Third Phase..Credit cruching, expecting to see a few more Sub-Prime woes victims.
I am very patience, awaiting for those news
Sentiments rule....Gap up early in the morning on hope and optimism....subsequently.....down on profit taking and fears....sell on news once expectation is out?????
saw many Asian region doing side-trending on their indexes today while our STI just fall from the start...this morning received from CIMB, their technical analysis on STI saying a probable bottom out...used to look alot into these reports...now...need to think twice about it given fear shaking the market...
anybody who read the daily CIMB report have comments?
Dear Readers,
Today STI down a fraction of 0.37 instead of up by at least 44 points, it should be selling on strength, daily shorting strategy and sell first buy later at discounted price attitude to be blamed, beside market fear has not been totally rubbed out.............ha...ha...ha... Every body stop having the above, STI will automatically up and up........ha...ha...ha...
Yes, it's the usual excuses and fear factor again! Long weekend ahead, cut loses, sell on strength......lets see what's up tomorrow...maybe bad!
Not a good sign for STI, 10.45 onwards index gradually sliding downwards, signifying traders were unloading, win or loss. Now, STI already dropped below 30 gain as compared to 70+gain in the morning. Don't hope for good thing on the last trading day in this week. Keeping stocks over the long weekend is not viable. Guess DJ will not maintain the aggressive upward trend planted last nite.
Be vigillant, good luck. Cheers.
time to get out of the bear? it will be too late in sept... time to go in by jun?
Trade cautiously. The BULL may win, the BEAR may win. Sell into strength and stay on the sidelines first. This is my opinion only.
The Bulls killed the Bear Sterns yesterday as predicted. This should continue for a few days. If the market can absorb the selling into strengths, more upside expected for the next few days.
Goldman and Lehman didn't fall from the clift, heng heng already. Hence, there are still some lights shining on the other banks and finance related coys. So DJ can hold its breath for a while but eventually still kena suffocated. Good luck for all. Cheers.
Rallies with low volume are opportunities to unload...
Just do not forget all this is still very much around............??? Trade with care
Tell me how not to ..shiverrrrrrr...ahh or seeing some shakeout here.
A lot of selling into strength for sure. A lot of retail investors have been depressed for too long, and this is one rare opportunity for them to make a little or recover their losses. Trade with care!
the higher the indexes go..the more put warrants i collect..
sooner or later this market will break down!~!!!
just wait n see
Today STI will definitely surge, but whether it will sustain is still a question? This is not the first time Dow surge after Fed cut rates and this may only last for a while.
So, do trade with care...........
AK Francis,
Lehman Bro's 1st Qtr results announced last night already.
twice in one week...on both Wed that we see DOW surge up highest in 5 and half years...incredible...
seriously on the note of our friends on SJ....forecasts and prediction are of personal opinions sometimes and stated facts of the present macro-environment as found throughout financial websites...economists and analysts are many times wrong themselves....in this volatile market...its hard to be spot on....
while many hold on to positions, and are in the long holdings, it will not be pleasant hearing too much of bad news...however, it is just posted as accordingly to what was said by the economists and analysts
Time for BIG rebound after recent selldown....
DOW up 420! STI will follow. At least 100?
Some quite pesimistic in the market owing to more banking and insurance sectors financial crisis would surface after the rate cut. Lets watch out Lehman Brother annoouncement tonite. The so-called Domino syndrome may well apply to other coy as well, in time to come.