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Selamat Tahun Baru China depada adik-adik semua.
tomorrow only half day trading, let see if STI can hold above 3000
we shld still be able to hang on for some time above the support of 3000
STI dropped 22 pts todate, heng heng already. For those who unble to download at good price for stocks bought yesterday, they may hope to perform the last burst of fire by emptying them before noon today or around 4pm by looking at the Euro market. Tomorrow half day trade confirm very low players.
Ha, no trading for me since morning, just observe leow. I will going back to kampong tomorrow morning, comming back most likely by end of Feb. But still can trade on line in Msia. Cheers.
The CNY Rally is here to stay. Forget about all the US Economists talks, it is all orchestrated. The best thing for Asian market is to ignore them and they will join us. The West got so much news everyday, it is a question whether Buffet or Sorros want to play it down or up. We have seen too much of this acting. For those worried, it is clear that the West will maintain volatilty thoughtout the year 2008 but nothing serious due to US elections and China Olympics. 2 cents worth.
it took the lead from HSI to crossover 3000, now with DOW landed on south, unless HSI can continue to CNY rally, STI most likely move between 2900 and 3000.
DOW closed negative, STI may follow... let's see whether STI is strong enough to resist it.
Careful folks. Seems something is fishy, but just cautious before you enjoy the CNY. Cheers.
Thank you Bro Victorf, bought China Hongx at 61c on friday and sold it today at 65c.
Just be damn careful these next 1.5 days of trading... low vol, high volatility. Even Monday's trading was somewhat tricky... pushed up all the way to 3100... then plunge 23 pts to 3077 in last hr of trading.
Keep ang pow money where they belong.... in the pocket!
I remember bro victorf said when the new moon with a teeth and now especially with a cashier $sign come into sight, it is time to look positively into a buy in the stock market.
Sell into strength.......just like YZJ BBs.....
| teeth53 | Posted: 03-Feb-2008 |
| This coming wk for STI....not going anywhere, esp w/this coldest, rainie CNY and with the shares px all down, any good news will also turn into sell into strength. |
Thanks victorf. Love to see your crystal ball sometime.... 
we do not think here and think there but explicitly state the stand and take action (no "if" here and "if" there)...and let the MARKET prove it...good luck trading :)
As I said earlier, Banks retreated in the late afernoon as well. How tomorrow ST stock will perform, it much depend on DJ tonite. EU so far rated fair gain since 1600hrs. HSI contributed quite a fair share of the uptrend today. Tomorrow is going to be a turbulance day for Asian Stocks, disregarding DJ tonite performance, as CNY long weekends, China and Japan snow storm also affect the investors mood in trading next few days.
If you want to play safe, just leave the market for holiday. Cheers.
STI has a heavy resistance at todays high. it is a point which if it cant break will make sti goes down again. however i doubt it will break this week as volume is low. even break also cannot trust.
Do you guys think that STI is going uptrend?
Keppel Corp and SGX had been seen taking profits in the late morning. Henceforth, look out for the banks. If they can sustain today, but they definitely diminish tomorrow. Cheers.
Wow, most of the blue chips going up really high today
but trade with care as profit taking can be any time soon
ceratinty is back in the market and market will move higer high (though not in a straight line), hence buy on dip....as usual (again and again), we will let the Market prove it (not plain talk or post)...good luck :)