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STI to cross 3000 boosted by long-term investors

tankuku
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05-Oct-2009 15:43

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Asia should be in deep shit now as so many disaster such as earthquick happen everywhere.

Economy recovery will be more or less affect by the natural disaster.

Be logical don't take the risk, more down side to come , better be save than sorry

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HLJHLJ
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05-Oct-2009 15:41

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Why? any new info that we do not know, like to share?

Anyway, sti rebounded in the afternoon. Looks ok to me. I'm accumulating.

DnApeh ( Date: 05-Oct-2009 12:31) Posted:

this time i dare not buy on dip.

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victorf
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05-Oct-2009 15:40

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do not rush into the market as the correction just started....typically it will take at least two weeks for the market to stabilize as broad based downtrend will lead to forced selling, margin call, etc. in the next 1-2 weeks...wait till the volume subsided or signs of key reversal point....good luck.

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kellychang
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05-Oct-2009 15:40

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impossible la....

maybe red 20pts...

i think only....

tankuku ( Date: 05-Oct-2009 15:37) Posted:

Predict that STI may drop more than 40 points when close.

Let wait and see la

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DnApeh
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05-Oct-2009 15:40

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I think no need to paiseh because people lose money is because they never put a stop-loss.

keepnosecrets ( Date: 05-Oct-2009 15:34) Posted:

Tell you the truth, Cheongwee is still reading this forum everyday. She just paiseh, cos she made $$$ and many lose $$$. So now she uses a different nick liao. Plse don't make her feel too bad. Don't ask abt her again.

DnApeh ( Date: 05-Oct-2009 15:30) Posted:

Hi, kelly.

Do you know where is cheongwee?

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des_khor
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05-Oct-2009 15:39

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See HSI in red now....intraday bear trap...

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tankuku
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05-Oct-2009 15:37

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Predict that STI may drop more than 40 points when close.

Let wait and see la

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keepnosecrets
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05-Oct-2009 15:34

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DnApeh ( Date: 05-Oct-2009 15:30) Posted:

Hi, kelly.

Do you know where is cheongwee?

kellychang ( Date: 05-Oct-2009 15:29) Posted:

who says?

but the fact is, we should really know, things cant always go up la.....

now is not gd time to buy yet leh....my fren still in HK, never ask me to buy..i dun buy, else lose money..

when i buy, i tell u ya.ok?

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bennykusman
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05-Oct-2009 15:34

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seems the Istanbul meeting is bringing good effect

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ozone2002
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05-Oct-2009 15:31

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commodity play.. very wise..

Prophet ( Date: 05-Oct-2009 15:14) Posted:

Noble Group and Wilmar are highly recommanded on my shopping list :-)

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DnApeh
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05-Oct-2009 15:30

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Hi, kelly.

Do you know where is cheongwee?

kellychang ( Date: 05-Oct-2009 15:29) Posted:

who says?

but the fact is, we should really know, things cant always go up la.....

now is not gd time to buy yet leh....my fren still in HK, never ask me to buy..i dun buy, else lose money..

when i buy, i tell u ya.ok?

Peg_li ( Date: 05-Oct-2009 15:23) Posted:

I think you are happiest one when STI falls despite most of people not happy.

now it's time to buy for you. right?

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kellychang
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05-Oct-2009 15:29

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who says?

but the fact is, we should really know, things cant always go up la.....

now is not gd time to buy yet leh....my fren still in HK, never ask me to buy..i dun buy, else lose money..

when i buy, i tell u ya.ok?

Peg_li ( Date: 05-Oct-2009 15:23) Posted:

I think you are happiest one when STI falls despite most of people not happy.

now it's time to buy for you. right?

kellychang ( Date: 05-Oct-2009 13:42) Posted:

My fren said sti will drop to 2200 or maybe 2300.....

then climb to 2800-2900....year end....

we c how ya....

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tankuku
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05-Oct-2009 15:24

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Do remember that STI had been rising to 2700 for the pass 5 months.

Don't you think this is the time for correction. Anything go up must come down eventaully. We must be realistic guy. The economy fundenmental has no change much (Bad) but the shares had move much ---- its is a real joke man.

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Peg_li
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05-Oct-2009 15:23

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I think you are happiest one when STI falls despite most of people not happy.

now it's time to buy for you. right?

kellychang ( Date: 05-Oct-2009 13:42) Posted:

My fren said sti will drop to 2200 or maybe 2300.....

then climb to 2800-2900....year end....

we c how ya....

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victorf
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05-Oct-2009 15:21

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28-Sep-2009 12:53

Straits Times Index / STI to cross 3000 boosted by long-term investors 4Go to Message

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Still the same call and no highsight as always (advanced call with no ambiguity). Remember "Market is always RIGHT!!!", not you or me.....

In August/Sept 2009, i made the following call

03-Sep-2009 19:29	Straits Times Index / STI to cross 3000 boosted by long-term investors 4Go to Message
x 0 x 0	Repeat in more precise language: Market will not touch 3000 in near term....though some stocks will still rally due to its low valuation. STI will consolidate all the way down by breaking below support 2420 by next May 2010 all the way to 1800 (best buy for the next bull cycle in year 2013/2014)

In April/May 2009, i made the following call

26-May-2009 13:38

Straits Times Index / STI to cross 3000 boosted by long-term investors 4Go to Message

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STI should move towards the 2500-2600 region by August (one should take profit for shares bought between last October 2008-March 2009)...after that, there are two possibilities:

i. STI may touch 3000 by next May 2010, and then down all the way to 1800 (best buy for the next bull cycle in year 2013/2014)

ii. STI may consolidate all the way down by breaking below support 2420 by next May 2010 all the way to 1800 (best buy for the next bull cycle in year 2013/2014)

Just my two cents and let the market be the judge

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tankuku
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05-Oct-2009 15:19

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Oversold occur because there is over brough afew month ago.

There is possibility of double dip recession as US is not out of recession yet.The slight economy improvement is due to the rescue package that works in the short term.

So do trade with cautius. I delieve CASH is king.

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soloman
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05-Oct-2009 15:18

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ALL SHORTS COVERING SOON

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Richman
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05-Oct-2009 15:17

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You are absolutely correct. It is time to load up more shares.

Prophet ( Date: 05-Oct-2009 15:14) Posted:

Noble Group and Wilmar are highly recommanded on my shopping list :-)

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Prophet
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05-Oct-2009 15:14

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Noble Group and Wilmar are highly recommanded on my shopping list :-)

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des_khor
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05-Oct-2009 15:13

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We can see HSI up more than 100 pts but can't sustain now fall back to red again....

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