Readers' Feedback on "What ails the KLCI?"....

Assalamualikum Sifu, Wave 3?? still finetuning my charting & collecting my lost reserves anyway, one of 2002 participants fr your homestate bercadang jadi jutawang & is reading up all technical materials. He has just sat for the remisier's exam & has already resigned as the economist fr his org. Forecasting oil palm prices just not his cake! Confident Guy! u should hear his sales speech to potential clients, talking of EW, the signals be it fr candlesticks, Fibonacci Retracements, the trends in volume & volatility, dll. He has managed to convince many to trade w him when he becomes a remisier... intends to challenge Will of philips Capital poor Syed! will compete against him then since dia join the same broker house

Dear Arifin,

Picked up quite a bit from your January article. I am
still trying to access Tom DeMark's indicators thru' Bloomberg to get a feel of his ideas. Pity it's not in Metastock. Also, finally read up Nison's Beyond Candlesticks. The Kagi/Three Line Break is pretty interesting - but they give little trading signals.
There's a lot to learn, though.

So, what's your take on the current market? Could we be caught in another bloodbath in the Bermuda triangle .... whilst crying tears of blood for ourselves & Iraqi civilians (pardon the dramatisation !!)?

Anyway, here's another Fibonacci gem I have discovered:-

From 10/4/01 to 23/4/02 - 253 trading days
From 24/4/02 to 3/12/02 - 156 trading days

156/253 yields 0.6166 !!! My initial belief was that this was meant to cover one minor bull/bear sequence - but I'm increasingly doubtful now. I am not sure how the Elliot Wave count fits in here. The FTZ (Monthly) on March 03 still stands though.

Care to comment?
Regards.

PS - I am presently going thru' an interesting Fibonacci book by Robert Fischer, 2001 (I am really behind time!). He's come up with the means of drawing a phi (golden mean) spiral with his software. I am not sure if I can make it work on the Metastock data files. Are you familiar with this stuff?

.... So thanks again. Belum habis baca semua. Got to go to FAO, ada appointment with the FIVIM Secretariat. Incidentally, FIVIMS stands for Food Insecurity and Vulnerability Information and Mapping System. We have not started to build the National FIVIMS yet. Others in ASEAN, like the Philippines, Indonesia and Thailand have gone very far and linked it with their existing information system. Salam.