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STI to cross 3000 boosted by long-term investors
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CWQuah
Master |
09-Jul-2009 17:14
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Based on current STI OHLC, expect trading range (for tomorrow only) between 2305-2357. Latent heavy resistance around 2319; break above 2352 is pretty bullish but by then it will be a more intensive resistance. Any move below 2306 may be bearish - chk volume to confirm. |
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niuyear
Supreme |
09-Jul-2009 16:58
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I was reading bloomberg's news this afternoon - AIG - AIG (bail out 4 times by the government) , will likely have left NO value to their private shareholders after repaying the US. |
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jing77
Member |
09-Jul-2009 16:48
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i dont think is because of the 2nd stimulus. cos if it is really needed it will be a blow. meaning more help needed. many of their prices have already priced in the recovery..
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niuyear
Supreme |
09-Jul-2009 16:44
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Is STI's surge due to the 2nd stimulus package by Obama? DOW 'might' surge based on that sentiment? People always anticipate first before the government's actual movement. :) If unemployment improves, then surge becomes reality. | ||||
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jing77
Member |
09-Jul-2009 16:42
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it is the tax on property that is playing the trick.. only property sector move up quite alot lol
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freeme
Elite |
09-Jul-2009 16:36
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i dun like how sti behave today.. a dow fut is play the trick. nw gg into become riskier
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ozone2002
Supreme |
09-Jul-2009 16:27
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tonite's jobless claims will bring STI to reality | ||||
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solar2008
Senior |
09-Jul-2009 16:23
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very risky indeed. | ||||
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el7888
Veteran |
09-Jul-2009 16:18
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Some shares are moving up in this last half an hour. STI moves buyers jump in.
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ozone2002
Supreme |
09-Jul-2009 16:12
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good to short for those who are risk takers.. who risk wins! :) |
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iPunter
Supreme |
09-Jul-2009 16:07
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Today is "Cheong Aaarrrhhh!!!" day (STI up +50 pts)... But not much stocks rise...  |
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ticklish8
Senior |
09-Jul-2009 15:59
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http://www.news.gov.sg/public/sgpc/en/media_releases/agencies/mof/press_release/P-20090709-1.html?AuthKey=2da8819d-1a60-c84e-8ea7-019b1006ecf2 |
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ozone2002
Supreme |
09-Jul-2009 15:58
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vol is really bad on the rise of STI.. rise don't look sustainable.. |
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ticklish8
Senior |
09-Jul-2009 15:54
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But of course look at the volume, quite pathetic..... so any bounce may not be permanent..... |
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ticklish8
Senior |
09-Jul-2009 15:51
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MOF reply no tax on 2nd property... started to scramble cover short. |
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ozone2002
Supreme |
09-Jul-2009 15:44
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capital land also joinin in the party.. | ||||
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el7888
Veteran |
09-Jul-2009 15:43
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Sorry is 2300 not 2230
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ozone2002
Supreme |
09-Jul-2009 15:36
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Singtel kenna pushed up.. hence STI goin up | ||||
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el7888
Veteran |
09-Jul-2009 15:34
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Yesterday STI closed at 2266. Resistance and Support is at 2285. Now is 2298 and moving toward 2230. This is good news!
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boyikao3
Master |
09-Jul-2009 14:16
Yells: "Money or reputation ?" |
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Everyone of us here is entitled to our own opinions. If someone is damn sure it will close in red, then of course they will say "will" instead of "probably". Let's respect one another's level of conviction here and take it with pinch of salt/sugar and rely on our own judgement/research rather than trying to control other's use of words to express their levels of passion in trading.
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