Just drop by again to say please ignore my buy call below.. Those who bought, your stocks would have gone up 5-10% past week. But market is still quite news driven, and nobody can be 100% sure. So just ignore the post and do your own homework k..
How technical analysis (TA) can help
identify major turning points in market:
The sell call in Oct 2010 for STI 3300 when it was still at 3150. As it happens, STI crossed 3300 and started a 25% correction to 2500.
The buy call in Mar 2009 on HSI and stocks for a major bull run. This signal was from a TA program I wrote. A 1.5-year bull run started.
In Oct 2008 bear market, estimate the bottoming of bear market to take place around Mar-Jun 2009. Which it did in Mar 2009.