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STI to cross 3000 boosted by long-term investors
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eastcivic
Elite |
04-Oct-2011 11:49
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call it coincidence or call it BBs having insider info and started to sell before the news..... traders who believe in TA would say that everything is reflected in the charts and news is not important as chart interpretation/reading.... on the other side of the coin, those who believe in fundamentals of economy, company financials etc will say otherwise.... there is no right or wrong method.... stick to the one that one is comfortable with.... ultimately as long as the method that one is using can make money that is all that matters 
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stoheart72
Senior |
04-Oct-2011 11:42
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Interesting, so the chart do forcast the tsunami.
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eastcivic
Elite |
04-Oct-2011 11:37
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if i'm not wrong, the japan tsunami happened on 11th march 2011..... on 9th march 2011,  sti looked like it  was forming a shooting star. the next day 10th march 2011, sti formed a bear candle and confirmed 9th march 2011 shooting star.... if just by looking at charts and have exited longs or shorted on 9th or 10th march 2011.... one would be able to react in time for the japan tsunami and not be caught by surprise.... go through all the world events....9/11  , lehman bros collapse etc and look back at the charts, i believe there would have warning signs on the charts for one to react on these news....
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louis001
Master |
04-Oct-2011 11:34
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hahaha...all readers take note in SJ forum... the lesser you read, the better,    The lesser you listen to opinions and analyses, the better, especially those who  like to "   chang pian da lun" (tell long-long stories)..  ![]() LOL... 
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rotijai
Supreme |
04-Oct-2011 11:28
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hm.. guess might have to wait for a while
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Isolator
Supreme |
04-Oct-2011 11:22
Yells: "STI is hard landing to below 2000..." |
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STI below 2400 this mth... 2000 year end? lol | ||||
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stoheart72
Senior |
04-Oct-2011 11:13
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ok, I think I understand that part, but what about situation like the japan tsunami, we about to react in time? cause that time I really caught by surprise lol
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iPunter
Supreme |
04-Oct-2011 11:09
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Sometimes, bewildering movement in the market       catches you by surprise. But that is because you               do not have th efirst hand news yet...               but it is already apparent in the chart... ![]()
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stoheart72
Senior |
04-Oct-2011 11:05
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Ahh ok, I get what you mean now, basically is better  to ignore the news, not that you can see the first hand news  from the chart.
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stoheart72
Senior |
04-Oct-2011 11:02
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I agree that the downtrend seems to  be the stronger  direction for now. But too bad if  70% of  your forcast had been accurate, we should have sti at 1500 by now, wasted, else all can " huat" ) 
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iPunter
Supreme |
04-Oct-2011 11:01
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For good stock play, the lesser news you read, the better.     The lesser you listen to opinions and analyses, the better.         The way to good stocks play is to simply concentrate on the chart...                         No need to " chang pian da lun" (tell long-long stories)...     
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stoheart72
Senior |
04-Oct-2011 10:56
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Actually I dont understand too, means by looking at that chart, I can dont watch the latest news reported, can know what happen to the world?
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Isolator
Supreme |
04-Oct-2011 10:42
Yells: "STI is hard landing to below 2000..." |
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I am sure you have not understand the beauty of TA.....  Not many TA traders can understand it too.... lol
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Isolator
Supreme |
04-Oct-2011 10:40
Yells: "STI is hard landing to below 2000..." |
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Thank you sifu for correction... You are the best! lol
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iPunter
Supreme |
04-Oct-2011 10:34
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Hahaha... at first I too find that hard to grasp... lol...![]()
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louis001
Master |
04-Oct-2011 10:30
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  company fundamentals and stock price(subject to market play)  are two different things... and charts only reflects   stock price done and timeline.... which is technical in nature. how will " known and unknown fundamentals" are all reflected in the charts ?  for one to find first hand " news" in the charts which only show history data, that is even more funny ?  
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iPunter
Supreme |
04-Oct-2011 10:23
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Hahaha... what is " pengshan" ?...          some kind of mountain or summit?           I thought it's " pengsan" ... lol... ![]()
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Isolator
Supreme |
04-Oct-2011 10:21
Yells: "STI is hard landing to below 2000..." |
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Today STI and HSI will pengshan....... Take care.... | ||||
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iPunter
Supreme |
04-Oct-2011 10:18
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All the fundamentals in the whole world,     known fundamentals, as well as unknown fundamentals,             are all reflected in the stock's chart itself...                       which means to say, first hand 'news'                                 can be found in the chart.                                             Newbies find this hard to grasp...  |
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Isolator
Supreme |
04-Oct-2011 10:17
Yells: "STI is hard landing to below 2000..." |
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Dow do not want to crash with -500pt yesterday.... But it will continue to drop.... Dow will be marching below 10K this week i think so.... lol | ||||
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