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STI
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billywows
Elite |
02-Oct-2006 21:59
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Banks and property stocks will continue to be chased up these few days .... these are super blue chips which carry huge weight on STI. STI will strengthen further, but dive on correction this month too. Scary! .... dive to which level??!! Its ascend is too fast and too high suddenly. |
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rogue_trader
Master |
02-Oct-2006 21:49
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My personal opinions- I think there are big boys today shot up the index but without any good news that are known. My guess is there will be a correction very soon. In today Wall Street Journal, there is this article on a Mr. Brorson, a Chicago money manager with $2.3 billion under his supervision. Read about his " a wall or worry" and one might see the picture clearer. |
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chipchip66
Master |
02-Oct-2006 21:40
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Tomorrow will also be a good day for STI. Fund Managers have started the ball rolling and whovever buy first will get to relax first at year end! |
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tanglinboy
Elite |
02-Oct-2006 19:54
Yells: "hello!" |
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Tommorow sure drop due to profit taking! |
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Nostradamus
Supreme |
02-Oct-2006 19:08
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I think it'll test the May high, which is also its record high. |
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billywows
Elite |
02-Oct-2006 18:14
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Scary!!! .... Closed up 2,600 today!!!! |
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singaporegal
Supreme |
02-Oct-2006 11:05
Yells: "Female TA nut" |
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Seems to be pulling back after the rise in the morning. |
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scotty
Senior |
29-Sep-2006 18:06
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What a crazy day! Started up HIGH, mid-day was very LOWand ended up FLAT! |
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timetells
Member |
29-Sep-2006 17:43
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At this point in time, its better to be bull than bear. Cheers! |
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allantanhc
Veteran |
29-Sep-2006 12:44
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STI is basically showing a bullish pattern as long as it does not go below 2510. It has recovered beyond 0.618 level of the May correction. Going ahead, possible resistance may be seen at 2580 level. Thereafter, it should challenge the all time high of 2666 set in May 06. If it is able to clear that resistance convincingly, we may see it progressing towards 3100. This is a optimistic but plausible target. I derive it from the double formation between 28 Oct 05 and 14 Jun 06. I hope that this prediction will come through. |
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chipchip66
Master |
29-Sep-2006 11:34
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Today is Friday=Profit taking day. |
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scotty
Senior |
29-Sep-2006 11:33
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Wah! Suddenly all red! Why ar? |
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timetells
Member |
29-Sep-2006 10:27
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This is a 'hesitant' rally hence for every 3 steps forward, STI has to take a step back. This is healthy and I foresee STI to be at 2600 soon. See you there! |
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singaporegal
Supreme |
29-Sep-2006 10:01
Yells: "Female TA nut" |
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A second day of profit taking? Pulling back after a good week. |
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scotty
Senior |
28-Sep-2006 11:58
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Yah! But not as bad as I thought! |
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chipchip66
Master |
28-Sep-2006 09:52
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As expected, profit taking now!! |
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singaporegal
Supreme |
27-Sep-2006 21:38
Yells: "Female TA nut" |
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With the steep rise today, tommorow will see some profit taking happening place in the morning. Just a word of caution.... |
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tanglinboy
Elite |
27-Sep-2006 13:43
Yells: "hello!" |
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Volume traded today relatively good. Now its 460 million shares. |
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Nostradamus
Supreme |
26-Sep-2006 19:27
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Share prices closed mixed, with the main index up slightly but with the broad market coming under pressure as sentiment was hurt by some falls in regional bourses and weaker-than-expected August manufacturing data, dealers said. Output for the month grew just 5.5% yoy, compared with a 19.8% rise in July. In HK, talks of further corruption investigations from the Chinese top brass spooked the market. S-chips (China companies listed here and other penny stocks bore the brunt of the selling. |
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shaguar
Member |
26-Sep-2006 16:20
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STI is moving sideways... how to reach 2700pts by year end?? |
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