
ipunter.agreed. near means what? seems like its not easy to call the tops. so hard to reach the direction. some say crash, some say bull..lol. confused.
Ended flat as expected.... I would think the month of December, especially the last holiday week, would be something like today.
Unlikely to crash any time, only small correction here and there. Primary still up trend.
This is an optimist's point of view.
Many think the market is going to crash, but many also think that there could be many 'cheongings' by dormant and lagging stocks in the not too distant future. It is a fact that many counters have not yet done their 'cheong' thing ('for the more sophisticated punters, 'cheong' means surge), so how can one think that the market is going to crash just because it seems 'high'?
As far as I know, the market will soon crash only when there's no more counters left to 'cheong' and that's when everyone made money by simply anyhow 'whacking' on any stock.
Obviously that is far from the case at the present time.
Hope that explains it. :)
Why got cheongings?? Can explain?
I believe there still will be a lot of 'cheongings' in the coming weeks/months.
STI of 3,000 is not too far fetched.
STI of 3,000 is not too far fetched.
A short break before cheong again.
Predict next big correction next Feb'07.
The guy says the Dow is near the top of its trading range and a really big fall is due soon. But if you consider it from the big picture perspective, 'near' could mean the market may have 6 months, 1 year, or even more to go before the predicted end? If the market really has changed direction, then it will be obvious from the indices over reasonable period for all to see
DOW to dip 700 pts or more by this yr.
http://www.fabiansetftrader.com/visitor.php?offer=119
do you buy it?
STI will probably end flat today like the Dow. Its the weekend and people don't wanna take too many positions now.
falling now!
Looks like today will end quite flat!
http://www.youtube.com/results?search_query=kung+fu+baby
have some fun, today is friday.. take a break and a nice laugh..
by then out fasion leow! may be also got fungi growth, hee hee.... you still want? : - )
Some will be preparing for NEXT year's xmas... :)
season greeting coming, need shopping for gifts, so have to clear some positions.
I remember someone saying the STI 'has detached itself' from the Dow.
Hope it has it's own unique personality. :)
STI may correct today after the Dow closed flat last night.
Mr. Bull out of steam.
Mr. Bull out of steam.
just begining of the last month of this year, also quater closing in 3 weeks times.
Quite likely... provided there are more optimists like us :)