Straits Times Index   

STI to cross 3000 boosted by long-term investors

the great guy said Wall Street got drunk... now its hangover??? today BT

 

No haha, 50% chance it will drop again.

 

today top vol mostly comprising of China stocks..

BEIJING olympics!..go china!

 

Do you guys think that the sky is clear?

 

ha ha ha. ya, anal-ysts like to play ppl's @ss. 

novena_33      ( Date: 24-Jul-2008 09:08) Posted: hey bro....i think anal-ysts..dont cover their ass....but they like to play other ppl one....

 

wa, feeling dizzy liao man, shoot up too high too fast

 

Latest info: Oil drop further.......OIL  to $124.44 http://money.cnn.com/

 

oil $124! markets will rally like crazy ballz

 

hey bro....i think anal-ysts..dont cover their ass....but they like to play other ppl one....

 

Ya, "cautious" seems to be a safer word. Like many Anal-ysts like to use "cautiously optimistic" to cover their @ss.

AK_Francis      ( Date: 24-Jul-2008 00:46) Posted: yoh, to be safe, lets treat the market still under buoyant situation, so as to don't give ownself too much hope on the bull side. cautious still the word till market is much clearer. EU bright green hrs ago. now DJ down 9.5 Nsqd in light green. 15 mins later to close mid day. lets wake up early 2morrow to see DJ 2nd half of the trading day to make decision loh. foresee profit taking last 2 trading days of the week, if there is no push for STI further.

 

agreed. if those paid analysts are so chun, they need not to be employed, they can be warran buffett or Peter Lim liao.

the moral of the storry, being as a trader, be it small timers or big timers, we hv to account to ourselves, esp making decision on trading must be gone thro' a series of homework, though analysts or other news can be a reference.

AK still belive that any suggestion is not a stupid suggestion. For those who got involved in WITS(some say Waste Individual TimeS) before would understand and cherish the practices.

Likewise, if your young kid bringing up a question which he is on doubt, and to the older experienced parents, they felt indeed it is a nonsensical question, pse don't slap him on his face of telling him its stupid question. Tell them the truth and correct him with love, and eventually, he will grow up with bride and the parent as well.  

Cheers.

 

Anybody guess of the market is half correct. Up or down! Even analysts are wrong at least half the time.

 

Some people talk like a guru where in fact there are goondu. 

 

yoh, to be safe, lets treat the market still under buoyant situation, so as to don't give ownself too much hope on the bull side. cautious still the word till market is much clearer.

EU bright green hrs ago. now DJ down 9.5 Nsqd in light green. 15 mins later to close mid day. lets wake up early 2morrow to see DJ 2nd half of the trading day to make decision loh.

foresee profit taking last 2 trading days of the week, if there is no push for STI further. 

 

Agreed. This rally appears to be too sharp an advance in too short a time - seems to be a product of shortcovering positions by institutions rather than committed buying plus retail fervour.

Dow is likely to test 11700 - but there is some serious resistance at 11704-11708. The downside potential for tonight is 11406 (11500 will offer interim support though).

Oil price movement will influence markets a bit - but beware of any unusual resurgence.  

trader88.sg      ( Date: 23-Jul-2008 18:22) Posted: The market is still uncertain in my humble opinion. STI might have moved up 88 points today, but the trend reversal cannot be confirmed yet. FIFO (Fast In Fast Out) should be safer.

 

I agree totally with elf.

Low volume markets are highly speculative and unstable. 

elfinchilde      ( Date: 23-Jul-2008 16:47) Posted: supremeA, as per private msg. careful of volume tho. cos when rallies occur on small volume, means you have to move twice as fast (considering 2 bil as ave vol). to give an analogy: imagine if you're asked to catch 10 fishies from a pool of 500. and now the pool is reduced, 250 fishies. you still need to catch 10. which is easier.

 

Dear Ak_Francis,

I beg to differ........ It is a true fact!

AK_Francis      ( Date: 23-Jul-2008 01:12) Posted: could be a mirage???

 

The market is still uncertain in my humble opinion. STI might have moved up 88 points today, but the trend reversal cannot be confirmed yet. FIFO (Fast In Fast Out) should be safer.

 

Dear Aleoleo,

When market is up, why should you from time to time full of suspicion.... is it a trap? Several times in the past yes, this time could be different in the environment of crude oil price hike has come to an end (could be in long term downward trend), inflation fading, equity market valuation at comfortable and affordable very very low level, short selling activities diminish substantially, also a good indication of privatisation is more and more on the card as if becoming a trend recently (Due to its listed companies price all at artificially depressed very low price level of every individual listed company, as such it is no longer feasible in SGX listing to maintain for). I strongly believe that TURN AROUND of global equity market is just commencing!!!(CAVEAT EMPTOR)

aleoleo      ( Date: 23-Jul-2008 16:36) Posted: wah..... what happen today ? why STI can up so much ? because of what ? or this is a trap ? any idea ?????

 

what a saga for STI today. EU now green green grass of home. DJ likely follow suit liao. no deal today for AK, just enjoy market mode. less paper loss loh, with some gain and some still at bottom. no panic, must hv faith with the market. cheers.