Volumes are good today. And the index recovered strongly from a low of -40 plus.
That's a relatively good sign.
could you elborate . for this the below mention theorm... small vol , cheong. and big vol .dive.... thanks
YEah now we see BIG VOL >2Bil when market is down... light vol when market chiong..wat does that tell ya? ;p
| teeth53 ( Date: 07-May-2008 18:13) Posted: |
STI is down by....
Due to most of the big listed index, including property stocks and China FTSE....
| ST Index |
3,228.95 -19.80
|
|
| Volume |
2,040.8 M
|
good to see it close above the 200MA ...today's volume is pretty much high
cyjjerry85 ( Date: 07-May-2008 11:21) Posted:
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down led by china which is down 4%... chinese govt going to do something again ...
Last few days HSI up so it needs a break too. If no more good news/bad news from US ....... make your wise foresight and invest with care.
HSI is seriously ill....almost hitting negative 800 already....very bad
time is right is when trend is obvious. now still in range market.
I cleared 1/3 of my Asian UT yesterday. 1/3 of whole portfolio invested. Reason of clearing: Take Profit when you can.
Have been warning others to take some profit when you can and buy when time is right.
will china shares soar with olympics coming?
hi livermore, would like to know what they taught you about the first buy in the TA course?
market topping out is not a surprise, really. this was a rally on low vol. besides, the markets can only ignore bad news for so long.
hmmm...y May 7?? anyway...lunch time very soon...and HSI is still in a bloodbath of redness...it may plunge 500 points soon...
cathylmg ( Date: 07-May-2008 12:02) Posted:
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Looks like panic selling today. I wonder what is the rush. I remembered someone did mention beware of May 7?
Same here. Strange though STI goes down, those counters that I'm looking at is positive.
Centaur ( Date: 07-May-2008 11:31) Posted:
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Now the market is so erratic and volatile that i kinda give up looking at the STI, am focusing on the individual counters instead.
our plunge is accelerating as HSI is now down more than 130 points in the red...peculiar that DOW went up last night...but this market is very irrational now la...our STI support can be seen temporary around the region of 3222 (technically at 200MA)
Green8 ( Date: 07-May-2008 11:14) Posted:
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Up for a few days, let it takes a break for > 10.
u work frm home? tt's so nice!
AK_Francis ( Date: 07-May-2008 10:38) Posted:
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Relax lah. SingTel down leh, whats up? Had Q 3.80 last nite, no smell, didn't withdraw yet. Q 3.82 ds morning to keep few for coming announcement loh. Again, pm out of home office. Cheers.