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STI to cross 3000 boosted by long-term investors

 Post Reply 62201-62220 of 69565
 
paperless
    12-Jun-2008 12:58  
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Again and again and again, market justified itself.

(09-May-08 : Sti Open with 3171)

 

paperless
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Posted: 09-May-2008 12:01       Contact paperless          *  Quote this Post!
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Run! Run with all out!!
 
 
elfinchilde
    12-Jun-2008 12:45  
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eh, eldarchen, i thought i warned you two days ago to stay out of the market for these two weeks..... (-_-").....

a bit too risky to buy STI puts now, i think...wait for bottom to fish.
 
 
ozone2002
    12-Jun-2008 12:02  
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i look for index warrants close to the index value and those with considerable vol..cos they are more liquid if i decide to throw..

Eldarchen      ( Date: 12-Jun-2008 09:47) Posted:

ozone which puts r u looking at ?

 

 
winsontkl
    12-Jun-2008 11:59  
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Shanghai composite drop 100 over points....not a pretty sight...
 
 
winsontkl
    12-Jun-2008 11:56  
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Revisit below 3000 level again....will STI revisit the March low of 2800???
 
 
Eldarchen
    12-Jun-2008 09:47  
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ozone which puts r u looking at ?
 

 
ozone2002
    12-Jun-2008 09:39  
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STI put warrants in the money..

next goin for HSI put warrants..HSI markets to open in 1hr.. yeah short short short..
 
 
ozone2002
    12-Jun-2008 09:01  
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short ah...huat ah...
 
 
mediacraze
    12-Jun-2008 07:59  
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Well.... let's wish all good luck on the counter we click yesterday. Hope the dropping not too steep today....
 
 
Eldarchen
    12-Jun-2008 07:06  
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G'luck to whoever bought yesterday thinking it would be a good day to bargain hunt .... myself included haha

Thinking of loading up on

Singtel and Capitaland today
 

 
fivestar
    12-Jun-2008 06:50  
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really scared. not only DOW, Vietnam crisis,China inflation,high oil price, I am afraid all this will lead to a slow but deep economy recession ...
 
 
winsontkl
    12-Jun-2008 06:10  
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High chances that STI will break thru 3000 or set to be lower that Shanghai composite...

CWQuah      ( Date: 12-Jun-2008 00:03) Posted:



Dow spoilt the whole market. Got spooked by unexpectedly greater drop in oil inventories. 3033 is yet going to be tested again.

If 3033 breaks, expect to see 3006 tomorrow as a possible bottom.

Hopefully Shanghai composite index will be > than STI soon. It's rare to see an index of a bigger economy going below that of a smaller economy.

 
 
willysoh
    12-Jun-2008 04:51  
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sti will break 3000..........
 
 
CWQuah
    12-Jun-2008 00:03  
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Dow spoilt the whole market. Got spooked by unexpectedly greater drop in oil inventories. 3033 is yet going to be tested again.

If 3033 breaks, expect to see 3006 tomorrow as a possible bottom.

Hopefully Shanghai composite index will be > than STI soon. It's rare to see an index of a bigger economy going below that of a smaller economy.
 
 
AK_Francis
    11-Jun-2008 18:32  
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not a bad ending, but yet to see DJ tonite performance before we can act further.
 

 
cathylmg
    11-Jun-2008 14:43  
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Wah! Goes down as fast as it goes up...
 
 
cyjjerry85
    11-Jun-2008 14:22  
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if only the greenery can be accompanied by volume...how beautiful it will be...but anyway...now the red is also with low volume...

just keep on guessing how it will turn out today 
 
 
OneSharer
    11-Jun-2008 14:21  
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After lunch, green seems contagious (eg HSI). 
 
 
waterfalls
    11-Jun-2008 12:58  
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Mkt is now news driven and ...any more bad  news will send the mkt further south. It's a double whammy cos both bond and stock prices are going down together. Not for the faint hearted!
 
 
CWQuah
    11-Jun-2008 12:50  
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Mkt looks interesting. Probably can enter small positions to test.

CWQuah      ( Date: 09-Jun-2008 00:31) Posted:



Let's see how low it can drop tomorrow. Anyone here believes STI will drop and break through 3000?

I'll give it 3 days maximum to attempt this; but I seriously doubt it will even touch near 3000. At best I'd give it a chance to test 3033 by Wednesday should there be a persisting downtrend.

This is frankly more of a time to look for real bargains in STI counters for those with the money to hold.

Yes, tomorrow markets will gap down globally, but who's to say the close won't be higher? In fact, I do suspect the market has reached, or is reaching a bottom by Tuesday.

 

 

 
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