STI EW count?

Been too busy.
This is a latest EW count?

Just my 2 cents.... It could be wrong. For viewing pleasure and for entertainment value.

Primary 4:
A: 3314 ~ 3118 (-196)
B: 3118 ~ 3280 (+162)
C: 3280 ~ 2916 (-364)


Primary 5:
1: 2916 ~ 3208 (+292)
2: 3208 ~ 3000 (-208)
3: if 1.618 of 1, then +472 = 3472   (3165 is critical due to downtrend line not drawn in)


Alternate count:
Primary 4 has not ended.
A-B-C-X-A-B-C


My 2 cents. That's all. Back to work.

Ceasing Updates to this blog

I'm ceasing updates to this blog. Simply have no time nor mood. I might return if and when I have more time after I complete some of my targeted goals.

Please kindly visit the following blog links instead. I will be back, but not so soon.

Blogs on Singapore
The Finance.sg
Passive Income Investing
CookieGuy's KT Wealth
AK71
SingaporeanInvestor
Rick Kid Wannabe
Dividends Rich Warrior
kmchang's investment journey
DIY Value Investing
Sanye Investment Portfolio
A Investor -- Alvis
Ghchua's Investment Portfolio
AC88 Blog
Bully The Bear
Investment Moats
SGBlueChips
SGMusicWhiz
SGFinancialFreedom
My Willy Nilly Thoughts
The Wealth Journey
NTU Chartist
Synapse Trading
Holy Fish Shrine
A Notable Quote
The P-T Trader
Hahalol
My Market Opinions
Singapore Stocks Picker
Create Wealth 8888

March 2011 Portfolio Update

March saw a terrible disaster at Japan, leading to my holdings of companies with Japanese exposure going down substantially. In addition, panic selling brought down prices further. Unfortunately, I have used my opportunity funds to enter Singtel the previous month. But fortunately, Singtel did not go much lower than my buy-in price at all, displaying the resilience of this telecom company. Neither did Starhub budge much too.

Since I have no opportunity funds, I did not enter this month. The good news: prices have not substantially recovered since the Japan crisis. The bad news: my rate of growth of opportunity funds wasn't as fast as I would like it to be.

While we profit from the crisis, do spare a thought for the Japanese by donating to Red Cross or the little donation box at Yoshinoya counters around Singapore.

Follow Up Quick Views on Eratat

In my earlier post on Eratat, I stated my views of the business and the events happening without taking a good look into the balance sheet. I got interested to pour through Eratat's business, etc, because it appears that quite a number of people are interested in it.

In this post, I will share some quick calculations on Eratat.
Also in this post, let's assume that the financial figures presented by them is correct and all cash is indeed there, else all calculations would be wrong anyway, which sorts of defeats the purpose.

Finally, I take all calculations rounded off, and an exchange rate of 1SGD to 5RMB for simplicity of calculations. Some of my calculations will be in SGD and charts are in RMB.