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STI to cross 3000 boosted by long-term investors
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wangerism
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07-Mar-2012 11:45
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where is he anyways? he is our bear indicator...if he doest come out to speak in this forum means bull still rules the rally. lol
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moneycow
Master |
07-Mar-2012 11:44
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The bigger you are the harder you fall. The ,longer you takes to get back up...: :) |
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moneycow
Master |
07-Mar-2012 11:39
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Morning action was a knee jerkaction in general. But indeed. No real reason for world stocks to fall. Its all psychological. So when after a while ppl realized....that the selling down was psychological fear that might not really exist......big pocket scope the stocks up when it fell big steps..then slowly more realized the same....ppl starts to buy baclk what they sold..some at higher some at lower... Than market recover (sti) quite suprizingly. when DOW was down 3 digit at closed. But then closed result cannot tell the after sentiment or later positive news that could add a bit of braveness and hope to the market opeining after. The effect when market open, given the super red DOW was a normal thing . In happens in the past many times..it will happen over and over again. PPL whom were able to calm their nerves when seeing the selling..and hold...won't loose out. On the contrary, ppl whom panic and thought this is it - dump - gone case. Its part and parcel of day trading. The post reaction, the actual reaction and the after reaction........ You win some you loose some...then you find your profit broke even - no more.......ex-loosers get back their lost earlier..etc etc.. Its like a zero sum game...now you loose later you win a bit back. Others whom lost some , make some back.....even off... than the game gegan again.........and it goes in cycle.. Only 3% out of 100% actually make money from the stock market. 97% are on the loosing side...now or later...or in future.. Thats my thought and observation... I might be wrong..but to certain percent not totally :) |
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yummygd
Supreme |
07-Mar-2012 11:36
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hmmm hsi paring losses. short seller covering back??
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settowin
Veteran |
07-Mar-2012 11:18
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Isolator used to chant " 2400 and coming..." , maybe one day in the future (near or far) he might be correct. But meantime I think many bbs are still bullish except some professionals like Iso are thinking of crashing the market, so bear and bull will fight it out, and either of them will use their weapons fiercely.
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yummygd
Supreme |
07-Mar-2012 11:12
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i feel like i forgotten something.... to do with Greece....hmmm like judgement day is coming in one two days right
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louis001
Master |
07-Mar-2012 11:11
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when it was 26xx...people thought it was dying and going down hill.... now STI at 29xx level ...it is not a dead cat.... definitely worth looking at those beating down stocks, buying on dips???..it's up to you..
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steadylar
Veteran |
07-Mar-2012 11:10
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Dow futures now green, but watch out bcos VIX went up to close at 20.8 last nite. | ||||
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settowin
Veteran |
07-Mar-2012 10:45
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Very hard to tell. But if DOW really aimed upwards, then last nite's performance could prepare the market for a stronger rally to come since it has shaken off many weak holders in the past few days. Need to see gold and silver prices recover since the metals and stocks now move in tandem more closely. Anyhow guess, lah, lol. | ||||
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SupremeA
Veteran |
07-Mar-2012 10:37
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May be manipulation. Anyway, downside risk is real. Look at current charts and compare to the pre-Depression charts.
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tiancai007
Master |
07-Mar-2012 10:36
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Is this a dead cat rebound or buying on dips?
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louis001
Master |
07-Mar-2012 09:20
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sti this little brother has grown up already and not so afraid of the big brother dow movement nowadays...and because dow dropped so much last night, people think tonight it will recover back...or is it ? |
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bishan22
Elite |
07-Mar-2012 09:16
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STI bouncing back a bit........ | ||||
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SupremeA
Veteran |
07-Mar-2012 09:12
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x 0
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Nikkei leading the way down. | ||||
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louis001
Master |
07-Mar-2012 08:57
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The Dow Jones industrials fell 204 points to 12,759 Tuesday as investors revived worries about rising oil prices and the European debt crisis. Stocks suffered their biggest point drop of the year — causing some to worry that it's just the beginning of an unwinding of some lofty price gains over the past five months. A 200-point move by the Dow is nothing unusual, yet it does stand out amid the market's eerie tranquility and steady march higher this year. The Dow had gone 45 trading days without a single triple-digit point loss, the longest streak since November 2006. |
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tanglinboy
Elite |
07-Mar-2012 07:52
Yells: "hello!" |
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Blood bath in US last night with dow dropping 200 points. I think STI maybe drop another 40 points today! |
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JUNWEI9756
Supreme |
07-Mar-2012 05:09
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At USA now... Going attend 3rd generation iPad launch :P Made a call with Stinktel CEO.... She say the next generation iPad is named iPad 2s.. Not iPad 3... lol.. So......... I am shorting AAPL :P Only few minor change.. LCD SIRI and CAMERA... Processor i don't think got change... lol .... BYE ! SHORT AAPL ! HUAT AH ! |
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gavinl
Elite |
07-Mar-2012 00:52
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No wonder Temasek sells shares away. It can see how the markets going to slump. |
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xing78
Elite |
07-Mar-2012 00:50
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Forget 1 more important item in his speech, China is also going to cut down it's budget deficit by 1.5% to 2.0% if I recall correctly.
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xing78
Elite |
07-Mar-2012 00:42
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That was just pure luck. The catalyst for the last 2 days drop is China. Premier 温 家 宝 make some important speech, the main concern is over GDP growth target lowered down from 8% to 7.5%. This has hit the commodities related plays and precious metal price real hard. Watch out for companies that have significant exposure in China, they will continue to fall for the coming weeks till the sell volume gets lighter. My next daily support level for STI will be at 2880. Good Luck :p
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