"There is always a disposition in people's minds to think that existing conditions will be permanent. When the market is down and dull, it is hard to make people believe that this is the prelude to a period of activity and advance. When prices are up and the country is prosperous, it is always said that while preceding booms have not lasted, there are circumstances connected with this one which makes it unlike its predecessors and gives assurance of permanency. The one fact pertaining to all conditions is that they change."

Charles Dow
Co-founder of Dow Jones & Company

FCPO Mar-Apr spread 240 min...

keithytoh

15 min uptrend

MERRY CHRISTMAS to all

Santa Claus is in town....

S&P 500 30 min, where are the trends?

Just when the bears were dreaming of huge profits from the misery of the pension fund holders, retirees and ordinary investors, they lost sight of the

SANTA CLAUS RALLY, a seasonal tendency in stock markets

http://www.investopedia.com/terms/s/santaclauseffect.asp

DEFINITION of 'Santa Claus Rally'

A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness around Wall Street, people investing their Christmas bonuses and the fact that the pessimists are usually on vacation this week.

INVESTOPEDIA EXPLAINS 'Santa Claus Rally'

Many consider the Santa Claus rally to be a result of people buying stocks in anticipation of the rise in stock prices during the month of January, otherwise known as the January effect.

SKPETRO

AFFIN

.......after the kaputulasi...

All systems red....

Singapore Exchange Launches New Malaysia Index Futures Contract

http://www.morningstar.com/advisor/t/99833041/singapore-exchange-launches-new-malaysia-index-futures-contract.htm

The best analyst report or expert view or news article is from 6 months ago, in this case from 6 years ago, when the experts at Goldman Sachs were calling for a super spike in crude oil price to US$200 per barrel.

The current price is US$54-55 per barrell. As Stanley Kroll puts it "Those who know don't tell, those who tell don't know" In essence the experts (highly paid or not) are like us, just guessing on the market direction.

http://www.belfasttelegraph.co.uk/business/goldman-sachs-oil-will-superspike-to-200-per-barrel-28391178.html

Just one word. .."Patience"

"We will look at the data with patience" Janet Yellen

Starting to trend up, after failed short squeeze...

Spring is coiling again....

It was commendable for the exchange to reduce the exchange fee on FkLI futures trade, in an effort to revive a dying contract. The objective was to increase local participation which had dropped to <20 25-30.="" br="" from="" of="" traded="" volume="">
However there are still measures to improve this further, if the exchange is willing to listen.

1 They still discriminate against the smaller traders with the quota. Best to trade everybody on same level playing field in 'day trade'. Give the local concessions on day trade to everyone, irrespective of monthly volume.

2 If you want to discriminate, you  can keep the scratch trade concession.

Will they listen? Maybe need a Board meeting to be scheduled.

BBC News - Sydney siege: Who were the victims?

http://www.bbc.com/news/world-australia-30490838

Spring is coiling...

Squeeze sets up...

CIMB at least something...

CIMB 60 min

BBC Sport - Roma 0-2 Manchester City

http://www.bbc.com/sport/0/football/29363523