Tuesday, February 10, 2009

More on Fengshui and the markets





Like the man says:-‘Have all your Black-Scholes, rocket science quantitative black-box models and fundamental analysis done much better over the past year?’”

I append here a few charts that are predicted on their coming moves. Their workings are base on Chinese 4 Pillars calculations. And one thing that immediately strike you will be their likely directions are greatly contradictory to what the market "experts" have been calling. Eg. an extreme bearish equities markets, buy gold when everything else 'fails', US Dollars fast becoming as worthless as the Japanese banana notes etc.

While I know absolutely nuts about the Chinese 4 Pillars reading, but base on my own technical analysis readings on all these charts, I am more inclined to go with them. I think the US equities and crude oil are dying for a strong rebound; the USD is due for a correction
and gold may due for a major fall, just look at its chart formation, I am thinking about a major a Head & Shoulder xtreme bearish setup.

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