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STXOSV looking positive this morning in top 20 volume after sleeping for many weeks...

 

 

Bullish on comfort.

But I will only go in after the earnings announcement. 

epliew      ( Date: 14-Feb-2011 08:50) Posted: just a question on comfort..... any hints to give ? BullishTempo      ( Date: 14-Feb-2011 08:02) Posted: Commodity and shipping counters will see a nice rebound today due to the easing of tension over the Suez canal which is under Egypt control. Counters I am looking at today. Noble, NoL, Cosco, Gar, Indofood If the rebound does not come, and the market stays flat and bearish. Then it is another sign that STI will be bearish in the near to mid term.

 

is it retreating now? GAR can buy?

 

wow gong li still looking good at this age ?

krisluke      ( Date: 14-Feb-2011 07:02) Posted: 14 feb, valentine day. ST index goes  UP ? ??

 

Ho Ho Ho ! Funds comung back leow !!! Reading ST column today, funds outflow situation seemed overdone...

 

im staying out.....think gain is temperal. i wait till its considered safe den i go play.

 

noble opened 2.18!

come on, let's go!

 

You missed all the good selling chances... 

cannotfind      ( Date: 14-Feb-2011 08:54) Posted: lucky... I just got back today! everything is sooooo down...

 

hey BT,

another interesting or good news on keppel oil rig deals.... any chance to board this ship ?  kep corp ?

BullishTempo      ( Date: 14-Feb-2011 08:47) Posted: And remember Asia markets are in correction, while US and European markets are enjoying their daily rallies. We don't need professional reports to know where all the money is going to.  BullishTempo      ( Date: 14-Feb-2011 08:45) Posted: I won't be worried if its only STI. But if Korea, Malaysia, Indonesia, Thailand, Hong Kong are all correcting at the same time. Then it is not something that is just pertaining to STI. Outflow of funds is from Asia, not just STI.  Anyway lets just enjoy the rebound today. And worry about the rest another day.

 

anyone got news about GEN?

 

lucky... I just got back today! everything is sooooo down...

 

ha ha..... read between the lines..... i have also seen an interesting shape....

iPunter      ( Date: 14-Feb-2011 08:49) Posted: Since you so smart, I blanja you tomato... hehehe.. icetomato      ( Date: 14-Feb-2011 08:32) Posted: it's like that one... haha. normal human reaction

 

just a question on comfort..... any hints to give ?

BullishTempo      ( Date: 14-Feb-2011 08:02) Posted: Commodity and shipping counters will see a nice rebound today due to the easing of tension over the Suez canal which is under Egypt control. Counters I am looking at today. Noble, NoL, Cosco, Gar, Indofood If the rebound does not come, and the market stays flat and bearish. Then it is another sign that STI will be bearish in the near to mid term.

 

Since you so smart, I blanja you tomato...

hehehe..

icetomato      ( Date: 14-Feb-2011 08:32) Posted: it's like that one... haha. normal human reaction. tiancai007      ( Date: 13-Feb-2011 23:12) Posted: Why is everyone leaving like STI is about to crash?

 

And remember Asia markets are in correction, while US and European markets are enjoying their daily rallies.

We don't need professional reports to know where all the money is going to. 

BullishTempo      ( Date: 14-Feb-2011 08:45) Posted: I won't be worried if its only STI. But if Korea, Malaysia, Indonesia, Thailand, Hong Kong are all correcting at the same time. Then it is not something that is just pertaining to STI. Outflow of funds is from Asia, not just STI.  Anyway lets just enjoy the rebound today. And worry about the rest another day.  icetomato      ( Date: 14-Feb-2011 08:32) Posted: it's like that one... haha. normal human reaction

 

I won't be worried if its only STI.

But if Korea, Malaysia, Indonesia, Thailand, Hong Kong are all correcting at the same time.

Then it is not something that is just pertaining to STI.

Outflow of funds is from Asia, not just STI. 

Anyway lets just enjoy the rebound today. And worry about the rest another day. 

icetomato      ( Date: 14-Feb-2011 08:32) Posted: it's like that one... haha. normal human reaction. tiancai007      ( Date: 13-Feb-2011 23:12) Posted: Why is everyone leaving like STI is about to crash?

 

it's like that one... haha. normal human reaction.

tiancai007      ( Date: 13-Feb-2011 23:12) Posted: Why is everyone leaving like STI is about to crash?

 

As for earnings play this week,

ComfortDelgro reporting after market close today, Monday.

STXOSV reporting before market open tomorrow, Tuesday.

NoL is also reporting this week. 

 

Commodity and shipping counters will see a nice rebound today due to the easing of tension over the Suez canal which is under Egypt control.

Counters I am looking at today.

Noble, NoL, Cosco, Gar, Indofood

If the rebound does not come, and the market stays flat and bearish. Then it is another sign that STI will be bearish in the near to mid term. 

 

Hi iPunter, Roti and guys!

What I meant was I would be spending more time on foreign markets, probably US market, and not so much on STI.

So I may not be so in tune with STI market after that. But I may come back, once Asia markets are in form again. But I can still post some market news which is relevant to STI.

For this week, we should see a nice rebound for STI, due to Egypt good news. We also see Hong Kong bouncing up a major support on Friday last week. 

Resistance for STI in the near term would be 3120, STI closed on Friday at 3077. So there is about 40 points upside. Remember also Budget Day is on 18th, and market could be bullish after that.

However be ready to close your long positions, if STI fail to break above 3120, or start to form a series of black candles at the top indicating a top formation and about to fall. 

The only reason why I choose to transfer my trading funds is because following the trail of the hot money is the easier way, rather than trading in a uncertain market or region, which is constantly besiege by worries of high inflation and continuous interest rate hikes which is theoretically bad for business.

I will still post here any news which I find relevant for STI.

So stick around guys! 

iPunter      ( Date: 14-Feb-2011 07:03) Posted: Re your question, since without BT here (he said he 'd be leaving this forum),     the place wouldn't be the same anymore, that made me feel somewhat despirited           and thus am also thinking of leaving too. I feel sad as I am sure many will love BT to stay too.                   And it is hard to find a good and understanding person like BT  to grace this forum.... Gaecia      ( Date: 14-Feb-2011 00:53) Posted: i'll b  going to my first playground, nyse again  come Mon/ Tue to  test out my  fishing skills on pm miners.  Had been  waiting for the ripe moment  aka  momentum, trust god  for guidance & protection. but uncle  ipunter...is there any particular reason why you will be gone from here?