Straits Times Index   

STI to cross 3000 boosted by long-term investors

A major correction is on the way.

What you are seeing is the A wave.There should be a rebound ( B wave) followed by the test of the low when the C wave causes panic going by  behavioural psychology( when greed turns to fear)

 

After this morning initial shocking down turn, trumping by more then 100pt or 3%, now seeing some penny turning abit greenish, but not on index stocks, blue chip maybe taking in those burn rate for the reat of today (FRI) trading.

 

Just a gentle reminder and also some expectation this week trading ended on lunatic week end, maybe next week also, come Mid Sept will be back again, a rosy picture.

Hope Newmoon can paint a better forcast (pic) come Sept07  

newmoon	Posted: 26-Jul-2007 20:26
* Alert Admin	Full moon is a couple of days from today. Markets tend to be a bit  crazy and weak( the term lunatic is derived from the word lunar)around this period-markets are irrational and charts are useless as you tend to see what you believe and not believe what you see.

 

STI drop by more then 100pt is now slowly climding back to -88.36ot, just following DOW w/o due regard to it small Singapore economic data coming out, however small S'pore economic is very much intact, it was due to the ppl's in US worrying too much over it Sub-Prime woe...that will somehow effect their housing prices...STI is now still slowly climbing up now to -86.39pt.

 

yea Centaur ...probably working too hard just to see the stocks...but not working at anything to sell nor buy today..UOBKayhian is alright now..must had been the initial stages of jam...Sporeguy is probably quite right on his point...heard from other technical experts about this too`

 

hi cyjjerry85, u must be working yr stocks too hard.. thats why..

My uobkayhian still ok as of now... what a sea of red...

 

STI below 3500 is a very good opportunity to buy. It is at MA89 (approx). The last time it was at MA89 was 5th Mar 2007.

 

incredible dip of the STI~! wow...this morning the brokerage houses servers must had been quite a lag ...my UOBKayhian even hang...LIM & TAN just lags too

 

wow, first few mins down by more than 100pts, shortist hard at work today..

 

if dow end tomorrow below less than 100, it is most remote...down by less than 200, can consider conservative...anyway 2morrow is shortists day thru-out asia except china....so wat to do?....sell first thing 2morrow morning ah?

 

If DOW continues to be in the minus 100 by the end of US trading day, tomorrow may be a RED Friday for ASIA. ~

 

Full moon is a couple of days from today.

Markets tend to be a bit  crazy and weak( the term lunatic is derived from the word lunar)

around this period-markets are irrational and charts are useless as you tend to see what you believe and not believe what you see.

 

Ya sorry its tomorrow... my bad..

 

 

DBS GROUP HOLDINGS FIRST-HALF 2007 FINANCIAL RESULTS

SINGAPORE, 27 June 2007 - DBS Group Holdings will announce its first-half 2007 Financial Results before the trading marketing opens on Friday, 27 July 2007.

The financial statements and press release will be available on SGXNET and DBS' website www.dbs.com/investor. A media and analysts briefing will be webcast 'live' on www.dbs.com/investor at 12.30pm, Singapore time on 27 July, 2007.

 

Its before the trading marketing open wor..not tonight lah....

 

UC2028

where did you get the idea that DBS 1st half result is going to be out tonight. This is surely not their usual practise. They normally post their result during lunch time..could there be a wrong information passed down?

 

 

DBS 1st half year results for 2007 gonna be out tonight.. Wonder how the results gonna shape up..

 

 

Thanks, shplayer.

 

it just isn't blue chips day...

 

1234567,

I think GS talking rubbish....attributing the sell down to the possible tsunami.

It is probably due to the June factory output that has fallen 9.4% mth on mth. 

Biomedical was bad and the biggest contributor of the fall at -46%.

Chemicals  showed marginal gains of 2.5% due to plant shutdowns.

Electronic was flat @ 0.7% and Precision Enggr -2.3%.

Transport enggineering was the star performer with 37.7%.

 

Waa!!! Took a nap and STI oso napped with me ah...