The Saturday Report

A Weekly Blog on the Singapore Stock Market

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Disclaimer & Acknowledgement

The analyses presented herein are personal judgements and not meant to be financial advice. You should use your own judgement or seek advice from your broker or financial adviser. The analyses are based on the Elliott Wave principles as discovered by Ralph N Elliott in the 1930's and later presented with Charles J Collins as The Wave Principle in a booklet. Elliott himself incorporated The Wave Principle into a larger work named Nature's Law - The Secret of the Universe, published in June 1946. In 1978, A J Frost and Robert R Prechter popularised the principles in their book Elliott Wave Principle. Robert Prechter is founder and president of Elliott Wave International, which publishes the website: that provides various educational and advisory services.

Charts are from ( with analyses and annotations added by me. Comments or questions by email are welcome. Thanks to the readers who have given positive feedback.