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STI to cross 3000 boosted by long-term investors
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iPunter
Supreme |
08-May-2009 16:07
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Blue chips should be falling back while second liners play catch up, then after that, the cats and dogs are sure to come alive. Fortunately the Dow fell three digits last night, so the next push up will be genuine... This is a good strong market... | ||
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Andrew
Master |
08-May-2009 15:08
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Seems like started.....DBS 70cts drop in 20minutes WOW.....
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DnApeh
Master |
08-May-2009 14:55
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Queues are thin, expecting explosive moves soon. | ||
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Andrew
Master |
08-May-2009 14:41
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I wonder how are those playing CFD short doing ? Must be some nightmare for them......I think this week 300 pts......WOW...so good.....
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HLJHLJ
Veteran |
08-May-2009 13:46
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I was expecting a correction but up it goes! Look strong! I think funds are buying. Worst over! |
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AK_Francis
Supreme |
08-May-2009 12:14
Yells: "Happy go lucky, cheers." |
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Ha ha , MFTs spectacles drop liao, as their STI 2140 support line broken, in wide gap. May be, they also making money loh. Can't do much todie, go for early brunch liao. Cheers. |
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matthewsoh
Senior |
08-May-2009 12:03
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haha.. people buy stock to celebrate our fugitive return ... has been more than one year already. MAS selamat or SGX selamat |
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cyjjerry85
Elite |
08-May-2009 12:00
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huh...another day of shooting high with volume despite last nite DOW down 101 points...incredible | ||
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lookcc
Master |
08-May-2009 00:58
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think it depends on how dow closes, if minus <30 pts sti may close flat or even slightly green but if dow closes green then sti most likely close green [assuming dow' future's 2morrow is plus/minus <30 pts]. | ||
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yipyip
Master |
08-May-2009 00:53
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TA for STI 1960 mark is the first milestone in the STI rally. This recent close above 1960 puts the STI in a very strong uptrend with an interim target of 2300, the second milestone. Clearing 1960 as esistance, it is now support, as is the 2000 psychological level. On 4th May09 STI has breakout 200MA Overhead resistance is in the 2215 to 2225 region, then 2300 |
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cyjjerry85
Elite |
08-May-2009 00:09
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it will be red day for STI as profit-taking shld settle in by now...but how red it is...hopefully its a shallow one with not that high of volumes
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richtan
Supreme |
07-May-2009 23:41
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CW, Many thanks for your tipsy, sorry, not pouring cold water on u all, but loking at the chart, I think I will give it a miss as it is grossly overbought, of course, wat is overbought can be even more overbought but I m very conservative & kiasi type, as the risk/reward to me is not favorable. I may consider buying only if there is a pullback. Anyway, wish u all the best & huat-ah to u all.
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lookcc
Master |
07-May-2009 23:39
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but jeff mortimer [cio of charles schwab investment management which has abt 235 billn of assets] said tat march 9th was a textbook bottom n investors waiting 4 d retest may never get back in, how??? | ||
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lookcc
Master |
07-May-2009 23:16
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in which case wud remain not vested until next uptrend [mayb many, many, many mths from now]. | ||
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lookcc
Master |
07-May-2009 23:06
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3 figure green, perhaps. | ||
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Livermore
Master |
07-May-2009 22:37
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Close a bit red or flat or slightly above green is good so tomorrow no gap up as intend to buy some more shares tomorrow | ||
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aleoleo
Master |
07-May-2009 22:32
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DJ in RED now, hopefully closing will be in Green. Anyway no tension la, stress test results is optimistic. IF DJ close RED no need to panic sell lo, healthy correction is good, but never do panic selling.... cheers | ||
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lookcc
Master |
07-May-2009 21:28
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sekali no bearish messages sti mesti more rocket up lagi. | ||
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lookcc
Master |
07-May-2009 21:26
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got bearish messages sti also rocket up. |
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cheongwee
Elite |
07-May-2009 17:24
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i base on my own calculation...2390..base on 38.2% retractment.. but my maths is poor, but alway just get by...DYODD But recent my luck is supa..and i thk dow 10000... since we go down more than dow,,, i thk by right we should lead them in this rally... so sti 2600 to 2800!!!!...by sept....dow to 10000...
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