| Latest Forum Topics / Straits Times Index |
 Post Reply
|
|
STI to cross 3000 boosted by long-term investors
|
|||||
|
iPunter
Supreme |
27-Jul-2009 17:35
|
||||
|
x 0
x 0 Alert Admin |
It will continue until everyone is maximum bullish... Now many are still scared to buy on the dips... But all said, bet at your own risk! Risk is the keyword...  |
||||
| Useful To Me Not Useful To Me | |||||
|
wongmx6
Veteran |
27-Jul-2009 17:04
|
||||
|
x 0
x 0 Alert Admin |
Worry a bit, thought of taking profit, index run so fast and so high without any correction. Don't care let's follow the trend, Now the trend is still positive. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
foucs6900
Senior |
27-Jul-2009 16:57
|
||||
|
x 0
x 0 Alert Admin |
tink tis rally will last till before National day bah for most counters..............just my view oni...:) | ||||
| Useful To Me Not Useful To Me | |||||
|
maxcty
Master |
27-Jul-2009 16:48
Yells: "always a learning day for me in trading" |
||||
|
x 0
x 0 Alert Admin |
ya loh..guess STI will up also tmr..future green...see DOW how tonight.
|
||||
| Useful To Me Not Useful To Me | |||||
|
des_khor
Supreme |
27-Jul-2009 15:46
Yells: "Tell me who is the God or MFT from this forum??" |
||||
|
x 0
x 0 Alert Admin |
This time round really very hard to say lo.... higher hope fall deeper lo... as we all know after the peak will fall to trough again lo...
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
maxcty
Master |
27-Jul-2009 15:42
Yells: "always a learning day for me in trading" |
||||
|
x 0
x 0 Alert Admin |
haha..good one..ya loh..profit taking loh... the bull still running tmr?? alot good news to support....hopefully
|
||||
| Useful To Me Not Useful To Me | |||||
|
solar2008
Senior |
27-Jul-2009 15:37
|
||||
|
x 0
x 0 Alert Admin |
profit taking. This is normal
|
||||
| Useful To Me Not Useful To Me | |||||
|
des_khor
Supreme |
27-Jul-2009 15:36
Yells: "Tell me who is the God or MFT from this forum??" |
||||
|
x 0
x 0 Alert Admin |
Viagra effect gone
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
maxcty
Master |
27-Jul-2009 15:23
Yells: "always a learning day for me in trading" |
||||
|
x 0
x 0 Alert Admin |
suddenly all property counters dropping....what happen? |
||||
| Useful To Me Not Useful To Me | |||||
|
richtan
Supreme |
27-Jul-2009 14:22
|
||||
|
x 1
x 0 Alert Admin |
Quote: "The bulls should continue their return to the market in coming months, continually taking advantage of 4%-8% pullbacks to raise their exposure and eventually lifting the STI past the key 2,600-2,650 resistance level to around 2,700-2,750."
|
||||
| Useful To Me Not Useful To Me | |||||
|
richtan
Supreme |
27-Jul-2009 14:16
|
||||
|
x 0
x 0 Alert Admin |
Straits Times Index: Technical gap has been filled, initial target now at 2,600
Closing price of 2,533 on last Friday was exactly inline with our forecasts. We had previously
wrote that should the Straits Times Index (FSSTI Index) stay above the 2,424 level, the ensuing
bullish momentum would encounter initial resistance at the 2,533 level where a technical gap is
situated – this eventually panned out right inline with our expectations. Currently with the STI still
riding on a Wave 5, we believe that the present uptrend has not yet run its full course.
Technical indicators are positive. The runaway gap that appeared on last Friday is also
expected to propel the STI further. Additionally, the MACD chart is similarly generating a bullish
signal – we therefore recommend vested investors not to jump ship yet while those looking to enter
the market should do so at current levels before the STI hits an overbought condition.
Key levels to note. Initial resistance is now identified at the 2,605 mark where a series of daily
highs are seen. North of that, further resistance in the form of the 100% fibonacci extension of
Wave 1 at around the 2,700 level would be the next target. On the other support, immediate
support is located at the 2,443 – 2,455 region where a series of daily lows are outlined. Additional
support at the 2,380 – 2,389 area as represented by the 14-day moving average would also be
available to cap any selling momentum should an unexpected downtrend occur
From DMG: Straits Times Index: Technical gap has been filled, initial target now at 2,600 Closing price of 2,533 on last Friday was exactly inline with our forecasts. We had previously wrote that should the Straits Times Index (FSSTI Index) stay above the 2,424 level, the ensuing bullish momentum would encounter initial resistance at the 2,533 level where a technical gap issituated – this eventually panned out right inline with our expectations. Currently with the STI still riding on a Wave 5, we believe that the present uptrend has not yet run its full course. Technical indicators are positive. The runaway gap that appeared on last Friday is also expected to propel the STI further. Additionally, the MACD chart is similarly generating a bullish signal – we therefore recommend vested investors not to jump ship yet while those looking to enterthe market should do so at current levels before the STI hits an overbought condition. Key levels to note. Initial resistance is now identified at the 2,605 mark where a series of daily highs are seen. North of that, further resistance in the form of the 100% fibonacci extension of Wave 1 at around the 2,700 level would be the next target. On the other hand, immediate support is located at the 2,443 – 2,455 region where a series of daily lows are outlined. Additionals upport at the 2,380 – 2,389 area as represented by the 14-day moving average would also be available to cap any selling momentum should an unexpected downtrend occur |
||||
| Useful To Me Not Useful To Me | |||||
|
erictkw
Veteran |
27-Jul-2009 13:55
|
||||
|
x 0
x 0 Alert Admin |
DJ MARKET TALK: STI +1.7%; On Track To Pass 2600-2650 - AmFraser 0438 GMT [Dow Jones] Singapore shares extend gains, led by financials and selected offshore & marine plays on earnings hopes; STI +1.7% at 2,577.23 at midday, after hitting new year-to-date high of 2,585.27 (+2.0%) earlier in session. Index currently testing resistance around 2,577 (61.8% retracement of fall to March low of 1,455 from May 2008 high of 3,269), next resistance psychological at 2,600. AmFraser retail research head Najeeb Jarhom tips index to test that level relatively soon as buying momentum continues. "The bulls should continue their return to the market in coming months, continually taking advantage of 4%-8% pullbacks to raise their exposure and eventually lifting the STI past the key 2,600-2,650 resistance level to around 2,700-2,750." Best performing blue chips include SGX (S68.SG) +4.2% at S$8.70 as higher equity market volumes boost earnings hopes and Cosco Corp. (F83.SG) +4.9% at S$1.28 as oil price rise and general interest in China plays provide boost. Broad market volume solid with 2.1 billion shares traded vs 2.4 billion full day Friday; gainers outpace losers 4 to 1. (KIG) |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
petertan4949
Senior |
27-Jul-2009 13:50
|
||||
|
x 1
x 0 Alert Admin |
no worry, chiongwee said dow 9800,sti 2600. and i say ,why not,, Buffet said and recently, Marc Faber said , thare are still alot of money on the sideline to enter market. whayt you say? |
||||
| Useful To Me Not Useful To Me | |||||
|
ozone2002
Supreme |
27-Jul-2009 13:45
|
||||
|
x 0
x 0 Alert Admin |
contrarian approach.. remember 90/10 rule.. 90% of the pple make 10% of the money.. whereas 10% of the pple, make 90% of the money.. which group u wanna b in? |
||||
| Useful To Me Not Useful To Me | |||||
|
powersupply
Member |
27-Jul-2009 13:25
|
||||
|
x 0
x 0 Alert Admin |
"The risk is getting higher. There will be an adjustment after STI hit high for few week. There will be an rest time for STI. Beware on this.... " When you hear a lot of saying quoted the above... the market will just nastily creeping upward unwilling to fall back to those level of lower price for late comer to share the pie... |
||||
| Useful To Me Not Useful To Me | |||||
|
dealer0168
Elite |
27-Jul-2009 13:23
|
||||
|
x 0
x 0 Alert Admin |
Current market sentiment is very bullish. Bc of many positive news.
|
||||
| Useful To Me Not Useful To Me | |||||
|
ozone2002
Supreme |
27-Jul-2009 13:19
|
||||
|
x 0
x 0 Alert Admin |
Look @ the freaking vol!!!..2 bil at half time.. tom dick n harry (aka BBs) all in the stock market.. |
||||
| Useful To Me Not Useful To Me | |||||
|
dealer0168
Elite |
27-Jul-2009 13:19
|
||||
|
x 0
x 0 Alert Admin |
Let me interpret: Yr: Let the cheaser up lorry then we go in to buy,,,lol Means current trader load up their stock than gana stuck? Correct. haha, in dialect we call ki-chia...... End of Aug, u may see what u want. (My opinion)
|
||||
| Useful To Me Not Useful To Me | |||||
|
boyikao3
Master |
27-Jul-2009 13:16
Yells: "Money or reputation ?" |
||||
|
x 0
x 0 Alert Admin |
Ipunter you so wise! Yes its true, lose your opinion, but not your money!
|
||||
| Useful To Me Not Useful To Me | |||||
|
aleoleo
Master |
27-Jul-2009 13:14
|
||||
|
x 0
x 0 Alert Admin |
HK swing down already ... Nikkei still standing high and well, STI uptrend intact ... DJ future is damn green now ..... time for second liner stock to move ... |
||||
| Useful To Me Not Useful To Me | |||||