
Should break 2700 by month end.. or else there is going to have a correction.
Should be able to break above 2700 by month end.

etanhan ( Date: 14-Oct-2009 12:38) Posted:
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Looks like there is no momentum in the market, 2700 is a big resistance and it is limiting the market participation in the long side, other markets are up so there is no move to downside as well.
We are trading in 20 points range in last 3 days, not much upside unless we clear the 2700-2750 range.
Don't just think that the STI market is only played by locals...
Globalised people everywhere will play wherever there's money to be made, or not made... hehehe...

Trade volume is very low, all counters look like sleepy!
what happened to STI?
Kiasu singaporean!kiasu STI!
Index | Last | Change | % | High | Low | Time |
---|---|---|---|---|---|---|
STI | 2673.92 | 5.52 | 0.21% | 2678.89 | 2667.45 | 11:20:30 |
Hangseng | 21763.31 | 295.95 | 1.38% | 21776.24 | 21562.66 | 11:20:31 |
Nikkei225 | 10051.13 | -25.43 | -0.25% | 10096.01 | 10016.24 | 11:00:41 |
SSE | 2999.25 | 63.05 | 2.15% | 3000.79 | 2943.74 | 11:19:06 |
KLCI | 1242.15 | 8.64 | 0.7% | 1242.84 | 1235.05 | 11:19:16 |
SET | 751.63 | 4.96 | 0.66% | 752.22 | 751.14 | 10:19:12 |
HSI and SSE is soaring, STI still sleeping. all indices is sleeping!
poor singaporean shareholders!to be a hongkong shareholders or mainland shareholders is better than a singaporean sharesholders!
It is stuck!! At point of posting STI is +6.11. Use www.liveindices.com to check.
Kassanne ( Date: 14-Oct-2009 10:47) Posted:
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With this kind of weather..every counter is sleepy...zzzz..including the Index
Is there any problem with the index? Seems to be stuck at -12.07 for whole morning. No changes at all??