we all need lubricants!!!!!!!!!!!!!!!

oil's is in its last parabolic leg. time analysis suggest it should end july til sep (max early oct) as base 3 (or the period covered by X) is only 10 months. in the sample chart of broadvision, the perfect parabolic curve of its X is also 10months and its last leg was due on the 8th time bar. on it's 9th time bar, broadvision broked the key reversal red trendline. im just fascinated by the resemblance of oil's parabolic with broadvision. unfortunately, prices cant be determine but if we use mathematical proportion we can guess. 

broadvision x = 90, high = 138 (did not doubled in percentage but the leg is shortest in percentage increase); gain = 53%

last leg parabolic started 138 to 192 within 8 time bars.
% change = 192/138 = 39%

ratio of % gain: last leg parabolic of boradvision is 73.5% of it's X percentage gain. to show = 39/53 = 0.735
----
oil's x = 50, high = 98 ; gain 96%
oil's last leg started at 88 (base of red trendline)

solving for "guessed" max/high price of oil's last leg:

formula: projected max/high price of last leg = (start of oil's last leg parabolic) times (1+(percentage gain of oil's X) times (ratio of % gain of X and parabolic of broadvision))

given:
ratio of % gain of broadvision's X and last leg = 73.5% or 0.735
start of oil's last leg parabolic = 88
% gain of oil's x = 96% or 0.96

compute:
projected max/high price of last leg = 88 x (1+(0.96 x 0.735))= $150/bbl


caveat. there's no relation between broadvision and oil except similarity of their charts. there are other parabolic chart sample other than broadvision which could lead to different ratios and proportion. so happen both charts have similar wave counts (base 2 to base 3) and time correction pattern (base 4) as well as valid trendlines (4 of them with the red trendline as the key).


Support the street children movement.

this is spyfrat's post. :) spyfrat is a fllod victim and yet he still had the time to write something for us here!!! a true testament for his love of investing and trading. :) i decided to add little flavor to the blog by having a guest writer from a different school of thought. :) but of course i still believe the your investing style really depends on what your goals are and your tolerance for risk and patience. after all short term investors and long term investors are after the same thing PROFIT! we just have a different process of doing it. as they say in school in math class "the process doesnt matter as long as you get the right answer."

ps for any comments, questions or suggestion please email me at compounder888@gmail.com

i will also try to have a fundamental analysis of oil next time if i have the time. :)

STOCKS ON SALE

This article that im going to publish will either make me look like a fool or a genius. :) time will be the best judge and give me a verdict after all is said and done. :) here is how i look at the market. . . it has broken its technical support at 3,400 and its minimum downside will be at 3,000 but of course it can even go lower than that. The simple explanation for the market downturn would be the us real estate concerns and i believe that this is a sympathy play or to put it plainly the panic in the us has spread here. It is really contagious because if you really look at it fundamentally the philippines is really looking good. :) then if my logic serves me right then there would be no reason for the “crash” that we are experiencing right now. :) so this is what i think. . . be patient and dont track the market for this is only temporary. :) i believe that the bull market is still alive and the market is just taking a breather. :) here is just some simple advice. Dont mind the market for you have no control over it instead just make sure that you buy the stocks that you like at a good price for that is something that is within your control. :) as warren buffett said “it is better to buy a stock of great company at a fair price than to buy a stock of a good company at a great price.” ive seen on the news lately that calpers will allow investments in emerging markets which shows their confidence on the potential of asia as a whole. :) banks are now giving loans of 7.5% for 5years meaning interest rates for deposits will stay at around for 3-4% for the next five years. What does that mean? It means that businessmen would rather put their money elsewhere where it could give them better returns and with low interest rates it will “force” our businessmen to invest in other assets be it real estate, art, stocks or other assets that will give better returns. And for sure the low interest rates will help our bull market move forward. :) the market is weeding out the weak hands in the market and the strong hands are now going in the market for bargains are now to be found. :) we will have a strong rally when this “crash” will be over. :) possibly go over the 3,800 level and go into the 4,000 territory. :) who knows??? :) just do your research and buy some bargains out there. :) i believe the bull market is still alive and the market is just taking a breather. :) just remember what separates a great value investor from any other investor is their stomach. :) do your research and good luck to everyone. :) God bless :)