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STI meets strong resistance
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chandler_ling97
Member |
07-Aug-2006 10:01
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Hi guys ~!! seems like wat we thought of are all wrong , now -6.58 |
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billywows
Elite |
04-Aug-2006 22:15
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Good chance of a brief rally next week in STI for National Day as Fed hike pause is almost expected by most analysts due to US's July payroll weak data out just now. Next Fed meeting on 20th Spetember - maybe another pause? .... (I really pray, but fat hope) But IMF and World Bank meeting in S'pore that same period ...Maybe we will have our own S'pore rally instead. :P |
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teeth53
Supreme |
04-Aug-2006 19:55
Yells: "don't learn through life, learn to grow with life " |
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Yup. U r there, depending all on FOMC plus DOW plus Mr Ben Benanke, the FED chief |
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Nostradamus
Supreme |
04-Aug-2006 17:32
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STI rose up to the election date. I think it'll rise slowly up to National Day. Both depend on whether the Fed hike interest rates. Coincidence? |
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newmoon
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04-Aug-2006 11:53
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The declines are more than the advances today. Another adverse factor is the ECB interest rate increase yesterday The national day rally may just be a false hope as markets are forward looking-looks like the market is past high noon |
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