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STI seems more subdued now leh
Watch out for US Federal Reserve meeting on Wed...
market moving as expected :)...good luck
Good start, Nikkei up 200 plus
DOW looks heavy..
It is going for 3,500 in coming day........
Straits Times Index Last:3,485.76(+35.12 pt) Vol:3,790.2 million shares
The smart investor who employs the strategy of buying STI stocks would have profitted tremendously when STI index soars while other shares are languishing. Blue chips are still the surest best.
When the mkt corrects, it's the overvalued penny stocks that will take ages to recover. As most pundits will tell us, in any mkt correction, (not a prolonged bear mkt), value investors will not be hurt coz their stocks will rebound in a matter of time. If the mkt never undergoes a correction, all contra players will be making money, and the short sellers will forever be burnt. Most important, to avoid being burnt., contra or short selling is to be avoided..
market moving as expected "creeping up"...no particular event for 11th May but based on our market movement....good luck
Hi1 Victorf, You mentioned that the market should be alright until 11th of May and after that it difficult to predict. May I know why 11th of May? Any significant event taking place? Please advise. Cheers!
Dear victorf, yest closed up at 30+ points leh, or r u referring to the intra day high?
Eye of the sour grapes and you never know who is naked unless the tide is down...i repeat again that the market will creep up till 11th May since the post on 27th May....the day before up 50+ points, yesterday up 50+ points, and today ?? is clear but some people in clear denial...the crash of China stock will come but not yet so soon till near the Olympic and one just need to be nimble...good luck and not for contra
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as expected market pivot around apoint 3400 for past two weeks till 27th April which is today (boring market)...however, the uncertainty will end today and continue to creep up till 11th May for two weeks of good trading...buy on dip on good stocks (at least the market will be safe till 11th May) and good luck :) |
if 30% south then many badly burnt.
Another wave of adjustment is at the corner. China hit a new high last day before 1st May long holiday. It is really not fun when you see 70+, 80 years old folks siting in some stock exchange VIP room in China looking at screen. Today ppl said "if China sneezes, world goes to nearest hospital." Just be cautious. You were safe if you still have some gain should hit by a 30% downturn. Good luck !
It is going to test 3,500 B4 any profit taking or any correction come with a pause and even thou...again it will renew it bull run again, just my tot to hit above 3,500 when d next bull arrive...
if n when market goes south, hope less ppl get burnt.
I think most of the volume that is traded on SGX is due to small caps. A lot of retail players in the market now. A totally different situation from the one in February.
All the small cap are shooting now. Will Goldtron be the next counter to shoot up? The price is relatively low and it has a lot of room to move up. Now is only 3.5 to 4 cents. If buy now, can make a good sum if it shoots up to 7 or 8 cents. Anyone can give your 2 cents advice.
Wow, look at the volume today, I am alittle shock with the BB. All the small cap are in the TOP VOLUME today. Take alook around 10 of them... Is heart attack time~~~
we do not mean that market will cheong only till 11th May but after 11th May, we are not certain about the market direction as it may carry on to creep up or reverse down (market too dynamic to make judgment for short term investors, but easy for mid and long term investors)....we will update during that time then...as posted last time by us that the market will cheong till 16th April and the period from 16th till 27th April is uncertain (incidentally the big plunge of near 100 points occurs within this period while pivot around 2400)...as of 27th May, we say market will creep up till 11th May for two weeks of good trading...good luck
