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You may be right...
Down 100+... up 50+... thats a retracemient...
But if down 100+... then up 150+, then it is a very convincing uptrending sign... :)
Anyway, the bull seems to be still around for some time yet...
Pls remember that it corrected down 109 points yesterday & only recover about half the index..I am cautions about this as this is only a technical rebound...be careful...
Why only Hiap Hoe down 0.02 ?... :)
Woww..STI all green today..nor a single counter is in red. Shiok lehh...
STI (Morning) up by 1.5%, up by 5420 pt to STI 3,345.48
STI (Morning) up by 1.5%, up by 5420 pt to STI 3,345.48
Yeah...
Actually it's rather simple and also easy...
but one needs lots of practice to perfect the techniques...,
But very often one's well-honed techniques are jeopardised by one's character... :)
Wow... it sounds so simple and easy!
Basically, the rules are:
a)Enter at a technically determined point
b)If right, let profits run up to a predermined target
c)If wrong, dump.
Maybe you can explain that?
It sounds really really vague!
Our business is not to predict whether it is a temporary correction or a downtrend...
Our business is to trade well under all circumstances by putting our rules into practice... :)
Hey brother iPunter.... what do you think? Is this a temporary correction or not?
You may be right!
Looking at the STI Chart, I am a little worry now. I can see a double top in the making. 1st top 11 April at 3452 and the top 17 April at 3448. Am I worrying for nothing? Worry...worry...worry!!!!
Maybe wait for Singaporegal to come in tonight and do some 'oracular divining' for us with her 'trend machine'... :)
With already 3 days of 'newmoon' rises, the Dow is likely to fall tonight...
If that happens tonight, tommorow may not look too promising for the STI too... :(
STI down 99.41 points at 3301 now....
wow! break 100 pts... first time... hope will recover...
That's highly possible...
Earlier in the day, the pullbacks from some "cheonging" stocks are unusually big too...
Bad sign... :(
Wow, look at the Shanghai market and it seems like another Feb 27 is in the making.
A sickly sign for the market... :(
Drop almost 80 pts. !