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STI to cross 3000 boosted by long-term investors
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lausk22
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26-Jun-2007 15:07
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Now there is harryp talking like Newmoon. | ||||
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Manikamaniko
Senior |
26-Jun-2007 15:05
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How can he have reincarnated when he hasn't even reached the moon?...
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lausk22
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26-Jun-2007 14:54
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iPunter, my pal, Talking about moon, we have not heard from Newmoon lately. Wonder whether he has reincarnated to something else. |
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Manikamaniko
Senior |
26-Jun-2007 14:53
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Sentiment, man... sentiment... |
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cyjjerry85
Elite |
26-Jun-2007 14:49
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*goSh...today penny stocks plunge like as if they are been send to hell...darnz | ||||
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Manikamaniko
Senior |
26-Jun-2007 11:55
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Harryp... :) |
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harryp
Veteran |
26-Jun-2007 11:47
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Me still trying to find a way to predict Dow and STI by spiritual dreams..... Moons energy is very yin and thus investors usually turn soft when moon is in control. Best days are days when there is a sun - moon eclispe where yin yang are well balance and neutral force in play.... |
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Manikamaniko
Senior |
26-Jun-2007 11:24
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Probably it's the moon in control at this time... Fundamentals are the same.
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harryp
Veteran |
26-Jun-2007 11:21
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Most counters including good solid ones are down this morning. Good time to kio some good fishes.... 
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choohian
Senior |
25-Jun-2007 23:04
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clownfish75, hope you are right. It's too early to tell. | ||||
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clownfish75
Senior |
25-Jun-2007 23:02
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DOW UP 100 ++++++ TOMORROW ALL MARKETS WILL CHEOOOOONG 
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clownfish75
Senior |
25-Jun-2007 23:00
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EBOUND IS A GOOD TIME TO TAKE PROFIT
Quote:
GOOD TIME TO PUNT ON FEDERAL AND INDO AGRI TO TAKE PROFIT . |
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clownfish75
Senior |
25-Jun-2007 19:37
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LONDON
(MarketWatch) - U.S. stock market futures pointed to a mild recovery on
Monday after the sharp sell-off from the past session, with an upgrade
for General Motors and a downturn in crude oil futures among the bright
spots for the bulls.
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clownfish75
Senior |
25-Jun-2007 19:18
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cyjjerry85
Elite |
25-Jun-2007 18:14
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This morning from CIMB: Immediate outlook: The Straits Times Index (STI) surged to its all time high of 3,652 before ending the week at 3,615.38 as profit taking set in. Nevertheless, the index ended the week 0.9% or 34pts higher. The index is still trying to breach its short-term and medium term uptrend channel resistance (note: the uptrend channel resistance is a rising trend line). Hence we have readjusted the bottom trend line of our pennant pattern. We still believe that this rally would end when the index breaks downwards below the pennant support. We are maintaining the sell on rallies strategy due to the negative divergence on the indicators. This week, we expect more volatility on the STI as it could trade between a wider range of 3,530 and 3,650. Lower liners may still be active this week. Medium-term outlook (2-6 months): The long-term uptrend channel for the index is intact but the buying momentum behind the medium term bull is slowly easing. Indicators are starting to weaken but have yet to confirm the beginning of a medium term downtrend. The index is now testing the upper end of our medium-term target of 3,400-3,550, which coincidentally is also the upper band of its uptrend channel. It may be wise to start unwinding some of the shareholdings on rallies as we still do not foresee a breakout (above 3,550-3,600) happening now. The index may ease to 3,310 in the coming weeks. |
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cashiertan
Elite |
25-Jun-2007 10:04
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Teeth i agree with your view. thou i believe DOW and STI will go Range this few months.. however there is still possibilities to go down. Remember i believe in the worst. next.. during range period. either noobs withdraw their money or put it in defensive stocks. selective stocks are for those pros. however the lucky thing is there are pretty lot of pros her in breakout play, thus following some of their breakout play may be a good idea. LOL |
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victorf
Master |
25-Jun-2007 09:47
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market will still continue to creep up short term and buy on dip...good luck :) | ||||
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hohokit
Veteran |
25-Jun-2007 09:37
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Tks Manikamaniko for you input and sorry for the error in your name.
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teeth53
Supreme |
25-Jun-2007 09:22
Yells: "don't learn through life, learn to grow with life " |
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Just tot what is happening this trading week, starting Monday today...No surprises.
Big Cap stocks will go into rotational play, take profit and also once down on a dip will be back up in no time, it mean big cap STI stocks will be trading in range bound grey area, so is mid-cap stock and oso is small-cap, then again small-cap stocks will depending on sentiment news, don need FA and/or any TA and small cap stocks is very likely again is going to hog most of the top trading list in SGX, predicting 9 out of 10 is small cap stocks. So overall is going to move to +ve with it local economic data coming in, plus regional flavourable news, while DOW maybe down, as usual will be up the next following day, so Monday will see a drop in STI on profit taking, while Tues may see STI recovery from Mon fall. |
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speed000
Member |
25-Jun-2007 08:56
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Summer vacation for the FedThanks to the big spike in Treasury yields, economists think Bernanke & Co. can stay on hold for the foreseeable future even though inflation concerns persist. |
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