Straits Times Index   

STI to cross 3000 boosted by long-term investors

Notice indices in Asia and Europe RED, anyone know what's wrong???

 

Anyway, just take note - DJIA as a mkt is still in the woods. Suffice to say, key supports 12609, 12573, must not break. A close above 12661, or better still, 12675 by tonight, will indicate potential for DJIA uptrend in the coming days.

 

There's one old adage - higher high, higher low = uptrend; lower high, lower low =  downtrend.

 

 

 

u have the same call as vict...

jux curious how ya derive on the new recovery trend coming? wad indicators?  

CWQuah      ( Date: 23-May-2008 12:42) Posted: Hehe. New trend emerged. Do not hold short CFDs. Pity about Shanghai. But watch its recovery in next 2 trading days. With a bit of luck, Nikkei shld test 14208 later. :-)

 

Hehe. New trend emerged. Do not hold short CFDs. Pity about Shanghai. But watch its recovery in next 2 trading days.

With a bit of luck, Nikkei shld test 14208 later. :-)

 

 

Basically, spore economy is good, market should be followed as well. However, owing to DJ, HSI and SHI, spore market kena left and right. Boh bian, we need to see other faces to survive comfortably. Blessing and hoping that no further dissaster, both economy and natural,on the above 3 market influencial countries.

Quiet today, may leave the table earlier and go outside to see some green to relax. Cheers.

 

cathylmg, we only believe in Market as Market is always Right...now you know the "guts" needed in making a explicit call going against traditonal wisdon...as always, we have made our explicit call previously in many such circumstances...and we will let Market to prove whether we are right or wrong...and we only believe in the Market as Market is always RIGHT...not you or me...good luck :)

 

Singapore GDP Grows Less Than Initial Estimate

Here is the news 

 

Sorry lah 85, AK meant both animals sound like one ang mo name, who is staying near Maxico lah!!! AK worried kena sue in the forum if mentioned real name leow. Got it?????

 

Seems like Dow is consolidating around 12600 level. Staying neutral till the next trend emerges. The market will show which direction soon.

 

Your call is exactly the opposite from the loom and gloom senerio that is painted about selling in May and going away then comeback in July. Time will tell which is correct.

victorf      ( Date: 22-May-2008 12:52) Posted: when we called for uncertainty mode in April 14th, index is around 3126...when i am back from business trip from Taiwan this morning, index is around 3138 as expected a month ago (and will not break 2192 resistance)....the uncertainty will end within these few days and my advice is to buy on dip....the recovery certainty mode will then last till 18th July 2008.....good luck :)

 

bird and monkey??

AK_Francis      ( Date: 22-May-2008 18:00) Posted: Heng alrdy, down 36 while DJ shits 224. Previously ah, at least touching 100 loh. Hope DJ halt the so-called third in a low game, tonite. Best wishes to the ang mo, esp the bird and monkey don't talk so much bad things. Cheers.

 

Heng alrdy, down 36 while DJ shits 224. Previously ah, at least touching 100 loh. Hope DJ halt the so-called third in a low game, tonite. Best wishes to the ang mo, esp the bird and monkey don't talk so much bad things. Cheers.

 

seems like whenever DOW is down heavily...might be strategically gd to buy some stocks in the morning and then profit in the afternoon

Index	Last	Change	%	High	Low
STI	3160.86	-36.04	-1.13%	3177.38	3138.55
Hang seng	25043.12	-417.17	-1.64%	25057.54	24700.49
Nikkei 225	13978.46	52.16	0.37%	13984.81	13658.02

 

 

 

Already consider very resilent vs Dow....recover most of the lost this morning....

 

Sorry typo. I mean it didn't rebound like it used to.

 

Today STI did rebound like it used to.

 

The volume might be due to penny stocks as I see some counters turning active.

cyjjerry85      ( Date: 22-May-2008 14:39) Posted: for the past two days we seen how our local market had suffered scares from the US in the morning we are down and the next moment we are on the verge of recovery... now wanna long also fearful...short also won't have an ease in the heart...however why are we still seeing bigger volumes these days? i think the fund managers are probably actively at work again...well..its possible...

 

for the past two days we seen how our local market had suffered scares from the US in the morning we are down and the next moment we are on the verge of recovery...

now wanna long also fearful...short also won't have an ease in the heart...however why are we still seeing bigger volumes these days? i think the fund managers are probably actively at work again...well..its possible... 

 

Thanks for the immediate reply. At least I don't have to ponder about it for long.:)