Straits Times Index   

STI to cross 3000 boosted by long-term investors

think today surged way too high...slow & steady should be the way to climb up gradually...

as what Singaporegal had mentioned...the rally is not supported by volume...indeed it looked very weak in volumes today 

 

LESSON NUMBER 1 IN THE STOCK MARKET;

         THE MARKET IS BIGGER , STRONGER AND BADDER THAN YOU. ALWAYS RESPECT IT FOR THE BEAST IT IS.
 

 

See today - the large increases in index is not supported by large volumes. 

This is not a sustainable rally. Better to be cautious. 

ozone2002      ( Date: 24-Mar-2008 14:31) Posted: why no big swings in trading today ... sign that market is recovering? sub prime BS is over?

 

saw the newspapers today that has a comment that says STI might trend between 2800-2950 this week...currently it is in the region of 2900...like not much space to move up as compared to if it is at 2800...seems quite high today...and not much big swings as noticed by Ozone2002

 

why no big swings in trading today ...

sign that market is recovering? sub prime BS is over?

 

Hi fivestar:  If democrats keep fighting, think republicans may have an easier time winning.  

fivestar      ( Date: 24-Mar-2008 02:41) Posted: With Mr. Ma Yingjiu selected as Taiwan president, Tanwan stock market will rocket up Monday. As it also relieves the Taiwan straits tension and regional peace is more secured in next few years, we shall see a good response on local markets. USA president election is near too and more likely democratic party will win. So personally I am quite optimistic in long term. Bottom is near too.

 

i guess it will still take a while for the mkt to settle down and look for real value. hopefully funds will return soon to mkt ...

 

 

I thought mkt today was better than last week where shortists enjoyed the fun. 

 

Dear Tanglinboy,

 

Generally speaking, it indicates pre BULLISH sign, I think.

tanglinboy      ( Date: 24-Mar-2008 09:34) Posted: Volume very thin

 

This market made me moody.......

logout now.

 

ZZzzzzz

cyjjerry85      ( Date: 24-Mar-2008 10:02) Posted: clueless market today

 

clueless market today

 

Volume very thin

 

With Mr. Ma Yingjiu selected as Taiwan president, Tanwan stock market will rocket up Monday. As it also relieves the Taiwan straits tension and regional peace is more secured in next few years, we shall see a good response on local markets.

USA president election is near too and more likely democratic party will win.

So personally I am quite optimistic in long term. Bottom is near too.

 

let's not linger on this topic any longer as the more we talk about it...the lower the spirits are and seen some regulars are leaving Sharejunction forum gradually...

we shall get back to the topic on the stocks market....so for a "re-start" on this forum topic...

anyone with views that it will be another black candle day whereby people profit-take like what we have seen for the past week (after DOW went up few hundred points)...or will we see some confidence injected with people buying up as there are more recent reports of a bottom being reached  

 

53 ak is 51, well said. Lets maintain the spirit. Cheers.

 

Is true. This SJ forum is more civil, that why i am still here to share with others.

 

Yes, I noted they exiled themselves voluntarily too. They started quite friendly with each other chatting here, then suddenly for some reasons sparks became explosive firework.  Of course, people are free to come and go. But to go in an acrimonious manner is rather bad.

 

Are you referring to the infamous incident mid last year on SJ?

All the parties involved seems to have gone on self-imposed exile liao.

 

lausk22      ( Date: 23-Mar-2008 14:48) Posted: Disagreement is common in any discussions. It is ok, if we remain civil. when I first posted, people were more cordial and agreed to disagree. then suddenly, there was this posted incident where one party sued another for libel over each other's postings. now there are more belligerent postings. look like the rot has set into this place.

 

Quite true - SJ is still relatively civil compared to others.

However, from my spectator's view point since I first posted, the rot has certainly creeped in. sigh..........