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DOW Future is up double digit...
Look like it's following up on from last closing....up slightly for DOW, so is for STI Index, , good for another rally, for this coming Monday only, that my view.
6:38am: Futures little changed as investors await report that is expected to show fourth straight month of U.S. job losses. more
It closed off at...
http://money.cnn.com/data/premarket/index.html (DOW future is seen positive)
Due to long weekend, still it ended up very strongly. Coming another rally good for Monday trading only.
yap, vol still low could to be -
1. today is friday
2. still at the recovery stage of confident (fear still the main issue)
3. STI jump > 80+ some ppl wld rather stay sideline (waiting for durian to drop leh!!)
4. can see BBs in play
cyjjerry85 ( Date: 02-May-2008 15:15) Posted:
| looking at situation...we r well above the 3200 level...however...volume is considered weak currently..the morning session was strong...but afternoon reopened without the continuation of strength in volume...at the moment now is not even 1.1billion yet
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looking at situation...we r well above the 3200 level...however...volume is considered weak currently..the morning session was strong...but afternoon reopened without the continuation of strength in volume...at the moment now is not even 1.1billion yet
AK agreed, take money first and may be, peow PW, as member suggested. Yoh, some members still in Genting, forget about them. Happy TGIF loh.
sell into strength!!!... nikkei up 1.76%!...
government warning recession is looming.. i bet its here already...heard some Banks that were bought by GIC..don't wanna name who.. are cutting Asian headcount already... gonna be bad..
no $$ = no consumer spending = biz close shop = GDP down
i may be wrong thou. but i would suggest take some profit if any. leave some to see if the DOW will contd to climb. 13,000 is a resistance level. need to play carefully..
my favourite play is here...
PUT WARRANT PLAY! is the strategy for friday..
Ha! as most of citizens are happy receiving the GST offset pakage and growth dividends on 30 Apr, 2morrow gonna be a good marketing day early the morning. But may see profit taking later of the day. Hence, shorting is the short term trading strategy. AK view only.
fri - non farm payroll . wait n see.
I concur with you, and hope that major correction will come, 25% negative for this year :)
cashiertan ( Date: 01-May-2008 09:17) Posted:
| i only some ppl are tulan when i said take profit on monday. well so far i am correct. major resistance are suppose to be respected..
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i only some ppl are tulan when i said take profit on monday. well so far i am correct. major resistance are suppose to be respected..
pray 2nite wall street don DUA LA SAI.. if not tml ho sei liao~~
Down :)
Next Mon rally, thats much depends on US announcement on Fri nite. 50/50 lah, but negligible, as most of the small investors were wounded last few weeks owing to high div syndrome's shares.
I expect the market to rally again on Monday.
AK perceives that as most of the coy last qtr results had come to at rest. And most of the coy's prices were dragged down greatly. Thats could be the attractive prices for BB to come in. The next wave would be Arabia propsed GIC to come into play leow, as one of our big brass went to visit Arab lately, and he stressed that Arab should invest in the blue chips in Spore. Ha ha.
Early this morning B4 9am, all the index stocks have very big married deals. Is this a sign of things to come? Volume usually leads price.
ozone2002 ( Date: 30-Apr-2008 09:14) Posted:
Anyone noticed why all the top20 vol consisted of mainly bluechip?
Dumping or accumulating? hmmm..very strange |
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