Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Among the various reasons to avoid bankruptcy, one of the most important reason that has come up recently is the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). The law introduced some new changes in the way a consumer filled bankruptcy. The laws imposed few additional requirements on bankruptcy filings that made it more difficult and costly for consumers to file. The glance of the BAPCPA Act 2005 is summarized below:

• After coming up of the BAPCPA Act a debtor need to go through a means test before filling a Chapter 7 Bankruptcy (the bankruptcy which discharges the debts in full). The means test ensures that a consumer is not abusing the bankruptcy privilege and he is really not in a position to repay his debts.

• Anyone fails in the means test means that he - is able to repay the debts - and must file Chapter 13 bankruptcy, the bankruptcy in which debts are repaid over a 5 year period.

• A debtor filling a bankruptcy must go through a consumer credit counseling at least six months before filing, from an approved credit counseling agency.

The survey revealed that bankruptcy filings had been dropped significantly after the introduction of the BAPCPA. The statistics shows that total bankruptcy filings in 2006 were 617,660 which was a 70% drop from 2005 total filings - 2,078,415. This is just because of the strict requirements for chapter 7 filling that led to the increased percentage in filling of chapter 13 bankruptcies filling. The chapter 13 filling had showed an increase of 40% while it had declined considerably in case of chapter 7 filling.

Getting Student Loans

Almost all prospective students are faced with doubts about college affordability. And indeed it may be a big trouble especially for students who haven’t saved money for college. Student loan is one of the easiest loans to get. All you usually need is a reliable co-signer, and you can get a good sum of money to pay for the college expenses.

Student loans have very flexible payments system. You don’t have to start paying the loan while you are a student and another nice thing about these loans is that they are interest free. There are 2 types of student loans: federal loans and private ones.

There is a wide range of federal loans you can choose from. These loans are usually granted for applicants who experience a financial need. Moreover, there are some requirements for a federal student loan:

• You must show a financial need;

• You must be studying for an eligible degree or programme;

• You must maintain satisfactory academic progress;

• You mustn’t be in default on a federal student loan.

If you are not eligible for a federal loan, you can always try to find a private one. Every private student loan has its own requirements, but as a rule they are not difficult to fulfill. Students qualify for private loans mostly based on their credit score. Be sure you have really exhausted all possible federal loans and scholarships before turning to private loans, whose rates are usually variable, and therefore susceptible to market conditions, as opposed to a fixed rate loan, which you can get from the government.

When A Loan Modification Should Be Used Rather Than Debt Settlement or Debt Consolidation

A loan modification, debt settlement, and debt consolidation all accomplish the exact same thing. Each of these options can help to lower your monthly expenses. But a loan modification and debt settlement can actually eliminate a portion of your monthly debt, where debt consolidation will not. Debt consolidation will also require a min. credit score to qualify, where the other two options do not (in general)

Here is a brief overview of these three options:

Loan Modification

A loan mod is when the terms of a mortgage are changed to make it more affordable for someone who has experienced a hardship. In most cases, you will need to be behind on your payments and will need to prove your hardship to qualify.

There are three areas of a loan that are changed when a modification is approved. In some cases only one of the loan circumstances are changed, while in others, all three are changed.

1. The term of the loan
2. The interest rate of the loan
3. The payoff amount of the loan

By changing any of these three items (or all three if you are a good negotiator), the monthly mortgage payment will be drastically reduced.

Debt Settlement

This option is similar to a mortgage modification, because the term, rate, and balance are generally reduced for unsecured debt. Debt Settlement is not intended for mortgages, but can be used along with a loan modification. Debt settlement generally refers to reducing the balance or interest rate of unsecured debt (credit cards, mainly). In most cases, it's possible to take credit card debt that may have never been paid off otherwise, and reduce the balance and establish a fixed repayment plan. This allows the debtor to pay the debt of in just a few years, opposed to the rest of their life.

Debt Consolidation

Debt consolidation is the process of getting a larger loan and paying off a bunch of smaller loan. Generally this is done to get a lower percentage rate. Good credit is required, or enough collateral to secure the loan. Most debt consolidation loans are secured with real estate. A second mortgage or home equity line is common examples of a debt consolidation loan.

Each of these options can have a negative impact on your credit, however, they should all be a better option than bankruptcy (for your credit). If you have having financial troubles, or if you have to pick and choose which bills are paid each month, then it's time to start looking for relief. There is no reason to struggle each month because you are ashamed to ask for help.

Your Mortgage Company and/or credit card companies have put you (and most of America) in this position and it's time to take back control! Get your life back on track today by considering one of the options above.

Basic tips on Mortgage Refinancing

The word “refinancing” indicates a way to replace your existing debt burden with the newer one with some changes in terms and conditions that will save some good amount of money in hand of the consumer. As Refinancing is mostly seen in case of home loans a common term has come up recently is “mortgage refinancing”.

Mortgage refinancing describes a situation when a consumer has a loan from a lender bearing a fixed interest rate mortgage which is now been declined considerably with a loan from some other lender. In this case a consumer would definitely like to avail a loan with a lower interest rates and better financial conditions with the same mortgage assets. A consumer needs to be well aware of some basic facts before applying for a refinancing. A mortgage refinancing is available to consumer when he has a mortgage on home and applying for a second loan to repay the old debts. The decision for refinancing a mortgage should be weighed well before applying, by balancing the cost of prepayment for loan and other financial terms & conditions for a newer one.

In today’s competitive environment interest on second loan is declined considerably unlike the older ones. A consumer should be well informed that in mortgage financing his property will be pledged as a security for the second loan and so he should plan well in advance about the future flow of income for repayment of the loan. The loan repayment is not only the factor to consider in this case, factors like interest charges, processing fee, and prepayment charges, long term budget constraints etc should also be kept in mind.

Make your Christmas more enjoyable with a Christmas Loan.

Although we are going through global financial crisis, but Christmas cannot be avoided. You may not have saved much for Christmas, but this festive season cannot be put on hold. They are lot of expectations of your family members when it comes to holiday season, and in such situation, Christmas loan can help you to overcome your financial stress.

Christmas loan is basically a personal loan and comes with low interest rates. The requirements are quite simple: you need to have an average credit score and a fixed monthly income to afford the monthly payment. Christmas loan is for everyone and anyone can apply for it.

You can get a Christmas loan from local banks and also from private lenders. There are many private lenders who offer a Christmas loan in a quick time. You can be sure of getting a loan from these lenders, as they have a high approval rate than other local banks. Even if you have bad credit, you can get a Christmas loan from private lenders.

Wishing all of you a very happy Christmas

Put Some Money in Commodity - For Your Own Sake

I just come across the following news...

---------------------------------------------------8<-------------------------------------------

http://www.nytimes.com/2009/11/29/us/29foodstamps.html?pagewanted=1&ei=5087&en=3bd53ccfc8d24b4c&ex=1275195600

Food Stamp Use Soars, and Stigma Fades

MARTINSVILLE, Ohio — With food stamp use at record highs and climbing every month, a program once scorned as a failed welfare scheme now helps feed one in eight (12.5%) Americans and one in four children(25%).

......

From the ailing resorts of the Florida Keys to Alaskan villages along the Bering Sea, the program is now expanding at a pace of about 20,000 people a day.

---------------------------------------------------8<-------------------------------------------

Well, this is just another Indicator, showing that the economy and the jobless situation in the US is NOT getting better at all. Yet, a very interesting thing is that despite the economy is still bad and with some recent news on Dubai crisis, it does not bring the market to go down at all.

One way to look at it is that the currency is getting to lose it value faster.

Looking from another angle, US is the world largest food producer. It has no problem to supply more food stamps to their own citizens. All it need to do is just to cut back some bio-fuel production or donation to some poor countries.

Unfortunately, there are many part of the world need to import such commodities. And, when the economy is getting worst, then they do not have such a Food Stamp System to feed their citizens... many things would then happen.

Also that regardless of the economy situation, people need to eat for a living... with the world population keep increasing... Currencies devaluing...

So...

Just have a recommendation here: To preserve the value of your hard earned money, put some of them in Commodity ETF to hedge against the hyper-inflation due to high speed increase in money supply.

The following is a Tape-Reading chart of a commodity ETF (DBC).

Bless You

KH Tang

“Vision without action is merely a dream.

Action without vision just passes the time.

Vision with action can change the world.”

- Joel Arthur Barker

SubPrime Mortgage Mess Explained

Just to share a few excellent video found in YouTube

We all can learn something from what we see and what we hear all day long. That's to say that we learn from what we are exposing to.

------------------------------------------------8<------------------------------------------------------

If the only tool you have is a hammer, you tend to see every problem as a nail.

- Abraham Maslow

For example, we may have learned that we get results by using anger. Others back down when we show anger, so we continue the practice. Anger has become the hammer.

So what happens when the problem is, for example, intimacy with a partner? Out comes the hammer - anger.

We all have a full tool box of interpersonal skills, which we can call upon whenever we take the time to take a deep breath and make conscious choices.

from Johnathan Lockwood Huie

Daily Inspiration Quote

------------------------------------------------8<------------------------------------------------------

Look that the daily public media, it basically full of advertisements, political agenda, and entertainment news that kill the time. Those stuffs don't bring any wisdom to the viewers.

To have a better world, it should have more information as such:- No harm to take a look, otherwise, how would one know?

A LOVE MEDITATION:-

http://www.youtube.com/watch?v=qk9PNKFky40

BE YOURSELF:-

http://www.youtube.com/watch?v=Hw23TmSGF9M

Bless You

KH Tang

Bad Credit Home Loan Refinance

At present, it is seen that a huge percentage of persons are having a bad credit score. The credit crunch has knocked the economy pretty hard and we are now desperately looking out for several ways to save as much money we could save in order to minimize our total financial burdens.

Refinancing your personal home mortgage loan can save your lump sum amount of money in the long run. Most people believe that refinance is only necessary after having a drop in interest rates. Of course, your previous mortgage loan must have a high interest rate that it's possible for you to switch over into a lower interest rate loan. One of the possible & best ways of availing this is by refinancing your personal home mortgage loan. Mortgage loans are generally covers a big amount of money. If you can save few percentage points of your interest by any means, then this could easily saves up your thousands of dollars.



But what if you are having a bad credit history? Will it be still possible to refinance your home mortgage loan? Of course it is! It seems harsh, but this is the reality of this present situation. If you have imperfect credit history in your pocket, this will definitely makes you a high risk borrower to your lender. In order to save him from uncertain losses in future, your lender will increase the interest rates gradually which you have bound to pay for your bad credit home loan refinance.



The moral is that if you can choose your personal home mortgage loan refinancing plan wisely, you will gradually decrease the monthly payments which you have to pay. So make your monthly payments towards your loan in time and make improvement in your credit score to qualify lower cost saving home mortgage loan in future.

Consolidation Basics

Many people are in the grey area about using debt consolidation services and the reason behind that is people worry in regards to whether or not their current credit rating will stay in tact or not, the truth behind this is as follows, if you have a good credit rating it will remain the same, if your credit rating isn't so good then by consolidating your debts this is effectively increase your credit rating and will not damage it whatsoever.

The basics behind consolidation is that you are rolling all your debts into the one account which will reduce the amount of creditors that you owe money too, debt consolidation is a way of sorting out ones financial situation and will see to it that your back on the right path to the financial freedom. Debt consolidation is not just another loan, a debt is consolidation is joining all of your debts into one low monthly repayment rather than having to pay 4 or 5 different sets of interest rates.

Debt consolidation is a win-win situation for both your client (You) and for the creditor, as the creditor gains extra business and you receive a much easier to manage interest rate that is consolidated into the one repayment.

To learn more about Debt Consolidation please check out this excellent debt consolidation resource website Consolidationblog.net

Lower Your Mortgage Payment With a Loan Modification

Debt consolidation and debt settlement are both great ways for lowering unsecured debt payments. But since your mortgage is probably your highest monthly payment, it makes sense to get it lowered as well. This is easily accomplished with a Loan Modification.

A loan modification is when your lender permanently reduces the mortgage payment by lowering your interest rate, reducing the balance, and/or lengthening the term of the mortgage. This process can drastically reduce your payment and has helped 1000’s of people avoid foreclosure.

Although most lenders will force you to miss payments before approving a loan modification, it’s not always necessary. Even if you are current on your mortgage, a loan modification is possible. You just need to prove you’ve experienced a hardship and that lowering the payment is necessary for you to continue making timely payments.

If you are facing foreclosure, or if you would like to get a loan modification, the first step is to contact your lender and ask for help. In some cases, you can get a loan modification approved on your own, by simply talking to your lender. But more often than not, you will need to hire a professional to negotiate on your behalf. By hiring a professional, you will ensure that your loan modification has the best chance of approval.

When searching for a professional, we recommend finding a company that does not charge large up-front fees and has been in business at least 5 years, with a good track record. It’s important to avoid new companies or people who charge large up-front fees.

Remember these tips when trying to get a loan modification:

1. Always submit a complete package, including all proof of income or other supporting documents.
2. Don’t wait until the last minute to take action! A loan modification can take several months to complete, so take acting quickly will help you prevent foreclosure.
3. If a representative at your lender is not cooperative, try calling back to speak with someone else who may be more helpful.
4. Never become angry or rude with the representative. You need their help with the modification, so treat them with respect.
5. Follow up as much as possible. You will need to verify all faxes and continually contact your lender to make sure the loan modification stays on track.

If you have had a financial hardship that reduced your income, then you may qualify for a loan modification. Take action today and contact your lender to begin your modification.

Car Insurance Quotes and Your Driving History

Many people compare insurance prices before they purchase a motor vehicle or when the insurance rates go up. While a rise in the prices is a good reason, shopping for car insurance should be on everyone’s list. In order to guarantee that you always get the best possible car insurance price, compare car insurance quotes from leading Canadian insurers.

Part of your automobile insurance premium is determined by the type of car which you drive, thus don’t forget to calculate the cost of the insurance when choosing a new car. You will pay less for insurance if the car that you buy has less chances of being stolen (think of anti theft systems), and if repairs cost less after an accident compared to other makes and models. Generally cheaper cars cost less to insure, while more expensive cars cost more.

When you change your address, premiums will probably change because the insurance rates vary by place. If you’re lucky, it could mean you will pay less, while for others it could mean more.

If you had a ticket or an accident it will affect your premium since automobile insurance is determined by your driving history and bad or careless history spells high rates. If you obtain a ticket or have an accident, expect to pay more than you’re paying now. The best thing to do is to compare rates, as you will probably be astonished by the rates available and the money you can save.

Lower Car Insurance Rates by Improving Your Driving History

You can improve your driving history, and lower monthly premiums. While your driving history won’t improve right away, and accidents along with tickets will continue to be factored into the premium, companies might offer better rates as soon as you have improvement. You must notify the of the change, or simply compare auto insurance using online services.

Finance cartoons

No Title

It is best for individual to use his/her own imagination to fill up the title and the dialogue boxes.

Bless You

KH Tang

“Just look at us, everything in backwards; everything is upside

down. Doctors destroy health, lawyers destroy justice,

universities destroy knowledge, governments

destroy freedom,the major media

destroy information, and

religions destroy

spirituality.”

- Michael Ellner

Going after the Real Stuffs...

The first cartoon illustrates an old story of a greyhound dog, which raced around an enclosed track chasing after a mechanical rabbit. After all that running, running and running on the same track… One day he suddenly discovered that the target that he was going after for years was not even a real rabbit! So, he quit the job.

The morale of the story remind us to think: "Are we spending our precious time going after the worthwhile goals?"

The second cartoon is basically telling the same story, but the only difference is that the one who is doing the running has not enlightened yet.

So... In today society, almost everyone is busy going after some stuffs.

And, What's the Real Stuffs?

Would you like to share your viewpoints and enlighten us, please.

Thanks. :-)

Relevant article: What If... We can know our Ultimate Goals Much Earlier?

Bless You

KH Tang

“Think not only about what you want to achieve,

but also why you want to achieve it.”

– Chris Taylor (Author)

The New Economy

Someone had forwarded me a hilarious story to illustrate how the US Economy works today:-

--------------------------------------------8<-------------------------------------

It is a slow day in the east Texas town of Longview. It is raining, and the little town looks totally deserted.

Times are tough, everybody is in debt and everybody lives on credit.

On this particular day, a rich tourist from the East is driving through town.

He enters the only hotel in the sleepy town and lays a hundred dollar bill on the desk stating he wants to inspect the rooms upstairs in order to pick one to spend the night.

As soon as the man walks up the stairs, the hotel proprietor takes the hundred dollar bill and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to pay his debt to the pig farmer.

The pig farmer then takes the $100 and heads off to pay his debt to the supplier of feed and fuel.

The guy at the farmer's co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has lately had to offer her "services" on credit.

The hooker runs to the hotel and pays off her debt with the $100 to the hotel proprietor, paying for the rooms that she had rented when she brought clients to that establishment. The hotel proprietor then lays the $100 bill back on the counter so the rich traveler will not suspect anything.

At that moment, the traveler from the East walks back down the stairs after inspecting the rooms.

He picks up the $100 bill and states that the rooms are not satisfactory, pockets the money and walks out the door and leaves town.

No one earned anything. However the whole town is now out of debt and looks to the future with a lot of optimism.

That, ladies and gentlemen, is how the United States Government is conducting business today.

What do you think....

(Author Unknown)

---------------------------------------8<-------------------------------------

Now...

One might think that though the story is interesting, but how does it related to the real world?

See...

The rich tourist is the FED, it printed the money and circulate it around and eventually goes back to him through various methods... Such as all kind of taxes that you already known, plus the invisible one-->the inflation. “Inflation is taxation without legislation.”--Milton Friedman.

And after that what happen?

There will be $100 more in the Money System.

When the FED keep doing this, they will be more and more money in the system.

(As show in Picture one... Money Supply Keep Increasing in an exponential rate!)

While the products or services can not keep up with the rate of increase...

(As show in Picture two... Depletion of finite Natural Resources, such as energy, clean water, farm land,etc., keep reducing.)

=> The Buying Power of Money keep reducing or so called Hyper Inflation.

(As show in Picture tree... Relationship of Value of Dollar Vs Money Supply.)

In the attached videos, it explains clearing how this hyperinflation can and will happen, and using the Zimbabwe case as an example. It also provides some suggestion as a solution for individual in how to deal with it... Must Watch...

By the way, the rich tourist here can be your government too. :-)

Why not take a minute to google and find out how much "Money Supply" is produce by your rich tourist last quarter?

Bless You.

KH Tang

"Inflation is always and everywhere a monetary phenomenon.

To control inflation, you need to control

the money supply."

Milton Friedman,

Nobel Laureate in Economics.

Who Gain the Profits from Financial Crisis?

Attached is a short article that tell people How and Who will gain huge profit

from financial crisis. Although it was written in the 80's...

-------------------------------------------------- 8< -------------------------------------------------------

Excerpt from "Syndrome of Control" - Chapter 1 by Lindsey Williams

--------------------------------------------------------------------------------------------------------------

Farms
One-tenth of one percent of the farms in America are going into bankruptcy every thirty days. Recently, a farmer in South Dakota told me the following story. He said that his farm had been in their family for three generations. His great, great grandfather had homesteaded it. It has been successfully and profitably tended for three generations.

A few years back when land values increased considerably, the bank persuaded the farmer to purchase more land and equipment by borrowing from the bank, using his land as collateral. Then the bottom dropped out of land prices because of the economy which had been intentionally manipulated by the Internationalist. The bank came to the farmer and said that because land prices had fallen, he no longer had enough collateral to cover his loan, and even though he was current in his payments, he must pay the difference between the amount of his loan and the amount of collateral which he had to back the loan. The farmer could not come up with the amount of money the bank was demanding. Later the bank came to the farmer and announced that they were going to repossess, but the bank asked the farmer if he and his family would stay on the farm as Tenant Farmers.

Was it to the advantage of the Internationalist to bring about a financial crisis for the farmers? Yes! They got the farm for the price of the combine. If a farmer can't afford to farm without borrowing money, then he surely can't afford to farm borrowing money and paying interest. I predict that the majority of the farms of America will be corporate farms within a few years, if the Internationalists have their way.

-------------------------------------------------- 8< -------------------------------------------------------

This trick had been applied world wide... and it is now applied to all the oil production countries... and still working well. History keep repeating itself. Just that the scale and location keep changing.

As spoken in the 1st video that the Manipulator will only buy stocks at it lowest price by spending penny for value of dollars. How can this be done? Or, how can this be detected? This article, TAPE READING, would show you the clue of how to do so.

"The average man doesn’t wish to be told that it is a bull or a

bear market. What he desires is to be told specifically

which particular stock to buy or sell. He wants to

get something for nothing. He does not wish to

work. He doesn’t even wish to have to think."

--Jesse Livermore

Stock Market Tools (5) - Tape Reading

"Money is made in

Tape Reading by anticipating what is coming

-- not by waiting till it happens and going with the crowd."

— Richard D Wyckoff

1. Introduction

"Tape Reading" is a classical method that uses to calculate the number of shares Accumulated or Distributed in a particular stock. It been used as one of the key tool to measure the "Internal Factor" by the Gurus, such as Jessie Livermore, Richard Wyckoff, etc... combined with other "Technical Factors" of the stocks/market.

The Proposition of how Tape Reading works is that The direction of the long term trends depends upon the amount of stock owned by and disposition of the insiders and key investors against the public. As Tape Reading can be use to deduce the Accumulation and Distribution activities, and even estimate the total percentage of shares in the insiders and key investors. Therefore it can use to deduce the price direction and level.

Those who are interested in the original detail of how to do so can find out from some old classic book, such as "Reminiscences of a Stock Operator -by Edwin Lefèvre" or "Day Trading Bible - Richard Wyckoff", etc.

2. How does Tape Reading Methodology been Evolved... Volume Based Indicators

While the "Tape Reading" methodology has be evolved over time and use in current charting indicators, it basic Proposition for the idea are the same:

A) The manipulators/ insiders must accumulate enough percentage of the shares in a particular stock before they would mark up the price for distribution.

B) The manipulators/insiders are having more information than the public, and would act before the public has notice the potential of the movement.

The direct translation of the methodology into the current charting indicator is the On Balance Volume(OBV).

The OBV calculation is basically adding the day's volume to a running cumulative total when the security's price closes up, and subtracts the volume when it closes down.

There are many other variations, such as volume weighted moving average etc... All are based on the same idea that volume should move first (or to be more exact, that the accumulation or distribution should start first), before the price would move strongly.

3. How and why does it loss it effectiveness

For those who are seriously want to find out how effective of those volume based indicators, it can check it out by doing a throughout back-test of data since the indicators inception till current date.(Which would not likely possible for individual to do so). Or to check out the results in some books. "The Encyclopedia of Technical Market Indicators, by Robert Colby" is one of a good book for doing so. (Some example backtest result -> Link)

It can be seen that all these volume-based indicators were performing wonderfully well from 60's,70's and all of a sudden, in the 80's, they lost their effectiveness as an indicator for buy and sell.

This is because there are more and more trading software available together with the Personal Computers, and computerized trading system for the big institution.

Let me explain...

For those volume based indicator that the public is using, they are mainly using the daily time-frame. So, the volume based indicator has made an assumption that the trading volumes are equally distributed in the whole day.

For the manipulators who would want to paint a picture of Accumulation, they can simple sell (distribute) the shares heavily, and just before the market is closing, they can suddenly buy back a couple of percent of what they had sold and push the price above yesterday's closing price. By doing so, all the Volume-based indicators will give false information.

One can simple do an experiment to proof this...

By collecting the one minute OBV, 15 minutes OBV, 60 minutes OBV and Daily OBV over a period of some time, say for two months. It would notice that there will be contradiction in the signals by the same indicators itself with different time frame.

In general, the shorter the time frame, the more accurate it would be. But then the problem would be that most softwares are not able to handle years of 1 minutes data (Unless the user has to write special peace of code to compress the 1 minutes OBV and load it back to match with the daily price chart.)

4. How to correct these errors and bring back it accuracy

Even so, that is to reduce the time frame down to a minute or second, there is still a problem with the accuracy in such volume based indicator. As there is one more factor that need to be consider...

As today, the market is full of trading news in all sort of controlled media...

So, when the manipulators wanted to purchase some particular shares, bad news would have came out to the public first, so that they can buy all the way down.

For the classical method, all fall in price during the transaction are considered as a distribution, while all raise in the price are considered as a accumulation. And, in the Figure 4, it shows a snap shot of the Raw data of a typical transaction. Since the Bid and Ask are very dynamic, and for some high volume stocks, it can be transacted a couple or few tens of time within a second.

So, the correct way to calculate the accumulated/distributed volume MUST take consideration of the Bid and Ask on the transacted price.

If the price is taken place on the Ask, it is a accumulation, and if the price is taken place on the Bid, it is a distribution.

When one can collect the data as such for a particular share, then... over a long period of time... he can then decode the INTERNAL CONDITION of the stock. And, it must use together with others Technical Analysis Tool to get a better timing.

For those who can understand this, it need no further explanation. So be it.

Bless You.

KH Tang

...BTW, The last chart show how the money was hidden in the stock... The manipulator are the one with deep enough pocket to go through the crash, and know exactly which one to accumulate...

Relevant Articles:

-> Jesse Livermore's Secret Market Key <-
-> More articles on Stock Market Tools...<-
->Personal Finance<-
->Project Freedom<-

->HOME<-

->Comment<-