Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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JUNWEI9756
Supreme |
02-Jan-2012 21:40
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Sian lah new year... Business not very good.. lol.. die... maybe can open brothel hor ? LOL !  |
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alexchia01
Elite |
01-Jan-2012 22:44
![]() Yells: "Catch The Stars And Ride With Them" |
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My analysis on STI. Support: 2606 Resistance: 2683 More on my Blog at Alex Trades. Good luck. |
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idexde
Member |
01-Jan-2012 10:20
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In my humble opinion, MSCI which tracks STI may find strong support at around 299.6-300.2. Following a bullish divergence on 20th Dec 2011, there is a possibility forming a falling wedge reversal and initial tp at 317.6, please refer to the chart here. Goodluck to all and happy new year! | ||||
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lowchia
Veteran |
31-Dec-2011 21:26
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In last week, STI lost 30 points from the opening of 2676 and close higher at 2646. A black candle sticks with no upper/lower shadow indicates that investors have no hesitant in selling the stock lower. Key Economics Data report: In week ahead, December’s employment report will be the most important, but there are also critical December sales reports from chain stores and auto makers. An up first week in the US stock market usually indicates an up January. Since 1945, whenever the market has been up in January it has been up for the entire year, 88 percent of the time. Technical Analysis on STI STI index has re-test the support at 2643 for the 3rd consecutive week and close right at the support. 1)  In weekly chart, a black candle sticks with no upper/lower shadow affirms that investors has no qualms in selling the stocks lower. 2)  The weekly trading volume falls to one of the lowest level for past 3 years. 3)  MACD and RSI indicators are flat as RSI trend sideways. 4) STI is currently supported by the critical support at 2643 5) The support at 2643 is the critical gate which prevent the index from falling further. No bears would short the market as long as STI stays above 2643. Important resistance of STI: 2679 (Daily charts) Immediate Support of STI: 2643 (Daily charts) MY tactics: In 2011, STI has fallen ............... READ MORE     |
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stoheart72
Senior |
31-Dec-2011 20:55
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That is one way to describe Singaporean, but another way is that they are more logically cautious. Anyway wish everyone a happy new year, time to party. Cheers~
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POPOBAO
Member |
31-Dec-2011 17:51
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singaporean are coward.so the STI will fall all the way down | ||||
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tanglinboy
Elite |
31-Dec-2011 11:53
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6000 is a little extreme... I think it may drop below 10,000 
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louis001
Master |
31-Dec-2011 09:18
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BusinessTimes/ 2011 sees $130b bleed away from the market.. IN a year battered by financial instability in the eurozone, and social unrest, uprisings and natural calamities elsewhere, the Singapore market ended trading yesterday with a 15.4 per cent drop in value. NEW YORK (AP) -- The stock market ended a tumultuous year right where it started.  In the final tally, despite big climbs and falls, unexpected blows and surprising triumphs, all the hullabaloo proved for naught. On Friday, the Standard & Poor's 500 index closed at 1,257.60. That's exactly 0.04 point below where it started the year.  " If you fell asleep January 1 and woke up today, you'd think nothing had happened," says Jack Ablin, chief investment officer of Harris Private Bank. " But it's been up and down all year. It's been crazy." |
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xing78
Elite |
31-Dec-2011 01:47
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  Everything's gonna come crashing down big time after this short term rally into Jan 2012.  I am looking at Dow to hit 12,800 or so before a key reversal down all the way to the 6,000 mark which may takes a couple of years to play out fully. Make sure you are on the right side of the trade when things start to turn. :p     
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Hawkeye
Veteran |
30-Dec-2011 22:35
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Funds is out of Singapore. Retail investor fearful of New Year opening after News invited Analyst comments STI will drop another 20% to 30% next year. China Manufactoring PMI still in contraction. Low Volume signal also many investor holding on for long.  
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tiancai007
Master |
30-Dec-2011 17:38
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How come the BBs know the advance GDP??
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ILoveTehO
Member |
30-Dec-2011 17:26
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Agree , I thought had a chance on Tuesday when dow went up last friday. Now STI is at 2646 , looks like testing the major support soon at 2643 (I think) soon... 
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Gaecia
Elite |
30-Dec-2011 17:16
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there's a cluster of island reversal candles  on sti's chart... it cannot break 2680 after days of trying this week. |
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Gaecia
Elite |
30-Dec-2011 17:12
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wow... just wat the street cow is this?  Looks  more  like  bbs ran road already. I think... the upcoming  advance gdp  statistics isn't rosy. The opening today is somewhat telling. |
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Jackpot2010
Master |
30-Dec-2011 14:49
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Missing year-end rally could be a prelude to a bad year ahead 2012! | ||||
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Isolator
Supreme |
30-Dec-2011 14:43
![]() Yells: "STI is hard landing to below 2000..." |
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Bear in mind, there maybe a rally up and will last for days..... Can try only trading long..... lol | ||||
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Sgshares
Elite |
30-Dec-2011 14:31
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Maybe ready for a bigger drop starting next year? or giving more room for upside next year?  | ||||
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tiancai007
Master |
30-Dec-2011 14:00
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Why is the mkt down on the last day of trading of the yr?  | ||||
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monk999
Master |
30-Dec-2011 11:51
![]() Yells: "TA is an art!" |
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first quarter 2012...come come 2400! quick quick! dont play play anymore! happy new year!  ![]()
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Bon3260
Supreme |
30-Dec-2011 11:00
![]() Yells: "Ooo Ooo Aaa Aaa!" |
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I saw a huge Cow on e street juz now!!! ('',) |
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