Predict stock price trend：BNS.to

[long yi]

Predict stock price trend：BNS.to
Disclaimer: this is for fun.
Reading time：2012, Jul 3, 22:49

Six Line layout

神煞：天乙—子申　福星—丑亥　日禄—卯　羊刃—寅　驿马—亥　桃花—午　华盖—丑
干支：壬辰年　丙午月　乙丑日　丁亥时
旬空：午未　　寅卯　　戌亥　　午未


六神　 伏神 　　　巽宫：风火家人　　　　　　　　乾宫：火天大有（归魂）
　　　　　　　　　【本　卦】　　　　　　　　　　　【变　卦】
玄武　　　　　　　▅▅▅▅▅　兄弟辛卯木　　　　　▅▅▅▅▅　子孙己巳火　应
白虎　　　　　　　▅▅▅▅▅　子孙辛巳火　应○→　▅▅　▅▅　妻财己未土　　
滕蛇　　　　　　　▅▅　▅▅　妻财辛未土　　×→　▅▅▅▅▅　官鬼己酉金　　
勾陈　官鬼辛酉金　▅▅▅▅▅　父母己亥水　　　　　▅▅▅▅▅　妻财甲辰土　世
朱雀　　　　　　　▅▅　▅▅　妻财己丑土　世×→　▅▅▅▅▅　兄弟甲寅木　　
青龙　　　　　　　▅▅▅▅▅　兄弟己卯木　　　　　▅▅▅▅▅　父母甲子水　　

Background
2nd or 3rd largest bank in Canada
Date High Low Open Close Volume
Jul 3 53.70 52.60 53.06 53.33 1,985,958
Jun 29 52.89 52.37 52.89 52.74 2,981,707
Jun 28 52.38 51.71 52.15 52.08 2,056,980

Query: buy or sell after price rises by 3.8% in two days

Overall picture
Hexagram 14 大有 change hexagram
Prices at a peak. Beware, for prices may begin to drop.
Hexagram 37家人
Prices will rise for the time being, but will fall later.

Six line analysis
Line 2: financial info changes into the investor (5 element wood) who withdraw their funds, price drop.
Timing: five element wood is to-morrow's day Jul 4 and 5.
Line 2 predicts price drop.
Host line: line 2 financial info on host line, this means investor will sell to recover cash.

Line 4: financial info changes into management control and policy, price will drop.
Guest line: line 4, investor rushes to buy.

Line 5: Buyer with cash changes into financial news; prices rises. Investor rushes to sell to recover the cash.

Based on current economical condition and Iching reading, this stock will drop back after the initial rise in value.

This may mean selling at 53.60-53.30 and leave until the price drops to below 52.00
Ex-dividend date is Jun 29. Record date is Jul 3. Price peaks at Jul 3 and will drop after the record date. Dividend is 0.55 per share.

Wait and see.

 

[long yi]

Price history to confirm reading results
Date Open High Low Close Volume Adj Close*
Jul 6, 2012 53.69 53.70 52.83 52.85 1,467,800 52.85
Jul 5, 2012 53.90 54.03 53.59 53.88 2,559,300 53.88
Jul 4, 2012 53.46 53.98 53.10 53.84 1,439,300 53.84

Prediction on Jul 3
Line 2: financial info changes into the investor (5 element wood) who withdraw their funds, price drop.
Timing: five element wood is to-morrow's day Jul 4 and 5.
Line 2 predicts price drop.
Host line: line 2 financial info on host line, this means investor will sell to recover cash.

The prediction for price drop is off by one day.
Prediction: This may mean selling at 53.60-53.30
Enough time to leave on Jul 4 and 5 before the price drop.

Actual data was exactly in reverse to line 5 prediction. Long Yi's mis-intrepretation of the situation
Price drop on the day of fire and remains good for the days of the wood because investor wants to regain capital.

If this is a real investment, departure at the price of 53.60 is still a gain than the loss of 52.85 at the end of the day of fire. The recommendation to sell is still correct.

Conclusion: Do not try to use Iching prediction for short term stock investment because if you are right every time, you do not have to buy winning lotto.