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STI to cross 3000 boosted by long-term investors
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Blastoff
Elite |
13-May-2008 11:02
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Volume very low - 490.5M only. Where has all the people gone to??? | ||
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jasonrxz
Senior |
13-May-2008 10:54
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Market now is very very weird...... Nothing to follow as in the index rises but most of the stocks stagnant and if dow jone went down..... most stocks moves.... From wat i see... there is nothing much to play today.... except EZRA that have a potential to jack up somemore.... cheers and i will look look see see (window shopping) today.. 
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CWQuah
Master |
13-May-2008 01:49
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Francis, I know what you mean. Actually the markets react initially only to DJIA index from the previous night, but as trading goes on during the day, the markets will react more to the Dow futures. STI is no exception as a forward looking stock index. That's why sometimes the markets appear to be behaving totally contradictory to what happened to Dow the night before. And of course if you throw in Nikkei, HSI, SSE into the mix, sometimes Dow doesn't have that much impact on STI. |
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AK_Francis
Supreme |
13-May-2008 01:37
Yells: "Happy go lucky, cheers." |
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But on the contrary, nowadays DJ drops like shit, but STI no tension leh, IE last Fri DJ diarrhoea 123 but STI today heartbeat up 18. Really, kanfused leow. If tonite no more 2nd wave of earthquake in PRC, then Q now for your delights loh. Adjust 2morow, should DJ plunge like hell, if Ms Kinton jump to the sea due to Okama confirmed to face the rival, in the president grand finale election soon.. |
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CWQuah
Master |
13-May-2008 01:12
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I love what I saw on the DJIA daily charts. It hit 12865.4. So, even if DJIA close later at above 12788 tonight, DJIA is technically forming uptrend. To me, the best possible close is if it close at 12861.5. Hehe. That would indicate strong bullishness after the last 6 days of downtrend market. |
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AK_Francis
Supreme |
13-May-2008 00:54
Yells: "Happy go lucky, cheers." |
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Ha ha, DJ up 100 now, so Q now what you want loh????? Do adjustment 2morow early the moring leow. Cheers. | ||
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CWQuah
Master |
13-May-2008 00:18
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I beg to differ. If DJIA tonight closes above 12788, there should be more upside for STI tomorrow. I'd be even happier if Dow can just touch 12861.5 tonight. If not, DJIA is in consolidation mode. As for STI, if it remains well within 3165-3209 for tomorrow, technically it will be the 2nd day of uptrend. 3157 will be a critical support should 3165 fail to hold. A break below that is likely to induce selling. As for stocks, evaluate them independently of STI. It seems some property and engineering conglomerate blue chips are in fact about to make significant ascents. |
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ozone2002
Supreme |
12-May-2008 22:14
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trend for STI this week is down.. today STI up on super super thin vol like okamoto ..haha.. confirm down this week
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winsontkl
Elite |
12-May-2008 22:10
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Today STI looks kelong to me esp with such volume....but it looks good to be in green...hee..hee.. |
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tanglinboy
Elite |
12-May-2008 20:22
Yells: "hello!" |
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Dow futures positive! | ||
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AK_Francis
Supreme |
12-May-2008 18:42
Yells: "Happy go lucky, cheers." |
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Kelong lah, penalty???? Ronaldo again. AK still like Giggs. Kopi thiam packed woh. AK don't like to watch soccer match at home. Cheers. | ||
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novena_33
Veteran |
12-May-2008 15:11
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bro...no lar...last nite the EPL just finish....Man U took the cup... later this month still have the champion league..... not forgetting the European too....
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Livermore
Master |
12-May-2008 12:27
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Oil price is unlikely to fall down significantly even if OPEC increase output
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tigers
Member |
12-May-2008 11:33
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Seemed like a boring day, long short also not ideal, end up only pay brokerage. ha ha, just joking.
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ericsim
Senior |
12-May-2008 11:30
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haha no lah, today is world cup soccer, majority focus on the TV instead of computer |
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AK_Francis
Supreme |
12-May-2008 11:00
Yells: "Happy go lucky, cheers." |
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Monday blues?? Ha ha, no ref no deal loh. Market flat flat ah. | ||
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cyjjerry85
Elite |
12-May-2008 10:35
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its their holiday...well...next Monday is our turn for holiday (Vesak Day)...most of the time HSI lead STI...today no HSI...so we are probably taking cue from Nikkei..from one point of time -0.7% to currently only -0.17%...sometimes i really wonder if we should buy when US Dow is in the red and sell when it is in the green...darnz difficult to gauge market
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scotty
Senior |
12-May-2008 10:31
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How come hong kong market didn't open today? | ||
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cyjjerry85
Elite |
12-May-2008 09:05
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erm...anybody feeling peculiar too?seeing that SGX open flat...i thought it would gap down and open quite red... | ||
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novena_33
Veteran |
12-May-2008 08:56
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they can say all they want...but the guy in the middle is making the most... i guess.... |
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