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STI to cross 3000 boosted by long-term investors Post Reply Rate topic
numero05 Member	09-May-2011 10:53        numero05 About Contact  Quote this Post!
x 0   x 0  Alert Admin	09 May 2011 09:55 CST DJ MARKET TALK: STI Opens +1.0% After Singapore Elections 3150 Cap 0155 GMT [Dow Jones] Singapore's STI opens up 1% at 3130.09 after the ruling People's Action Party returns to power, though with an eroded share of votes, in the general elections held over the weekend. Above-expectations nonfarm payrolls data in the U.S. is also helping support the gains. " The price (was) creeping into the oversold territory...and a minor rally seemed to be due," says Phua Ming Weii of Phillip Capital. He notes the future course for the STI will depend on whether the index can sustain gains above the 3120 level. The resistance is tipped at 3150 and support at 3080. Genting Singapore (G13.SG) is the top gainer, up 2.9% at S$2.16 as government stability is likely to boost tourism. Neptune Orient Lines is up 2.7% at S$1.89 while Singapore Airlines (C6L.SG) is up 0.7% at S$14.48 on easing global crude oil prices. Cosco Corp. (F83.SG) is down 0.5% at S$2.18 after its 1Q earnings were below expectations. (gaurav.raghuvanshi@dowjones.com)
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numero05 Member	09-May-2011 10:50        numero05 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes - it is in black and white - reported by Straits Times etc... There are people out there who  run for office  - not for the money - but becos they believe in making a contribution and making a difference. Not for the 15k  or to make millions out of us. Sad to say - rare commodity nowadays - people who are not blinded or motivated by $$$$$! Too bad they didnt win. niuyear      ( Date: 09-May-2011 10:45) Posted: Giving half to needy? Sure?  . cathylmg      ( Date: 07-May-2011 00:05) Posted: Thats good new. Btw, is it for the whole term of 5 years or just 1 or maybe for the time being
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niuyear Supreme	09-May-2011 10:45        niuyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	Giving half to needy? Sure?  . cathylmg      ( Date: 07-May-2011 00:05) Posted: Thats good new. Btw, is it for the whole term of 5 years or just 1 or maybe for the time being? warrenbegger      ( Date: 06-May-2011 19:06) Posted: I heard The team of jurong NSP also donate part of their govt salary to the needs
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out-of-the-box Senior	09-May-2011 10:18        out-of-the-box About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, that's the stretagy to remain in absolute power just like Burma consider " change" but still not much different from previous as claim by the west " dictatorship"
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tanglinboy Elite	09-May-2011 10:18        tanglinboy About Contact  Quote this Post! Style: Combined   Mood: Yells: "hello!"
x 0   x 0  Alert Admin	Stock market happy with GE result!
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yummygd Supreme	09-May-2011 10:12        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	next election they have their new ciziten to come in n vote for them. they have let in over 1 mil of ft n PRs. soon these PRs will be able to get new citizenship. so they r secure la. Opp had their chance this year. put on a very good fight but no more. 5 years later unless whole of singapore vote for opp PAP will really win landslide. not cause of true blue Singapore but because of new citizen. Jackpot2010      ( Date: 09-May-2011 10:08) Posted: We are so lucky that PAP only lost 1 GRC (Aljunied) & gain 1 SMC (Potong Pasir). Come 2016 (next GE) PAP may lost more GRCs then STI will plunge sharply. So lesson learnt is -  clear the deck just before the 2016 election.
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Jackpot2010 Master	09-May-2011 10:08        Jackpot2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	We are so lucky that PAP only lost 1 GRC (Aljunied) & gain 1 SMC (Potong Pasir). Come 2016 (next GE) PAP may lost more GRCs then STI will plunge sharply. So lesson learnt is -  clear the deck just before the 2016 election.
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yummygd Supreme	09-May-2011 09:43        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	correction over? or dead cat bounce? some expert comment pls?
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TradeChancellor Veteran	09-May-2011 02:37        TradeChancellor About Contact  Quote this Post!
x 0   x 0  Alert Admin	i would want the opps to be in my GRC, but unfortunately, although i'm staying in the holland road ulu pandan area, i was carved into tanjong pagar
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cathylmg Elite	09-May-2011 00:51        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its obvious. Everybody wants opposition, but not in their constituency. Hahahahaha!   warrenbegger      ( Date: 07-May-2011 00:21) Posted: Thats i not sure, maybe if they got chance to win, someone will ask them again  :) cathylmg      ( Date: 07-May-2011 00:05) Posted: Thats good new. Btw, is it for the whole term of 5 years or just 1 or maybe for the time being
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tanglinboy Elite	08-May-2011 18:55        tanglinboy About Contact  Quote this Post! Style: Combined   Mood: Yells: "hello!"
x 0   x 0  Alert Admin	Market will rise tomorrow. GE is over and no surprises
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ckhpaul Member	08-May-2011 10:46        ckhpaul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi chia, Agreed with your TA analysis of support and resistance line. Indicators have mixed signals but with some possible rebound - candlestick - hammer. But I think investors should watch out for a stronger confirmation for entry. Note, since last Tuesday, Market already anticipated some selling of 3%. So Monday and Tuesday, is for the market to accept it as OK or break 3070 plus negative 3-4% correction.  For other view, read my blog: ckhpaul.blogspot.com
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lowchia Veteran	08-May-2011 01:37        lowchia About Contact  Quote this Post! Style: Technical   Mood:
x 1   x 0  Alert Admin	Technical Analysis on STI STI index has broke the critical support at 3120 though the selling pressure is still contained due to majority investors still sidelined. 1)  In weekly charts, a long black candle stick with lower shadow indicates that investors have no hesitant in selling down the stocks. 2)  The weekly trading volume falls due to majority of investors sidelined for GE results. 3)  MACD and RSI indicators are flat as RSI trend sideways. 4) STI is currently supported by the minor support at 3070. 5) The support turned resistance at 3120 is expected to be very strong and investors are likely to take profit when index approaches there. Important resistance of STI: 3120 (Daily charts) Immediate Support of STI: 3070 (Daily charts) MY tactics:  READ MORE
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warrenbegger Elite	07-May-2011 00:21        warrenbegger About Contact  Quote this Post!   Mood: Yells: "Anyhow Buy Anyhow Die ^_^"
x 0   x 1  Alert Admin	Thats i not sure, maybe if they got chance to win, someone will ask them again  :) cathylmg      ( Date: 07-May-2011 00:05) Posted: Thats good new. Btw, is it for the whole term of 5 years or just 1 or maybe for the time being? warrenbegger      ( Date: 06-May-2011 19:06) Posted: I heard The team of jurong NSP also donate part of their govt salary to the needs
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cathylmg Elite	07-May-2011 00:05        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thats good new. Btw, is it for the whole term of 5 years or just 1 or maybe for the time being? warrenbegger      ( Date: 06-May-2011 19:06) Posted: I heard The team of jurong NSP also donate part of their govt salary to the needs. cathylmg      ( Date: 06-May-2011 11:54) Posted: Thats a good start. Any other opposition going down the same lane
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rickyw Master	06-May-2011 22:37        rickyw About Contact  Quote this Post! Style: Combined   Mood: Yells: "keep happy..."
x 0   x 0  Alert Admin	ya lor...can u imagine index for US keep increase while all Asia drop...actually what happened? Funds is out from Asia!!! When US has correction then we all here die...cos we have already suffer from this correction and some more another correction..I think if govt increase rates it will help funds to in again cos SGD become cheap...wualau if 1SGD=1USD can you imagine how expensive nowadays stocks? This is my few only, base on my intermarket analysis...between currency, stocks and commodity..  Kensonic77      ( Date: 06-May-2011 22:27) Posted: He is not a new comer here. Do not be confused by a forumer. Peg_li      ( Date: 06-May-2011 22:14) Posted: Mr Isolator's 2900 point,  you belelive? don't listen to his nonsense. Now market is test everybody's patience, who has patience, who will be the winner finally
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Kensonic77 Veteran	06-May-2011 22:27        Kensonic77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	He is not a new comer here. Do not be confused by a forumer. Peg_li      ( Date: 06-May-2011 22:14) Posted: Mr Isolator's 2900 point,  you belelive? don't listen to his nonsense. Now market is test everybody's patience, who has patience, who will be the winner finally. rickyw      ( Date: 06-May-2011 22:11) Posted: but last election and on may, keep drop lei... I think Isolator is right, can kiss 2900 this May...if 3600 by end of year..that one I also believe..
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rickyw Master	06-May-2011 22:18        rickyw About Contact  Quote this Post! Style: Combined   Mood: Yells: "keep happy..."
x 0   x 0  Alert Admin	I meant really for short time, I also hold long position... Peg_li      ( Date: 06-May-2011 22:14) Posted: Mr Isolator's 2900 point,  you belelive? don't listen to his nonsense. Now market is test everybody's patience, who has patience, who will be the winner finally. rickyw      ( Date: 06-May-2011 22:11) Posted: but last election and on may, keep drop lei... I think Isolator is right, can kiss 2900 this May...if 3600 by end of year..that one I also believe..
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Peg_li Master	06-May-2011 22:14        Peg_li About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mr Isolator's 2900 point,  you belelive? don't listen to his nonsense. Now market is test everybody's patience, who has patience, who will be the winner finally. rickyw      ( Date: 06-May-2011 22:11) Posted: but last election and on may, keep drop lei... I think Isolator is right, can kiss 2900 this May...if 3600 by end of year..that one I also believe... Peg_li      ( Date: 06-May-2011 22:03) Posted: No, I don't think so. I still think STI can get 3600 at least this year. next year, 4000
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rickyw Master	06-May-2011 22:11        rickyw About Contact  Quote this Post! Style: Combined   Mood: Yells: "keep happy..."
x 0   x 0  Alert Admin	but last election and on may, keep drop lei... I think Isolator is right, can kiss 2900 this May...if 3600 by end of year..that one I also believe... Peg_li      ( Date: 06-May-2011 22:03) Posted: No, I don't think so. I still think STI can get 3600 at least this year. next year, 4000! rickyw      ( Date: 06-May-2011 21:28) Posted: Who still thinking next week STI will keep dropping?
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