Market cried wolf

Yesterday afternoon the spectacular rebound drew in loads of investors thinking a rebound is happening right before their eyes. Dow Jones close overnight with decent gains. However once again there was no follow through. I too was tempted to load up some stocks before closing. However I hold my horses prefering to wait to either short at strategic position in HSI or STI or go long when i detect strong buying interest. Should DJ rebound to my trendline resistance, i will attempt a small short. If proven right, show hand and double up. If i'm wrong, I gladly take my loss.. if i'm right that the market is going down until CNY, then tua tua huat liao. :P

Cheer up folks! Although I may not know you personally, but i believe we share a certain degree of affinity since you stumbled to my block. Let me guess, if you are a newbie, you should be stuck in some positions. Nothing to be ashame of, most of us start with losing. Trading is a game where failure is accepted! : ) It all depends on how u make use of the losses.

A good friend of mine called me up recently, we spoke and i came to know he is stuck in a position. I could really see a reflection of my younger self trading.

a) When market is rallying to new high, he was outside the market. When market falls, he naturally thinks it is cheaper now and that he should buy. He failed to understand what causes the market to retreat. There are 2 types, normal healthy retracement versus correction. Along the years, shallow pull backs and fast recovery has caused many to be complacent...especially enticing newbies, thinking it is easy money.

b) He feels that stock is cheap as compare to before the retracement now so can try. To trade or invest, one must have a working strategy be it FA or TA. By guessing, it is no different compared to a trip to Genting Casino. Trading should be treated like a business where one need to assess the risk and reward before putting on a position. There are proper techniques to identify trades.

c) Stock decline, because it is a fundamentally strong stock so it is not so bad to be holding. At this stage, i call it forced investor. My question is, what if we are really heading into a recession? credit crunch? high oil price... or worse, we goes into bearish mode? Should we hold fot 2 years? Or worse, the industry cycle is over and we have to wait for 10 yrs before we see that stock regain glory?

The above are exactly what I was doing previously! keke Everyone has to go through this stage of self discovery and losing. Everyone will pay his/her tuition fees to Market.... the challenge is, make yours an affordable one! Recently I finished reading Alexander Elder's second book, "Come to my trading rule". A number of key points:

a) winners focus on discipline and money management, amateurs always look for new indicators and methods.

b) beginners should target not to lose more than 10% of total equity in first year. Semi-pro will aim to make up to 20% consistently. Professionals will make up to 100% on some good runs.

c) Ask yourself this question.... when we first step into the world of trading, what do you think of first? The honest answer is to make money. Learning is secondary. This is wrong. We should have approached the market in the mentality to learn first and then make money. Didn't the high paying doctor or lawyer learn first as apprentice before they can perform their duty or fight in courtrooms? In trading, we did the opposite!! No wonder most of us loss money.

At my seminar last saturday, a woman participant told me a very shocking matter. She is full margin currently!!! That is scary! She doesn't understand risk... this stage of the market, no sensible risk management rule will say to go full margin. After I showed the many descending triangles around... I think i scared her.... nevertheless, i hope luck is with us and market to rebound from here. Notice the word is hope. We all know hope seldom works in the market.


Why is Capland so bearish?


The star of the week... jiu tian... holland loh.. 200EMA couldn't hold and bears will have their fun here... Celestial also the other with funds selling out. QDII? sold to QDII? Both were said to be good considerations as they are fundamentallicious. QDII fund has cried wolve for 3 times liao... I think look at charts better. So long down trend, either stand aside or short. Only buy when see uptrend... won't go too long.


Rotary: Very interesting development. 200EMA stood like a rock...toin toin toin!

YZJ: another QDII fund hot favourite....also recently added to the new FTSE STI... other than the lower high which I no like, the bullish divergence is something to cheer abt. As we near the apex of this triangle.. look out for actions...if support doesn't hold... yzj will become titanic.






DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

DJ broken critical support level

DJ looks to have breakout of the Descending triangle pattern after last night's sell off. As it is still some way from the apex of the triangle and indicators oversold, i fancy a rebound soon (as shown in green). If this rebound hit the downtrend resistance line, shorting looks viable and good risk/reward.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Swung around like a monkey

I went long HSI just before HSI close yesterday. It closed with a hammer with a late flourish. DJ on the hourly chart has a bullish divergence and given the fact that it has gone down in successive sessions, it increases the probability of a T-rebound. Alas, it only manages a small gain in a volatile session. My position swung from profit to loss and then rebound into profit only to lose ground again before closing. I opt to cut my position versus hoping it will swing into profit again. The key word here is "hope". I am wrong, it will be a loser game to hang on to a position and hope. Trading index is different from stocks. We have to be discipline and hoping will lead to tremendous losses.

Looking at the whole market, the gains are given back very easily. No follow through in buying and the brutal selling. Looking at the bigger picture, all the lower highs is ringing alarm bell. Other than short sell signals using my 4g1r system, i did not receive any good buy signals for 4r1g system. This is the reason why i am shunning stocks for now and focussing on index.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Rebound on the cards?

Tonight, we must hold the Novemeber low. Otherwise.... it will really be ugly! The brutal sell off was one with a lot of volume.. 2 ways we can look at it, final capitulation or more shit to come. By Japanese Candlestick analysis, i would love to see a long tail tonight. It will be good to turn long if the long tail is found. Watch Asia markets for clues near closing. We all remember what happened in Aug'07, the markets miraclously rebounded.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Then US$35......Now US$100

With US$100 per barrel staring at us and manufacturing contraction in the US helped by credit crunch and subprime loan woes..... how can market not go down? Each time it tested the downside, the rebound is equally fierce drawing cautiousness even for shortists. However it was noted that every rebound achieved a lower high. This phenomenon is also observed on most of the charts in the market. While major support looks well defended on 2 occassions but base on classical analysis, descending triangles are every where. To neutralise this triangle, we need to break the downtrend resistance line or trades out of the triangle.

I went short HSI when 27k gave way today and my view is 26k to be tested. I found no incentive for the market to head higher and surely panic and fear is in the air as the market took a sudden dive yesterday and it continued today. Since we are down for almost 3 months, i revisited the theory behind how a market bottom differentiates from a market top. Market top is known to be volatile with heavy volume... this is where the smart money ditch their shares as bullish sentiment took over sanity. Market bottom, is slow and price gains are small and controlled. Also volume is light as most will be in denial that the market has recovered. Last 2 weeks, market was exposed to lots of bad news yet Dow holds steady and gained during the last week amidst foreign investor funds buying into banks....not to mention dressing... now that we are officially into Jan 2008, undressing on the cards?

It's Friday tomorrow and i doubt many will want to risk carrying over the weekend hence any gains may be capped by profit taking. Jan 16th is CPI again and then we have Fed meeting on 30th Jan

Technical analysis seems to reflect the problems the US economy may be facing. While we see some decent gains in Dow recently, i thought it was given back rather cheaply. Nevertheless, opinions are often wrong and market is always right.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

HSI Update

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

US Manufacturers taking the hit

This is not the kind of start many wanted. The late afternoon slump left many stone cold.

The curse of subprime problems spreading accross economy injected fears in to the US market. A quick check on the chart shows DJ broken down a symmetrical triangle pattern. 13,000 must hold to look pretty, otherwise no eyes see. Currently DJ is trading -164... With Ah Ben's meeting minutes reaching the market at 2pm their time, it will be nice to see a hammer! : )

Many stocks look like turning down from a lower high... a sign of downtrend stock. Hence I will still be careful abt trading stocks and look for index warrants for a change.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

DJ to rebound tonight?

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

A Tricky 2008

It has been a wonderful 4 years rally and the risk going forward is higher. Many experts are warning to expect a volatile year in 2008. I think it makes sense. Going forward, if the stock isn't behaving, I will be prudent with my profits.

Most of the stocks still hasn't broken through their lower highs hence i will still trade light and not load too heavy. Sector wise, banks are definitely in my radar until they report a quater without subprime headache. Commodities sector including oil palm remains hot going into the year, while many thinks their prices are too high, do not forget the golden rule, the high goes higher, the low goes lower. Hence I am looking forward to build 2 positions in Jan. A long position in an uptrending stock and a short position in a downtrending stock.

As DJ closed into the negative by slightly more than 100 points. Tomorrow I will be watching how market takes the selling. Quickpicks should be back tomorrow evening!

I'm sorry that I didn't update the blog as regularly as i wished. 2007 has been a crazy year for me as i undertook major changes in life. A career change, marriage, moving all in the 2H07. I needed the time to adjust. Now as we are into day 1 of 2008, i shall find my rythem. The lacklustre market interest in the last month of the year also made trading challenging. As much as I like and wanted to trade, the wild swings in prices are very exciting to trade but may not be profitable. I cannot personally relate to it any better because I got swung around like monkey in 2004. I could have easily sucuumb to greed and took on a few positions, but somehow all the books and trading exprience seems to have internalised, not forgetting my shifus sharings.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Merry Christmas!

Gosh! Time really flies and this is the 3rd Christmas greeting coming from GrowMoney Author. : ) Journey thus far has been very fulfilling and i have so much fond memories but as per usual, i will leave the reflection on my trading career on the last day of the year. haha

24th will see our minimum bid size changed. I wonder how this will affect the index movement... Friday was a good good day... regionally most index charts finished with a hammer pattern. It will be wonderful if we can close a white candle on the weekly for the coming week. After the clean clean flush on Monday, we never looked back and the rebound was completed by Friday. S shares roamed the top volume charts. This reminded me of the QDII fund...some say it will start in Jan...

My game plan going forward is still to track HSI, plus my system has picked up a stock few stocks.

GrowMoney QuickPicks
IndoAgri
Noble

I will be looking out for a quiet 24th and market to trade flat.. that to me will be an excellent chance to load light into the holidays. With so many writedowns by the banks and the government with foreign investors happy to provide liquidity to the credit crunch, the market may not die yet. Especially when bad news after bad news keep coming into the market and Dow Jones stood firm.. I like that.

Finally, Merry Christmas to all! and May all of us have a Bountiful Year End rally!

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

STI dips under 200MA

"The bulls have their fun above the 200Ma and the bears have theirs under it" This is a popular notion at Wall Street. STI today officially trades under the 200MA. Going forward, it may retest the 200MA line, and if we are unable to trade and close above it. Better have a CFD account on hand and let us start to use 4G1R system to profit from the downside. As mentioned, this trend trading system picked up short sell signals last Wednesday night infrom of 180 participants at SGX... not exactly a beautiful sight but at least it reminded us that we can profit from the downside too. If you are interested, you may want to join me and the rest of the ChartNexus team at Capital Tower to find out what exactly happened on 12th Dec 2007... what 4G1R are we talking about... full details are at www.chartnexus.com/events

I went long HSI on Friday. HSI closed on my trendline support and I reckoned it was a pretty opportunity. Yeah, you can imagine my disgust when HSI tanks 1000 points by lunch! haha It is never easy to take a loss. Before you hit the sell button, u will have hallucination of a rebound when you sell... you will feel the pain when you realise your loss.... haha well well, i knew it only too well... all these are nonsenical reasons to hang on when I am wrong. Promptly I cut the position. I had a plan which entails what I wanted to do when things go wrong when i put up the position. If I am right about the trade, HSI should have rebounded back into 28000s.... for it to break the support means more selling may come and the next support i'm eyeing is at 25,800s thereabts. Why should I ride my losses down to 25,800s? Should I then hang on to the losing position and hope for a rebound? Well guess what? Even if there may be a rebound, HSI may head lower first and then rebound...rebound to where i could have sold... so in the end, it's LPPL. Wrong means wrong, cut my position and re-analyse.

It's interesting... very intresting... with the astrology date coming soon and we are heading down... coincidently, next week is last trading week of the year.... why does it sound like a plot?? We go down first until the bradley turn date and then trade higher due to window dressing??? hahaha

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Major support levels tested again

At the seminar last night, we screened the market for signals.... 49 vs 1..... that is 49 sell signals vs 1 buy signal... so i was not surprised when market didn't head up today... but certainly i didn't expect it to be so bad!!! Nikkei started the rout during our lunch time. So when we came back from lunch, it was point of no return.

It was no surprise when the market came crashing down today. Last 2 weeks saw limited buy signals and what we got were sell signals. Most major indices were ripe for a pull back. Ironically, this sharp pull back maybe better than dying a slow death. It will flush out plenty of stale holders giving us fresh buyers when the bullish time returns. I still don't like the loose price actions in most stocks. A bull market doesn't react this way. Furthermore, it was very obvious that most of the stocks encountered heavy dumping on the way up. ChinaFish was one such example, i was tempted to buy at 1.83, but i didn't find the volume convincing and my opinion was the indices may pull back first. However Fish then went on to new high at 2.00 leaving me breathless and frustrated. If not for my colleagues beside me, only by using vulgarities would i be appeased. hahaha! Joking la, been in the market for quite sometime... situations like this already internalised. I make use of this incident to form yet another opinion. Because Fish was sold down to close at the low instead of the high, I knew a bullish market doesn't behave like this.

Now what? After this sharp pull back, I would be looking to see support levels holding... mixed market. Going up? I think the incentive to head up is still missing. 22 Dec 2007, Bradley turn date... going by astrology analysis, market major turning date.... let us watch how we trade before that date... 22nd.. hmm... next Saturday.. nan dao next week take position???

Another thing I want to share is the importance of managing our risk. If i had not taken my profits off the table quicker in this uncertain market, i would have been badly exposed. I think this is not the time to use trend trading system. Preferably swing trading.

Neither did I go short the market. This is because, with year end coming, there could be window dressing. Maybe after the dressing then short? Furthermore, this pull back is what i have been anticipating. Now my opinion is:

a) STI supported at gap. 3442 to 3397 thereabouts. If this level holds, i will tikam small. Basis? Higher low.....

b) DJ support at 13,200s level hold... then i shall long some call options.

c) My favourite Hang Seng... 27,400s should hold.

If you are one of the participant at this weekend's ChartNexus Technical Analysis Course, be assured that we will be sharing alot about price movement. So that you will know how to protect your positions or even make your own forecast! Remember, MAKE GOOD USE of the 2 full days to ask those burning questions!!!

For XPertTrader users, good news! Joseph has kick started the hand-holding session finally! This comes after the big demand from you. So those who are really keen to make good use of your investment in XPertTrader, remember to register your seat at http://www.chartnexus.com/events/details.php?eid=1126

US Economy numbers coming up!
Dec. 14
CPI
Industrial Production

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

SPH near 2 year high

Another bank fell under the subprime gong tao... This time round Temasek got vested. I saw Dr Tony Tan sitting at the press conference...it got me excited for a while because I thought SPH was the one whom injected the funds...keke needless to say as a die hard fan of SPH, it will be good news... but alas.. not to be. Speaking of SPH, it is now trading near it's 2 year high!!! $5 ? Akan datang. If Livermore is alive, he will be looking at this for sure. I shall look for CWs in anticipation keke... this is what I call pivotal point. Break, long, gostan we can go short. Definitely worth investigation.

Using XPertTrader to screen, there are still no buy signals and at least 48 sell signals. This is where market condition takes precedence. We are now waiting for FOMC meeting and that leaves little incentive for market to move up. Tomorrow will offer great opportunity! I be watching Nikkei and HSI's closing to get into position. It has shown in the past, market seems to know the news even before it happens.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Pull backs

China central bank raises bank reserve ratio by 1 percentage point - UPDATE
December 08, 2007: 04:39 AM EST

Now I know why the sudden dip in HSI on Friday. As usual, price always move before news. This is so classic. On the chart, HSI failed right at resistance. After the holidays I am looking for trades. This should be my own greed and gambling addiction. I feel so uncomfortable not having any vested interest in the market. I looked at stocks, but to me it seems like not a good time to get vested in stocks as of now. I screened and my system yielded no stocks. Remembering what Jesse Livermore said, "There is a time to buy, a time to sell and also a time to stand aside." By focussing on HSI, I want to be able to form an opinion on it's direction to trade. HSI should be supported at 27,500 thereabts. Even Dow Jones look rip for a pull back first. Same for STI. Recalling what I read about astrology analysis, 22nd Dec has a major turn date. It will be useful to track the movement up to that date. So long we don't pull to a lower low, i'm still optimistic.

Over at Singapore side, there are a couple of stocks look to be forming the classic short term price pattern. Monday should be another mixed day since Tuesday is the FOMC meeting.

By the way, I will be speaking at SGX Auditorium on Wednesday titled Trading Strategies Explained. This short seminar will introduce my style of interpreting MacD Histogram and find entries from uptrending stock or short sell in downtrending stock. What's more, we can use XPertTrader to automatically screen for the signals effortlessly. Saving precious evening time.

Full event details can be found at http://www.chartnexus.com/events/details.php?eid=1175

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Mixed day

I cut my synear and lost brokerage today when it reverses all the way to my buy price with volume more than I would like to see. The big gap up in the morning didn't sustain and it fell back with heavy selling. This stock is bought in tantem to the rotational interest i detected for quickie and hence it is off the low and far from support. I feel safer to get out and relook. Especially I am still waiting for market to show me the direction then only would i take sensible risk.

Using my sentiment scan, actually we had a mixed day rather than a bad day despite some heavy profit taking going on as i can see there are stocks which hold their ground and their gains. However since STI has been up the last few sessions, maybe time is ripe for a pull back. I will observe how is the selling on the pull back... this should differentiate between healthy retracement versus bear reversal

For HSI, my eyes will be at the 29,600 to 29,200 levels, it is crucial to see how it trades there.

At the economic front, more bad news than good. The only reason propping up the market could be rate cut as Bank of England already cut rate. Hence after next Tuesday? If it's factored in, then......

Also on my 4g1r trading system, Semb Marine & UOB has a sell signal caught my eyes.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Convincing rally alas

I was told today's rally was the most convincing with volume and strong buying over the last 2 weeks. With 2 trading days left in the week, I will be observing the following:



a) No heavy dumping at the top

b) We see follow through buying

c) Normal retracement due to profit taking



I picked up Synear in a nick of time when the China shares were in play. Nikkei's after lunch U-turn made lunch hour very exciting and when SSE was up 2%, our market rallied after lunch. This despite a report saying funds are pulling out from local bourse in the morning and we reacted negatively to it. However we soon recovered by lunch time.



Looking at my portfolio, i had kept Jiutian & Chinawheel before I head for holidays. My strategy for these 2 stocks is to hold



DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Strategies on Banking sector

MAS said profitability of local banks will be affected by subprime issues. My opinion is, if market is to go anywhere, banks should show the way? If they are resilient and head upwards, i think it will be safe to tikam on the upside slowly at first to reduce risk and add on when proven right. Otherwise if they fail at support turns resistance, put warrants will be handy. Here are few strategies on warrants i have devised.

1. Buy very OTM PW with at least 60 days to expiry - will lose little if stock trades upwards. The trick is, when a stock is moving down, it will be faster than going up.
2. Buy slightly OTM PW with at least 60 days to expiry - will lose time value if underlying trades sideway.
3. Buy OTM PW with less than 30 days to expiry - will lose premium if underlying goes up

Notice I focus on the risk first instead of thinking abt the rewards? Alexander Elder said, "If you take care of your losses, your profits will take care of themselves"

I uploaded a cartoon made for my wedding night for your viewing pleasure incase you are bored with the intra day market.. keke

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Firstly...identify market direction

In all my seminars, courses and even the newspaper interview done this year, i always stressed the need to first determine the market direction. The NUMBER 1 reason for most who lost money in the stock market is we don't know where the market is heading. This was why i failed in my early days. Think about it, if the market direction is heading up, shouldn't majority of the shares be heading up? If the market direction is coming down, didn't most of the stocks keep coming down? Hence I believe inorder to avoid unneccessary losses in the market, one should first form an opinion on the general market direction instead of focussing which stock to trade.


After standing aside the market for 30 days exactly to prepare for my wedding cum honeymoon, i lost the feel for market. This is the first time I have taken such a long leave from trading ever since I started persuing this life skills years ago. It was tough in the beginning as I fell sick due to trading withdrawal syndrome and this was 1 week before my wedding actual day. Forcefully I took my eyes off any financial news...it feels just like quiting smoking where temptations linger everywhere. I treat this as a test of my discipline. Psychologically I won. Really, learning trading has changed me so much as a person. Sometimes my ex-gf and even my sister complained that I am cold blooded and function like a robot. I don't know if you feel the same? For example, I no longer get into senseless argument where one must win for no good reason. I also don't convince people to do things my way for I understand this is how the universe works. Everyone is unique and does things differently. This is also how the stock market functions. There is no way 100% of the market participants will arrive on one single opinion collectively. That is why I often nodded or smile even if i don't agree with what I heard. I mean there is no need to impress upon others my opinion. It's just like we shouldn't argue with market direction! This bring us to the next point, I learnt to take failure in my stride and admitting to making any mistake. In life how many of us really likes to admit to mistakes? Most of the time, we will find circumstances as an excuse. That is why cutting loss when wrong is most difficult for most. And finally, my all time famous quote i read somewhere... "people tends to act out the way they are in the market and this is often leads to disasterous results"



Perhaps I haven't talked to myself for too long... gosh really long winded tonight! haha 1 more thought to share, technical analysis is indeed a life skills just like cycling and swimming... despite being away for sometime, the where to start, what to do just flow automatically when i analysed the charts. By the way, during the trip to Italy, i met Leonardo Da Vinci (Statue) and learnt alot about this man... hence I probably enhanced my fibonacci skills... wahahaha


With 2 seminars coming up, I need to get back my tempo and without saying of course market direction comes first! I won't be too anxious to hook up any stock position as yet. It's my style to always form an opinion then trade it.

My next stint is scheduled on 12th Dec.... titled trading strategies...interested party... u know where to register ...... www.chartnexus.com/events







DJ: I be watching for 2 situations:

a) We form a higher low and then breaks the red line.

b) We breaks the support where it is shown by the 2 arrows.



HSI: I am looking for the blue line to be supportive or the gap up.





DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

执子之手，与子偕老

With my wedding and honey moon coming up, it's time to take a break from the market. I wish everyone tua tua huat and may the market leave some money for me when I am back in December.... Huat arh! keke

P.S I have taken my profit off YZJ inorder to cut down on my exposure. I shall sit through with the rest of the stocks that I owned unless the market really forces me to run clean clean.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Abnormal Market Behaviour

I do not like the way how market is behaving lately. Firstly, the recovery from the August low was too fast. Secondly, I observed that the price swing has been very wide and loose on the way up. This could be signs that the smart money are getting out. At the top, there shouldn't be alot of selling (volume) because there are limited over hang shareholders. The only explanation for the high volume is, smart money liquidating. Thirdly, the incredible run at HSI. Murphy law applies in the market too.

Inorder to cut down risk, i sold HongXin when the selling persist. I had wanted to ride this on the way up but the price actions has been too loose and i didn't like the wild swing. If everything is fine, i will look to buy back again.

I derive 2 opinions about the market.
1) Market trades in a range and we see major support levels hold.
2) Market breaks the major support levels and we crash south creating a lower low in price actions.

GrowMoney Quickpicks
SPC (Bull)
Ezra (Bull)
UOB (Bear)
SMB (Bear)

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.