u've gotta teach me man....ralph nelson elliot..and his waves... i see until "that-one" big big...and still cant quite get it...
OptionsStrategies & Discussions.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).InvestmentStrategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
K, me still not qualifed lah, my skills at < 50%. If you are keen, I can recommend my sifu's course to you. Paid course. He specialised in TA, teaching pattern, trendline and moving average only. These 3, according to him, is the most basics of TA and hence most impt. He also teaches market psychology as well.
C : thank you for this..maybe if he is very good at EW, i will be keen....
OptionsStrategies & Discussions.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).InvestmentStrategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
Chiron : . thanks..one day, i will meet him...let fate decide...hahaha..
moving on to more important topic...
your V.....wah sui sui....now sitting right at 61.8% fibo retracement....$68.27...twice in a row it performed this stunt..this week... BUT (in life always got "but" one), it is now right at 50% fibo resistance (hahahaha) at $72.38
i've taken an interest in this bcos i like V's model of business lah.... people spend, they make...so simple...no inventory to worry, not heavy duty operations to worry, just get more POS....easy easy money for them lah...
cant be MA is so highly capitalised and V is at ~70 only....but this one, sure must take time to bear good durian fruit..
what you think man?
OptionsStrategies & Discussions.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).InvestmentStrategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
Visa revenue is abt 33% higher than Mastercard, and hence it was reflected in their PER as well. CEO two months ago has came out and gave guidance of 15-20% growth for the next three years til 2011. Cash generation per year is USD1B. Mastercard revenue has a higher portion from non-US while VISA has abt more then 50% from US. Their main sponsorship of Olympics will be critical to penetrate the huge china mkt.
i duno about FA lah....was it about $69 is where the TA support is?
then keep selling 70strike Puts...and wait to be assigned, and meanwhile, collect "dividend" every month..if price doesnt drop <70 lor...
OptionsStrategies & Discussions.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).InvestmentStrategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
i think aug65 seems like a better bet... $1.60 is not bad too...about 20% in one month of yield ....really enticing man...
bc / chiron : views?
OptionsStrategies & Discussions.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).InvestmentStrategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................