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STI to cross 3000 boosted by long-term investors
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ozone2002
Supreme |
29-Jul-2009 13:38
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Han Seng is down 1.6%.. STI flat.. but came down after testing high | |||||||||||||||||||||||||
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idesa168
Elite |
29-Jul-2009 13:22
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I believe nobody will join me in this...LETS SHORT IT DOWN!....hahaha. I am expecting bad posting for this...hehehehe!!! | |||||||||||||||||||||||||
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ronleech
Master |
29-Jul-2009 13:19
Yells: "Believe in yourself. Ride with the waves......" |
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Rotation play but big fishes....sshh....
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dealer0168
Elite |
29-Jul-2009 13:19
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Ya ronleech, got tips fr shipping related counter...??
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maxcty
Master |
29-Jul-2009 13:07
Yells: "always a learning day for me in trading" |
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thanks for sharing...hope you can get your counters at your aimed price. good luck buddy.. cheers
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maxcty
Master |
29-Jul-2009 13:06
Yells: "always a learning day for me in trading" |
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any negative/positive news coming up regarding shipping counters?
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ronleech
Master |
29-Jul-2009 12:54
Yells: "Believe in yourself. Ride with the waves......" |
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BTW...watch out ofr shipping and related counters..... | |||||||||||||||||||||||||
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ronleech
Master |
29-Jul-2009 12:53
Yells: "Believe in yourself. Ride with the waves......" |
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I doubt...just common intra-day profit taking like the past week....dont panic and you should be able to come out unharmed... | |||||||||||||||||||||||||
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dealer0168
Elite |
29-Jul-2009 12:44
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Morning got some liao, now still aiming some other counter. May have luck to get at better price. Today look very much a southern day for STI.
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maxcty
Master |
29-Jul-2009 12:42
Yells: "always a learning day for me in trading" |
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thanks for your advice. I have the same thought as well. you make some collection today too?
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dealer0168
Elite |
29-Jul-2009 12:32
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Afternoon, hold on the rest of the collection for afternoon section. Dow future is bleeding also......
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boyikao3
Master |
29-Jul-2009 12:20
Yells: "Money or reputation ?" |
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You are quite right. But the period between mid-aug to May09 is a long way. If what Richtan has posted previously on an analysis by DMG is correct and STI is indeed in final wave 5 of wave (a) of wave A(intermediate?), then wave five is doing an extended wave. That could mean that the recent strong breaching of 2400, 2500, 2600 are only still part of minute wave a of (a) of intermediate A??? Any correction from here will not be major because we are still in an early part of a primary wave B. Calculation of wave B usually is 1/3 or 2/3 of primary wave A. 1/3 correction region has already been breached (around 2250), so that means wave B is going to be reaching towards 2/3 mark before we can judge what is coming. A ZigZag correction is already in the picture. 2/3 correction will take us to 3000-3100 region= above 61.8% fibonnaci retracement. And this will happen around mid september to end september. But all this depends whether the ZigZag will turn into a flat or expanded flat correction. If it does, then higher levels above where primary wave A started is possible and needs to be respected!
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maxcty
Master |
29-Jul-2009 12:17
Yells: "always a learning day for me in trading" |
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collection day?? your view STI head south somemore? actually i did collect some today. set some benchmark for some of my counters..hehe
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dealer0168
Elite |
29-Jul-2009 12:06
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Today is collection day........ see which counter pricing look attractive ....pick some up. |
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maxcty
Master |
29-Jul-2009 12:01
Yells: "always a learning day for me in trading" |
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heading south..and south....no more rally run today liao...
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Hulumas
Supreme |
29-Jul-2009 11:59
Yells: "INVEST but not TRADE please!" |
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Thanks to global united economic stimulus package programmes... Hence, global V shape economic recovery is on its patch!!! Amithaba........
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mirage
Veteran |
29-Jul-2009 11:57
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victorf
Master |
29-Jul-2009 11:51
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still the same call.....do not hope for the "hype", "high", "hysteria" for 3800-3900 to be reached....only two possible outcomes and let the market prove it....good luck ! victorf ( Date: 28-Jul-2009 12:26) Posted:
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ozone2002
Supreme |
29-Jul-2009 11:34
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dejavu? | |||||||||||||||||||||||||
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maxcty
Master |
29-Jul-2009 11:28
Yells: "always a learning day for me in trading" |
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going down...profit taking....time for those who miss to load this morning....hope to see another bull run in afternoon.. | |||||||||||||||||||||||||
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