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Today's trading volume is very large at 3.6 billion shares. Liquidity in the market is definitely improving and that's good news for traders!
Monday "BULL" again....left a 1-2 two good weeks to trade when uncertainty will step in then...good luck :)
China stocks are the more likely ones with potential to become blue chips as I mentioned in my previous posts.
As predicted last week, market indeed headed higher today. A mistake if you had sold on strength 2 weeks ago
Did that, done that.
I am sure some of you have mentioned about learning TA at terraseeds in the past. I just attended one at terraseeds (
www.terraseeds.com) and found it reallly useful. I recommend it. It beats reading a thick TA book and after one day you could still be stuck at Chapter 1. I just applied what I learnt on one of my stocks and it works!
TA is a useful skill to find even for a value investor like me.
Hi Jackjames,
You are "nearer the mark" selling when market crash first hit you then selling too early. At most you lose one day.
Hi, victorf.
Can you please explain your last post?
I value your opinion highly.
Thanks.
Hopefully when STI cross 4,000. This forum is still relevent and around.
When time is good, every counters earning big bucks...I am slowly unload most of my counters, and waiting for another big crash...
LOL....
Good morning to all SJ forumers,
See last two posting below.........and three (3) very good reasons. It hit (S31-money page) Straits Times Saturday Sept 29, 2007.
1st) Frenzy buying hit SGX on China listed stocks
2nd) Penny stocks, China plays hog trading as 3rd Q closes (Windows dress up)
3rd) China plays surge on talk of Beijing easing fund rules
1st) Due to a US investment bank Merrill Lynch report on a China fund that allowed to buy overseas-listed shares of firms which get at least 50% of their revenues in China and PrimePartners China index reached 280.05 points, a gain of 6.4%.
Thus reason for nos-2nd) and 3rd) penny stocks a ride up.....ChinaEsave finish on a strong note, so is some other stocks.
Home work 1st. Invest some at your own risk & not an inducement to speculate.
| Index Value: |
3,706.23 |
| Trade Time: |
Sep 28 |
| Change: |
 8.54 (0.23%) |
| Prev Close: |
3,714.77 |
| Open: |
3,714.61 |
| Day's Range: |
3,679.59 - 3,726.53 |
| 52wk Range: |
2,550.39 - 3,723.32 |
|
STI to test STI - 4000......??. The possiblilities is within reach over next two to three mths, along the way, expecting a volatile trading with a drop like 100 points is also possible. The climb is quite steep and fast in itself just B4 and after Sept07 attracting speculative players big and small.
|
Some trading today has China listed stocks in SES lifted into +ve territories, some penny stocks has also benefited too, still after hitting a high. It STI index goes into profit taking...My tot say index will continue to test new high for this coming week.
| STI 3,706.23 8.54 (0.23%) |
 |
(volume has improve)...to 3.103.3 million share done
once the moon with a teeth is out, you can ignore...once it is gone, you have to be careful...good luck :)
listen to the market....not listen to your heart or brain...good luck and have a nice weekend
Not likely to move up much more because pregnant. Indian father.
Should probably close at about same level as yesterday or slightly lower.
Think market is going to head higher. Let's see.
Today china stocks in play!
Dear Newmoon,
Can you enlighten me about the note on STI breadth? And I heard that we are in the Elliot wave 5, which means we are at the end of the bull run. Can you pls shed some light on me? Thank you.
