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STI will touch 2000 points
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Took a quick look at my little note book, my sketch of STI (done about a mth ago) will reach the target of 2580 around 5th or 8th Sept. Another 46 pts to go, sad to say. Using Fibonacci retracement, this c wave may reach 2166 ! Another 460 pts from 2626, another 18% to drop in 2 to 3 weeks period. |
1000 would be hell on earth. Keeping fingers crossed. Anyone here care to share about how the sentiments were like? or volumes?, during those late 90s slam? just curious, wanna know from some long time day traders.. :)
x fingers loh.
mayde can reach below 1000 like 97 !!
dunh think will hit 2000 dump. with in next 2 week. if not that the lower it can went
2500 might be the last support for STI. Anything below that level, no eye see. I see that sellers are quite done liao for the whole of this week. Dropping is easy than climbing since some of the investors who had bought higher will want out and once opportunity come their way (mkt rebound), they sell to reduce loss, hence creating resistance along the way!
STI 2506-2612 on Monday. > 2612, bull. Else, still a dead mkt.
I have colletced more shares past 2 days
2000 ........not possible.........lah
2300 ....... maybe......
2400 ....... very soon.....
2500 ........ next monday .........
With DOW down at this rate, 2000 for STI is reachable...
As AK posted earlier, global markets are gonna be hit hard liao, symptoms preveil loh.
The Chinese wise saying, "Wind Blow Grass Move, Grass Wood Seen As Soldiers".
Proverbs simply mean, u see silhouette middle of the nite at the void deck, esp during Ghost Festival.
Anyway, dun worry lah, u will hv your good day loh, just be patience and vigilant.
Heard from some gurus that STI will drop to about 2000 points, don't know whether to wait or not.
