable
. And costly
. So rather have more supply of money risking inflation than have expensive money.
. These all comes at a costs.
. It means selling your own currency. Print more and sell more
. Or buy more of somebody else.
. Both spells trouble.
. Safe haven currency like Swiss and Yen are basically targeted vs US$
. Swiss and Japanese govt have intervened.
. So should US intervened as well.
. They could if they can....but it probably makes matter worst.
http://www.ft.com/intl/cms/s/2/d761be04-0a3a-11e1-92b5-00144feabdc0.html#axzz1dPTtOOzI