Straits Times Index   

STI to cross 3000 boosted by long-term investors

aiy...so many different resistance level...3150, 3200, 3275...3300...hahah` also abit confused now by the markets...

this morning looking at DOW in the green...maybe due to reverse psychology recent markets we will be red leh? hahah` crazy markets la...anyway looking at the region now...its quite red..

Nikkei is negative more than 1% now..Korea...etc well gotta see how HSI perform later...one affects the other

 

The next resistance is 3300, can STI overcome 3300 ? --- in a week's time!

 

this morning the newspapers Money section reported in a column (titled "STI at 3-month high but mood is cagey") that there is a note of caution ...with overall volume falling to 1.68billion shares worth of $2.08billion from shares worth $2.08 billion from Wed's 1.99billion shares worth $2.6 billion

 

Ya,i think it is a step in the right direction.

max_lyl      ( Date: 03-Apr-2008 17:38) Posted: Dear Stupidfool (again no offense)   Saw a message in CNN this morning that China wants to have a healthy development for its stock market. Something interesting to look forward to. Positive impact for China stocks listed here?

 

cashiertan, thks for sharing, good to hear from you again.Medical centre?? either you are medic or patient, hey! look after your patient or have a good rest if you are sick. well enjoy your reservist especially with this horrible weather.

Asia mkt  don't seem to hack-care US anymore liao for time being...just my 2cents....hehe good luck

 

85, the CDP buy in time is 11.30am's price cum 2 bits higher on T+4.

 

Dear Stupidfool (again no offense)

 

Saw a message in CNN this morning that China wants to have a healthy development for its stock market. Something interesting to look forward to. Positive impact for China stocks listed here?   

 

3200 is the main point of resistance. currently we are at a level of resistance zone. take some profit if any.

 

posting from reservist medical centre.. lol

 

today rally break past 3150 need to be accompanied with volume...yesterday was 1.9billion ...we shall see for today's closing volume..hopefully it will be substantial

 

Shanghai index falling but some China stock listed here are cheap compared to those listed on Shanghai market. Valuations are different 

 

struggling with the thought of dunno whether to offload some of the shares to lock in profits or not...looking at 24 & 25 Jan...it also broke 3150...and the later date even closed above it..however after the week is heavy selldown...

like to ask for opinions on Singapore Exchange buying back for those who naked shorting...i heard its the 11+am - noon period and they buy 2 bids up...could it possibly be short covering? any comments?

 

STI  INDEX BROKE 3150 .....



hope can sustain till closing and uptrend is coming..... high high higher,,,,,,.... hahaha

 

No lah...just agree with Livermore that there are some china counters which have good value.

But not for trading or speculating but for holding.

max_lyl      ( Date: 02-Apr-2008 23:03) Posted: Dear Stupidfool (no offence), the Shanghai Stock Index as at today has fallen 45.33 percent from its high of 6124 (some people may be jumping down somewhere in Shanghai Jinmau Tower) as at today closing(almost all the way down daily for quite some time). It seems that you are bullish on china stocks from now onwards?

 

STI no vol today.. push up the price lei..so i can offload more..

this week slew of US economic data..trade with caution unless u George Bush fren keke

 

Sleepy day ahead?

 

there isn't a follow suit of rally after the big cheong up from DOW...it was noted in the news that the DOW spurred up so high without a high volume...

currently still dunno how STI will react to the situation...will we remain cautious today ahead of the crucial jobs data or will greed overcome us in being optimistic that the worst is over?

on a personal view, despite many bad news recently that the market is giving but yet the DOW went up...those news have nothing much to do in the hearts of Americans (in terms of psychological connection)...however the jobs data will be something looked upon on because jobs is something that they are very much in need now...the psychological connection is there...so probably this time round the up or down will be rational tying up with the jobs data

 

Same thinking as now DJ didn't follow suit yesterday gain. Hence, be vigilant, esp take a look at DJ performance tomorrow before 0845hrs and make your decision on subsequent activities. Cheers.

 

STI to start green, almost every stocks is green tomorro morning, then end on profit taking.

 

Dear Stupidfool (no offence), the Shanghai Stock Index as at today has fallen 45.33 percent from its high of 6124 (some people may be jumping down somewhere in Shanghai Jinmau Tower) as at today closing(almost all the way down daily for quite some time). It seems that you are bullish on china stocks from now onwards?    

 

thks tanglingboy, hopefully ........