Straits Times Index   

STI to cross 3000 boosted by long-term investors

sti now down 50. a yoh, no eye see leow. think stay sideline until next week.

 

1997- asian crisis due to devaluation.

2007 may to 2011- crisis worldwide due to  stagflatiion

 

nikkei dw so much, Hsi will see dw 400 today

 

 

Be brave to face oil price at US$200 per barrel in less than 2 years time. The speculators do not care at all about other countries problems but theirs profit.

 

I think we should curse and condemn those BB who are playing up oil prices.... As a result of their action, the global population is affected. These people definitely has obtained a VIP position in Hell already.... Just wait for their retribution to come.

 

being pessimistic now, oil is now 134.70 up from 134.01......tis is bad for markets globally 2morrow, IF oil does not go down by 5 a.m. et.

 

oil is now 132.75 (down from 134.65) n if it does not go beyond 133.00, sti wud pprobably  b  above 3010 closing....dow is now 128 negtv BUT oil has come down by 1.90/barrel....good news for china, japan, hk, sgp...in fact asia including korea.......hope tis cud give u some optimism or less pessimism...cheers to lower oil!!!

 

Testing the 3000 level soon....not very optimistic though...

 

oil stk report at 10.30 will decide dj closing 2morrow......nowadays no need look at dj face but look at c/o px, usd, yen  n  euro exch rates agst usd.

 

yoh, for weeks never see 1.6b traded vol. seems encouraging, though near weekends. but 2morow gonna be quiet leow. Must look at DJ face again.

 

Wah. From negative to positive then to negative again. What a ride!

 

vol is pretty decent for 1st half of the day..hope it can continue in the 2nd half..

surprised at the STI rise

 

sorry. put in the wrong thread. Suppose to be for SGX

HLJHLJ      ( Date: 18-Jun-2008 13:00) Posted: Frm one broking house analysis: SELL (PE=18 @ TP: S$6.20 ) Oh dear, i still have 1 lot at 8. What should i do? Hold or cut loss?

 

Frm one broking house analysis:

SELL (PE=18 @ TP: S$6.20 )

Oh dear, i still have 1 lot at 8. What should i do? Hold or cut loss?

 

it could probably be a good start...

AK_Francis      ( Date: 18-Jun-2008 12:13) Posted: just wake up, tired after the late morning soccer session. expected STI will dip today. ha down and up. now +8 leow. but vol thin leh, .8b. near closing, less trading alrdy. yes, dragon stocks were most uplifted, but local counters seem quiet. pm may not improve much, I guess.

 

just wake up, tired after the late morning soccer session. expected STI will dip today. ha down and up. now +8 leow. but vol thin leh, .8b. near closing, less trading alrdy.

yes, dragon stocks were most uplifted, but local counters seem quiet. pm may not improve much, I guess.

 

hope the Asia powerhouses will bring us up by leading one another...Nikkei was red and now green...Shanghai was more powerful this morning if u were to see how red they were before bouncing back up in an alarming manner...then there is Hongkong which is influenced greatly by the Chinese market and we are then lead by HSI...and the influencing factor affects and bring up many Chinese counters which in turn spur up our STI at the moment...

we still have the afternoon session to watch by...let's hope it will end with great momentum 

 

Even Nikkei, in the red early this morning, is now green. 

 

again our STI follows the HSI which today had been fluctuating in the red and green territories...seems to be moving upwards now ...the Shanghai indexes went quite into the red early morning but had since turned flat and mildly positive at the moment...had climbed upwards from morning till current position

 

was looking at the intraday chart for STI...

morning formed a shoulder, followed by a BIG HEAD!...now forming the 2nd part of the shoulder...

but within that 2nd shoulder there's a W followed by a V formation..

prob move up to form the top of the 2nd shoulder before commencing the slide down after the head n shoulders formation..