Straits Times Index   

STI to cross 3000 boosted by long-term investors

Due to US sub-prime aftermath, most Americans fear the country's economy will decline beginning of next yr. Henceforth, there is no strong sentiment to support DJ. The ocassionally rise in DJ is merely just a mirrage, it won't last to make an upward trend. Spore is too rely on US for export, hence Spore STI will follow suit on DJ. My guess is that STI will drop below 1200 by end of Dec 07 holiday period.

The moral of the storry is to leave the market now and go for a break till beginning of next yr. Nonetheless all my dear friends, you still can login to take a look on the market trend and subsequently share with us your views on bussiness and your like. Cheers, best regards.

 

 

First day of sell off. more to come!!

Any rebound is a chance to exit.

 

it did rebound from the lows...

 

Small STI rebound in next 15 - 20 mins.

 

Yes, the market goes lower because people are frightened of losing money... ie. fear.

But when the fear will end is hard to tell...

 

breeding more fear..

get ready ur treasure trove.. to go in the market...

bargain hunting will commence when dow goes to 12700

 

last 1-2 weeks of uncertainty left...conserve money and ready for next round of certainty...will make my call soon as said before...good luck :)

 

It true that coming weeks will be quite volatile.

But I see a few counters still able to make some quick bucks by keeping track of RSI signs to buy and let go when sharp spike on the graph.

So far made enough for my car installment doing that. But do take care.... dont quote me though....

 

Just sharing my tot.... STI closed ST Index    Last:3411.72   Vol:1,645.4 mil    -29.24

teeth53	Posted: 17-Nov-2007 19:52
	Expecting another week of mkt woes.... (<<<like this one). 12-Nov-2007 19:39 Straits Times Index   /   STI to cross 3000 boosted by long-term investors   Look like mkt real is bad, realy mkt poor sentiments just for today regional index is sold down.

 

Market volumes are decreasing everyday.... sianz.... 

 

2007-11-19 08:00 ET  [BRIEFING.COM] S&P futures vs fair value: -8.5. Nasdaq futures vs fair value: -9.3.  Futures point to a lower open.  A fourth quarter earnings warning from home improvement retailer Lowe's (LOW), Goldman Sachs downgrading Citigroup (C) to sell from neutral, and concerns about an unwinding of the yen carry trade are among the main influences this morning that have driven the bearish bias. Also, there is a Wall Street Journal report that says Chinese regulators have quietly ordered China's commercial banks to freeze lending through the end of the year. In M&A news, Celgene (CELG) is going to acquire Pharmion (PHRM) for $2.9 billion, SABMiller has offered $1.2 billion to acquire Grolsch, and TomTom has reportedly offered $4.2 billion for TeleAtlas. 

 

If DOW hit below 12778.2 within coming few days, run and don't look back!

 

Sell, if tomorrow Low hit below 3405.86 

 

Oops I am wrong on market direction.......

 

Game is over.  Further dip is ahead.

 

paperless Member	Posted: 18-Nov-2007 20:16
x 0 x 0 * Alert Admin	Beware of STI might dip further if tomorrow: 1) Closed below 3440.96 and vol is less than 1820.6M Or 2) The Low hit below 3405.86 and vol is less than 1820.6M

 

can anyone tell me why STI drop so much today (19th Nov) when DJ future is up 20????

 

yes.. hopefully tomorrow will be brighter.... now on a buying mode.. accumulating.. buy on dip...

 

All in all, quite a disappointing day. When Dow is down, STI is down. When Dow is up, STI is also down.

I hope tomorrow will be a brighter day.

 

Low vol may also due to school EOY holidays with many parents away from Spore.

 

I hope there is a last minute rebound to above 3434. Hopefully what we see now is merely a consolidation rather than a slow slide downwards...