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Thursday, 22 November 2012

Funds Flow Analysis (FFA): 22 November 2012, Thursday, 3.05pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):

22 November 2012, Thursday, 3.05pm Singapore Time


Markets consolidating but retailers (and Technical Analysis Trainers) are attempting to join the shorting ranks now, something to be careful of as too many retailers will rock the boat.

European markets are 1 hour away from opening, while US markets are 7.5 hours away from the Thursday opening bell. Based on current latest computational results, Holdings index strength of Big Hands changed from -2.178 to +1.590 on the Donovan Funds Flow Index Oscillator, reversing from SHORTS into LONGS nowBig Hands Calls holdings on hand changed from +4.262 to +6.267 on the Donovan Funds Flow Index Oscillator, in the money with all Calls on hand. 

Posture by Big Hands Overall:

+ Third consecutive day massive reduction in Shorts
+ Majority of Calls are still being held on (for protection against upside in the immediate/short-term), with even more Calls piled up now. 
+ Outlook in the mid-term less bearish biased now and do bear in mind more retailers are attempting to join the shorting ranks now, as highlighted yesterday.
+ Markets worldwide will now have to execute the next further wave of sell-downs (with volumes) in Index Stocks, Blue Chips and Mid Caps soon; otherwise, the operations will turn into shorts-shakeout since retailers are starting to join the shorting ranks though not fully in yet.

+ In my judgement, there should be one more last weak wave of short term drive-down, to induce late shortists to short, and for Big Hands to officially, and gradually, switch to sizeable Longs holdings. In any way, Big Hands' Calls positions are sizeable now and their Shorts have gradually switched to Longs, a slow and stealth switch.


As per expected last Friday, based on Sector Rotational Analysis, penny stocks were still in rotational play since 3 days ago. This was already foreseen last Friday and indeed executed since 3 days ago by the MARKET.


* Based on my funds flow, I warned ahead during August and September 2012 just before the tops are being formed, that the next major tops worldwide will occur in September and October 2012

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Donovan Big Hands Funds Flow Computational Oscillator
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Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0: No shorts and no longs (direction-less)
1-2: Weak strength / weak holdings
3-4: Moderate strength / moderate holdings
5-6: Strong strength / high holdings
7-8:Very strong strength / very high holdings
9-10:: Rally Mode in store / Plunging Mode in store

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