historical chart only makes up 50% of the reasons (that is why traders still lose money even if they have all the strong powerful historical chart tools)...you need more than that...good luck :)
are u looking on past historical charts?
i repeat our call again...market will try higher high till 14th/21st April....buy on dip...good luck trading :)
MARKET IS ALWAYS RIGHT!!!!
| 28-Jan-2008 12:00 | Straits Times Index / STI to cross 3000 boosted by long-term investors |
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market will be back to certainty from 1st February till 14th/21st April....it will move higher high (see now at around 3050)...buy on dip and good luck trading :)...Market is always RIGHT :) |
ha ha ha very correct teeth53, singapore weather is sickning.
Something like this.......
Weather Singapore, SGP
- Light Showers, 27°
-
Sunday

27° / 24°
-
Monday

30° / 24°
-
Tuesday

30° / 25°
-
Wednesday

31° / 24°
-
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.
Ya, the Venerable STI..... :))
DOW performance is up....., think STI will remain very venerable and very volatile
OIL is down...-2.79 by 3.04% to $88.96
Meanwhile in China China warns worst not over in weather crisisAFP - Saturday, February 2
But hundreds of thousands of travellers, if not millions, continued to pack transport hubs as the country entered the peak holiday travel stretch from Saturday to Wednesday
"The government said 180 mil people were expected to make trips home to be with their families for the holiday in what is thought to be the largest annual human migration in the world.
Weeks of heavy snow and icy conditions have caused 7.5 billion dollars in damage, killed at least 60 people and affected at least 105 million of the country's 1.3 billion people, according to official figures.
The frigid conditions have caused widespread power outages, crimped distribution of coal -- the country's main energy source -- and driven up food prices in many areas.
Now Dow up STI also down. Don't have to talk about Dow down.....
The value of the yesterday was higher than Tues & Wed
| Friday | Thursday | ||||
| ST Index | 2,963.77 | -17.98 | 2,981.75 | -18.28 | |
| Volume | 667.2M | 1,659.8M | |||
| Value | $826.0M | $2,311.5M | |||
| Gainers / Losers | 246 / 270 | 270 / 445 | |||
STI already numbs with DJ, now seems like HSI is calling the shot, BT said. Its true China also got part to play, as the snow rain had caused choitic in the daily life of six of the central major provinces. What next, sure many investors will reconsider whether they still want to take the risk to invest in China or not. Though most of the investment coy are cater along the seaside's provinces but they are affected as well as most of the raw materials were come from inland regions. Ju think Ju chiak luck, sigh.
It looks like there's a lot of uncertainty.
Yeah Sti is so weak now, US up but we're down thanks to China issues.
So if US drop again tonight then its gg for STI on monday again ....
We can only say: May the force be with us.
But we all know the truth that it would never be.

Yesterday I posted that the CNBC economists are going to speak positively last night and that the DOW will regain the lost yesterday. So u see, it is not the fundamentals that drives the market rather it is how they packaged their directions. Sometimes I wonder if they are under the payroll of say perhaps Warren Buffet, Sorros, ..etc. In conclusion, one must see what is their next move. This would not have happen if Asia decouple from the US. My 2cents worth.
Currently i see no stocks to buy from current STI conditions thou DOW has risen for more than 7 days..
the better one will short the rally as currently we are in down trend. Shorting is something i am not competent enough for my to short confidently, hence i did not trade recently after my Biosensor trades. i believe nickng should teach us more abt art of shorting.. lol
looking at the region...we r poised for some optimism...last night's DOW indeed went up by a great margin...the selldown at the very last moment is a natural profit-taking and fear in the Americans still...however they will need to settle in on the news and make sure it is confirm a reversal that they rest their hearts in peace and buy up not selldown
i have doubts abt yesterday rally in DOW. would suggest sell on rally as google result not up to expectation and dow has some heavy volume selldown at the last hour.
trade sti with care today
Barton's asia stock charts; Usually bullish but has recently turned bearish although the bear market started in oct 2007
STI could fall to 2800 and then 2600 and could even reach 2200.
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