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STI to cross 3000 boosted by long-term investors
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geojam
Member |
27-Feb-2007 21:13
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alamak why that greenspan still talking? retire,just go away,lah. Make us all suffer |
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victor_lee
Member |
27-Feb-2007 21:07
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Looks bearish for STI after looking at it's weekly chart. RSI(14) turning down to 78 from 90, followed by one black engulfing candle. European market all red now. Looks ominous for STI to enter a 10+% correction. Juz sharing my thoughts. |
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singaporegal
Supreme |
27-Feb-2007 20:55
Yells: "Female TA nut" |
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A real blood bath today... The market tommorow will very much depend on the Dow tonight, I think. If the Dow's reaction is moderate, then I believe the STI will rise tommorow. If the Dow's reaction is extremely bad, STI will be in for a second round of bleeding tommorow. |
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novena_33
Veteran |
27-Feb-2007 19:42
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not sure if there is any more down turn..is getting  |
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cashiertan
Elite |
27-Feb-2007 19:12
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sti areadi show signs of weakness areadi since feb start. dow jones also but no choice had to wait for a clearer signal to sell. glad i didnt sell at today's lowest px for my counters.. noble showing signs of resistance but i doubt it can resist the corrections.. |
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KiLrOy
Master |
27-Feb-2007 18:33
Yells: "I buy only what I can see." |
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give and take. : ) If index keeps going up we will have no chance to buy stock at low price. I think today is a healthy correction across all sectors. All my counters blood bath except two green. : ) |
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billywows
Elite |
27-Feb-2007 18:27
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Hmmm ... the Americans investors who just woke up to go to work soon must be in for a SHOCK today when US market opens today. Cos Europe & Asia markets down huge today!! Heehee!!! |
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teeth53
Supreme |
27-Feb-2007 18:20
Yells: "don't learn through life, learn to grow with life " |
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Tink tink, is due to market recordhigh and many shares counter now is on over hang, so major correction from force sell and margin call So those pay up , is okk.., those who punt, not so okkk... What next?? don't worry until worry U. buy/sell or hold with mean |
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choohian
Senior |
27-Feb-2007 18:00
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STI 3232.02 -75.9 big fall. What next? |
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billywows
Elite |
27-Feb-2007 17:58
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Below article posted at 1305hrs in US .... At least give us some idea what's up somehow. ----------------------- HONG KONG (MarketWatch) -- Asian stocks were mostly lower Tuesday, with markets in Japan, China and Hong Kong, as well as major regional markets, all moving into negative territory.
Japan's Nikkei 225 was in danger of breaking a two-session winning streak as Mitsui Fudosan Co. and other property shares fell back on concerns they may have outpaced fundamentals after recent strong gains.
Chinese shares listed in Shanghai tumbled nearly 5% after ending at a record Monday, with energy, steel makers and financial issues leading declines, and Hong Kong's Hang Seng Index ended its morning session lower.
Chinese traders said profit-taking was sparked by concerns additional macro-tightening policies could be introduced following the annual session of the China's National People's Congress that gets underway March 5.
The Nikkei was down as much as 0.4% in afternoon trading at 18,137.41, easing back after closing at its highest level since May 2, 2000 in the previous session. The more-inclusive Topix index was also lower, falling 0.2% to 1,810.04.
Australia's S&P/ASX 200 was down 0.5% and Singapore's Straits Times Index eased 1.9%. Malaysia's KLSE Composite Index was down 1.8% and New Zealand's NZSX-50 fell 0.3%. Taiwan's Weighted Price Index eased 0.2% while South Korea's Kospi was off 0.7%. Thailand's SET Index was up 0.01% and Indonesia's JSX Composite added 0.3%.
China's Shanghai Composite was down 4.9% at 2,891.91. The Shanghai-listed shares of Baoshan Iron & Steel fell as much as 6.2% while China Life Insurance was down as much as 4.7%.
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mirage
Veteran |
27-Feb-2007 17:57
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This should be a major correction, (mini crash) not a minor correction. Any advices for tomorrow, should we cash out those stock that are still profiable? Anyway winning lesser is better than losing our capital, is it right. Just when you think it is safe to go into the waters, the sharks just come????? |
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cashiertan
Elite |
27-Feb-2007 17:55
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cleared all my holdings.. the worst is jurtech which dip too fast too furious.. at least i still in black of a few k thanks to noble and rotary |
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alexpenel
Member |
27-Feb-2007 17:51
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Better Safe than Sorry. Hope all of us here can hav the minimum risk during this period |
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alexpenel
Member |
27-Feb-2007 17:49
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I think it is better to observe for a few more days before jumping in cos if it is a Correction, dun know how long it will last. |
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billywows
Elite |
27-Feb-2007 17:41
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Check below out ..... Europe market down huge too! Blood bath in US market tonite ..... http://sg.finance.yahoo.com/intlindices |
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shplayer
Elite |
27-Feb-2007 17:35
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Vaseline (pronounced as Vas - a -lean)....like Brylcream (pronounced as Braille - cream), used to be a household names for hair cream ( now known as 'gel'). As a schoolboy, corporal punishment was accepted; and encouraged by non doting parents; for errant students (exclusively boys). Before going to school, we used to plaster our hair with vaseline (or Brylcream...depending on the brand loyalty of the boy); not for vanity, mind you....but for self preservation. Whenever we were hauled up for some misdemeanour, the punishment is usually a few good solid whacks with a cane on an outstretched palm. As we proceeded from our desks to the front of the class, we would rub our palms on our vaseline plastered hair, thereby greasing it. As the cane came down, just a fraction of a second before contact with our out stretched palms, we will tilt the palm to to an angle so that the striking cane will glance off the surface...greatly helped by the greasy vaseline....thereby substantially reducing the pain of the impact. In the event the cane made good contact, the vaseline also served to soothe the burning sensation of the welts from the caning. These two products were also useful as home medication to treat burns....in this case burnt fingers of those who have been dabbling in the market......me included...ha ha ha |
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teeth53
Supreme |
27-Feb-2007 17:35
Yells: "don't learn through life, learn to grow with life " |
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ST Index (-)75.90 pt to STI 3,232.02 pt with very healthy volume of 3,202.1 mil shares traded. 154 (counters up) vs 712 (counters down) Isit hedge funds?? are always looking to exaggerate any unfavourable news - In Iraq, 3rd highest inteli...Iranian officer is capture in..., oil rumour $100, Shanghai mkt, Greenspan and/or others news.... |
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chipchip66
Master |
27-Feb-2007 17:04
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immediate support will be at 3200 level. looks like market should stay dull as Financial reporting for most companies are out. Maybe there will be rotation play like construction stocks, water stocks...... |
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pikachu
Veteran |
27-Feb-2007 17:04
Yells: "Holy Cow!" |
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Zam Buk is better.... |
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sohguanh
Veteran |
27-Feb-2007 17:01
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Wat is vaseline? Vase + line? A kind of vase with lines on it? Vase is that container used to put flowers in wan izit? :O |
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