Straits Times Index   

STI to cross 3000 boosted by long-term investors

Due to technical glitch.  So look at price of individual counter rather than STI.

 

I am still not sure this rebound is for real because up volumes are too low.

 

Poems is showing wrong STI value. SJ also. What's happening???

 

The Dow's 3-Month Chart  (Click to see)
To all appearances, this chart suggests that an uptrend may be in the making...
But don't bet your shirt and pants, like anything else in the mortal world,  nothing is 'surefire'... 

 

9:27am:  Even if the credit crunch passes without a major catastrophe, the prices of stocks, bonds and real estate have a long way to fall. (more)

 

Panic traders sure will fled on tomorrow as T+3 due.

Good luck.

 

Sigh...even Europe close in straights red....

Sep 5 12:32pm?	Change	%Change	Level
	FTSE 100	-106.10	-1.66%	6,270.70
	XETRA-DAX	-133.74	-1.73%	7,588.03
	CAC 40	-121.17	-2.14%	5,551.55

 

 

Pension, have you gone out of your mind? Below 3000 pts from today's closing is 400 over points! Like that no need to pension liao. Unless tomorrow the mkt crash, if not I bet with my last dollar definitely not 400 pts drop...hehehe!

My take is tomorrow STI's drop will not be sinificant, as STI these sessions seemed to have decoupled from DOW. I am not surprise STI closes in the +ve. Let's see the event unfold tomorrow! Cheers.

 

Sorry, wrong thread.

 

If that happens, I will buy the bank stocks.

I think 3250.

 

Although the Dow looks scary tonight when view day by day, the chart of the last few days, especially yesterday, shows a probability of further rise later, maybe tomorrow.

Today's fall could be triggered by the moon's last quarter phase...with a


(one should neither be bearish nor bullish for the sake of being 'headstrong'...rather, one should just follow the chart's dictates with a defensively flexible approach)... 

 

What this sign board said...Danger: Steep drop ahead, anyone driving a vehicle ?.

 

I think tommorrow STI will dip below 3000 pts. I think many BB will short the below counter because it surge very high recently.

cosco, all banks, Stx, chip eng seng, lian beng, midas, delong, biosensor, adv holding. 

 

STI 2morro a sea of red liao! counting how much one is lossing, cut lost or payup?_?.

 

 DOW is red and still going down strongly, this day very volatile and volume getting thin. Now should know what is sell into strength and retain some cash in hand...Ya !!..

DOW -188.02 13,260.84 -1.40%

NASDAQ -24.23 2,606.01 -0.92%

S & P 500 -20.93 1,468.49 -1.41%

 

Rate Cuts Far From Certain.

Fed rate cut? Don't bank on it

Investors betting a Fed rate cut is a lock could end up getting badly burned.

 

FED chief may 1 2 setup a special vehicle to mop up bad loan and allow insitutional to pickup those good, bad and ugly loan.by prime puming more $$$ and may setup a trading board base band to guide the DOW index with the main aim to stablize and with some ensuring word for the the mkt, in order not to... not to un-settle more then neccessary in it requirement, sort of like those IPO BBs who is flush with $$$ to stablize those un-settle mortgagers loan...hmm.the hidden hands.

 

look like fed had to act because they promise to do so. previously they cut the wrong rate, they should cut the rate that benefit the public so all the problem will be resolve.

 

DOW drop more >-150 point again...

DOW -153.55 13,295.31 -1.14%

NASDAQ -19.35 2,610.89 -0.74%

S & P 500 -17.74 1,471.68 -1.19%