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My Charting Blog

It is interesting that I start off this Blog when the Singapore Stock Market is heading south. However, this makes it more interesting for me to write on as the market turned volatile. My interest is Technical Analysis, TA for short. I love to look at charts and predicting where they are heading. This blog is or me to record my thoughts on the market. The articles on this blog are based solely on my personal opinion on the charts that I read and readers should not take it as absolute.

12/14/2010

Genting mimicking STI

I was introduced to a new program today by a fellow forumer. Well, it is not very new but its new to me. Its call Dateline NBC: To catch a predator. It is a program about trapping and catching peadophiles in USA. It is indeed quite interesting and the program runs a few states in US. If anyone interest in the program, you can just check up http://www.youtube.com. Watching the program is indeed disturbing.

One thing that you will notice is that most of the peadophiles aren't of marcho nature. They are either plum or thin, do not really seem with capability of social relationship and not good at expressing themselves verbally. These are not alpha males and therefore need to aim lower to minors. It is only through a vase seniority that they can feel power.


Fig 1 Genting Daily Chart

As I look at Genting's daily chart, I kind of link it to STI daily chart. Both has completed a left shoulder and a head. They are at present probably working on the right shoulder, provided that the market is turning.

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