SSI - Sino Strategic International

An old saying is that stocks fluctuate !

An old P&F saying is that they do so in terms of both
Price & Time


An old tape reading saying , is that you can not consider one stocks
movement in isolation... It's movements have to be considered within the context of all others.

P&F is what it is because of tape reading
it is in a sense a written record of the tape
That is why the time scale is the dynamic of movement
and not some non optimized artificial clock scale.

I see a trade above .50 as going to be a revelation
(I expect it to reveal )

changes in detail ( nature of reversals )
and changes in the empty spaces ( within the patterns )

makes this scale (imo ) very important
for identifying a major turning point (If there is to be one )

same chart at different moments
looking for change of behavior

so as at 20 nov
and as now.

what is changed ?

What is the geometry revealing to us ?
the ---- line is a significant juncture of price & volume
Price in terms of pattern and halfway points ...

motorway

motorway said:

An old saying is that stocks fluctuate !

An old P&F saying is that they do so in terms of both
Price & Time


An old tape reading saying , is that you can not consider one stocks
movement in isolation... It's movements have to be considered within the context of all others.


----makes this scale (imo ) very important
for identifying a major turning point (If there is to be one )



motorway

Click to expand...

Just update these charts

that context is very important atm

As any scan through basic chart patterns on P&F charts
would show..

.025 x 1 chart
volume at the current level
Would be proven to be absorption
with a break to higher levels

What We have is a level of activity that is holding the ground gained esp in the mkt context...

Also a 10% x 1 log chart

condensed charts are a very powerful tool
A move to ~.70 would be a particularly bullish pattern

This Stock can move 10% in a day as easy as a week or month
Hence condensed P&F charts are not to be compared to the changing of time frames on time based charts

ALL P&F charts are charted
in the present moment

or as one practitioner put it

charted in eternity


The volume at ~ 2.85 dwarfs and hides the significant volume activity
occurring atm as can be seen on the .025 chart
or would be seen on the 10% chart if the chart was viewed on a smaller scale
ie zoomed .

On the .025 charts
Two low pole reversals
( looking for a floor / accumulation )

A break above the mid pattern High
( reversal pattern )

A possible stair step ( absorption/consolidation )

But all on a small scale.


motorway

The news is the news is (only) the news.

But I thought this aside at the end of this article noteworthy.

( considering the recent company announcement )

Such a comment is an arms length

Third party observation.

IE: It is not the Company / Broker / Government or anyone else, who one would think would significantly benefit from it...

An Empirical Observation

A fact maybe, something vastly more valuable than the news.

Chris Ruffle, an Englishman who has lived in China on and off since the 1980s, provided a separate and more upbeat analysis of the China investment market in general when he made a presentation in Sydney last week. Ruffle co-chairs Edinburgh-based Martin Currie's office in Shanghai.
...............................................................................................................................So what do the locals do if they can't go there? He said he recently came across a Chinese cab driver who could name the entire Newcastle United soccer club front five thanks to a thriving,
if officially underground, market in online gambling. The Toon Army of Geordie soccer fans have gained some unlikely new allies.

Click to expand...

http://www.theaustralian.news.com.au/business/story/0,28124,25157009-5017978,00.html


Of course the real news , the Facts (that matter )
is to be found only on the tape




motorway

On the .025 charts
Two low pole reversals
( looking for a floor / accumulation )

A break above the mid pattern High
( reversal pattern )

A possible stair step ( absorption/consolidation )

But all on a small scale.

Click to expand...

Working form the bottom

Still on a small scale

Fell off the stairs unable to push through resistance

Dipped back through mid pattern high ( crimson line --Sign of weakness )

False catapult

BUT -- One became two and two is possible becoming three

On the .025 charts
Two low pole reversals
( looking for a floor / accumulation

Old books make mention of a reverse apex ( 1 box charts )

Someone like Carroll ABY ( 3 Box charts ) would mention, the sequence of three low poles

A particular cold day has a very different meaning to when it occurs eg
early Spring or late Autumn

And always it is the subsequent response

( this action after significant bull move would be very bearish, But now ? )

The bid finished at .50 by the close today
But last sale was at .42

Depending on what happens next

I am looking for confirmation of a number three spring

And a simpler Fulcrum to be come a more Compound Fulcrum.

With Three low poles / a reverse apex / spring ---

Market as been in Winter time
smalls stocks ( like SEN CXY SSI and others )
have been under liquidation and on the sidelines

So failure on first moves up are in contest not that significant
What is more Significant and revealing is the character of and at support.
DYOR

I hold

motorway

When there is a penetration of a support level (In a range or trend ) that takes price into new low ground ..

The subsequent response could take ( at least ) three forms:


1. A wide range break , with supply so heavy that support does not hold.
RUN


2. Supply steady with demand irregular/uncertain , supply then coming in heavier forming a Series of lower tops & lower bottoms, eventually leading to a significant break.
at least walk very fast.

Or

3. No or little supply at the point where supply could have been expected to enter.


Number 3 sets up the best springing action.. With the response of demand then what determines.... eg Urgent or patient....

The amount of volume ( effort ) needed to takeup and overcome supply

distinguishes a number 2 spring form a number 3....

And the probability ( need ? ) for a test

Going to be an interesting week ------maybe


what is the BEST most adaptive cutting edge do-dah ?

The tape itself which is it's own interpretation...

These valuable charts are .....................................................
a picturization of the tape itself.

Click to expand...

over 12 mths action here

When equilibrium is disturbed...There is Fluctuation / Vibration
Before equilibrium is disturbed ........... Same

Where is the Pivot of pivotal activity ?


motorway

Finally through the diagonal formed a "recoil" formation

supply has evaporated atm

over to demand

Could expect an explosive move from such a formation ( generic )

There is very sound base in place

Ends do not always mean beginnings

I hold

motorway

motorway said:

A 10% x 1 log chart

condensed charts are a very powerful tool
A move to ~.70 would be a particularly bullish pattern
This Stock can move 10% in a day as easy as a week or month
Hence condensed P&F charts are not to be compared to the changing of time frames on time based charts

ALL P&F charts are charted
in the present moment
or as one practitioner put it

charted in eternity


The volume at ~ 2.85 dwarfs and hides the significant volume activity
occurring atm as can be seen on the .025 chart
or would be seen on the 10% chart if the chart was viewed on a smaller scale
ie zoomed .

On the .025 charts
Two low pole reversals
( looking for a floor / accumulation )

A break above the mid pattern High
( reversal pattern )

A possible stair step ( absorption/consolidation )

But all on a small scale.


motorway

Click to expand...

Just need some follow through on this 10% x 1 Now

On a .05 pt chart there is already a potential breakout in play

The Two price targets are standard practise
objectives for a non random price series
If we defined what looks like a base as accumulation..
Then we should see non random behavior

The higher is based on the scaling of this chart ( exponential )
The lower on linear scaled chart ( more traditional )

Clear Uptrend defined atm ( purely a what IS, not a what will be )
DYOR

motorway

motorway, wake up wake up, someone wants to take sino over (did you know that with your bullish chart there?). Wonder what the offer is going to be? Might get my money back after all......

Again

1)Is there potentially an increasing "Population of Interest"
regarding this theme

2) Is there a steady stream of favourable events ?

3) Could there be a Decrease in the "elasticity of Supply" ?

Such as the price rises existing holders will want to sell less quantity
with new demand tending to make supply rotate away.

4) Will the Supply Curve shift UP as well.. ?

Such that people start to hold and hoard a "good thing""
So that at any price there will be less shares on offer .

( so even if price falls ... supply will not be shaken out )


5) Could there be an increase in the "elasticity of demand"

Such that if price does fall , it is seen as a buying opportunity , more and more shares are demanded than previously observed when prices fell. A Clear behavioral change ---> A Sign of real imperative value.

6) Will the demand Curve shift UP too ?

Such that more is demanded at every price-------> A Gold Rush ( hopefully because there is real gold )

??

Click to expand...

Reasons (possible )

Significant long term potential and growth.
First mover advantage... lack of competition etc
etc

The ONLY thing that can reveal for sure is the Tape

Demand is like water it will fill every niche eventually
Demand rotates through sectors and stocks
Bull markets are sustained by such rotation

DYOR

GRACE you ask the wrong question surely ?


I see Both these charts as very positive
a Primary Trend chart
and a manipulative cycle chart ...

working higher ?

But the main dynamic is of DULLNESS
( BUT --> If anything cycles , truly , activity/volatility does )

Market Depth
Stirred today a little so with

All the news PENDING
Time to look at the Tape

Chart will move if there really is some..

motorway

If Accumulation Started near the End of 2008

(And Chart urges that opinion... imo)

It has been On going without a true Catapult Appearing

But growing in Urgency with Clear
HIGHER HIGHS &
HIGHER LOWS

and The Time element

Wyckoff was a one of a Kind
a TRUE GENIUS

EVEN in
Esp ? In 1908

Successful tape reading is a study of force; it requires ability to judge which side has the greatest pulling power and one must have the courage to go with that side.

This study of ‘responses’ to stimulation or outside influences on stocks is one of the most valuable in the Tape Reader's education. It is an almost unerring guide to the technical position of the market. Of course, all responses are not so clearly defined.

It is a matter of indifference to the Tape Reader as to who or what produces these tests, or critical periods. They constantly appear and disappear; he must make his diagnosis and act accordingly.

Click to expand...

It is-- it might be ALL it IS and ever needs to BE

A study of responses
and of responses of responses

Of tests and responses

The move Down today to .65
I defined as a a very important test

Until a

True Catapult

Click to expand...

SSI is in a range

of either Accumulation or Distribution

The character of this range
suggests Accumulation
The action Today made imho a

Bullish Statement

Click to expand...

Follow Through To .75+ on this chart
would if recent History repeats
See a move above imo to $1.25+

and maybe finally a

True catapult

Click to expand...

To herald an Up trend

How do we measure

responses

Click to expand...

?


In units of Price Volume & Time

So DYOR
and Your own Measuring

I HOLD

PS SC AT ST SOS LPS ?

Motorway