Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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louis001
Master |
21-Aug-2011 21:53
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It is best not to rely on charts alone...it only shows what happened yesterday or earlier...after 2 Aug ...S& P downgrade...Morgan Stanley says" world dangerously close to recession" . etc...all counters suffer the same downwards price movements...till now.  quote U.S. source :" There is not much difference in state of world economy and company status in one day or two, but the market can swing -5% to +4% within one-two day ...even solid company has good earnings...somebody must be behind all these price swing.."   news and events plus market players (BBs/Institutions..) are trigger for price movement.. but nobody know what's going to happen next and who is going to do what....  |
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warrenbegger
Elite |
21-Aug-2011 21:48
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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:( My books kanna ban again. LOL! |
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rotijai
Supreme |
21-Aug-2011 21:33
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sembmarine, sembcorp and kep showed this pattern.. i really doubt yzj, cosco n nol will show this pattern (as strong as the 3 above).. but well.. we will see this week :)
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JUNWEI9756
Supreme |
21-Aug-2011 21:22
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Yes i understand. Meaning to say more downside ahead for all counters.. SembMarine rebounded with high volume trading after that it weakens back. Not a good sign. Or is it only for Sembmarine ? SGX no query ? Keppel corp also not that bad yet.
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iPunter
Supreme |
21-Aug-2011 21:12
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If you scan through several charts, you will notice that most     have not formed the pattern which SembMarine has.             If you do not see what I mean, it is best you do not play.                     (Go and attend a charting course first)... ![]()
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JUNWEI9756
Supreme |
21-Aug-2011 20:44
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Good or bad ?
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iPunter
Supreme |
21-Aug-2011 20:14
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Chart readers may wish tot ake a look at SembMarine's chart for insight...       Many stocks are displaying a potentially similar pattern as this one,               though this one appears to havs already developed well ahead of others... ![]() |
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warrenbegger
Elite |
21-Aug-2011 20:07
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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What goes too high will dip a bit, what goes too low will rebound a bit. Short those sector that analysis keep bombing, that still havent reach it support. Long those sector that wellcome by market and govt, that still got BB(Big Elephant) supporting inside. U never know, whats next coming... |
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JUNWEI9756
Supreme |
21-Aug-2011 14:58
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U.S has strong backing.. Just that they dont show... Never lose confidence in anything except their currency :D
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JUNWEI9756
Supreme |
21-Aug-2011 14:50
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Thank you !!!
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stockmarketmind
Master |
21-Aug-2011 14:42
Yells: "stockmarketmindgames" |
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yeap. we chatted :) thanks! | ||||
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JUNWEI9756
Supreme |
21-Aug-2011 14:22
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Hi stockmarketmind, I have sent you an email. Did you receive ?
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bishan22
Elite |
21-Aug-2011 13:48
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US is aso NATO (No action, talk only). US Vice President Joe Biden said Sunday that the world's biggest economy would never default on its debts, during a visit aimed at boosting Chinese confidence in America's beleaguered finances. |
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stockmarketmind
Master |
21-Aug-2011 12:49
Yells: "stockmarketmindgames" |
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cant put it here. Its on my blog.
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iPunter
Supreme |
21-Aug-2011 12:22
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Last time still got normal " economic market cycles" to play...       and also got many super bailout packages to make people 'bullish all over'...               But nowadays, the world situation is something very different from before.                         It's very hard to play the market now...  ![]()
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rotijai
Supreme |
21-Aug-2011 11:45
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we had a weak bounce last week.. i think monday the support will be 2700.. BUT i hope u are right, i am  one happy boy  to see STI at 2650-2670 on monday :D
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timqoo
Senior |
21-Aug-2011 11:36
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if sti decides to go down from here.next 2720 -> 2670 -> 2650 and maybe weak bounce? if it decides to just rebound. next 2760 -> 2790 -> 2820? but i am biased on the downside on monday. |
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rotijai
Supreme |
21-Aug-2011 10:57
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lol? u didnt even give us ur email add or # !
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stockmarketmind
Master |
21-Aug-2011 10:47
Yells: "stockmarketmindgames" |
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Anyone interested in market outlook for next week? http://stockmarketmindgames.blogspot.com/2011/08/sti-market-outlook.html |
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rotijai
Supreme |
21-Aug-2011 10:31
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erm.. master ipunter i dont think so leh.. cause dj dropped less than wat most markets expect but i think it all depends on dj futures.. or any negative/positive news coming out this weekend
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