Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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jackjames
Elite |
23-Oct-2008 08:28
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today 1800 points will be broken... opening 1750, closing 1730 points... today it's time to buy for dead cat rebound, yahoo !! | ||||
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aleoleo
Master |
23-Oct-2008 08:12
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G20 leaders to meet in US on financial crisis WASHINGTON (AFP) - - Leaders of the world's richest nations and biggest emerging economies will gather in Washington on November 15 for an unprecedented summit on tackling the global financial crisis, the White House said. Will this help ? maybe yes maybe no.......... still another 3 weeks time from now....... Market will free fall all the way ??? |
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pointer
Senior |
23-Oct-2008 08:09
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Dun think we can hold the 1800 level. Any stocks will be cheaper tomorrow.
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Blastoff
Elite |
23-Oct-2008 07:33
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DOW down again by 514 points! Will STI follow suit or reverse the trend? ![]() |
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iPunter
Supreme |
23-Oct-2008 07:04
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You are on the right track... :) Buy only when the meat is gone... And then hold for a couple or more years hence... that's true investment.
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iPunter
Supreme |
23-Oct-2008 06:57
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The concept of isolation is no more valid in today's world. |
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novena_33
Veteran |
23-Oct-2008 06:04
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they cant say is diarrhoea mah...... later scare everyppl....so they say is cold lar.....
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Livermore
Master |
22-Oct-2008 22:09
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Blue chips got "meat" to go down. Those reduced to nearly "bones" and near 20c, 30c etc not much meat left | ||||
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Hippo1
Member |
22-Oct-2008 21:59
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I thought our MM Lee said few months ago that this time round , when America sniff, we will not catch a cold. Wow, this time, i think we have diarrhoea not just cold. |
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lookcc
Master |
22-Oct-2008 21:58
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charts also show [converge] that if sti breaks 1,800 it wud uptrend from 1692.....this is 4 info only, hence buy or sell entirely ur choice.....tis is not a buy or sell call to any n every person...buyers beware....sellers also beware...u r forewarned. | ||||
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Livermore
Master |
22-Oct-2008 21:41
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Let's see but I doubt. Next year is expected to be worse.
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lookcc
Master |
22-Oct-2008 21:29
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consolidated charts show sti is nearing end of wave 5 n if goes uptrend from 1,800 pts, then it is end of wave 5. |
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Livermore
Master |
22-Oct-2008 21:18
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If I am not wrong, we are just in wave 3 of this downward trend from STI's peak at around 3900 | ||||
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idesa168
Elite |
22-Oct-2008 17:42
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I have a feeling that DJ will not plunge tonight. It looks to me that it will be a volatile session, to end in green or red is unknown. There are no bad news or good news tonight. See the DJ futures, it's quite uncertain of the direction. Just me view. | ||||
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AK_Francis
Supreme |
22-Oct-2008 17:37
![]() Yells: "Happy go lucky, cheers." |
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ha ha nowadays, STI single day drop over 100 is not uncommon over the passed mth liao. I think most traders alrdy used to it loh. EU now red. DJ 2nite got pressure liao. If DJ down again, STI 2morrow dives again. look like easily break 1800 on the last 2 days trading of the week. | ||||
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CWQuah
Master |
22-Oct-2008 17:25
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JJ, I've yet to calculate beyond 1692. My personal practice is to look at +/-200 pts from present levels (I did the b/m calculations while STI was ~1900) for the potential projections because anything beyond that, really not much point to project (too many global variables, plus other short-term supports/resistances will come into play). Then again, now that STI has made yet another new low, might be really interesting to see where it goes tomorrow. 'Magically' STI tested 1813 with a day low of 1809 today b4 closing at 1821. I've got a weird 'feeling' that somehow, it will actually be green tomorrow. Check out the trading volume today. But do note it's still way too early to call for recovery. Caveat emptor pls.
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AK_Francis
Supreme |
22-Oct-2008 15:16
![]() Yells: "Happy go lucky, cheers." |
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Yesterday investment house said 1500 by 1H 08. Just hear say loh. Nowadays, really can't predict how the market goes. DJ up, STI down. DJ down, STI down???? |
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jackjames
Elite |
22-Oct-2008 14:15
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if 1692 cannot hold, what's the next support point?
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CWQuah
Master |
22-Oct-2008 14:12
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Just to contribute to the posts by JJ & Livermore below. 1700 is a psychological level. The ones of potential institutional interest are 1707 & 1692. 1813 should be another level to be tested TODAY. All figures quoted are based on Fibonacci extensions. Frankly, mkts obey certain degree of orderliness. |
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jackjames
Elite |
22-Oct-2008 13:59
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true..... i think STI will drop shit later, Nikkei drop to 6%. now... I would expect STI dropping a lot more later , let's watch.
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