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Singtel shedding a dollar? Dont give me a heart attack sean68.
One surprise observation was that most penny stocks below the price of 10 cents aren't really affected at all, any clue ?
Just wondering if this 19th oct black friday thingy is a self fulfillng prophecy.
Dropped over 90 points hitting the 3,714 mark and Singtel also shedding a dollar.
Hope what CWQuah syas about the last 30 minutes come true.
let see whether black friday will happen 19 oct; 20 years anniverary...
Singapore Straits Times Index falls 2pct, led by SGX
Singapore's benchmark Straits Times Index <.STI> fell more than 2 percent on Friday as renewed concerns over global credit markets weighed on the city-state's banks and Singapore Exchange (SGX)
By 0708 GMT, the STI was down 2.2 percent to 3,726.81 points, led by a 4.5 percent decline in SGX. United Overseas Bank
Singapore's benchmark Straits Times Index <.STI> fell more than 2 percent on Friday as renewed concerns over global credit markets weighed on the city-state's banks and Singapore Exchange (SGX)
By 0708 GMT, the STI was down 2.2 percent to 3,726.81 points, led by a 4.5 percent decline in SGX. United Overseas Bank
yes, money manager n big player is forcing index down to take profit in short selling
Don't worry too much about it. Just sit back and observe what happens at the last 30 mins.
There is a MACD positive divergence today. More or less can expect STI to rebound.
someone shortsell DBS and main blue chips... forcing the price to go down further.... who can save??
See the rebounce from here.
Pick the bargin now.
Humty Dumty sat on the wall, Humty Dumty had a great fall
Any one can put Humty Dumty together again
26 more to go... 
-82 points at 3,726 with financial sector hardest hit 
Hi Newbie2007,
Three observations thus far indicate likely consolidation:
1. Total trading volume - it's only abt 1300m shares traded as of now with 2 hrs left to close. Much lower than the mid-day volumes seen earlier in the week.
2. STI is basically not making very big moves from 11am onwards. Stabilising at lowest pt of 3737-3745.
3. The intraday candlesticks are showing very small bodies and wicks - i.e. not much trading activity.
It will be relatively quiet today, perhaps a bit of spike up near the last 30 mins due to short covering.
Hi Cwquah,
How do you know market is consolidating now? Pls enlighten. Thank you.
alamak, minus 70 points at 3,738 mow 
Heheh watch out for a technical rebound this afternoon. Saw some interesting moves. Mkt actually consolidating right now.
Google beats Street, revenue up 57%
Internet search and advertising giant reports strong increase in sales and profits that surpass estimates but stock is flat after hours.
By Paul R. La Monica, CNNMoney.com editor at large
October 18 2007: 6:34 PM EDT
NEW YORK (CNNMoney.com) -- Google, the world's leading Internet search company, reported strong growth in sales and profits that beat Wall Street's estimates, a further sign of Google's dominance in the lucrative online advertising market.
Shares of Google (Charts, Fortune 500), which initially fell in after hours trading following the earnings release, bounced back and gained more than 1 percent. Still, the less than euphoric reaction may be an indication that Wall Street was expecting the company to report even better third quarter results than it did. The stock, which has surged nearly 40 percent so far this year, rose about 1 percent in regular trading on the Nasdaq Thursday.
http://money.cnn.com/2007/10/18/technology/google_earnings/index.htm?postversion=2007101818
ssshhh........ please do not disturb. The mkt is sleeping, extremely quiet!...hehehe!
Stockcharts.com
Point & figure chart of crude oil shows a target of 109 dollars.
Hyperinflation on the horizon-can bulls still run?