Straits Times Index   

STI to cross 3000 boosted by long-term investors

HSI loosing steam, up only 57 pts, Nikkei closed down 116 pts. DOW futures down 31 pts.  STI down 16 pts. Not very prospective.

 

newmoon, any input regarding short n mid term sti index?

 

 

Market in East Asia bourses is still cautious with Nikkei leading the fall. by 176 pt

 

ST index open down in the red this morning -23 points to 3,071 pt, today is Friday, (still on profit taking for index stocks).  

 

It was stated somewhere in WSJ that Warren Buffet had 3 (if I remembered correctly) potential candidates. And one of the criterias was like he/she must be much younger that him..

 

Alamak! if i have that kind of qualification, i am going to be presidential candidate for next presidential election, shaking legs in the Instana far better than being buried in the cold hard cash ......  agree ?  haa haa :)

 

hahaaha...how to apply ?

send CV to him tmr. :p

 

• Genetically programmed to recognise and avoid serious risks, including those never before encountered
  
• Has independent thinking
  
• Has emotional stability
  
• Has a keen undertstanding of both human and institutional behaviour

 

• Genetically programmed to recognise and avoid serious risks, including those never before encountered
• Has independent thinking
• Has emotional stability
• Has a keen undertstanding of bot human and institutional behaviour

 

Dow is now up 17 points. Hopefully it stays in the green.

 

Sorry to those who lost money...but I learn many years ago when I was still wet behind the ears that the stock market has no mercy. I too lost a pile then but I learnt my lesson over the years. I now buy only stocks with good fundamentals and dividend yields and never to buy on contra or margin.........and to buy more when others are throwing in panic. Remember the Chinese word 'Wei Ji' translated meaning opportunities created by crisis. As they say, no pain, no gain, no crisis, no gain..

To those who lost money, don't loose heart. Your time will come through experience. Cheers!

 

spurs88, you may have your days now, your postings have no respect for others' sensitivity. One day you will get your own medicine.

 

Wah...these are happy days man.........yesterday bought low, today sold high.........market turmoil is shiok man.... please continue..........for me to make more money...hee hee

 

Don't forget some investors are on holidays. Vol may increase next week.

 

agree.. volume is not suffice.. however, i think downward dip is not as deep as before. can see the bear has lost some steam

 

I believe today's rebound is only a technical one. The volumes are pretty low at 846 million shares but quite broad based (314 advances to only 90 declines).

STI may still vulnerable to further shocks.

 

Morning gains have lost steam... I guess that it would end around 30 points up

 

anyone know where can find good techinical analysis for STI Daily?

 

Wat I was thinking is to have a new playground to accomodate players who like to short and contra. So far CFD satisfies contra players but I have yet to see another new playground for shortists.

By having a separate playground to accomodate to different kind of players it is a win-win situation for all parties. Currently all kinds of players are playing in the playground to the extent some are being pushed out due to too limited space.

I am looking for a fair playground for all parties. That is naive? Maybe it is but sometimes naive thoughts merit some consideration too. Ok mine is lousy proposal. Please ignore my suggestions then :)