Post Reply
1-20 of 67
people is just like people. though i am always right about the direction of the market, people still dont believe me and marked my postings as bad.
pls refer to postings by element_9_9_9 regarding the next day market direction
pls refer to postings by element_9_9_9 regarding the next day market direction
Woo.. almost touched ST index of 2,400.00 to a low of 2,401.60, very lucky to recovery back to ST index of 2,429.55pts +12.86pts, bottom fishing and stocks hunting, beware of bull trap, cheap liao, can be cheaper.
As I post this, all the major European markets have chalked up triple digit gains in late trading, so I think sentiment on Wed 24 May for the SGP market may be positive.
Currently punting on new IPO Sino Environment. Resistance at 73 but think it may shoot past 75 on a rebound.
Bear Reader turn bullish on a very short term technical buy for tomorrow 24-May06. It will trend sideways amind slight market uptick.
yes. similar to Oct 2005.
I see a pattern happening again. It was repeated between 21 & 28 Oct last year. And started an up trend from 29 Oct after it preached the MA200 support. Could expert advise whether it could be a repeat pattern or cycle? I hope some TA models or indicators could provide probable direction at this critical situation. What should we focus on to anticipate a reverse trend if any?
can we have a poll to gauge market sentiment?
How many of you are waiting to buy (hoping for ST index to fall further) and how many of you are waiting to sell (hoping for ST index to rise)?
Buy Cosco, Delong, KS eEnergy, Magnecom, Japanland,
Sell Capitaland, Creative, Charter semi,
It will goes up today, trust me. Stop selling and keep buying.
My past experience tells me that just about when everybody from Financial analyst to the man on the street think the market will rebound, it definitely will plunge further down. Just watch out for it.
STI is the ONLY regional index out of red this morning. Do you think this is sustainable in the afternoon?
From past meltdowns of such nature recovery is never in a day or a week, for any meaningful rebound (intraday rebounds notwithstanding). But it is close at hand or is it? But your guess is as good as mine.... But remember, just when you think it is safe it surprises or when you think it's not ripe it also surprises ...Sigh...thats how it is.
Read and comprehend. Take a look at how other investors, punters alike see it. I have suggested below some forums and the internet to get the feeling...the pulse. I guess there are a lot on newbies here.
Elliot wave proponents and TA purists are abound out there. Don't part with your money without knowing why first. Read them.
Good Luck
someone playing the market today.... fluctuating like crazy.
I think its going to go even further down. Maybe to 2300 levels or even 2200 levels in a couple of weeks time. Sorry to be a wet blanket.
The STI index has broken the EMA200 at 2405.76 level. Are we expecting a reversal some time later?
Morning gains are slowly being eroded
yesterday, STI, up for 1 hour and down whole day.. today same ??
if everybody is in doubt, and everybody sells, what will happen, like long queue at the bank ?? bank will close shop ?
thank you. impressive write up.
hi Mamasan, the meltdown is not your ordinary correction and the duaration of it is moot. Readers would do themselves good to comprehend the ongoings and the hedging activities of investors (the word hedge here does not refer to Hedge Funds) and the necessary unwinding as they sought to seek yields and gains or protect profits in precious metals, commodities, fixed income, equities and currrency.
Yes, one would be hardpressed if one has unpaid equities due or is a margin trader. Although one may have paid up for some shares, there is nothing like knowing what inflation and interest rates portends for the global economy and what one ought to do. The Internet has provided the retail investors the necessary wherewithals to punt, invest in markets with some semblance of a level playing field. When there is doubt SELL...it is never too late (meaning since May 10th) and it pays to glean the internet for such information. The ongoings in the market seems to suggest the pricing in of at least another 50-100 basis points in rate hikes by the FED. So be prudent.
Folks there are a number of forums where one can tap the wisdom of the seasoned investors and it pays and can save you mounting type losses.... (do a google search on MarketChatter or ChartistsUnited)
As of now the Nikkei, i think is down abt 200 points...so take care.
ps Mamasan, wave...if you the same Mamasan from days yonder.. the 3 M(s) if you remember