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STI to cross 3000 boosted by long-term investors
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cyjjerry85
Elite |
09-Apr-2008 12:34
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today plunging ....and looking at the volume for our morning session up till now...it is quite big in terms of larger than average volume...we might now see close to 2 billion in volume at the end of the day if it is of like yesterday doesn't look very pleasing now...HSI and Nikkei are plunging VERY steep and deep now |
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cyjjerry85
Elite |
09-Apr-2008 09:53
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we shall be waiting for the cue from HSI soon | ||||
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cyjjerry85
Elite |
09-Apr-2008 09:08
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we might just see much lighter volumes today...jux a personal guess and observation | ||||
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yes888
Member |
08-Apr-2008 23:31
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then must be the most obedient dogs wor! |
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178investors
Veteran |
08-Apr-2008 23:21
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Today afternoon... all shortbros smiling toasting kopi-o... all longbros boh-pian drink tap water. Life is fair... every dog has its day... a time to laugh and a time to cry. |
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winsontkl
Elite |
08-Apr-2008 22:17
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True.....locked in your profit while it last.... | ||||
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lookcc
Master |
08-Apr-2008 21:54
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tis period of volatile market there is no sustainable uptrend or downtrend......these two months sentiment likely on downtrend....battle of shortists n mini-rallies' baby carriers, good 4 traders n hedge funds/BBs. | ||||
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Livermore
Master |
08-Apr-2008 21:38
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Thus during such times even for a stock when you see accumulation/distribution on uptrend and stock chart showing a strong uptrend, it may not necessarily mean a good buy. It would be best to start accumulating before the uptrend. | ||||
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singaporegal
Supreme |
08-Apr-2008 21:26
Yells: "Female TA nut" |
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STI has been uptrending for many days. A technical pullback is expected. Then again... people are cautious about the spate of announcements due tonight from the US. |
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lookcc
Master |
08-Apr-2008 19:20
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from higher low to lower low sti support cud b 2800 n if 2800 broken, support at 2700 shud b strong.....if 2700 broken, then dunno where got support level (hopefully at 2500?). | ||||
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moneyface
Senior |
08-Apr-2008 17:39
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please take my advice as below as a reference seriously. Caveat. next 3 support point is 3128, 3080 and 3058. if EW is not wrong we will see victorf cystral ball prediction coming true soon. good luck guys
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cyjjerry85
Elite |
08-Apr-2008 17:26
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hmmm...the thing about volume is that...last week (or two weeks before..forgotten le..) we also got once more than 2billion (volume)...and that was an upside....now today...the 2billion (volume) is on the downside... looking at the past near term history...with the high inflow of volume on the upside we had our counters most going up...and now it seem we might take the opposite side of the track... but we are still very much dependent on what the DOW has for us tonight |
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AK_Francis
Supreme |
08-Apr-2008 17:20
Yells: "Happy go lucky, cheers." |
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Ha now East and West also kena, what next boy. Tomorrow gonna be a bad day as well, I guess. Now, EU markets are red, though not serious. What else DJ can prove tonite, as there is no more good news in state. Hope crude oil price don't surge over US 100 tonite, if yes, eat grasses already. |
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ozone2002
Supreme |
08-Apr-2008 17:19
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yeah ...down 50 points...time to go grab some beers @ happy hr to celebrate.. we're still in bear phase people..any upside is ur chance to get out.. |
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cyjjerry85
Elite |
08-Apr-2008 17:12
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now we are in quite a red position...and is below the 3150 level...moreover the volume is above average at more than 2billion...we will really have to look forward to DOW for some cues...if they are in the red tonight deeply...then we should also be quite jialat already... any comments on the negativity & volume for today? will the bear rally come to an end or is this simply just a pullback... |
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elfinchilde
Elite |
08-Apr-2008 17:06
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*grin* everything ozone2002 said.  locked out chinaenergy and golden agri this morn.
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ozone2002
Supreme |
08-Apr-2008 15:56
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yeah put warrants making moolah..waiting for this moment.. | ||||
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cyjjerry85
Elite |
08-Apr-2008 15:45
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looks rather jialat now for STI...we r very much influenced by the two Asia power houses - Japan & Hongkong ...our charts plunge when seeing them plunge.... | ||||
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cyjjerry85
Elite |
08-Apr-2008 14:15
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good to have been informed about the DJIA...& yes indeed have noticed on the high volume traded today too...let's see how the end of the day will be like in terms of volume and whether we r in the red or green...if volume goes exceptionally high on red..then it might not be a good sign too...hopefully its on the up side | ||||
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elfinchilde
Elite |
08-Apr-2008 13:35
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today's a major day for the DJIA. 2 impt news out. it's forming either short term triple bottom (bullish), or mid term M (bearish). still maintain it needs to break 12,750 on increasing vol for breakout to occur to 13,500. until then, considering gold has been up, the likelihood is sideways to down. 178investors has a good strat there tho. focus on longer term may be safer for small players. |
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