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STI to cross 3000 boosted by long-term investors

Manikamaniko.
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12-Sep-2007 08:30

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TuaPekGong... :)...

Hahaha... that's the way of life... so much speculation of this and that...

They should make life simple by just looking at the charts for clues... Smiley

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cashiertan
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12-Sep-2007 08:26

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yesterday rally was amazing low for DOW. watch out for a dip tomolo. i think it will raise than fall.

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teeth53
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12-Sep-2007 07:27

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DOW

+180.54

13,308.39

+1.38%

NASDAQ

+38.36

2,597.47

+1.50%

S & P 500

+19.79

1,471.49

+1.36%

Big rally on Wall Street. Not so Big rally on STI.

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tanglinboy
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12-Sep-2007 06:50

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STI will cheong today!!! Dow had a big rally last night - up 180 points!!

Big rally on Wall Street

Major indexes jump after two tough sessions as investors scoop up a variety of shares; rate-cut bets remain in place.

By Alexandra Twin, CNNMoney.com senior writer

September 11 2007: 5:57 PM EDT

NEW YORK (CNNMoney.com) -- Stocks rallied Tuesday, as investors stepped back in after two tough sessions marked by worries about the economy and interest rate policy ahead of next week's big Fed meeting.

The Dow Jones industrial average (up 180.54 to 13,308.39, Charts) added 180 points, or about 1.4 percent. The broader S&P 500 (up 19.79 to 1,471.49, Charts) index gained 1.4 percent and the tech-fueled Nasdaq composite (up 38.36 to 2,597.47, Charts) rose 1.5 percent.

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TuaPekGong9413
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11-Sep-2007 21:56

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hopefully benny's speech wont be like viagra.....temp up then down again....

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TuaPekGong9413
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11-Sep-2007 21:54

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haiz...1 moment its green spanner...next moment is osama...then bennyspeech....1 moment investors sell down cos subprime pro not solve...next moment sentiments up....1 moment rumours abt 911....next moment ppl waiting for 918....1 moment shanghai crash...next moment say sg too far wont be affected....1 day dow up,next day down...3days rain,2day sunny....life.....

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KiLrOy
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11-Sep-2007 21:43

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Only if Benny sticks to his script when he deliver his speech at 11.00AM EST in Berlin. :)

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teeth53
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11-Sep-2007 21:41

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STI is going green tomorro 12-89-2007.

9:37:07 AM ET 09/11/2007

DOW

+63.16

13,191.01

+0.48%

NASDAQ

+14.29

2,573.40

+0.56%

S & P 500

+6.23

1,457.93

+0.43%

LIVE QUOTES: On/Off

Wall Street waits on Bernanke

8:46am: Futures higher as investors hope upcoming speech from Fed chairman reaffirms likelihood for rate cut while dismissing recession risk; trade gap narrows in July. (more)

? Check stock futures and overseas markets

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soloman
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11-Sep-2007 20:38

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CITIGROUP - belly interesting article in BT

Funds flowing into the Asian region in the past two weeks have surpassed redemptions in late July and August period, when equity markets suffered sharp losses on concerns of a global credit crunch, according to a Citigroup report yesterday.

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harryp
Veteran

11-Sep-2007 20:15

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Que sera, sera

Whatever will be, will be

The future's not ours to see

Que sera sera

What will be will be

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soloman
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11-Sep-2007 19:50

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Today is a good day,

If China market crisis tomorow, STI will be steady ->> Very important result today for STI

Next week, if first rate cut in, the recovery will be kick started

The mkt is getting better by the day

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Manikamaniko.
Master

11-Sep-2007 19:43

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The market seems to be on the recovery track... Smiley

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soloman
Master

11-Sep-2007 19:34

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FED official now debating how much rate to cut and not whether to cut

See google business news

Next week - if first cut goes in, the light will be brighter *********

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cashiertan
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11-Sep-2007 19:30

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watever the case, the world market still need to brave another massive sell down b4 it can go up or cont'ing the slide.

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teeth53
Supreme

11-Sep-2007 19:23

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Mkt closed for the day...

City

Index

Last

Change

Bangkok

SET

801.54

4.69

Hong Kong

HSI

23952.24

-47.46

Jakarta

JSE C

2211.413

1.771

KLSE C

1286.33

-4.37

Manila

PSE

3267.97

-13.11

Mumbai

Sensex

15542.77

-54.06

Seoul

KSE C

1847.36

11.49

Shanghai

S'ghai C

5113.968

-241.319

Singapore

STI

3494.57

52.7

Sydney

All Ord

6248.6

39.

Taipei

Taiwan

9003.12

65.54

Tokyo

Nikkei

15877.67

112.7

W'lington

NZSX-50

4160.156

17.262

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lausk22
Veteran

11-Sep-2007 19:13

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If you read today's newspapers, especially TODAY front page, "Say goodbye to the goblin.... The other view is the Sub-prime spook is exaggerated, could be vanished by Halloween."

And according to another quote in the same article from the CEO of Fisher Investment..."The fact is, if every sub-prime mortgage that could possibly default defaulted, the most it could do is slow down US gross domestic product some."

So whoever said these words, are they "Dark Angels" misleading people to misfortunes or are they "Messengers of Light" that brighten the path ahead?

One thing is for sure - Life is a cycle. There will be rainbows after the rain. There will be light after darkness and darkness after light. We have to make and face judgements every day, until our time comes to depart.

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soloman
Master

11-Sep-2007 18:55

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Ha ! Ha ! Ha !

I told your fellas

Those who panic sell will regret deeply

They lost

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stevento
Senior

11-Sep-2007 17:47

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I see twin towers. Each representing China and US.
Imagine if these 2 economies were to bow to subprime and inflation respectively.
Quite negative scenario.

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CWQuah
Master

11-Sep-2007 17:17

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All are given eyes to see, but also hands to cover their eyes should they not want to see what they should see... heheh.

Very interesting STI movements today. Before the post-market operations after 5.00pm, STI was at 3489.76.

Once the mkt ops were done, STI closed at 3494.57.

2 key resistances...

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shplayer
Elite

11-Sep-2007 17:10

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lausk22,

Dark Angel to those who do not want to see. Smiley

Angel of Light to those who are open to differing opnions. Smiley

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