a mixture of green & red...at least its not in a uniform colour of red which many expect as we r cautious of the FOMC and GDP from the US ahead of us tonight...surprisingly early morning STI quite flat...unlike past few days or like last week made up of penny stocks & China counters in the top volume...today is blue chips..a rotation it seems..
well...as many staying sideline before taking the cue from US tonight...very impt*...today we shld see a small volume like the past two days...hope to see the volume surge like last week...high volume past 3200 again soon next week
Morning trading is mostly red...Market is slowly turning more greenish on my screen.
Best stay sideline loh. Eve of hol and coming weekends not a good day for marketing. Go to beat traffic jam at Causeway and 2nd Link loh. Happy holiday to ALL.
yes thanks for bringing it to our attention...i think after China play last week...its time for Blue Chips...i see quite some of them CD/XD....as for one particular stock...Parkway...sudden surge in volume...this morning i think BB causing a temporary selldown...all of a sudden within minutes...shoot up
ozone2002 ( Date: 30-Apr-2008 09:14) Posted:
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Anyone noticed why all the top20 vol consisted of mainly bluechip?
Dumping or accumulating? hmmm..very strange
AK go urself loh...neva jio ..keke
AK today chow leow, as mentioned earlier, later got medical appt, kia see mah, since free one. PM go Gelang............................... eat bak kut teh lah, jangan tension.
Haha, let the bear COME
k, ur $$$$$.
With so many datas out, no wonder most investors sideline...wouldn't want to be caught wrong foot...
1st May......jobless claims, personal income, consumer spending, core pce price index n ism mfg index AND 2nd May.....nonfarm payrolls, unemployment rate n factory orders........these economic data influence dow, if negatv expect dow to plunge on our 2nd May n 3rd May respectively....our 2nd n 3rd May is the beginning of huge correction but, of course is beginning of rally......so negatv data = correction n positv data = rally.......imho former chances higher than latter's.
Minus , 1 May, nothing to be interest leow. Take care loh.
sti, hsi, nikkei may b on their journeys 2 major corrections starting 06-05-08.....just mayb.
Under current market condition it may not be wise to always wait for strong volume. This is what has happened not once but a few times. Some stocks have broken upper bollinger band but the next day it falls dramatically down.
When volume is low, start accumulating at different prices. If you wait for confirmed uptrend and strong voulme, you could be caught.
When you learn TA, it is not neccesary to always stick to what is being taught. You adapt and improvise. Just my opinion. Good luck!
Thus why, sian leow, out to take a break. Got bone in the neck problem, can't sit too long staring on the screen.
Today only window shopping.
slow moving traffic today for STI...many staying cautious ahead of US GDP & Fed rate cut decisions...investors staying sideline
Two hands and both legs up to agreed. As far as you can make profit over the markets, you are a wise guy, be it shorting or longing, he he.
Dear Victorf
I am still holding to my positions (cash & cpf) until May or June 2008 which in my own opinion should see the STI reaching 3500 (far fetched?). I do not have the luxury of time to monitor the screen at odd hours or every day and night. I have followed your readings of the market. Am I foolhardy not to sell in this present market to realise my profit? Your insight and comment will be very much appreciated.
Regards
max_lyl ( Date: 05-Apr-2008 08:15) Posted:
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No worry lah....even with bad news, market is moving up....illogical, who cares as long as sentiments improve....very worrying trend...
This week gonna be a jerky week, as US going to release breaking news day after day. Can't guaranty ALL are good news. Bad of Good, short term is the way leow. AK view.