Straits Times Index   

STI to cross 3000 boosted by long-term investors

I should say that despite the minimal fed rate cut of 0.25%, US market will still have plenty of room to rally up up till Jan next year. Should see the effect in Singapore as well.

 

oh gosh, my paper profit for today no more... it seem market is expecting 0.5% rate cut.. not just 0.25%

 

No... that is my personal style, but my style is largely dictated by 'Genie'...
'Genie' teaches far more significant things than technical analysis, which is but one facet of trading.

It teaches an overall strategy under all circumstances...

 

Hi Mani,

Is it Genie's strategy that you have to sell Noble tomorrow?

Cheers.

 

Hi mani,

I'm still around. Will be going off only next week.  

 

 

Good for you, Mani!

 

Bought @1.93 three weeks ago... will ride a bit more than dump...
in other words, will 'squeeze a little more juice' out first... hehehe  

 

Did the genie catch Noble Group's reversal and strong rebound:)?

 

PS.. that quote is taken from :-
Tutorial 7: titled: "When To Trade - Indicators"
of the "Genie Tutorials".

 

I quote from "Stock Market Genie"...

"The  two MA cross-over system still suffer from the same problem as the basic MA approach. They both give too many signals and do not tell you when you should not be in the market. To some extent, one way to address this is to use three moving averages...
...we mention the three MA system more for interest sake than anything else. In our experience, there are better indicators to use than moving averages."

There are many other indicators such as Bollinger Bands, etc, etc, which are clearly explained in the Genie Tutorials in an understandable manner. All 'must-have' stuff for a trader!!!...



 

 

This might be useful for TA people. It is from Professor Chan Yan Chong from issue 320 of Shares Investment

"Using the moving averages to predict short term movements has always been my favourite, with the 2 day and 19 day moving averages as the most accurate. I would like to thank my friend for experimenting with this. He found put that the 2 day and 19 day moving averages have been the most consistent in predicting the upturns and downturns in the stock market over a 4 year period. On a longer term chart, the 2 week and 19 week moving averages are also the most effective" 

 

Today, the STI did quite well with the +35 pts gain...

Perhaps it will soar when Singaporegal returns?...

 

The market is on holiday

 

It appears to be a 'nibbling' market, where there's not much selling but a lopt of nibbling at the goodies... hope the funds help do more nibbling, then progress to gulping ... 

 

I think likewise...

Since FED will cut the rate, regardless of 0.25 or 0.5 points, it is still good news, so I think is time to vest before the actual annoucement tonight.

 

i just want sti to break the current high. than we see how it goes.

 

becareful, may down in the afternoon (kena twice before). FED cut rate no longer fresh news liao - only whether it would cut 1/4 or 1/2.

BB(mostly) expect 1/2 cut, if doesn't meet their requirement - senarios will be

no cut - can't imagine how the market will react - sure die

1/4 cut - may maintain/slightly uptrend (high possibility)

1/2 cut - cheong lah....( can dream a bit lah)

 

 

lol.. well said.. k.. got it.. cheers..

 

seriously i dunnoe, if anyone can tell u that 100%, either he has inside info or he is so good that he will be those u heard can make 1k become 1million in 3 mths. lol.