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Dear STI .... You will kanna force to chiong again, after another Dow's record high last nite. Poor you ah!
So 'sorry' that you will feel giddy today above 2,800 mark. HeeHee!!! .... Its S.H.I.O.K time again with oil dropping to 56 last nite!
Any takers for STI to close at 2,818 today? :-)))
STI closed up RECORD-HIGH of 2,798.45 today, with its all time intra-day high of 2,799.56 .... WoW or WaT!
he's losing "shine" leow
I think whether you believe in astrology or not, earthly events and occurrences do have correspondences and subtle influences on an invisible level. So there is bound to be some 'effect', maybe not too significant, when something out of the routine takes place, 'Bush Effect' may be an example. :)
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Money is Good!
penny stocks are moving again, it's time to cash out before blue chips cheong again
I don't think there is any BUSH effect.... he's now in a lame duck situation
With another Dow's record close last nite, STI should attempt 2,788 today .... some more BUSH in town today!
| 3rd resistance | 2819.1 |
| 2nd resistance | 2802.8 |
| 1st resistance | 2790.2 |
| PIVOT | 2773.9 |
| 1st support | 2761.3 |
| 2nd support | 2745.0 |
| 3rd support | 2732.4 |
My gut feel is that tommorow will be flat.... hehehee.. lets see
Sti end at 2,777.61pts, up by 17.74 pts, tomorro Sti 2,788.78, just my guess.
STI started very high today... then fall like siao... then now recover.
Manipulators at work?
Manipulators at work?
Buay tong liao.... falling...
Seems to be faltering now... cannot hold on to gains.
STI opened up strongly! Yah... but many smaller chips seems to be lethargic.
STI climbs ..... but many counters look lethargic already ..... probably at a level where risk outweighs reward .....
To maximise or play safe ?
Thk yahh.. JongJiu for posting two China-based companies, one of them has seen to be tranforming itself on it road to recovery. Biotreat is no longer retreating for now, px has gone form a low of 48c, now trading at near 58c, my good guess is STI will be inches up to test new high 2,800 marks, in between there'll be as usual some profit taking along d way.
Many are already switching off and are busy preparing for a really merry and meaningful Christmas after the good run-up, especially the property counters...
Think roast turkeys, wine and presents galore!!! :)
>>> Trade With Care
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Think roast turkeys, wine and presents galore!!! :)
>>> Trade With Care
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Another record today for STI .... can see 2,800 mark soon!
October blues extending into November?
I just think that the market is exhausted after a good run in September and October. Need a little break before moving again.
I just think that the market is exhausted after a good run in September and October. Need a little break before moving again.
Recent scandals at two China-based companies
listed in Singapore are "pimples" on the market rather than major disasters and haven't affected investor sentiment, said the exchange's chief executive, Hsieh Fu Hua.
With a small domestic market, the exchange has looked overseas to attract new companies and China-based businesses make up about half of all new listings. But it has not been immune from scandal, with China Aviation Oil (Singapore) Pte Ltd. a high profile casualty after being brought to the brink of collapse in 2004 on $550 million of derivatives trading losses.
More recently, China Food Industries Ltd. has been in the headlines after auditors uncovered fictitious invoices and inventories at the Chinese pig farm and abattoir operator that resulted in overstated
profits. Water treatment company Bio-Treat Technology Ltd. has also been embroiled in controversy after reporting a shock fourth-quarter loss in late August.
listed in Singapore are "pimples" on the market rather than major disasters and haven't affected investor sentiment, said the exchange's chief executive, Hsieh Fu Hua.
With a small domestic market, the exchange has looked overseas to attract new companies and China-based businesses make up about half of all new listings. But it has not been immune from scandal, with China Aviation Oil (Singapore) Pte Ltd. a high profile casualty after being brought to the brink of collapse in 2004 on $550 million of derivatives trading losses.
More recently, China Food Industries Ltd. has been in the headlines after auditors uncovered fictitious invoices and inventories at the Chinese pig farm and abattoir operator that resulted in overstated
profits. Water treatment company Bio-Treat Technology Ltd. has also been embroiled in controversy after reporting a shock fourth-quarter loss in late August.