Straits Times Index   

STI To Cross 4000

It makes no difference, market is so dynamic and complex!

des_khor      ( Date: 20-Nov-2010 10:27) Posted: Haha... want to take profit ?? they should silently sell and not to tell the whole world.... soloman      ( Date: 20-Nov-2010 08:50) Posted: TODAY S.T FUND MANAGERS SAYS THEY ARE TAKING PROFIT FOR YEAR END ............................

 

But then, it could be true...

     that these paricular fund managers

         have made enough money during the big recent  run-up...

             They would thus be happy leave the market to others...

                  for the time being at least ...

des_khor      ( Date: 20-Nov-2010 10:27) Posted: Haha... want to take profit ?? they should silently sell and not to tell the whole world.... soloman      ( Date: 20-Nov-2010 08:50) Posted: TODAY S.T FUND MANAGERS SAYS THEY ARE TAKING PROFIT FOR YEAR END ............................

 

Technical Analysis on STI

STI index began to pullback to the immediate support of 3215 due to recent talk of policy tightening from China.

1) In weekly charts, a black candle sticks with lower shadow affirms that market pullback and remain supported at 3215.

2) The weekly trading volume falls as the holiday season mood kicks in for Singapore.

3) MACD and RSI indicators are bullish as RSI remain trending upwards.    

4) STI is currently supported by the resistance turned support at 3215

5) As long as STI maintain above the 3215 support, we would remain bullish since 3215 is a very strong support for the market.

Important resistance of STI: 3264 (Daily charts)

Immediate Support of STI: 3215 (Daily charts)

MY tactics: As mentioned in last market outlook, 3215 is expected to be a strong support. At the current level, we would not exactly feel SEE MORE HERE

 

Haha... want to take profit ?? they should silently sell and not to tell the whole world....

soloman      ( Date: 20-Nov-2010 08:50) Posted: TODAY S.T FUND MANAGERS SAYS THEY ARE TAKING PROFIT FOR YEAR END ............................

 

TODAY S.T

FUND MANAGERS SAYS THEY ARE TAKING PROFIT FOR YEAR END ............................

 

STI could be poised for rebound next week.the stochastics is looking bullish.


 http://sgsharemarket.com/home/2010/11/sti-retracement-reversal/

 

Hi Alex ,

Can share which counters are you look at ? Singtel can fishing now ??

alexchia01      ( Date: 19-Nov-2010 17:27) Posted: 19 Nov 2010 – STI close Down at 3197. Bear Correction. Next week we enter the last Full Week of the Month. STI may be flat in the early week and could rise in the later wee due to Month-End Window Dressing period. The question now is… would STI continue to climb in December or fall hard. At the moment, it’s difficult to tell. However, there are quite a few counters beaten down hard by the current Bear and next week could be a good time to load some of them. This is just my personal opinion. You invest at your own risk. Good luck.

 

19 Nov 2010 – STI close Down at 3197. Bear Correction.

Next week we enter the last Full Week of the Month. STI may be flat in the early week and could rise in the later wee due to Month-End Window Dressing period. The question now is… would STI continue to climb in December or fall hard.

At the moment, it’s difficult to tell. However, there are quite a few counters beaten down hard by the current Bear and next week could be a good time to load some of them.

This is just my personal opinion. You invest at your own risk.

Good luck.

 

18 Nov 2010 – STI close Up at 3215. Bear Correction. SHORT.

Overall, STI is still Bearish. However, there are not much counters to short. Tomorrow, stay on the sideline. STI could be moving sideway for the next few trading days before month-end window dressing, then it may rebound slightly.

2 Weeks of Bear follow by 2 Weeks of Bull. Now Bear again? It’s difficult to do swing trading in this kind of market condition. However, we must still trade because we don’t know when the Strong Bull or Bear is coming. Although, you don’t make a lot of money now, but you don’t loss a lot of money either. And when the strong trend starts, that is where we make the real money.

More on my Blog Alex Trades.

This is just my personal opinion. You invest at your own risk.

Good luck to all.

 

I love Mee Pok at kovan market.... sometimes kenal free Mee Pok in the market as well....

iknownothing      ( Date: 17-Nov-2010 21:28) Posted: u mee pok lover???   des_khor      ( Date: 17-Nov-2010 21:07) Posted: Oh no... so scary now.... now mee pok also can't eat laio... at night can't sleep.... how... what to do ??? the market going to end.....

 

u mee pok lover???

 

des_khor      ( Date: 17-Nov-2010 21:07) Posted: Oh no... so scary now.... now mee pok also can't eat laio... at night can't sleep.... how... what to do ??? the market going to end.....

 

Be the opposite, when others sell, buy...Tomorrow Q big for  GenS

 

 

Oh no... so scary now.... now mee pok also can't eat laio... at night can't sleep.... how... what to do ??? the market going to end.....

 

I keep buying instead!

iPunter      ( Date: 17-Nov-2010 15:34) Posted: The market are really scary now...     No matter whether one is bull or bear, it is a highly risky time...        HK and Shanghai are really pengsan and lao sai big time now...             I expect Europe will also be pengsan when open .

 

CHINA STILL HAS NOT RAISE INTEREST RATES YET ,,,,,,,,,,,,,,,

ANOTHER PIECE OF BAD NEWS .................

 

The market are really scary now...

    No matter whether one is bull or bear, it is a highly risky time...

       HK and Shanghai are really pengsan and lao sai big time now...

            I expect Europe will also be pengsan when open .

 

HANG SENG -371 NOW

TOMOLO STI WILL PAY BACK HEAVY AS DROP IS TOO LITTLE ....

SHORTISIT PROBABLY PLANNING NOW .........................

 

hahaha a trader never fears.. He OBSERVES.. U will be rewarded well if u OBSERVE carefully.

Anyway just to share with u guys this youtube clip.. I learn quite abit from this China guy.

http://www.youtube.com/watch?v=HCk4SP0fRb4&feature=related

 

haha e moment i posted this i expected this reply. a trader is a trader...trade during bulls or bears...thats why they r call a trader haahaha..

ah_seng1001      ( Date: 16-Nov-2010 23:05) Posted: U r absolutely right !! The market is the resultant of bulls n bears n what have u clashing together. A beautiful piece of work. I love u darling. hehe iPunter      ( Date: 16-Nov-2010 21:30) Posted: Nope...     Traders don't hate anything...        They simply love the market for what it is...

 

U r absolutely right !!

The market is the resultant of bulls n bears n what have u clashing together. A beautiful piece of work. I love u darling. hehe

iPunter      ( Date: 16-Nov-2010 21:30) Posted: Nope...     Traders don't hate anything...        They simply love the market for what it is... yummygd      ( Date: 16-Nov-2010 21:27) Posted: traders hate e word correction huh..