About this blog

This blog was started as a whirlwind. So these objectives are laid out on the top as a reminder to me and for you to remind me. These objectives will change accordingly. Do praise or criticize me for keeping to my plan or deviating from it. This is the start of accountability to my plan.

There are Twitter updates, if you are my friend please identify yourself when you add to your follow list.

Long term objectives
1. To be financially independent so that I can free my time in devoting to God and Family.
2. Money is for memories. I want to take my Family to Disneyland in 2014. I want my daughters to remember this for life. I can also take this to my grave.
3. Trading as a vehicle to secure my daughters' future education requirement.
4. Continued learning/evolution of myself and the markets.
5. This is not for fun, it is a means for an end. Be very ruthless!

Saturday, May 2, 2009


I believe we are still in a downtrend until we hit 59-60 levels. The 15 min deadly outstanding projections is still 60.25 unless we take out 887. And the 261.8% extension of this down ABC is at 59. Usually it is either the 161.8% extension or the 261.8% extension is a stopping and turning point.

But then again, you can see another ABC on the upside formed.
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