Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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victorf
Master |
22-Jan-2008 09:31
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there is no good reason for the shares to drop at these level and it is STUPID to sell at the current price (IRRATIONAL PESSIMISM)...as said before, this provides apportunity for long term holders to buy the shares (do not buy all at one time but bit by bit as the uncertainty may end within 6 or 14 days time..exact date to be confirmed and i will make a call)...good luck and not for contra trading |
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synnexo
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22-Jan-2008 09:06
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Look at our bank stocks...really very attractive prices already. |
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synnexo
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22-Jan-2008 09:04
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STI opens down 115.01 points or 3.9% at 2802.14. |
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jackjames
Elite |
22-Jan-2008 08:36
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Tokyo Nikkei open with 550 points DOWN more than 4% drop now... let's see STI really going to break 2800 points today?? wow.. | ||||||||
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www.collinseow
Member |
22-Jan-2008 07:28
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Any good TA analyst bar none will tell you to stay out for the market , look at the breaking of all the different moving average ,the breaking of trendline , the long black candle means that the downward momentum is intact. However, this is a real bargain hunting season too?? Let?s look at history, last 24 years , there are only 4 occassions that the sum of ROC has reach more than -50 1) Oct 1987 2) Aug 1990 3) Jan 1998 4) Jan 2008 Market has reached those black swan event. If you have contra( which I dont encourage), STAY OUT. I think we still have some more downside to go. Downside target 2850 If you can hold at least 1 years, history has shown that the success ratio is 100% To see chart , please visit my blog |
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winnifong
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22-Jan-2008 07:11
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HSI likely to hit below 23K today due to subprime crisis spilled over to chinese banks. That's goes to STI... |
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cyjjerry85
Elite |
22-Jan-2008 02:42
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now...tt's wad i call a more credible analysis...technically sounds right....thks for the sharing...we shall see further on the market outlook | ||||||||
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Sporeguy
Elite |
22-Jan-2008 00:58
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Expect the bear to end at 61.8% retracement of (3899-1209) at 2236 at around Sept/Oct 2008. | ||||||||
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Sporeguy
Elite |
22-Jan-2008 00:50
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Make a study of STI (daily closing) using Yahoo. Wave 1 started at 1209(11/03/03) up to 1909 (27/01/04). Wave down to 1822 (12/03/04). Wave 3 up to 2511 (07/03/06), Wave 4 down to 2311 (13/06/06). Wave 5 up to 3899 (10/10/07). The bull had ended on 10/10/07. Using Fibo 61.8% retracement of (3899-2311), we got 2917 which is 21st Jan 08 STI. So 2917 is the 1st line of support, if not then 2511 could be a strong support. | ||||||||
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paperless
Senior |
22-Jan-2008 00:15
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"If I were walking along a railroad track and saw an express train coming at me sixty miles an hour, I would be a damned fool not to get off the track and let the train go by. After it had passed, I could always get back on the track again, if I desired. " - An investment wisdom from a great genius speculator. Again and again, candle stick chart shown its very high level reliability -- a must have Swiss Army Knife!
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Henry$$$
Senior |
22-Jan-2008 00:14
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If you bought at high, be patience may dilute your hard earned money. A lot of counters have plunged more than 50% since last correction, typical example is Centilion. So do you think they can surge to its peak in a year time? Maybe! Quick and sharp action is necessary for current market. It is a Casino games now! Win and lose is 50:50 if you still in the market. http://www.freewebs.com/henryhts |
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winnifong
Member |
22-Jan-2008 00:10
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FTSE still bleeding, 5% | ||||||||
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178investors
Veteran |
22-Jan-2008 00:08
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Plenty of blood on the streets ...... more coming until CNY.... red red like ang pow colour...![]() |
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simck001
Senior |
22-Jan-2008 00:03
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Me too. Jia Lat. As a newbie, learn the lessons the hard way. Should have changed the password to the recommended one: patience patience asshole. | ||||||||
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winsontkl
Elite |
21-Jan-2008 23:55
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add to the list, India and Europe... | ||||||||
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winnifong
Member |
21-Jan-2008 23:15
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depend on how further chinese exchange and HK correction | ||||||||
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3333388
Member |
21-Jan-2008 21:57
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Eh! Bullmarket boh liao? Analysts' projection of STI hitting 4K oso boh liao? Now let me predict :- wait for another 5yrs for the next bull cycle. Analyst can predict, I oso can. Luckly never listen to dem. Get out of dis scene 3 mths ago. Sad dat ppl being hit hard. A close frien being hit big time. Pledge shares to bank & loaded up even more. Very jia-lat. |
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crazy_fave
Member |
21-Jan-2008 21:53
Yells: "crazy_fave" |
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When the markets are on the uptrend : "buy low, sell high and then buy high, sell higher." On the other hand, when the markets are on the downtrend : "sell high, buy low and then sell low, buy lower." -- crazy_fave. | ||||||||
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mike8057d
Veteran |
21-Jan-2008 21:33
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The title of this tread is really very true for now.....crossing 3000...cheers. Tomorrow will be a better day! | ||||||||
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Manikamaniho
Senior |
21-Jan-2008 21:25
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A rate cut will provide an excellent opportunity to exit on the rebound... Bears can be very nasty animals... If one loses money, it is not because the market is a bad animal... It is simply due to our own opinion/s... ![]() |
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