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67881-67900 of 69565
Correct upward?
Are you assuming the STI is on a downtrend?
I would have thought it is still on the uptrend after the Feb/Mar fall.
Agree with Cashiertan...
Actually, they should rectify the charts since it is an inadvertent mistake, so people will have a correct chart (and indicators )to work with.
Possible retracement for STI. Nothing to worry about at this point of time. Construction industry is usually seen as a leading indicator of the direction of the economy, and it's currently growing strongly.
haha cashiertan, which indicators do you use??
Daily wriggles and pullbacks are the normal occurrences in any market.
By correction, I meant a big fall after a long, fierce run-up, such as the one we just experienced in end-Feb/early-Mar.
Since that market correction came in Feb/Mar rather than in May itself, I would be inclined to think that the market bulls are impatient so 'created' that fall to shake out the frivolous players earlier than they had figured.
That correction perhaps created the next phase of a strong healthy bull market... :)
I agree...
The correction already came at the end of February...
One month earlier than many had anticipated (ie. May 2007)
The bull continues hence, as can be seen so clearly from the chart.
Utrameg,
I guess you just came out from a meditation retreat with the Venerable Dharmapiya... :)
chipchip66...
Yes... agree ..with you so much... :)
Basically, the game is a tussle between bulls and bears, nothing more nor less...
So then our 'duty' is to guess which side is going to stronger.
Livermore...
Thanks for the tips... :)
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Posted: 25-May-2007
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Even after Olympic 08 is over, the Chinese long, long have plan what can happen, so they do something up..to softer tha ground for a soft landing, maybe this time lower their interest rate, let go abit more to liquidate their yuan, float more Yuan $$$, give HK bourse a boost, ppl's to buy share, alot and alot more then can do or even come out with a big confident word like another world biggest IPO to boost the market.
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Hi IPunter,
Sometimes it is not good to buy "cheap cheap". I won't buy Magnecomp, Fu Yu, Meiban although they are "cheap". Look for stocks that have potential go higher. Now it is time to accumulate on oil related stocks.