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STI to cross 3000 boosted by long-term investors
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zanetti
Member |
31-Mar-2008 10:17
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u guys never heard of the rumours frm china meh ? i thought its the only reason spurring asian markets to go up even though DOW going down | ||||
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Farmer
Master |
31-Mar-2008 10:14
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You're right, it make no sense, unless Sgp economy/stock market really decouple from the US which remain to be seem. Personally, I felt its just window dressing in play, thus be careful!
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ozone2002
Supreme |
31-Mar-2008 09:30
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US down consecutively... STI up consecutively.. don't seem to jive.. gonna accumulate more put warrants..what goes up must CUM down.. |
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teeth53
Supreme |
30-Mar-2008 21:54
Yells: "don't learn through life, learn to grow with life " |
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Hope this help punters buy/sell or shot....We are still in phase three credit crunching, Mar 29: Fixing Wall Street means getting investors better information - and the sooner the better. more
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teeth53
Supreme |
30-Mar-2008 21:42
Yells: "don't learn through life, learn to grow with life " |
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Bear Stearns, Sub-Prime, UBS Bank, Wall st, Japanese Yen, high oil price, poorer retail Sales, consumer confident, high property price, lower interest rate by FED. FED injecting more $$$, so is GIC / Temasek, so is Bank of England and so many..... STI is not ready to climb yet, will just be following.... |
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sarahlkh
Senior |
30-Mar-2008 21:33
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dj down .7... | ||||
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teeth53
Supreme |
30-Mar-2008 20:49
Yells: "don't learn through life, learn to grow with life " |
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STI is under pressure to perform, however it has to take profit for those who bot last week, it is not ready to clmb to higher height yet. Short term still very volatile, just have to trade with care. | ||||
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soloman
Master |
30-Mar-2008 18:41
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ASIAONE TODAY: Markets brace for slump in Japanese business confidence Guess Japan is a goner, left China and India to hold us up |
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AK_Francis
Supreme |
30-Mar-2008 14:57
Yells: "Happy go lucky, cheers." |
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Due to so much uncertainties, short term or hit n run are still the best strategy. I guess, 31 gonna to be a good day for Long rather than Short, my view. | ||||
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soloman
Master |
29-Mar-2008 20:12
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BT : The STI went up due to hedge funds going from defensive to beta stocks When they find no body follow them, their plan will fail Don't carry the baby after 31st |
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winsontkl
Elite |
29-Mar-2008 17:22
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See if the STI will breach 3000 level again....noticed the bullishness or window dressing did not drive the market up too much...probably worry they will carry the baby as many unload this time round as uncertainties still hold... | ||||
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zhuge_liang
Supreme |
29-Mar-2008 12:24
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Not just window dressing. Also short covering. I believe many shortists are covering back. These are pushing prices even higher. | ||||
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soloman
Master |
29-Mar-2008 09:29
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DOW slowly giving up all its gains Rate cut weakening Lets see STI can still go up again and again Next week we will all know Whether it is window dressing or bargain hunting |
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max_lyl
Member |
29-Mar-2008 00:00
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It seems that many who posted today is about gloom and doom. whts they talking | ||||
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sarahlkh
Senior |
28-Mar-2008 23:35
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when u think that its down, its up... when u think its up, its down... DJ up .33% at the moment | ||||
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178investors
Veteran |
28-Mar-2008 22:18
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There are junk stocks and healthy stocks among China stocks. The heavy selldowns could be in anticipation of the many challenges facing businesses in China and possibly more draconian measures by Premier Wen to rein in inflations. Like whether a cup is half-ful or half-empty, the heavy selldowns could be opportunities for those brave enough to pick up bargains. Warren Buffett said: He likes it best when market is sold down irrationally. That is when he feels like an oversexed person... can't have enough ... But you got a point about that window dressing thingy... nex week could be unnerving again for traders/investors. |
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soloman
Master |
28-Mar-2008 19:15
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Don;t carry the baby after 31st Mar window dressing Remember alot of fund mgrs unload China stocks becuase they carry too much junk |
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ericsim
Senior |
28-Mar-2008 19:02
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one more thing, contra player like me (today due date) hit & run lor, little profit better than none. | ||||
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ericsim
Senior |
28-Mar-2008 18:56
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agreed with cyjerry. like to add few points - 1. today is friday, most players don't quite like to carry babies over weekend unless cash loaded or high risk taker. 2. DOW down 2 conservative night but STI still manage to cheong. heng ah not red. 3. probia also one of the factor causing STI flat today. watch out for today DOW, if down with red here come monday maybe bloody day for STI but i doubt so (DOW 2 days red already). don't trust DOW future too much it just a guideline. just my 2cents...good luck |
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jasonrxz
Senior |
28-Mar-2008 17:49
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U guys dun think something is cooking meh? for two days of DJ dropping more than 200 pts... and ASIA which is the part of the world considered sentiments are still good for stocks and bonds... keeps on rising? especially sti index to stays afloat of 3K? hmmmmm, though i love the rally but pls dun get caught in the traps as really volume didn't tally with price.... but i hope that the investors are coming back with cconfident which i think is not the case yet... Any other comments??? 
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Red, red roses @-}-}---
, then credit squeeze
, next credit crunches
, what next ?
, credit melt.......