
Suggestion is to cover.
according to my friend. Major correction/pull back will come around DOW 9700-9750 and for STI will come around 2790-2850.
Which will drop it back to DOW 9500-9550 range and STI 2650-2699. STI might reach 3000 Year end
cyjjerry85 ( Date: 05-Aug-2009 04:03) Posted:
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DOW has cross 9300 mark.
At 3pm before closing, funds manager went in to sweep up stocks which resulted DOW crossing the 9300 mark. According to one of my friend, who is an analyst. "DOW Crossing 9300 and based on today's closing move - the market is in track of another Bull RUN for AUGUST.
CHEERS for all.
so how's ur boss faring now...u mentioned 9300 right...it just closed above tt point hitting a fresh 9-month high
handon ( Date: 04-Aug-2009 22:58) Posted:
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cheongwee ( Date: 05-Aug-2009 00:17) Posted:
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dow 9800 is coming....so is disaster...very soon this place will be graveyard...

Let me forecast: DOW to be flat at end of the day.
(Hope tomorrow wake up, my forecast is right, cheers. Better than that best)



DOW opening with a mild drop .... personal income fall ... Europe still in RED, not hope to close green but with littile bit of correction ...
so that everybody will say --- this is a healthy correction --- more upside to come after this ...
my boss said later will not fall big.... tomolo maybe.... see how trade how...
hehe...


i think also besides the DOW getting triple gains...credit must be given to the Nasdaq hitting past the psychological 2000 points and S&P500 going past 1000 points (which is seen as 9 mth high)...both psychologically numbers broken upwards
shall hope for DOW to go past the 9300 for a greater boost...just tt it seems to be backing off hitting near tt number a few times
williamyeo ( Date: 04-Aug-2009 04:31) Posted:
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