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Both IRs' effect on S'pore economy from now ...
http://www.remisiers.org/research//Singapore%20Market%20Weekly%20-%20citi%2011dec06.pdf
Above why Mumbai market down huge today ... STI still healthly! Shiok!
Just need it to close above 2,900 mark this week before the slow Christmas kicks in. Think STI retreated from today's morning high in wait for the FOMC meeting tomorrow.
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MUMBAI, Dec 11 (Reuters) - The Indian rupee fell to a 3-week closing low on Monday as dealers said the central bank had continued to intervene in the currency market even after its surprise move last week to tighten monetary policy.
A 2.9 percent drop in the stock market did not help sentiment either, although traders expect steady foreign flows due to an equity offering by Cairns India and Oracle Corp's bid to lift its stake in Indian banking software provider i-flex solutions Ltd to provide support in the next few weeks.
The rupee ended around 0.2 percent lower at 44.8350/8450 per dollar, its lowest close since Nov. 21 when it finished at 44.86/87.
let it cross 2900 pts firmly first, may be will test it this coming wednesday again if no negative susprises from DOW these 2 nights.
Not only possible... maybe we're in fact heading for it and beyond... albeit with "corrections". It has always been the case... it goes on beyond anyone's expectations... the market has a mind of it's own... that unknowable beast!
Consolidation is definitely healthy. I believe that the 3000 level is definitely possible.
But always beware of what analysts tell you. Take it with a pinch of salt.
After the recent spat of rallies and record highs and the US economy
showing signs of a slowdown, many cautioned that the market could see a
consolidation with the index trading sideways instead of the usual year
end Christmas rally. However, consolidation is healthy and necessary
breather before the market could trend higher towards the 3,000 mark.
- POEMS
showing signs of a slowdown, many cautioned that the market could see a
consolidation with the index trading sideways instead of the usual year
end Christmas rally. However, consolidation is healthy and necessary
breather before the market could trend higher towards the 3,000 mark.
- POEMS
China raise up even more 4.6%
this is obsence ...
OH NO, ANYONE KNOW WHY MUMBAI INDEX DROP 450 points now, 3.11%.... ANOTHER CORRECTION AGAIN?? please no.........
BROKER CALL - Singapore stock market to fall next year - Citigroup
we be entering the critical moment soon.. now must be trigger friendly .. any time got to sell.
Also, when you come back on land, the PigBoar will be welcoming you with is fat fat belly... hehe.. :)
Enjoy the solid breeze and the dolphins ... :)
Bull on power gear. Cruise to Jan '07.
Don't use speed gear, dangerous and stressful, just use power gear. :)
but the last weekend was really stressful!!! Thank Gard!
good boy!.... hehe.. :)
The market is fundamentally sound.
STI up
NK up
HSI up
wat the market after lunch.. in case what friday thingy happen..
trend is still intact for the moment but may have to expect some correction to the lower of the channel which is 2800. remember Dec is always correcting time for the nov rally and of coz expect the unexpected..
STI should be up today! Dow was positive last Friday!
ok let party at SGX on Moday!!! =)
Have fun guys
Have fun guys