SGX    Last:17.5    -0.13

SGX

ya man,..............6.50 on the way boys

 

I tend to agree with you...

I am ready to short once it gets below 6.80....

 

More likely to drop further...

 

Technically, SGX's bounce @6.80 from a major trendline 'platform' can mean a good follow-through upward in teh days ahead.

Or... if it penetrates below the 6.80 line in the days ahead, it can mean more gradual downside too.

So either way, taking your gains from the table is best under the circumstances (of uncertainty on the economic scene)...

 

168, snap shot, just back fr kopi tiam, though no soccer tonite. anyway, life is short, u hv to consider what u want in yr life time, esp one of your leg alrdy in the cof........... AK always follow the old prophet's phylosophy.

 

wow...uncle! I am impressed that you are so romantic...LOL! Better go lim kopi and watch football at your kopitiam then to get romantic with SGX. If not, dun ever think of retirement...hehehe!!!

AK_Francis      ( Date: 27-Jun-2008 17:51) Posted: ha ha, had decided to abandone this kid when it betrayed me few incidences since 2 mths ago. However, still keeping one filiar son. though it will not support my retirement but there is one chinese romance saying " though we can't be forever together, but once upon a time, I was with u before" . ayah, just to console ownself only lah.

 

ha ha, had decided to abandone this kid when it betrayed me few incidences since 2 mths ago. However, still keeping one filiar son. though it will not support my retirement but there is one chinese romance saying " though we can't be forever together, but once upon a time, I was with u before" .

ayah, just to console ownself only lah.

 

This has been such a consistently lucrative counter to sell on the rallies...

A hundred+ bucks a day sure bring in the smiles.

 

Wise choice to sideline...go lim kopi and your $$ is still in your pocket

HLJHLJ      ( Date: 27-Jun-2008 11:33) Posted: Support broken! I'll wait for a while and stay sideline. very unpredictable.

 

slight turning down again at 44 since after 42 around 11. as posted earlier, it may follow yesterday trend, morning up pm down. moreover today is last day of the week and DJ tonite performance uncertain. stay sideline is viable leow.

will go for early lunch leow. cheers.

 

Support broken! I'll wait for a while and stay sideline.
very unpredictable.

 

I think it's critical to examine what made SGX worth more than $8 previously. Only if BOTH FA and TA analysis derives a valid reason to justify SGX's price above fair value, would this stock be worth buying.

FA - look at SGX trading volume for the market since Jan 08 - how much clearing fee revenue do you think it's earning? What about the overhyped source of income from the revamped FTSE STI? IPOs? Is TSE still holding a 4.99% stake? Any more sexy stories about exchange mergers/cross investments? Is it even a good divvy play? (Remember the 3c div??)

TA - Still downtrend. I don't see any consolidation yet. Lower lows almost every day. So sidelines for now.

 

 

will see 6.80 very soon..........stand by 

 

yoh, sw off the screen since 1100 this morning, as expected the market will be quiet. just back fr kopi tiam for some updates and see any input fr sifus at SJ.

 

 

sifus comments were right, don't rub shoulder with this burger at this moment. see other counters could be much viable.

 

Hey, snapshot man! My support level mentioned days back was right!
Many analyst did not recommend this due to low trading volume. You never know, it might just wake up. TA shows some good signs. Suppport is consistently at 7.2. MACD shows a buy. Only problem is Williams and volume still not buy confirmation yet.

I'll wait for a while.

HLJHLJ      ( Date: 20-Jun-2008 00:18) Posted: Might move a bit next 2 days as oil is dropping. I think support is at 7.2

 

Do you see that, market is slowly recovering from -45 to -20 in the first half day although everyone thout it will be bloodbath again as down -220.. If no much bad news it should temperoraly rebound

 

traders still very cautious. may see some light after EU soccer grand final, end this mth.

 

Looking goooood. :-P