
i have been buying sti call warrants after lunch, around 230pm for the past week, whenever the dow goes down heavily. i must say the sti almost always recovers around 0.5 - 1 percentage whenver there is a heavy selldown. Its also market psychology, the selldowns recently are more sentiment fuelled rather than based on fundamentals.
Up.... its coming.
STI threading sideways now from 3pm-3.30pm...once it breaks out of 3445 mark...it should set a benchmark
Yup, you are so right.
Looks like a purposely programmed sell down by BBs...
will it rebound back up a bit more after the 3pm mark? we shall see......so unpredictable in today's market nowadays
Anyone know what is the median or mean volume for STI ?
Looks like there is a systematic (purposely) downtrending the price as can be seen in the small no. of buy and small no. of sell.
the force is strong.. viscious downward spiral.. ouch!

Huuuuuray, its falling...142 points down. Many will be licking their wounds today. Let hope that this is a correction and tmr will be a better day. This is surely oversold....
Hi KiLrOy,
You are right, do not try to caught a falling dagger, you will bleed more.
Don't try catching a falling knife~
and i heard another analyst said 20% correction for the DOW....each its own view
who are still bullish???got an analyst said the dow got some 15% correction...that is dow at 11500..hold or sell...any view consider..
Even currencies are not spared. Its an amazing sight to see EUR/USD and USD/JPY dropping in tandem. The 68% neg monthly correlation is gone in a flash! What a sight!
05:15 AUD/USD: Continues To Fall As Equities Look Uglier Sydney, August 1: Equity markets throughout the region are getting clobbered and this is making holders of carry trades more nervous by the minute. The AUD and NZD have been sold off this afternoon and the AUD/USD is not far away from Monday"s 0.8460 low. A break below 0.8460 targets the 38.2 fibo of the year"s 0.7682/0.8871 low/high at 0.8415/20. The AUD/USD trades 0.8475/80. --john.Noonan@thomson.com
Hi Savvy, I missed out the word is in "If this is Wave C, then Fibo target is 3440, support at 3420 MA100 is about 3460" bcos moneymaking questioned "could this be Wave C ?".
The sky still cloudy...better stay clear to avoid burn...just my feeling
i am sure some fund manager will said in news that this has over sold market.
"seow liao" STI is heading south. it is currently down 89 pts. Lot of stock is oversold. time to accumulate.
Sporeguy,
can advise where your Wave A commence and how you deduce it to be Wave C now?
Now already 3463. Limited down side ? Buy now and keep will make money. BB will come in sooner or later.

If this Wave C, then Fibo target is 3440, support at 3420 MA100 is about 3460.