Friday, February 18, 2011

When All Else Fail

Since most analysts and market experts have gotten the first couple of weeks after CNY wrong, we have little choice left but to refer to the master, the unerringly correct yearly market predictor by the CLSA team. This has been featured in some publications and numerous blogs before. Click for larger image.

The first reaction would be "damn, if only I followed the chart properly", it had February as a deliberate down month, so far so good. Too late to do anything much now, wait for market to consolidate, at least April looks decent. From the chart we should sell everythiung by end of April, proving that the old adage "sell in May" looks to be holding true again this year.


Go for holidays and then come back to load up in the last week of June.

When you run out of explanations and directions, stick to something tried and tested. Lol ... but cannot argue when its 80% correct for the past 2 years.

14 comments:

cina.fong said...
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Loo said...

Dali, if the CLSA chart holds true, then there is plenty of trading opportunities this Rabbit year.

cina.fong said...
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clk said...

Its interesting to note this CLSA FS Index first started as a "joke" many moons ago..and has since stuck. Those of us from the early 90s will recall how everyone in the finance field wanted to be an analyst then.

Just goes to show that we don't need paid analyst anymore.....?

wys said...

Probably the entire chinese population around the world is following this chart ..LOL

walla said...

en version:

http://is.gd/3fISvJ

cn version:

http://is.gd/hk94CB

Marcus said...

What about election coming period coming soon?

cina.fong said...
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Pablo Gibson said...

lets see what happen

tanhc said...

haha...what a lovely chart!
Speculators would love it, fund managers would love it, and investors would love it too!
Just look at where it begins and how it ends when the rabbit passes the baton to the great dragon?!
But seriously, how many people would really take the chart seriously?! Would you, Dali?

tanhc said...

haha...what a lovely chart!
Speculators would love it, fund managers would love it, and investors too would love it!
Just look at where it begins and how it ends when the bouncy rabbit finally hands the baton to the heavenly dragon...
But seriously, how many people would really take the chart seriously?!
Would you, Dali?
tanhc

cina.fong said...
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Choong said...

Don't discount forces that you dun understand...just look at how an octopuss can predict the outcome of world football finals better than any sports analyst....dun play play.

Ivan said...

Seem like the chart has some divergence against the market.

Time to get out, if the Sep is going to crash?