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STI will be down today... follow the Dow
STI end flat with lower volume, tomorro can see a better volume and may be up a little, just like DOW it goes up 1 day, then next day down.
I sense a cautious optimism in the STI (haha... starting to sound like a soothsayer)... the volume is looking slightly better. Hopefully it holds.
STI up 20 points on open.
But a cautious note again everyone... wait till afternoon to know the true trend today.
But a cautious note again everyone... wait till afternoon to know the true trend today.
Wonder how much STI will chiong today? My take is it will finish the day up at 2,460 .... Chiong for us today ya, STI!
STI 2,480- 2,500??, will have to wait a while maybe nearer to 4th Aug 2006 (Fri), about two-three days away from National Day Aug 9, 06.
STI 1day up another day down, this time coming Mon up again. Thk to Dow +117 points or 1.07%. Predicting sti going up by another 30 points on morning trade.
Right now only 413 million shares traded on SGX
Very slow day! All waiting for NDP
Very slow day! All waiting for NDP
Not doing too well today. The trading volume is just 289,581,410 now
STI mkt end of the day end flat to slightly down to 2,434.14
thanks cashiertan, I think the index will be down today.
agree with singgal, also take note that the chart are looking good and i expect STI to moved up gradually with correction here and there. However, War and oil price will distrub the momentum, if STI can cross 2450 and maintain it over till next tue, i am pretty confident the correction is over.
Looks like the Singapore bull is charging!
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Although the index is up today, the trading volume leaves much to be inspired. Its only 459,933,530 as of now. I would say the bear market is over when the large fluctuations are replaced by gradual and stable uptrend of STI supported by trading volumes of greater than 1.2 billion daily.
Difficult day ahead this week (interest rate not enough to stop all this) but can still see sgx growing, crawling back slowly and standing up but will have to din dong with DOW. Be-co's of
1) Conflict in middle
2) Oil px never come down but up oni
3) Unresolve old issue with Iran, N.Korea
Closed of sti 2406.31 -1.25 points and vol oni 840.5 mil shares, don look encourageing at all will go down a little when oil shoot pass US$78.40 & when Iran need more oil money to support Hezbollah.
volume is everything... if there's a price change but not volume to support it, its meaningless.