Shares & Derivatives
Capitaland Analysis
By ccloh Strategic Investor Zone  •  October 7, 2018
Came across Capitaland chart and found it is rather interesting from Elliott Wave Supercycle degree, assuming its price follows Elliott Wave pattern. The data was from 2000 till now and for that period of 18 years, it appears only move from Supercycle Wave ((C)) to Supercycle Wave ((1)) and to Supercycle Wave ((2)). Wave ((C)) happened in 2003, the period when economy recession (2001 to 2003) plus SARS outbreak sent its price into correction. Wave ((1)) peaked in 2007 prior to the 2008 GFC due to US subprime crisis.  In general market indices and most stocks recovered from the correction in 2009 but Capitaland continued the corrective till now, a period of 11 years.  It is quite a lengthy correction but not impossible in Elliott Wave Supercycle degree, the longest encountered so far is Creative Technology's 15 years.  As for what caused the correction to be so ...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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