Straits Times Index   

STI

wonder how will the volume be like for STI after CNY

 

Correct - at G7 meeting, only $100b write off - German Finance minister

Total is $400B - alot still hidden by these culprit banks

And now they have to show their audited accounts in 2 or 3 months time

Big drop or panic in DOW at that time

 

Jialat....how much more can the Fed cut the rate....their action only confirm one impt facts, that is the economy condition is very baddddddd...

 

 

Rate cuts are no longer having the desired effect. In contrast, more rate cuts will only increase the possibility of inflation in the US. 

In short - the US economy is now si bei jia lat !! 

 

With DOW down 2 days, STI will not de-couple, Should be down

Now rate cuts wearing off

More impt, when the hedge funds or banks sell, we have a repeat viscious down turn

Uncle FED will come in again & use up more bullets then

 

Monday will see Red again??? most probably so....

 

Hi Brendan982201,

Thanks for reading the article. The technique works well on most counters. However, please note that it doesn't work on counters that have low volumes and are penny stocks. Having said that, sometimes it also doesn't work for some stocks that do match the criteria.

Therefore, it is important to do back testing - meaning you look at the charts in the past year for the counter to see if it follows the rules. If it does, chances are, it will continue to follow the rules.

As for my portfolio, I am mostly out of the market now. Have been staying away ever since my holiday in December. Too volatile and risky for me right now.

 

Even with the sharks fin soup and stewed abalone laid out in front,
it can be expected appetites would be much subdued...
Or indigestion felt after...

 

i m pretty "positive" we will be very red on Weds...wad a start to reunion dinner (churning stomachs) ...a dive below 3000 is what the STI is definitely looking at...

terrible news from the States...we are into recession

 

Europe down by more than 2% while Dow 1.6% as of now....

 

Sure red tomorrow as Dow and Europe market are in the red again....

 

To SIngaporegal,

Happy New Year to You! Do you trade any stock recently? if yes, which is your profolio? I read your "TA confession" with interest..it seem to apply well for Chinafish on 1st week of Jan[3Jan 2008] when trend show downtrend, care to comment? Much grateful tohear more of your enlighten idea and thoughts, thanks!!

 

I think tomorrow sure drop again. STI is like a see-saw

 

STI up strongly but the volumes are still relatively weak. 

 

DOW was up despite the weak economy data due to yahoo, it is still uncertain what next for DOW unless there are few more "YAHOO" news....

ASX has attempted to break 6000 this morning..

 

a possibly yes in my view and i think many others will also agree upon

 

Monday will be a Rally?? :)

 

yep...6 Feb will be half trading day between 9am-12.30pm

 

Am I right  that CNY eve will be half day trading also?

 

Banks trade sideways with downwiad bias

Banks constitutes STI much

Of course STI will be the same

When banks reach $14 or so, STI may be ?????

Then it is time to buy

Or like Goldman Sach says - backup the truck