Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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xing78
Elite |
18-Aug-2011 14:15
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Here's the DXY Chart to prove my point. But my point is this >   we will only see Dollar index making new lows when there are any hints of implementing QE3 from the FED statement (could be coming soon, catalyst could be S& P 500 breaching the 1000 mark).     I might be wrong though.     ![]() |
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JUNWEI9756
Supreme |
18-Aug-2011 14:08
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Remember one article i posted here ? Credit Suisse withdrew all their investments here. OCBC and City all kena.. Quite bad....  | ||||
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rotijai
Supreme |
18-Aug-2011 14:07
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like i said.. unless we see a break of 1180 or 1204 (for S& P).. if not most likely we will see the US markets sideway until any catalyst tat break the support/resistance.. everyone's waiting for the break of 1204 to reach the neckline at 1250-1260.. |
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Isolator
Supreme |
18-Aug-2011 14:05
![]() Yells: "STI is hard landing to below 2000..." |
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I saw Dow shoot up higher yesterday although it close lower.... But this change my mind.... Now I see a sideway ranging of a few hundred +-  for dow.... To me, Asia counters will have a technical rebound during this period..... Anyway, just my thoughts....
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xing78
Elite |
18-Aug-2011 13:59
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I do not agree, Why? Look at the charts of SPY and DXY (or UUP) which I have posted last night. They trade inverse to one another.  The dollar is due for a technical rebound anytime (there was an early indication last night when it gapped down on open and ramp un intra-day). The catalyst will be the Euro.  When that happens within these couple of days, markets in general should go lower (including Gold). :p 
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JUNWEI9756
Supreme |
18-Aug-2011 13:58
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Those who are really unsure of where to park your money. I would strongly recommend Singtel... And Haw par... Zai Zai counter... | ||||
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iPunter
Supreme |
18-Aug-2011 13:57
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In view of the fundamental sickness of the economies     these days, there's not much hope for big bull runs         or trend reversals to come into existence.                       If rallies due to positive news occur, they are                             blessings  to be relished with saliva-dripping delight ...  ![]()
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rotijai
Supreme |
18-Aug-2011 13:54
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no leh.. dont leh i just covered all my shorts.. come up one more time to give more juicy peaks pls ? :P anyway.. only 5 days after the market dropping like sheet? :P
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iPunter
Supreme |
18-Aug-2011 13:52
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The market has not been dropping like sheet for a long time... ![]()     |
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Isolator
Supreme |
18-Aug-2011 13:51
![]() Yells: "STI is hard landing to below 2000..." |
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I have only take Noble to long for now..... But do not follow me..... | ||||
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artng25
Senior |
18-Aug-2011 13:51
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And in your own opinion what may the counters be ? Thanks | ||||
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Isolator
Supreme |
18-Aug-2011 13:50
![]() Yells: "STI is hard landing to below 2000..." |
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Markets especially the dow has just stablise this week..... It will be sideway for awhile.... Those counters that did not break the windows of rebound will have a  strong technical  rebound.....
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xing78
Elite |
18-Aug-2011 13:47
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Critical support for STI now is 2820. If this fails to hold this today, it should be going down fast to 2600 in my opinion. Trade with caution.   |
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parimas8
Member |
18-Aug-2011 13:31
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how do you see genting-sp? concur with me its a bear trap?
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parimas8
Member |
18-Aug-2011 13:24
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Genting SP ?    Went up  quite a fair bit  amid low  volume... ?
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stockmarketmind
Master |
18-Aug-2011 13:20
Yells: "stockmarketmindgames" |
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It's  http://stockmarketmindgames.blogspot.com/ If you have the time, you can start reading from last year's post, you will find a lot of secrets! 
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xing78
Elite |
18-Aug-2011 13:16
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My view is >   For those Counters that will have technical rebound should have done so on last Friday. Example: STXOSV, Olam, GAR just to name a few that had a 10% pop-up from the lows made last week after the recent earnings announcement.    For those Counters that are still sitting at the 52 weeks lows as of Today, they most probably will be there for good.   We would have 3 months to reload our  ammunition  (profits off short-selling) to get ready for the next round of Great Singapore Sale which could be a couple of weeks before X'Mas in my opinion.    Trade with caution especially if you want to go long at this point. Good Luck to everyone :p 
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iPunter
Supreme |
18-Aug-2011 13:06
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Sifu is good...     Good to visit your blog to learn your                   " gao jian" (wise views of the market)                               Can you kindly post the link again?... ![]() |
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stockmarketmind
Master |
18-Aug-2011 12:28
Yells: "stockmarketmindgames" |
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Hi Sir, I  don't  predict. If you read my blog, most of the time, I am correct, I seldom go wrong. There are many post where I said breakout it will breakout and many times i caught the low and the high. Everything is down there for view. Predict is like gambling and I cant be right all the time right?? I hate predict! I do it with facts! The facts was BB is already putting out shorts, of course the market has to come down. 
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JUNWEI9756
Supreme |
18-Aug-2011 12:21
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Maybe STI following DOW's pattern last night ??  |
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