13 Jan Journey 2 Mysterious Island

The sign from Divine is here. Incase, you do not understand the power of Hollywood movies, see what " UP " did to the market in 2009. And then Harry Potter's movie "This is the END". Now the movie is Journey 2 Mysterious Island. Because my stance is BULLISH, the bull market has started from 1075 low. AND Wave 1 has completed, and now we are about to move into wave 2, a retracement. It can be a shallow retrace to 1200 over a longer time period or a sharper 1100 in a short time. But there is a clue: it is a Mysterious Island. A.k.a., we see an Island reversal, with an impulsive down move coming. Which suggests quite a move. Otherwise, we would not have the movie right ? IT is showing 3 Feb in UK, 10 Feb in US and 19 Jan in Asia, before the Asian's Chinese New Year. US market may hold up for another month, possibly hitting close to 1400, or it maynext week just turn belly up on 19 Jan, a Thursday, also before options expiry. So put on your trailing stops, we still can load up on dip, go for one more round of drinks, and then full gear for a downslide. did you guys watch the Bungee jump when the safety rope snapped ?

Goldmanknight Tim Geithner was in Beijing, he was sitting in audience to Wen JiaBao in the great hall. And when Wen JiaBao was speaking, his eyes were oggling at the ceiling. Tim studies in Beijing when he was younger. He was a bad boy then. Last time he spoke in Beijing University, talking about STRONG US DOLLAR, the entire hall of students laughed. End of January, Obama would institutionalise the Taskforce to investigate China trade malpractice. China has flatly denied any import of Iranian oil. So to prove he means business to drum up conservative's support, Obama may start some fire on banishing trade with China banks (of course to no avail). However, there is a risk, if the Goldmanknights have set sight on Chinese Banks, they may use this opportunitiy to launch an attack on China banks from Hong Kong. Sometimes a seemingly pussy punch hides a dagger. However Japan has decided to please Obama and announced steps to reduce Iranaian Imports. Japan nuclear reactors are mostly shut. and if they curtail their imports, to replenish it from other sources. The demand would keep Crude prices up. Embargo or not embargo, WTI Crude is heading for 120. Now it is time for the Funds to think about USO and UNG. The main event to watch is these Saturday Taiwan election. China has largely supported trade with Taiwan, benefitting the business owners, conglomerates, while the farmers still earn peanuts. It is a test of the 99% against 1%. Apple's greatest Taiwanese contractor Foxconn has exploited cheap labours in China under favourable trade terms with China, and the boss of Foxconn has sponsored airtickets to fly all his Taiwanese staff back to Taiwan for election. It is time for Divine to intervene. JPM results out on Friday. This would fire the first salvo for the so-called Banking recovery, when the Funds are piling into Financial Stocks since Day 1 of this year.