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STI to cross 3000 boosted by long-term investors
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bennykusman
Veteran |
17-Oct-2009 00:59
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but DJ is bad tonite ler
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lookcc
Master |
17-Oct-2009 00:29
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sti trend still healthy. | ||||
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lookcc
Master |
17-Oct-2009 00:18
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y shud she b at all. | ||||
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lookcc
Master |
17-Oct-2009 00:16
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cw not d least bothered. | ||||
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iPunter
Supreme |
16-Oct-2009 15:29
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I don't understand why Cheongwee can get 2 bad posts rating... After all, as long as he/she can make a heavy bag of money/gold, that alone is proof of effectiveness... hehehe...  |
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DnApeh
Master |
16-Oct-2009 15:24
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if want to buy, please buy now. i finish buying already. 4pm may have short covering. |
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stupidfool
Senior |
16-Oct-2009 15:05
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If ppl bother to take time and effort to rate ur posting,that is an indication that he or she is reading ur posting. It is a compliment actually. |
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cheongwee
Elite |
16-Oct-2009 14:37
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And for rating on post...dont bother abt them, why? Because it is you who bother the rating..not the rating bother you... so if you dont bother abt the rating, the rating will never bother you... if that still cannot solve your unhappiness..then the only solution is to stop posting.. for if you dont post, where come rating??? hope all prosper , this rally,,,before the yr is out... and for those who rate other, make sure you rate yourself first.. .you lose $$$, becose you did not follow strict discipline, that is your unhappiness..right???i thk so. but you be happy soon...X'mas rally is here....... |
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Hulumas
Supreme |
16-Oct-2009 14:28
Yells: "INVEST but not TRADE please!" |
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Why, it seems you hope for it? Ha. ha.. ha...
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cheongwee
Elite |
16-Oct-2009 14:20
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Wait till u c juitian and china farm at 50c over, then u may collapse from " exhaustiongap" ,then you"hammer" your head before the "hangingman" come to hang you...till you swing between the bolinger range...then maybe a double "kar Chng" will finish you off... | ||||
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richtan
Supreme |
16-Oct-2009 12:26
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Read today's Straits Times "money" pg C19: "Still a lot of life in this bull mkt rally" |
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richtan
Supreme |
16-Oct-2009 11:53
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From AM Fraser: Another Another exciting earnings driven rally could be in store but index gains unlikely to match April to May 34% breakout from 1700 to2300 and July to early August 21% rally from 2200 to 2700. Being rather top-heavy in terms of index gains, up 88% from 1455 to2740 today, the market has not made a decisive breakout unlike the last 2 reporting periods which saw spectacular surges. Still the relatively minor breakout to new 2739.55 intra-day high today has met the lower end of 2740-60 interim objective and is a good indicator that the STI is on course to test 2900 target area by year-end or early 2010. Considering the tough 2700-2760 area which contains the last two support levels in early 2008 as well as the starting point of last year’s September crash (from 2763 high) the market has taken time to build a strong base around 2550-2650 in last 2 months with low at 2521 and high at 2707. The long wait to finally clear 2700 is worth it and coming so early in the current earnings season raises hopes for a test of year-end 2900-3000 target as early as by mid-Nov when the season ends. Besides acting as a historic hurdle (2892-2919) the 2900 area also marks the earlier starting point of the last leg of crash at end-July when STI stood at 2929 vs 2763 when crash accelerated in early Sept. Just like 2643 ie the half way mark between 3831 peak and 1455 bottom has seen the index see-sawing for several weeks up to this week, the Fibonacci 61.8% mark of 2923 could be as tough or even harder than 2643 to be finally surmounted. It may take 2 months or more of a higher consolidation base around 2650-2750 with downside/upside capped around 50 points before the breakout to 2900 takes place. By then it would be almost year-end, just nice for a pre-Xmas/ New Year rally. The modest 6.3% run-up from 2577 on Oct 5 to 2739.55 today should encourage sidelined players (seen from the lower turnovers amongindex heavyweights) to be more decisive when the usual minor 2-4% pullbacks take place during the next 3-4 weeks or later after theearnings season ends when there could be a short-lived lull in second half of Nov to early Dec before the year-end rally begins. |
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cyjjerry85
Elite |
16-Oct-2009 11:49
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the STI 2700 and DOW 10,000 marks are just psychological levels...need to see the real technical levels of support and resistance to be more accurate i often see the news reports ...those analysts ...whatever they say on the press ...it would often turn out opposite...i remembered recently when a brokerage firm (i think is UOB Kayhian) saying that the resistance will be at 2650 and they believe it will turn downwards 2400...but instead, almost instantly after...STI keeps climbing up and already reach past one year high 2700++ then today read newspapers report....this time saying all positive note...one mentioned that by end of this year will hit 3,000 level ...this is when i myself would probably be more cautious too these analysts like to say the opposite stuffs most of the time |
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ozone2002
Supreme |
16-Oct-2009 11:46
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2,700 support coming!.. if break gone case! |
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iPunter
Supreme |
16-Oct-2009 11:28
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Today I utang Uncle AK one Carlesberg first, ok?... hehehe...
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AK_Francis
Supreme |
16-Oct-2009 11:21
Yells: "Happy go lucky, cheers." |
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Ha ha, dear comrades, relax lah, jangan tension. Todie is TGIF liao. Glade to see Biosensors is moving on odd day???? He he, moving up one cts, got a mth supply of Carlsberg liao. Leaving desk for brk/lunch/carlsberg loh. Cheers. |
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Prophet
Member |
16-Oct-2009 10:58
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Its all just my piece of humble advise :) I advise u all to buy when i see an opportunity . But i am also advising you all when i see a downside .
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DnApeh
Master |
16-Oct-2009 10:45
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me buy dips | ||||
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ozone2002
Supreme |
16-Oct-2009 10:43
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i advocate sell on strength.. as always :) not the most popular person here.. |
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Prophet
Member |
16-Oct-2009 10:37
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Well . Its all about your money management . YOu rather gain 5 % or see your gain become NOthing or lost . Just depend on you yourself . Just my own analyse . YOu all hold all the decision making , I am just posting my thoughts :) I also wish to see it shoot up all the way . BUt i am just being realistic. I May be wrong and i wish you all are right . Its all your own decision :)
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