Straits Times Index   

STI to cross 3000 boosted by long-term investors

Oh no.. 25% reversal support 12183.68 for dow was broke.. downside risk is increasing.. run! run! run! 

Do Not 'long' on monday!

 

DOW rally 2 days and down strongly for 3rd day

STI rally strongly 3 days - prepared to pay back strongly on MONDAY and TUESDAY

 

 

Really a sign of 'Sucker' Rally...............

 

The Dow is currently down 1.4% , Nasdaq down 1.43% and S & P 1.69%

Its seems that There will be blood on Monday............

 

Now is a time to pick stocks with long term potential. It is still not too late. I don't know if there is another chance to get at such attractive prices

 

Eldarchen, sorry for the ambiguous statement.  It is about if Dow fail to close above 12809.29 for coming days.

If tonight Dow close with red, yet can't say it is bear, but the chance for its reversal is then definately below 25%.  Further confirmation is needed to say its 50% reversal.

 

eh u mean if dow fail to close in green tonight then its bad or if it dont close above 12809 ?

 

If DOW tonight closing with green (must), reversal is then under the way.  And the next is to identify the DOW's bullishness (by making 'long' will be more easier to profit when in such a state) , DOW have to break thru 12809.29 (+430.68 more from yesterday closing).

Please take note also for this, if DOW failed to do so (decimal place figure have to take into account as well), then too bad, must run as fast as you can and please don't look back.. (by making 'short' will be more easier to profit when in such state)

 

I hope so too. The worry is that if the "sick" bear recovers, it is not just stronger but crazier.

 

hopefully the sick bear will not recover...hahahaha

 

My understanding is that Mr Bear went to see a doctor to get a few days of MC but was warded to hospital under observation by the "specialist"......Cheers!

 

may get some profittaking soon .overbought based on hourly.

 

yes.....the news was published after STI closed.  no?

Luckily it is not affecting Dow (yesterday) and STI today

 

I read some comments from a few experts on past bear markets... how in the course of a prolong bear market, there would have a few counter rallies in between. The experts called such rallies "suckers rally"... just wonder whether this week rally is one of the so-called "suckers rally".

 

 

Mike the news was out yesterday liao ......

 

 

Risk Mismanagement
Rogue Trader Costs Bank Billions
Societe Generale unveils an employee's $7.2 billion fraud, and a $3 billion subprime write-down.

Luckily, it is not affecting the stock market that much......

 

hmm... wondering wat's de bad news u r referring to??

Care to share..

 

one bad news after another one....tak boleh tahan......

 

Look like DOW is about not far away from it to do its 50% reversal .

paperless Senior	Posted: 24-Jan-2008 14:48
x 0 x 0 * Alert Admin	If Dow able to climb above 12441.85 and closing with green tonight, 50% for its reversal is confirmed.