
i still believe this is the start of build up to a mid-year rally end of June 09.
Coal price is expected to trend upward as demand for coal remains strong. Beneficiary of strengthening coal price would be Straits Asia Resources. SAR’s FY09 earnings will remain strong, with promising FY10. Its expansion plan to boost production by enhancing its infrastructure capacity is also on track. Maintain BUY, TP: S$ 2.26.
From: DBS Vickers Research
4.6M Buy up and 4.2M Sell down, looks like the Bull is winning, lets load up....
looks like this week the shows starts in the afternoon. Let's hope it can move upwards.
I heard from the news too that oil price is up and US market was up yesterday.....so "JIA YOU" STRAITS ASIA

Oil is up at 71.48 Coal should follow closely
My insights on the market pull back
by Larry Edelson
http://www.uncommonwisdomdaily.com/the-pullback-in-stocks-gold-commodities/
sorry, i meant above 70 points.
buysell ( Date: 19-Jun-2009 00:23) Posted:
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if dow closed above 7-pts tonight, what do you think would be the day high for 19 june fri?
Recover will come but not within weeks. STI resistant is at 2200.
It is not surprising that SAR will lose steam, stocks like ausgrp has also fallen today...dun lose hope yet. Might jz be a bear trap. As quoted by others, with the increase in oil px, more will turn to coal as an alternative. =)
Is starting to slide as shown in the chart. For those that play contra, better dump. I already dumped mine yest, heng with some profit.
this fellow has lost its power steam to go up anymore liao .... huge trading qty today .... keep selling down ... doesn't look good anymore to me.. if this continue, should be below 1.6 very soon.... hopeless
is it...oh no...lose some $$ on capitaland today..if this counter going down more..sian+ sian...
Very likely to hit $1.6 and below
just load some at 1.68...hope there will be rebound tmr
Sigh, the instant I buy at 1.80 yesterday, never see the price goes above that anymore. keeps dropping….seems like losing “power” already.
This fellow is sliding down fast !wonder whether to cut losses…..tomorrow could be worse ?
what is coming back?
stormwatch ( Date: 18-Jun-2009 14:33) Posted:
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Is coming back !
Hehe, sori if hurt u !!!! Tis is life lor, i small investor gana short dwn dwn by big fish !!!!!! Happy go lucky bah, angry aso useless....dun affect family mood !!!!
rachael ( Date: 18-Jun-2009 12:54) Posted:
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