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STI to cross 3000 boosted by long-term investors
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Isolator
Supreme |
08-Jan-2011 00:20
Yells: "STI is hard landing to below 2000..." |
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See you under 3200 point.... | ||||
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Livermore
Master |
07-Jan-2011 21:53
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Buy when stock corrects in a uptrend, not when stock is in a downtrend.Knowing the difference is important. | ||||
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enghou
Senior |
07-Jan-2011 21:20
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The Edge Technical Comment Chart View The STI (3,261) is approaching a resistance area at 3,300-3,320. With short-term stochastics and other indicators at the top end of their range, the index may need a respite from its recent climb. Support is initially at 3,200. The focus could once again be rotational, with situational stocks attracting interest as blue chips consolidate. There is some attention on stocks trading below their NAVs.Bonvests Holdings (which owns Liat Towers and The Sheraton Towers Singapore) last traded at $1.13, below its book NAV of $1.65 Life Is Great |
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krisluke
Supreme |
07-Jan-2011 14:25
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* Index down 0.4 percent, 3,250 pts support seen * Kim Eng surges 13 pct on Maybank's takeover bid * GMG Global up on reports of Ivory Coast ops * NOL down on oversupply, falling rates SINGAPORE, Jan 7 (Reuters) - Singapore shares were down at midday on Friday, pulling back after a rally in the first few trading sessions of the year, but stockbroker Kim Eng Kim Eng shares rose as much as 13 percent. At midday, they were up 11.9 percent with 43.1 million shares changing hands at S$3.02 each, below Maybank's offer price of S$3.10 per share, but well above its closing price of S$2.70 on Wednesday. Kim Eng was suspended from trading on Thursday. The Straits Times Index (STI) <.FTSTI> was down 0.4 percent, or 13.17 points, at 3,266.53. The total value of shares traded in the morning session was S$1.15 billion, lower than S$1.24 billion on Thursday. The STI had risen 2.8 percent for the first four trading days of 2011, as many traders and fund managers were back from the year-end holidays and quickly took fresh positions. "It's been quiet the whole of December, and now there's a return of fund managers from the holidays," said Janice Chua, DBS Vickers head of research. "But today there is a pull-back. The STI has been up four days in a row, so this is marginal profit-taking," she added. Traders said there could be further downside to the STI in the afternoon, but support may kick in at around 3,250 points. Shares of GMG Global At midday, GMG Global shares were up 3.4 percent at S$0.305 on a volume of 45.7 million shares. Shares of Singapore-listed container shipping firm Neptune Orient Lines At midday, NOL shares were down 1.7 percent at S$2.34 on a volume of 4.2 million shares. Shares of Singapore technology firm Stratech Systems (Reporting by Eveline Danubrata;Editing by Saeed Azhar) ((eveline.danubrata@thomsonreuters.com)(+65 6403 5669) |
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timqoo
Senior |
07-Jan-2011 12:27
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maybe buy last 5 minutes better after all traps triggered till no more. | ||||
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timqoo
Senior |
07-Jan-2011 12:15
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many traps today. large buy queues supports suddenly disappears after buying up to next bid. | ||||
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DnApeh
Master |
07-Jan-2011 11:43
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buy lah... see SSE | ||||
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cathylmg
Elite |
07-Jan-2011 11:42
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Cool manz, thumbs up for you!
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Bon3260
Supreme |
07-Jan-2011 11:40
Yells: "Ooo Ooo Aaa Aaa!" |
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Wat 2 buy??? Muz do ur own hm work. Always buy when a Chart indicated dwn trend. & sell when chart shows up trend.
('',)
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james87
Veteran |
07-Jan-2011 11:24
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Ya...why rally?? | ||||
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melchamp
Member |
07-Jan-2011 11:23
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Hum... What to buy?? Any suggestion?? :) | ||||
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cathylmg
Elite |
07-Jan-2011 11:19
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How come everyone says next week got rally?
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bishan22
Elite |
07-Jan-2011 10:48
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Bot more Capland for next week rally or LNY . Good luck. | ||||
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cathylmg
Elite |
07-Jan-2011 10:22
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Really ah? Then better listen to Bon, in liao...
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Bon3260
Supreme |
07-Jan-2011 10:13
Yells: "Ooo Ooo Aaa Aaa!" |
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Buy now... Sell nxt wks' Rally... Today's Fri, Healthy Mini Corrections r expected... ('',) |
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SGG_SGG
Master |
07-Jan-2011 10:07
Yells: "karma karma karma chameleon" |
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Going to find a good sinseh soon. | ||||
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SGG_SGG
Master |
07-Jan-2011 09:38
Yells: "karma karma karma chameleon" |
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Take poh chai! hahhaa.... please please not another episode of sliding off mountain I did not go Xmas shopping except for some bottles of H&S shampoo leh.... CNY coming! Must b uy abalone, salmon yu sheng!
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cathylmg
Elite |
07-Jan-2011 09:27
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Nice cow, I know you need to rest, a bit of bowel movement is ok, but not diarrhea hor...
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SGG_SGG
Master |
07-Jan-2011 09:25
Yells: "karma karma karma chameleon" |
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Need to breathe, graze, rest. | ||||
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cathylmg
Elite |
07-Jan-2011 09:11
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Wah. Diarrhea all the way.... | ||||
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