As always, before I start my day, I love to share/talk about a selected trivial and today’s topic is on King of Pop, Michael Jackson.
Michael Jackson was born August 29, 1958 as the eighth of ten children in Gary, Indiana, an industrial suburb of Chicago, to an African American working-class family. His mother, Katherine Esther Scruse, was a devout Jehovah’s Witness, and his father, Joseph Walter “Joe” Jackson, a steel mill worker who performed with an R&B band called The Falcons. Jackson had three sisters: Rebbie, La Toya, and Janet, and six brothers: Jackie, Tito, Jermaine, Marlon, Brandon (Marlon’s twin brother, who died shortly after birth)[8] and Randy.[9]
Jackson had a troubled relationship with his father. He stated that he was physically and emotionally abused during incessant rehearsals, whippings, and name-calling, though he credited his father’s discipline for his success.
His sudden departure hits me hard as I’m a big fan of this mega star. I remembered the days where I will buy all his CDs and Video tapes to mimic his moves, songs and charisma. Me and MJ-crazy friends even did the ‘Black or White’ dance moves infront of our school mates during a talent-time competition. I was pretty upset that I couldn’t go to his World Tour in Singapore because I was quite sick then. So when I heard that he is going to resume his World Tour, I was so excited as I heard that he have invited so many top dancers and self choreograph the dance moves. But 25th of June 2009, ended every bit of excitement when he was pronounced dead on cardiac arrest.
Honestly, I thought it was a joke when I saw his death headline on TV until more news coverage on it. I was stunned. But nonetheless, I am happy for him in a way, as he was under so much pressure by the Media for his child sexual abuse case even though he was tried and acquitted by the end of the day. The Media still continued to haunt him on it… He will definitely be someone special in my heart and I believe many shares the same feel. Withthat, I would like to share this wonderful tribute for the King of Pop, Michael Jackson, with everyone who adores MJ.
Before my usual market analysis, I always like to share some trival to start the day.
I just saw the latest numbers for the Top-Grossing English Movie for 2009 and Transformer- Revenge of The Fallen took the Number 1 Spot, grossing more than US$402million for the year. Of course, Avator should be chasing very closely but I think the cutoff timing for this report was 1 week ago. The making of Transformer cost was near to US$200million so the investors for this movie are laughing to the bank. Even the script writers are also laughing as the trio took US$8million for their 4months hardwork in their ‘lockedup’ hotel rooms. Overall, the movie really give me the perk as I can recall the days whereby I sit infront of the TV at 6pm to watch it, for an action packed 30mins. I also remembered ‘asking’ my parents to buy the transformer toys whenever we go past Toys ‘R’Us in Marine Parade. I still a proud owner of Optimus Prime and Megatron in my closet. Despite my wife asking me to dump them away, I told her that I’m keeping it to show to my kids in the future as they may not even know what are toys other than PS3/4/5 in the next 10-20years.
Haiz… sad but that’s how things developement as we evolve. Honestly speaking, how many kids know how to play ‘Pick-up-sticks’ now? ‘Jump above rubber-strings?’ ’5-stones?’ I may be wrong but I really don’t see kids playing that around me other than their cold, noise making greyish machines on their hands. Nonetheless, I’m glad the movie makers are bringing back the good memories of the past. Cheers!
Now back to the market,
Despite Hang Seng market not moving in line with my forecast, I am glad that Pound really rocketed up a 100pips from the Entry Price that I suggested. It actually hit a high of 1.6068 ( Given EP was 1.5961 ). Congrats to those who made money on this call. That’s US$1000 on 1contract investment (US$4000). A cool 25% return in 2days!!
For today:
If you missed the profit level and didn’t set trailing stop then becareful as the currency should dip a tab lower first before I see any recovery. I suspect the Pound(Spot) will test TAOS support at 1.5799 first. There is NO TSC today thus a SELL CALL at around 1.5865 area.
That’s the type of precision and conviction that V3Go techniques can give to you once you have graduated from our program. We are conducting our 31st Mentoring Program in late Jan 2010. And currently, we are having people signing up way before the course starts as they wish to join our daily ‘live’ Skype Conferencing so that they can try to pick a few good hints of the market/stocks that we select during the day. That’s a very savvy way to invest for a trading program as we have many graduates making back their course fee BEFORE their course started!! So the earlier you pay up your course fee, the earlier you get to go into the conference before course starts! So why wait??
Contact us at sales@cronwell.com.sg and we will send you a copy of the program’s itinery so that you can plan ahead of time for your scheduling.
For today, it seem like we might see some initial profit taking in the market today as NIKKEI fail to trade higher despite a weaker yen. I suspect Hang Seng may follow suit initially unless it can stay above 21430 (Futures) today.
Overall, I’m still bullish in my take to see STI hitting 2886 before 2009. So let’s see if that happen.
For those who bought SWIBER on our call, do take note that it may face resistance initially at S$1.01. Should it cross this level convincingly then S$1.05 will be the next level. So I suggest booking some profit at around S$1.04 will be good.
Cheers!
Disclaimer apply as usual
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Remember on the 16th of Dec, (Use the blog search engine on the right side), we call for long on Indon Agri, Genting, SAR, Swiber, Golden Agri and Yingli??
Most of them are up more than 8% since. That’s less than a month of investment!! Isn’t it incredible??
Later this week, we will be doing an overview of how we know these stocks will move up… and then you may really want to consider to join our 31st V3Go Mentoring Program in late Jan 2010. Some have already paid the full course fee, way before their course because they want to see ‘live market calls’ of ours in the V3Go Grads-Only Skype Conference. I heard that one of them already made S$500 on Olam recently!! Isn’t it fantastic!! Which course in Singapore give you market idea before the course even start??
Join US now by contacting us at sales@cronwell.com.sg and find out HOW you can join the ’live market commentary’ as a V3Go Grad.
Cheers!
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
V3Go Team
Remember the time when Crude Oil was plummenting and many oil related stocks were down? While people are getting out, we were looking to entry/opportunities instead. That’s why we call on Semb Corp, Noble, SAR etc.
Here is how we know Crude Oil was a LONG than a short during the selling period.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
This is what I shared with my V3Go Graduates who are involved or intending to trade the Forex market.
v3go han (28/Dec/2009 1:25:02 PM): Hi V3Go Graduates,
For traders who are trading forex OR intend to trade forex, take a look on Pound today. I’m looking at a potential 100-200pips run up from here with a potential downside of 50pips. Now trading at 1.5961 (SPOT).
Have a great trading ahead.
Nothing is 100%. Ensure you place cutloss level at all time. It’s not that you are unlucky but because the market is not ready yet.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Since March 2009 when STI was at 1450, I been very bullish on the local STI and regional Asian Equities market despite the Experts, Analysts and Economists calling for sell or get out.
Then came June, when it was trading at 2350, based on mathematics, its UP by 62%. Based on any TA textbook, its overbought but I stand firm on my stand that the market still got plenty of room to go up highly. But again, many Experts were looking at a double bottom formation to ocur then.
Then we saw Sep, the index hit 2680 and again, based on Mathematics, its UP by 84% since March’s low of 1450. Versus June level against Sep level, isn’t it super duber overbought? And more people fear on possible correctional move to come. More people went short than going long. More people are staying on the side but again, I stood firm with my stand.
Now is Dec 2009, the Index is trading at 2856, based on Mathematics, it is UP by 96%!!! Are you selling??? Based on some survey in Hong Kong, more than 70% of the investors there are less than 50% invested in the market!!!
At V3Go, we don’t re-invent the WHEEL, we just make it better.
Cheers!
Disclaimer apply as usual
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
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