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STI to cross 3000 boosted by long-term investors
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singaporegal
Supreme |
05-Mar-2008 11:28
Yells: "Female TA nut" |
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Volumes are extremely low. The market is aimless. |
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stanley111
Member |
05-Mar-2008 10:56
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Any good websites that provide info on stock market |
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winsontkl
Elite |
05-Mar-2008 06:46
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Which direction......head I win and tail U lose.....ha...ha.... |
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cyjjerry85
Elite |
04-Mar-2008 12:23
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its lunchtime soon...the region looks to turn red..Nikkei and HSI... all red... even Taiwan the only index that cheong to the green in the morning...now also seems to flatten out the gradient |
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cyjjerry85
Elite |
04-Mar-2008 11:07
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volume is just sooo low...how to trade...any positive green also can't take it as a smile now...more so to frown |
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DnApeh
Master |
04-Mar-2008 10:10
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Take cover now... |
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cyjjerry85
Elite |
04-Mar-2008 08:47
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looking at the region charts...many opened in the Green today but look at the decline after a few moments into opening....it dived... we may follow suit too... see Australia, Korea.... Japan is rather flat at the moment |
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cyjjerry85
Elite |
04-Mar-2008 00:55
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we might meet with some technical rebound...should u see DOW rebounding up the 12200...its technical based even when the news are bad..it bounce up.. think we shld have learn our lessons from the past week when the DOW was soooo green but yet with so much negative news...it rise...then plunge... so probably we might see STI rising after plunging so much? it is likely on a technical basis...only a better chance for the rest to short it at a higher price |
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winsontkl
Elite |
04-Mar-2008 00:26
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Recession is keeping the FED busy but invertently create the environment for higher inflation thru higher commodity price like oil, good, metal etc.....by Cuting rate and resulting in dollar falling.... |
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cyjjerry85
Elite |
04-Mar-2008 00:02
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Oil's new trading record: $103.92Oil spike, due to falling dollar, beats 1980 record after inflation.really don't look good at all...just saw on newspapers that one petroleum company in Singapore pushed up the price....others should follow suit soon...with oil up...a lot of other things will rise...especially one thing we dread most - inflation...tt's the worst... Oil keeps breaking record within a one week period...how to survive... |
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cathylmg
Elite |
03-Mar-2008 23:22
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Well, there goes the buddha's law of impermanence and the theory of what goes up must come down.... So, guys, how low can it go? Make a guess.... |
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simck001
Senior |
03-Mar-2008 21:54
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tanglinboy
Elite |
03-Mar-2008 21:18
Yells: "hello!" |
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Haha... yesterday I predict STI will go down at least 100 points. Haha.. I am short by 0.1 points! |
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cyjjerry85
Elite |
03-Mar-2008 17:57
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wad a drop today...the number negative 99.9...seems to reflect not only the market...but coincidentally...reminding us that Mas Selemat is on the loose...RED ALERT too! call 999...probably the authorities made it to drop exactly to 99.9 to remind us to call them if see Mas Selemat... 
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cyjjerry85
Elite |
03-Mar-2008 15:59
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Interesting to know about the 40-day moving avg... This is from UOB KH: Technical Analysis Singapore bourse- Expect a retest of lows In our previous commentary on the Singapore bourse, titled ?Breakout Less Likely?, we stated that regional bourses faced significant trendline resistance and as such a breakout was unlikely. The same was said of the DJIA. However, following a brief breakout, the DJIA has plunged again. This underscores the point that major markets are in a bear trend. The broad pattern on all these indices remains the same. All the major indices from DJIA, NASDAQ, FSSTI, Footsie and Hang Seng Index (HSI) showed triangular structures, which are continuous patterns within downtrends. All these bourses are expected to retest prior lows and some to break on the downside. For the FSSTI, we expect a decline to 2680-2700 before a tradable rebound ensues. Monday should start with the index gapping down by 50-60 points and then heading down for most of the week. The attached chart shows the spread difference between 1-day and 40-day moving averages. The 40-day average is a clear resistance level and prior sell-downs have seen the index head down by 300-350 points from the average before rebounding. This could materialise once again, bringing the index down to about 2700 before a strong rebound takes place. |
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gnoik14
Member |
03-Mar-2008 06:26
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got pple sell, sure got pple buy too. i tink maybe +/- 80 points 
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simck001
Senior |
02-Mar-2008 14:39
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Not fully agreed. The STI would be side-way... er.... +/- 50 at the end of the day. |
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tanglinboy
Elite |
02-Mar-2008 14:06
Yells: "hello!" |
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Tomorrow will be a si bei jia lat day. I bet STI will open at least 100 points down. |
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cyjjerry85
Elite |
02-Mar-2008 02:09
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no lah...not predicting April is going up...its just a passing comment only... hmmm...everyone's view of short trend/ short term is different...mine's on a weekly basis...this volatile market...can't see quite far ahead too...hazy |
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asleep
Member |
01-Mar-2008 22:45
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Hi cyjjerry85, For my case, I define a short trend to be around 3 months. Hence, monthly ups and downs are not really trend changes for me. You should be be careful if you want to predict april's outcome with your definition. Cheers. |
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