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If STI manage to climb above 3637.18 on coming days, then the rebound is considered as successful and get ready for rally.
Vice versa, prepare for new lower low.
Wa... you are such a bearish cashier at this moment ... but I agree... hehehe...
err, time to prepare for selldown of sti tomolo or tuesday. divergence in us indexes spotted prepare to seel down ard 300-400 points to find support..
Sorry, no intention to discuss politics here, just expressing my view in the importance EDUCATION. Cheers!
Mani, I am with you!
If education is not important, way back in the 1970s the Singapore Government will not stress on it. They have the foresight, thanks to LKY and his team that they strongly believe that in order for a country to walk out of poverty, the people have to be educated. They targeted the young in those days and 40 years on, we became a developed country from a red dot with no natural resources.
In stock mkt, the theory applies. We have to be educated and learn how the $$ change hands in the mkt. Then we can take advantage of it along the way.
no worry. swf will save usa
Recession postponed.
Interest rate on properties will be frozen for 7 years -sy harding
Quote on paper money;
Voltaire said in 1729 that the intrinsic value of paper money is eventually zero.
Don't under-estimate my lau peng you Mani.
He lives to trade, whereas most of us trade to live..... :))
suitable for theorist doesnt mean it is all theory. genie got theory got pratical advice, but more of theory or logical advices
suitable for theorist from what i trying to point out is that it is lots of reading. which i dun like. lol
fwah, this thread suddenly comes alive *pyrotechnics* haha. yeps cashiertan, we all have different methods of learning. i'm building up and refining my strategies, as you so rightly pointed out. :)
monday sti shd be up in morning but i'd expect some retracement soon as those who bought in will likely cash out.
the china stocks are shooting through the roof. last 15 min movement. >~<
Lausk22... :) ... my dear intellectual penyou... :)
Obviously you have not bought the "Stock Market Genie" package yet... you must get it soon...
To me, it's such a pity that you have the impression that I am just a theorist...
This is lamentable indeed... and I am very sad about it (Cashier also thinks I am a simple theorist).
I have been recommending this particular Stock Market Education package heartily and ardently and without hesitation to those who just play the market with no knowledge other than an ardent and compelling desire to make money quickly. It is intended in particular for this group.
Contrary to being a just good knowledgeable theorist after owning the package, if one gets the repeated message in the teachings and put their hearts and soul into living them, it would be unthinkable that one will lose money in the stock market at all!
Thus, how can one say that's being just a theorist? Indeed, it's just the opposite!...ie. it' so practical ! ...
STI now covered only the top 30 companies and I felt that it is not a reliable index to measure the market sentiment. Companies that don't do well had been taken away to make STI appear to go only North.
DOW dip more than 100 points from high of today.
with nos saying this, i think will add extra confidence, however i dun like what i see in dow's movement, what took 7 weeks to dip should take much longer 7 weeks to climb up. expect violent downward movement when the market retraced.
I believe that STI has bottommed around 3,300 and is starting another leg upwards. STI may set a new record.
Another Mr Greenspan in the making, till this job is pass to yet another greenspan. It is going to be volatile in nature with oil price hitting almost US $100/-. Now dipping below.
Oil dips below $90 a barrel
10:16am: Comments from Fed Chairman hinting at interest-rate cut at next meeting spark broad buying on Wall Street. (more)
Income, spending gains slow10:00am: Both income and spending by individuals a bit weaker than expected in October, while inflation measure hits mark, which could give Fed green light on rate cuts. (
more)
Mr Mani,
My dear trading genie,
When are granting your haopengyao 3 lucky wishes on making monies?
It would be more concrete than just propounding theories
...:)
Cashier... Your straight-talking, matter-of-fact style is good... and I quite like it too... :)
I am still in the process of printing out all the bonus items in the "Master Trader" package, which is quite a chore really, but I will definitely do it.
Like I said before, I collect books and courses as a hobby and also to gain insight from the perspectives of different individuals. So I will definitely be acquiring the products as I go along. Time is limited, so I will proceed in my own pace... hehehe...
And don't feel bad to continue expressing your views like you are doing now... it is good exchange...
Crude Oil below $90, DOW futures at 133 GREEN. Can we see STI hitting 3600 on Monday? I hope so, may there be some hope for Christmas since it is near...25 days away...lol
ok, time to get back to main topic.
got some STI put warrant near closing, will cut lost if dun go as planned.
also, got some counters which looks good for breakout soon.
howver i just enter less than 25% of capital as i need to confirm the rise is not just a counter trend but a true reversal.
