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STI to cross 3383 by 2011 Nov
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1-20 of 201
First Warning !
risktaker ( Date: 08-Aug-2011 09:36) Posted:
| market has reach critical support 2920 we have to hold if breached we are officially in bear market.
if hold our double bottom will formed and a W recovery coming. This is the level one should start buying now. remember dont hammer all in |
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Long term, SSE will climb up to > 6,000 for sure!
niuyear ( Date: 12-Aug-2011 13:07) Posted:
Europeans are interrested in china business.
'If ' china blooms from here, you will see STI flourish and pass thru 3383....... |
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Europeans are interrested in china business.
'If ' china blooms from here, you will see STI flourish and pass thru 3383.......
Good luck guys. Remember to run with profit not with losses. next support 2650 could be tested next week.
Looks like tomorrow another volatile day.
Long? Short ? I think whatever actions must close within the day. Tomorrow Friday.
Or maybe just stay on the sideline and watch the show.
Americas futures turned red, europe also down currently. only see jarkata positive. maybe today's sti rebound is the last chance to get out of this mad mad market if you are still holding. anyway tomorrow then will know.
Just one thing to remember in this kind of market. One should sell even it is a $100 dollars profit as in this kind of volatile market...... your profit could be easily be gone in seconds. We are going for Lower Low and Lower High ....
Careful ------ Trade with Care.
There will always be juicy rebounds...
And when rebounds (powerful rallies) occur,
many will rush in to buy, because
they will be feeling very bullish...
Future Dow is green at 145. Hope for a technical rebound. Good luck.
risktaker ( Date: 11-Aug-2011 13:11) Posted:
| If there is a rebound.coming tomorrow make sure.u know.how to take profit. |
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If there is a rebound.coming tomorrow make sure.u know.how to take profit.
The Singapore economy grew 0.9 per cent in the second quarter from a year ago, slightly above the advance estimates, the Ministry of Trade and Industry said.
Because S'pore's GDP contracted 6.5%.
iPunter ( Date: 10-Aug-2011 10:52) Posted:
Today the HangSeng " chiong" (rebound) like no tomorrow...
but the STI drops down instead...
If tomorrow the Hangseng resumes dropping,
then STI most likely continue dropping...
but whether drop like sheet or not...
no one can tell...
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Today the HangSeng "
chiong" (rebound) like no tomorrow...
but the STI drops down instead...
If tomorrow the Hangseng resumes dropping,
then STI most likely continue dropping...
but whether drop like sheet or not...
no one can tell...
US ECONOMY IS SLOWING DOWN. RECENT REPORTS SHOWS THAT JOB CUTS HAS BEEN INCREASING.
WITH EURO.ZONE AND.US STARTING TO CUT THIER SPENDINGS. THE WORLD MAYBE HIT BY ANOTHER DEEP RECESSION END OF THE YEAR OR EARLY NEXT YEAR. IF THIS HAPPEN CHINA WONT BE ABLE TO SAVE THE WORLD ONCE MORE LIKE IT DID LAST ROUND.
BE PREPARED FOR YHE WORST. CASH IS KING NOW. THE ONCE UNTHINKABLE DOUBLE.DIP HAS A 50/50 CHANCE OF HAPPENING.
STI NEXT STRONG SUPPORT IS AT 2650. GOOD LUCK
Most Big funds have cash on hands now after recent sell off. Maybe some still hold 10-15% exposure in the market. Now they are waiting sideline to see the development before jumping back in.
However most funds are.more willingly to enter Chinese and hong kong market. Rather than the US. As growth will be.limited there now.
open the ticker and see today the numbers mostly red apart from some warrants ...
Uncle Ti 88
http://uncleti88.blogspot.com/
----
I trade using simple moving average and Commitment of Traders Proxy (COT Proxy) + some other special ingredients that Colonel Sanders will be proud of.
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its a shame that world.number 1 super power show its ugly side.of it politics to the world during their debt crisis debate.
America is like leading by 2 party. When 2 party totally disagree on the things should go about things will get delayed and turn out bad. I am pleased and happy with singapore political system. Thats why things get implemented fast and changed inorder to overcome obstacles.
Singapore has growth into an advanced economy thanx to our government. Singapore is one of the 15 countries.in the.world to have AAA rating.
Happy birthday Singapore. Even though STI is a bloodbath. Trade with care.
Huat ah. Singapore forever! a Nation strong and free!
Dow jone started its decline from 12724 on jul 21 till 8 aug 11444 close.
if we include its intra day low of 11139. it shows a correction of 1585 pts. which is around 12.4%
dow might find it support at 10943. if that breaks we will be looking at 9985.
Sti has a 98% chance it will have a technical rebound on coming wednesday. as fed and ecb will most likely announced something to calm the market.
i say the market is downtrend because the current global.environment is different from what we had in 2008. 2008 most advanced economy are in better position in their debt issue they are more and have the ability to bailout banks or stimulate the economy. also interest rate are pretty high in 2008 so they have another option to stimulate the economy by lowering the interest rate. In 2008 china is growing fast and furious. when crisis hit China cut the interest rate issue a stimulus package to its economy that work well. however look at the current situation. we had record low interest rate, we had record high debts in many advanced economy. Are they in a position to save the economy again? after spending trillions of dollars what has really changed? nothing but more debts.
i believed the world may eventually let the market recover.itself.
good luck.
still today is a good chance to buy. i execpt a relief.rally to kick in this week.
STI bottom after 3 weeks on 28 oct at low intra day of 1473 and close at 1666. after that STI went for a.consolidation phase.
risktaker ( Date: 08-Aug-2011 13:06) Posted:
| Sti worst drop is 2008 10 oct.
oct 9 2008 sti close 2102
oct 9 2008.sti close 1948 |
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