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Han Seng is down 1.6%.. STI flat.. but came down after testing high
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I believe nobody will join me in this...LETS SHORT IT DOWN!....hahaha. I am expecting bad posting for this...hehehehe!!!
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Rotation play but big fishes....sshh....
maxcty ( Date: 29-Jul-2009 13:06) Posted:
any negative/positive news coming up regarding shipping counters?
ronleech ( Date: 29-Jul-2009 12:54) Posted:
| BTW...watch out ofr shipping and related counters..... |
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Ya ronleech, got tips fr shipping related counter...??
maxcty ( Date: 29-Jul-2009 13:06) Posted:
any negative/positive news coming up regarding shipping counters?
ronleech ( Date: 29-Jul-2009 12:54) Posted:
| BTW...watch out ofr shipping and related counters..... |
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thanks for sharing...hope you can get your counters at your aimed price. good luck buddy.. cheers
dealer0168 ( Date: 29-Jul-2009 12:44) Posted:
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Morning got some liao, now still aiming some other counter. May have luck to get at better price.
Today look very much a southern day for STI.
maxcty ( Date: 29-Jul-2009 12:42) Posted:
thanks for your advice. I have the same thought as well. you make some collection today too?
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any negative/positive news coming up regarding shipping counters?
ronleech ( Date: 29-Jul-2009 12:54) Posted:
| BTW...watch out ofr shipping and related counters..... |
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BTW...watch out ofr shipping and related counters.....
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I doubt...just common intra-day profit taking like the past week....dont panic and you should be able to come out unharmed...
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Morning got some liao, now still aiming some other counter. May have luck to get at better price.
Today look very much a southern day for STI.
maxcty ( Date: 29-Jul-2009 12:42) Posted:
thanks for your advice. I have the same thought as well. you make some collection today too?
dealer0168 ( Date: 29-Jul-2009 12:32) Posted:
| Afternoon, hold on the rest of the collection for afternoon section. Dow future is bleeding also..... |
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thanks for your advice. I have the same thought as well. you make some collection today too?
dealer0168 ( Date: 29-Jul-2009 12:32) Posted:
Afternoon, hold on the rest of the collection for afternoon section. Dow future is bleeding also......
maxcty ( Date: 29-Jul-2009 12:17) Posted:
| collection day?? your view STI head south somemore? actually i did collect some today. set some benchmark for some of my counters..hehe
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Afternoon, hold on the rest of the collection for afternoon section. Dow future is bleeding also......
maxcty ( Date: 29-Jul-2009 12:17) Posted:
collection day?? your view STI head south somemore? actually i did collect some today. set some benchmark for some of my counters..hehe
dealer0168 ( Date: 29-Jul-2009 12:06) Posted:
Today is collection day........ see which counter pricing look attractive ....pick some up. |
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You are quite right. But the period between mid-aug to May09 is a long way. If what Richtan has posted previously on an analysis by DMG is correct and STI is indeed in final wave 5 of wave (a) of wave A(intermediate?), then wave five is doing an extended wave. That could mean that the recent strong breaching of 2400, 2500, 2600 are only still part of minute wave a of (a) of intermediate A??? Any correction from here will not be major because we are still in an early part of a primary wave B. Calculation of wave B usually is 1/3 or 2/3 of primary wave A. 1/3 correction region has already been breached (around 2250), so that means wave B is going to be reaching towards 2/3 mark before we can judge what is coming. A ZigZag correction is already in the picture. 2/3 correction will take us to 3000-3100 region= above 61.8% fibonnaci retracement. And this will happen around mid september to end september. But all this depends whether the ZigZag will turn into a flat or expanded flat correction. If it does, then higher levels above where primary wave A started is possible and needs to be respected!
victorf ( Date: 29-Jul-2009 11:51) Posted:
still the same call.....do not hope for the "hype", "high", "hysteria" for 3800-3900 to be reached....only two possible outcomes and let the market prove it....good luck !
victorf ( Date: 28-Jul-2009 12:26) Posted:
2600 region reached....now the "million dollar" question is which one (possibility 1 or 2 happening ? ) after mid August 2009 - May 2010 ...let's wait for the market to make the decision in three weeks time as Market is always RIGHT !!!
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STI should move towards the 2500-2600 region by August (one should take profit for shares bought between last October 2008-March 2009)...after that, there are two possibilities:
i. STI may touch 3000 by next May 2010, and then down all the way to 1800 (best buy for the next bull cycle in year 2013/2014)
ii. STI may consolidate all the way down by breaking below support 2420 by next May 2010 all the way to 1800 (best buy for the next bull cycle in year 2013/2014)
Just my two cents and let the market be the judge |
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collection day?? your view STI head south somemore? actually i did collect some today. set some benchmark for some of my counters..hehe
dealer0168 ( Date: 29-Jul-2009 12:06) Posted:
Today is collection day........ see which counter pricing look attractive ....pick some up. |
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Today is collection day........ see which counter pricing look attractive ....pick some up.
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heading south..and south....no more rally run today liao...
mirage ( Date: 29-Jul-2009 11:57) Posted:
| STRAITS TIMES INDEX (SES:^STI) Delayed quote data |
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| Index Value: |
2,621.89 |
| Trade Time: |
11:40AM SGT |
| Change: |
2.15 (0.08%) |
| Prev Close: |
2,624.04 |
| Open: |
2,626.17 |
| Day's Range: |
2,617.00 - 2,642.79 |
| 52wk Range: |
1,455.47 - 2,960.92 |
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1d 5d 3m 6m 1y 2y 5y max
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Add ^STI to Portfolio Download Data |
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Thanks to global united economic stimulus package programmes... Hence, global V shape economic recovery is on its patch!!! Amithaba........
DnApeh ( Date: 28-Jul-2009 22:15) Posted:
| All time high was 3,906.16 on 10 OCT 2007. |
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| STRAITS TIMES INDEX (SES:^STI) Delayed quote data |
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| Index Value: |
2,621.89 |
| Trade Time: |
11:40AM SGT |
| Change: |
2.15 (0.08%) |
| Prev Close: |
2,624.04 |
| Open: |
2,626.17 |
| Day's Range: |
2,617.00 - 2,642.79 |
| 52wk Range: |
1,455.47 - 2,960.92 |
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1d 5d 3m 6m 1y 2y 5y max
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Add ^STI to Portfolio Download Data
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still the same call.....do not hope for the "hype", "high", "hysteria" for 3800-3900 to be reached....only two possible outcomes and let the market prove it....good luck !
victorf ( Date: 28-Jul-2009 12:26) Posted:
2600 region reached....now the "million dollar" question is which one (possibility 1 or 2 happening ? ) after mid August 2009 - May 2010 ...let's wait for the market to make the decision in three weeks time as Market is always RIGHT !!!
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STI should move towards the 2500-2600 region by August (one should take profit for shares bought between last October 2008-March 2009)...after that, there are two possibilities:
i. STI may touch 3000 by next May 2010, and then down all the way to 1800 (best buy for the next bull cycle in year 2013/2014)
ii. STI may consolidate all the way down by breaking below support 2420 by next May 2010 all the way to 1800 (best buy for the next bull cycle in year 2013/2014)
Just my two cents and let the market be the judge |
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dejavu?
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going down...profit taking....time for those who miss to load this morning....hope to see another bull run in afternoon..
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