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STI to cross 3000 boosted by long-term investors
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iPunter
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21-Mar-2012 16:53
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Many 'lau lans' (old people) used binoculars to view prices on the boards at the stock exchange every day.
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settowin
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21-Mar-2012 16:51
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If not mistaken nearly 4,000 points.
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settowin
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21-Mar-2012 16:49
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I think it was in the nineteen nineties, before market collapsed after Mahatir declare SGX's  CLOB listings  illegal.  Can't really remember too well as many years already, was quite young then, and used to see people using teletex to play shares. 
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moneycow
Master |
21-Mar-2012 16:43
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Any idea what was the HIGHEST ever sti index and when was it ? :) | ||||
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settowin
Veteran |
21-Mar-2012 16:42
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Hey, choi choi choi. Real one. You will note your screen shows you nick but not your user name.  Someone who happen to sit at your desk can see the postings but not knowing it was you, eg. monk999, hahaha.
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monk999
Master |
21-Mar-2012 16:38
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sure? real one or invisible one?   LOL. 
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settowin
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21-Mar-2012 16:34
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My friend used my computer to say that, hahaha, no TPL style, but my friend did not know my nick until the posting appers, LOL.
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monk999
Master |
21-Mar-2012 16:31
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you say 4000..and you ask if 4000 possible? lol. 
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settowin
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21-Mar-2012 16:24
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Hah? 4,000? Are your sure? Impossible. | ||||
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settowin
Veteran |
21-Mar-2012 16:22
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Can't even rule out that the next high will be 4K, man.
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alooloo
Veteran |
21-Mar-2012 16:13
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hard to imagine it went to 3800+ before... How to blow such a big bubble? |
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monk999
Master |
21-Mar-2012 16:11
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charts dont lie. its a trap for bulls only.   most sti components are in red. all they need is to make jardine red and we will see below 3000 again :P 
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settowin
Veteran |
21-Mar-2012 16:06
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Your charts wrong.  Advisable throw away lah, hahaha.  STI refused to relent and moves up again above the 3000 this moment.  Next moment I keep secret, hahahaha.
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iPunter
Supreme |
21-Mar-2012 16:02
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Sifu is right...     Whether one 'reads' charts or 'foretell by fundamentals',  no one can tell the trend.             If one thinks the trend is up, or down, just place your own bets, but for heaven's sake,           don't tell others that " the trend is up" or " the trend is down" (as if they can tell).                           Pity the stock newbies especially, because they will believe and trust fully... ![]()
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monk999
Master |
21-Mar-2012 13:56
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depends on what timeframe you trade. as for me id wait for around 13000-13062 and see if it bullish candlesticks from there before deciding to go long for a quick trade. the last three day candles are bearish so if it goes up id prefer to short around price level 13231-13292.  
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james87
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21-Mar-2012 13:49
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Shall see. Do u think it will rebound tml since Dow future is green so far...maybe can do a quick trade. 
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monk999
Master |
21-Mar-2012 13:47
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we may see 2974 today. 
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james87
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21-Mar-2012 13:43
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STI still sustaining ...the resistance quite strong at 2990. Waiting for further correction to pick up some counters. | ||||
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hpong5
Master |
21-Mar-2012 13:26
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HSI plunging. | ||||
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hpong5
Master |
21-Mar-2012 12:54
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Short oil and gas pennies man. | ||||
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