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STI to cross 3000 boosted by long-term investors
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iPunter
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16-Jun-2012 13:16
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To strategise one's play with the view to minimise potential losses in short positions,     one must make it a strict rule to enter short positions only at juicy juicy peaks.           But in practice, it is a human tendency to do the just the opposite,               which is to enthusiastically buy at the peaks, when feeling " bullish all over" ...                     That can't be avoided... that's what human nature is ... lol... ![]()
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lowchia
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16-Jun-2012 13:10
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In last week, STI gain a solid 73 points from the opening of 2738 and close higher at 2811. A white candle sticks with little upper lower shadow affirms that investors have no qualms on buying higher. Key Economics Data report: On Friday, a rare fight broke out between Germany and France as German Chancellor Angela Merkel criticized France’s economic performance, a swipe at Socialist President Francois Hollande, who has called for more emphasis on economic growth and less on budget austerity. The G-20 will meet in next week to discuss the new tensions between European leaders over the deepening euro zone crisis are likely to add to long-standing differences between rich and developing economies. Technical Analysis on STI STI index had broken the critical resistance at 2802 and investors buy on the bullishness of the Greek vote over the weekend. 1)  In weekly chart, a white candle sticks with little indicates bulls buy on the breakout of the 2802 resistance. 2)  The weekly trading volume rise slightly though majority remains sidelined. 3)  MACD and RSI indicators are bullish as RSI trend upwards. 4) STI is currently .............    READ MORE   |
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risktaker
Supreme |
16-Jun-2012 11:25
![]() Yells: "Sometimes you think you know, but in fact you dont" |
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Took all long my profits yesterday :) but short position in 5 digit losses.....
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hlfoo2010
Veteran |
16-Jun-2012 09:44
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T1 6 United States Furyk, Jim *    -1 F -1 70 69 139   T1 1 United States Woods, Tiger -1F  E  69 70 139   T1 1
United States    Toms, David |
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iPunter
Supreme |
16-Jun-2012 09:30
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Good morning, sifu bb...  ![]()
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tanglinboy
Elite |
16-Jun-2012 08:57
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Greece elections this weekend... scary.. | ||||
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blueberry
Member |
16-Jun-2012 06:28
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Good Morning , iPunter sifu! You are so early! | ||||
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iPunter
Supreme |
16-Jun-2012 06:09
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Expect it to plunge when people react and go long...      It's the same old story over and over... lol... ![]()
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JUNWEI9756
Supreme |
16-Jun-2012 05:39
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Well done DOW.. All my shorts got triggered.. Can long liao... lol | ||||
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New123
Elite |
15-Jun-2012 23:51
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nvm Greed or Red will give us opportunity to trade according to the trend on Mon.. | ||||
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Isolator
Supreme |
15-Jun-2012 23:23
![]() Yells: "STI is hard landing to below 2000..." |
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Tonight Dow will close very green...... And when most expect next week is a red week, markets as usual will show the unexpected...the green rally.... hmmm.... Enjoy... | ||||
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New123
Elite |
15-Jun-2012 23:15
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may be Red before closing.
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CrazGreed
Senior |
15-Jun-2012 22:42
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Green today with at least two digit SURE, but not sure after today | ||||
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iPunter
Supreme |
15-Jun-2012 22:02
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Maybe 3-digit rally...     But next week will be the real showtime...  ![]()
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teeth53
Supreme |
15-Jun-2012 22:00
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LONDON (Reuters) - Traders and investors are taking all bets off the table b4 this weekend's Greek elections, which may decide. Athens to stays in or out  of euro zone... More  »Investors seek shelter before Greek vote The repeat of last month's inconclusive Parliamentary election comes as European Union policymakers are struggling to prevent the crisis from spreading to Spain and Italy.
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monk999
Master |
15-Jun-2012 21:56
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3 digit red. lol
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Tomique
Master |
15-Jun-2012 21:54
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First half hour shows DOW up 55 points.   Tonight how green will it be? | ||||
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teeth53
Supreme |
15-Jun-2012 21:45
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http://money.cnn.com/2012/06/14/investing/greece/index.htm?iid=Lead Syriza, the radical left-wing party, came in 2nd in last election as voters skewed toward politicians who oppose more austerity. Syriza's leader, Alexis Tsipras, has threatened to renege on the terms of Greece's bailout, but he has also expressed a desire to remain in the euro currency union.
The election is being framed as a potential catalyst for Greece to exit the euro zone. But none of the main political parties is eager to see that happen, since returning to the drachma would have severe and unknowable consequences for Greece.
The Greek economy is in deep decline and analysts say Athens is in danger of running out of the money it needs to pay for basic necessities, such as fuel and medical supplies.
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teeth53
Supreme |
15-Jun-2012 21:32
![]() Yells: "don't learn through life, learn to grow with life " |
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" in event of a credit shock after Sunday's Greek election" ECB is preparing for a no govt to run greek, oni technically a temporary caretaker govt is looking after Greece. teeth53 after thot: Think, Greece election result is, there will be  no one party be able to form a govt and will continue to apply it dragging into mth of  July.??. It back to negotiating table, the biggest  - minority parties will hav the first chances to go for it.
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iPunter
Supreme |
15-Jun-2012 21:13
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European markets are shooting up like nobody's business...      A strong roaring bull market appears to be in the making...           The STI may follow the cue and very soon, we will find the crowds                   coming back to gather around broker office screens.                           The green bull-splat flies will come swarming back... ![]() |
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