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3rd Jan 2008 - Will be red in the morning.

tommorrow sti will be red in the morning.

 

Yah, uncle Pension, you are right again. Can you be right again and "predict" green tomorrow?....synnexo, this is a small one. I believe the big one is sitting at Pension living room!

 

wah , this is a missing canon, synexo stole it from sentosa.quick call police.

 

If Dow future down further then ah P going to fart?

 

caution, dow future from +37 drop to +3, if dow future turn red , u guess what will happen?

 

juz watch sti is testing 3390 soon. now is 3410.43.

 

sti is testing 3390, it rebound when hit 3397.90. if no support at 3390 the next very strong support will be 3300. hope oil price will not surpass usd $100 pb.

 

this morning is bear market. afternoon ....   Jan 3, 2008
S'pore shares down 1.77% in morning trade
SINGAPORE - SINGAPORE shares traded 1.77 per cent lower on Thursday after world oil prices briefly touched US$100 (S$145) a barrel. The main Straits Times Index was down 61.17 points at 3,400.05. -- AFP

 

	Now the shanghai market is in red. Trade with care. Index
			2008-01-03- 11:14 Indexes Prev. Closing Last High Low Change% SSE 180 12101.23 11942.04 12085.95 11904.26 -1.32 SSE 50 4219.69 4136.43 4213.65 4123.12 -1.97 SSE Composite 5272.81 5224.45 5271.81 5211.05 -0.92 SSE New Composite 4479.95 4438.19 4479.06 4426.52 -0.93 SSE Dividend 4689.16 4660.17 4690.68 4645.63 -0.62 180 Financial 6403.89 6205.25 6385.46 6185.20 -3.10 Governance index 1467.59 1448.30 1464.73 1443.36 -1.31 SSE A Share 5533.26 5482.30 5532.20 5468.16 -0.92 SSE B Share 367.22 366.47 367.98 366.06 -0.21 SSE Fund 5182.65 5182.41 5197.93 5146.91 0.00 SSE Government Bond 110.78 110.76 110.84 110.76 -0.02 SSE Corporate Bond 112.91 113.09 113.20 112.77 0.17

 

wait for market o stablised b4 jump in.

 

trade with care, dun any how press buy button, dun say uncle never caution u.

 

sti will close red today.

 

tanglin boy, my post is on wednesday afternoon when dow future is green and before us market open. everyone know how to predict when us market is closed. ha ha ha

 

Dow tested and broke the 13,000 pts psychological level intra-day last nite.. so long term support breached.. look out for the next immediate support at long term support 12,750 level. if this level is breached, run... and i really mean run cos it will be a v rough ride southward.

but from short term TA, i foresee a tech rebound when DOW hit 12950 before resuming the downtrend.

Tonite economic data r crucial to give a more confirmed insight of where US economy is heading.. the employment data (jobless claims) at 8.15 ET unlikely to be good and the money supply at 4.30 ET which show if its shrinking.. confirming if US is going into recession..

just my 3cents worth.

 

no brainer for today. so what abt tomor, will it be red?

 

Press reports layoffs expected at Merrill Lynch, Citigroup & National City


FOMC: Marked deceleration in consumer spending and fall in confidence;
  exceptionally alert to change rates if needed; credit, economic risks require
  substantial easing; prepared to adjust policy in response to economy,
  inflation; staff sees GDP noticeably below potential in 2008; economic outlook
  unusually uncertain; housing outlook worsened between Oct & Dec meetings;
  housing slump to be deeper and more prolonged; core inflation to trend down
  over next few years; past dollar declines could boost import prices; rate cuts
  could be reversed if market conditions improve; financial stress posed higher
  risks to growth

 

 

Uncle Pension,

I also can predict... today market will open in red !!  :) 

 

 NASDAQ 2640.29  -11.99  -0.45% | DJIA 13164.02  -100.8  -0.76% | S&P 1459.91  -8.45  -0.58%

OMG Dow is very sick

 

wha lao this kinda topic also can start, very free arh...

 

I guess sideway or crawling up.

 

Though U R right for today's performance.